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  • UncleK
    UncleK Posts: 313 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper
    I had an issue 53 with the old rate and now moved to the new one. Ho hum
  • AndyTh_2
    AndyTh_2 Posts: 335 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 16 August 2022 at 6:48PM
    AndyTh_2 said:
    I've just fast track applied to it and it's open (I didn't have a Issue 53 before
    because other banks/BS had better rates), but it wont tell me the issue until tomorrow, by which point if it was an error on the product page, will be updated anyway.

    Someone I know has the issue 53, which still says the 1.6% rate, but if the increase was definitely on issue 53 that could still be reflected tomorrow.
    No error, this is an increase to the rate specifically for Issue 53 to 1.85%. Will remain on sale for a while yet. If it says the 1.60% rate it will reflect later this evening/tomorrow with a communication to follow. 
    if you have more information than the public product page, fair enough. Just I've seen similar errors on the product page before (e.g. when the url wasn't updated to the new issue number once)
  • Fantastic news......I bet the taxman is pleased as well !
  • uptdale
    uptdale Posts: 180 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    AndyTh_2 said:
    I've just fast track applied to it and it's open (I didn't have a Issue 53 before
    because other banks/BS had better rates), but it wont tell me the issue until tomorrow, by which point if it was an error on the product page, will be updated anyway.

    Someone I know has the issue 53, which still says the 1.6% rate, but if the increase was definitely on issue 53 that could still be reflected tomorrow.
    No error, this is an increase to the rate specifically for Issue 53 to 1.85%. Will remain on sale for a while yet. If it says the 1.60% rate it will reflect later this evening/tomorrow with a communication to follow. 
    Well, the product page says explicitly that the new rate is for new accounts opened after 5 pm on 16 August.  So it looks like we have to open a new account to get the new rate.

  • homemover2020
    homemover2020 Posts: 27 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 16 August 2022 at 6:56PM
    uptdale said:
    AndyTh_2 said:
    I've just fast track applied to it and it's open (I didn't have a Issue 53 before
    because other banks/BS had better rates), but it wont tell me the issue until tomorrow, by which point if it was an error on the product page, will be updated anyway.

    Someone I know has the issue 53, which still says the 1.6% rate, but if the increase was definitely on issue 53 that could still be reflected tomorrow.
    No error, this is an increase to the rate specifically for Issue 53 to 1.85%. Will remain on sale for a while yet. If it says the 1.60% rate it will reflect later this evening/tomorrow with a communication to follow. 
    Well, the product page says explicitly that the new rate is for new accounts opened after 5 pm on 16 August.  So it looks like we have to open a new account to get the new rate.

    Yes and it also does on the Fast Track application...however,I just logged in again and the interest rate of my existing issue 53 does indeed now show the new rate.
  • subjecttocontract
    subjecttocontract Posts: 2,834 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 16 August 2022 at 6:57PM
    Don't panic it's only costing you a maximum of 58p a day in lost interest.
  • AndyTh_2
    AndyTh_2 Posts: 335 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Don't panic it's only costing you a maximum of 58p a day in lost interest.
    double that for joint accounts :)
  • AndyTh_2
    AndyTh_2 Posts: 335 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 16 August 2022 at 7:33PM
    Don't panic it's only costing you a maximum of 58p a day in lost interest.
    we're just in shock at the thought of Cynergy updating an existing issue's rate we stare in disbelief :)

    also the person I said had issue 53, their account says 1.85% now
  • How do you know which issue number you have?

    I opened the latest issue (1.60%) on 5th August, but issue shows as blank when I look online.
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Issue 53 here and still showing as 1.6% overall


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