TSB Interest rate drop

Poor_Leno

colsten said:

Poor_Leno said:

Don't think so.  Newbury's interest rate is 1.75% for existing members.  That's what I use for easy access.

That's a very limited account as you can only deposit £2,000 a tax year, and it's only for a very limited Post Code range. It's a useful account for those lucky enough to be entitled to it. I am one of them, and I'll definitely not withdraw a penny from it whilst they keep it at 1.75%. I'll also be adding my next £2k to it on April 6.

Yeah, though 2,000 limit is plenty enough for me to use as a leftover account after i've paid into my two regular savers and help to buy ISA that each pay 5%, 3% and 2.58%.   I'll be shifting the 1500 i've got in TSB classic account come April in it though, so that'll swallow up next tax year's allowance somewhat.  I've been putting my matured RS's into a Marcus account last couple years though will have to review that soon now they've started dropping the underlying rate.  !!!!!! time for savers right now.