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Comments
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same here + from Cov0
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Winding down my NBS tracker, no longer competitive.
Whoever brings out whatever has got to equal 5.2% or thereabouts now.
It will be interesting to see if Santander pulls it earlier than 17th Sept.0 -
Don't think I've seen this mentioned... Family Building Society
Our Online Saver (5) product will be increasing to 5.10% from 8 September 2023.
Account is NLA but should be of interest to those who have it.15 -
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Who knows? It depends how desperate they are for cash. At the time when they introduced -0.7% they went to the top of the table, if they introduce a new -0.25% issue they will be still below the leading EA rate. 0% will get some money in, but might be beaten by somebody else very soon.Freebird53 said:What are the chances of Newcastle BS releasing a base Rate - 0.25% Tracker?The -0.7% is looking rather poor.1 -
Santander's 5.2% EA account is an obvious loss leader that no others can afford to absorb right now. The next BoE review will shuffle the pack again.0
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cadguy77 said:Santander's 5.2% EA account is an obvious loss leader that no others can afford to absorb right now. The next BoE review will shuffle the pack again.
It's not even a loss leader. Even if Santander just deposit all the money at the BoE, they would earn 5.25% on it.
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allegro120 said:
Who knows? It depends how desperate they are for cash. At the time when they introduced -0.7% they went to the top of the table, if they introduce a new -0.25% issue they will be still below the leading EA rate. 0% will get some money in, but might be beaten by somebody else very soon.Freebird53 said:What are the chances of Newcastle BS releasing a base Rate - 0.25% Tracker?The -0.7% is looking rather poor.
Absolutely, however I personally prefer to invest in Building Societies rather than banks. If Newcastle were to stay in the same ball park, that would be enough for me.
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Even if the BoE raises rates at the next meeting by 50 bp, NBS tracker will still be lagging, their ball won`t even be in the same park as Santander.Freebird53 said:allegro120 said:
Who knows? It depends how desperate they are for cash. At the time when they introduced -0.7% they went to the top of the table, if they introduce a new -0.25% issue they will be still below the leading EA rate. 0% will get some money in, but might be beaten by somebody else very soon.Freebird53 said:What are the chances of Newcastle BS releasing a base Rate - 0.25% Tracker?The -0.7% is looking rather poor.
Absolutely, however I personally prefer to invest in Building Societies rather than banks. If Newcastle were to stay in the same ball park, that would be enough for me.1 -
@soulsaver
Secure Trust Access Account Issue 9 (£1k min) now 4.8%
Skipton Single Access Issue 1 (£15k min) now 4.8%
Kent Reliance EA Issue 64 (£1k min) now 4.75%4
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