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Paragon Notice Account - Interest Rate Drop

techwatcher
techwatcher Posts: 97 Forumite
Ninth Anniversary 10 Posts
edited 29 May 2020 at 3:39PM in Savings & investments
Just had an email from Paragon about my 120 Day Notice Account (Issue 4). It's currently paying 1.5% but interest rate will drop to 1.05% on 10th October.

Time to find a new home for the funds in there methinks.

Comments

  • margaretx9
    margaretx9 Posts: 212 Forumite
    Third Anniversary 100 Posts
    Just posted about the cut on their instant cash isa issue 3 from 1% to 0.5% from 12 June. Presume this applies to all their legacy instant access ISAs.
    At least you get 4 and a half months notice as opposed to 2 weeks of the change.
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