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Well, I didn’t get the email....

soulsaver

GalacticaActual said:

My Marcus Online Savings Account is showing 1.80% gross variable this morning (22nd September 2022), which includes the 0.25% bonus rate:

Thanks. Added to Totp - see signature below for link... 
Note: Anything below 1.8% will drop off the ToTP list At CoP Friday. 

km1500

0.5% increase - less than expected.

Molehusband

km1500 said:

0.5% increase - less than expected.

Better than nothing and still worth keeping account open (even with lower balance) in case further increase comes in future.

gwapenut

veryintrigued said:

Brace yourselves 

Dozens of 'Ive got the interest rate rise email / mines been raised too' posts incoming.

Plus half a dozen "me too" for each provider.

RG2015

Molehusband said:

km1500 said:

0.5% increase - less than expected.

Better than nothing and still worth keeping account open (even with lower balance) in case further increase comes in future.

You haven't said which account is worth keeping open.

AndyTh_2

Molehusband said:

km1500 said:

0.5% increase - less than expected.

Better than nothing and still worth keeping account open (even with lower balance) in case further increase comes in future.

Their comment was in regards to the UK base rate, as Marcus was a 0.3% addition

Molehusband

JenniferK said:

Have Chase dropped the ball?  Still at 1.5% despite BOE rate rises.

It must be costing them a fortune for all the promotion and adverts they are placing on TV. I wouldn't even be surprised if they had to reduce the rate to recover all their enormous costs.

Chase them away as far as I'm concerned.

Futuristic

Molehusband said:

JenniferK said:

Have Chase dropped the ball?  Still at 1.5% despite BOE rate rises.

It must be costing them a fortune for all the promotion and adverts they are placing on TV. I wouldn't even be surprised if they had to reduce the rate to recover all their enormous costs.

Chase them away as far as I'm concerned.

They burn money just like all start ups and fintech banks but they technically have infinite spending power. Sure they'll probably drop rates if they go lower but not expecting them to follow BoE rates nor does it say they do. They want people using their bank accounts (and soon additional services they will offer) not just sitting there with money (they already have that)

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Molehusband said:

JenniferK said:

Have Chase dropped the ball?  Still at 1.5% despite BOE rate rises.

It must be costing them a fortune for all the promotion and adverts they are placing on TV. 

What adverts? (Lol, inhouse joke)