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Marcus savings reduced interest rate !

Just had an email from Marcus , informing me that due to the interest rates declining in the past few months they are lowering my interest rate by 0.05% 

is it now worth moving my money to a new savings account ? Are there any easy access savings that pay more now ? 

Comments

  • chamelion
    chamelion Posts: 483 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 19 February 2020 at 12:53PM
    Gidged500 said:
    Just had an email from Marcus , informing me that due to the interest rates declining in the past few months they are lowering my interest rate by 0.05% 

    is it now worth moving my money to a new savings account ? Are there any easy access savings that pay more now ? 
    If you're an existing customer, no.
    And, before working your way into a massive stress attack, do take a moment to think whether the 0.4p less per £100 saved is worth this stress. Have 100 grand? That's what, 4 quid less per month? And that's before taxes if that applies... 
    5.41 kWp System, E-W. Installed Nov 2017
    Lux + 3 x US2000B + 2 x US3000C battery storage. Installed Mar 2020.
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