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Beehive eSaver Instant 9 rate reduction 1.45 to 1.0%
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soulsaver
Posts: 6,616 Forumite
Just got this secure message.
It's a bit unclear if this is applied to everyone on this account or me 'cos I've had 12 months on the higher rate, but it'll be on its way....either way.
"Savings Account
Subject
Important information: Rate reduction to your eSaver Instant Issue 9 account
Body
We regularly review our savings interest rates, alongside the rates offered by other savings providers and what is happening in the wider market. Sometimes this means having to make the difficult decision to reduce interest rates.
As a result of our latest review, the interest rate payable on your account will change on 21st November 2019.
Your new interest rate will be 1.00% gross p.a./AER*."
It's a bit unclear if this is applied to everyone on this account or me 'cos I've had 12 months on the higher rate, but it'll be on its way....either way.
"Savings Account
Subject
Important information: Rate reduction to your eSaver Instant Issue 9 account
Body
We regularly review our savings interest rates, alongside the rates offered by other savings providers and what is happening in the wider market. Sometimes this means having to make the difficult decision to reduce interest rates.
As a result of our latest review, the interest rate payable on your account will change on 21st November 2019.
Your new interest rate will be 1.00% gross p.a./AER*."
0
Comments
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Just got this secure message.
It's a bit unclear if this is applied to everyone on this account or me 'cos I've had 12 months on the higher rate, but it'll be on its way....either way.
"Savings Account
Subject
Important information: Rate reduction to your eSaver Instant Issue 9 account
Body
We regularly review our savings interest rates, alongside the rates offered by other savings providers and what is happening in the wider market. Sometimes this means having to make the difficult decision to reduce interest rates.
As a result of our latest review, the interest rate payable on your account will change on 21st November 2019.
Your new interest rate will be 1.00% gross p.a./AER*."
me too!
grrr!0 -
Goodbye Nottingham......0
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0
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1.55 to 1.45 to 1.00 in six weeks?0
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Still showing at 1.5% for me with no message in my inbox to suggest otherwise.0
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My account name is showing as Beehive Online Saver. Opened in June this year.0
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That explains it then.My account name is showing as Beehive Online Saver. Opened in June this year.0 -
Same here. Account now closed and all the funds in a brand spanking new Marcus account...Debt Free 03 Dec 2014/£25k repaid
Mortgage: Dec 2014: £98,392.77. Jan 2018: £78,000. Nov 2018: £74,736. July 2019: 70,000
*Life is what happens when you're busy making other plans*0
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