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Comments

  • RG2015
    RG2015 Posts: 6,174 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    CuparLad said:
    RG2015 said:
    Okay thanks.

    However 5.20% fixed for 12 months from opening is somewhat inconsistent with we can change the interest rate.
    The Key Facts document you have linked to states that the rate is variable:
    5.20% AER/gross (variable) for 12 months from account opening
    I'm afraid it's the account that runs for 12 months, not the rate.

    Okay thanks.

    I was sure it read 5.20% fixed for 12 months but I must have been mistaken.
  • KevinG
    KevinG Posts: 2,132 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    RG2015 said:
    CuparLad said:
    RG2015 said:
    Okay thanks.

    However 5.20% fixed for 12 months from opening is somewhat inconsistent with we can change the interest rate.
    The Key Facts document you have linked to states that the rate is variable:
    5.20% AER/gross (variable) for 12 months from account opening
    I'm afraid it's the account that runs for 12 months, not the rate.

    Okay thanks.

    I was sure it read 5.20% fixed for 12 months but I must have been mistaken.
    You are. It didn't. It was never a fixed rate account.
    2kWp Solar PV - 10*200W Kioto, SMA Sunny Boy 2000HF, SSE facing, some shading in winter, 37° pitch, installed Jun-2011, inverter replaced Sep-2017 AND Feb-2022.
  • RG2015
    RG2015 Posts: 6,174 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    KevinG said:
    RG2015 said:
    CuparLad said:
    RG2015 said:
    Okay thanks.

    However 5.20% fixed for 12 months from opening is somewhat inconsistent with we can change the interest rate.
    The Key Facts document you have linked to states that the rate is variable:
    5.20% AER/gross (variable) for 12 months from account opening
    I'm afraid it's the account that runs for 12 months, not the rate.

    Okay thanks.

    I was sure it read 5.20% fixed for 12 months but I must have been mistaken.
    You are. It didn't. It was never a fixed rate account.
    Okay thanks.

    I am so grateful that you have confirmed that I was mistaken.  :D
  • jaypers
    jaypers Posts: 1,138 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Drop is on 20/5 not 8/5.
  • rallycurve
    rallycurve Posts: 218 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    jaypers said:
    Drop is on 20/5 not 8/5.
    They've just updated the MSE page. It said the 8th earlier
  • RG2015
    RG2015 Posts: 6,174 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 8 March 2024 at 9:36AM
    jaypers said:
    Drop is on 20/5 not 8/5.
    Debatable, as MSE are showing both dates in different sections of the report.

    Let's wait and see if they correct it any time soon.

    Also, @Bridlington1 said they confirmed this on the Santander app webchat. Maybe they have the correct date from the horse's mouth.


  • Bridlington1
    Bridlington1 Posts: 4,326 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    @soulsaver
    Paragon Dble Access Iss6 5.16% £1k min now NLA. To be replaced by Issue 7 at 5.05% tomorrow.
    Issue 7 at 5.05% is now live as advertised:
    https://www.paragonbank.co.uk/savings/double-access-account
This discussion has been closed.
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