Halifax Have Made Me Feel Very Special

MACKEM99

When I log on they tell me I have been selected for a special rate of interest on my savings which I can apply for:
0.01%
Make me feel warm inside.

burner03

Thanks for sharing

m-holland

Lets hope their next special offer is the ability to not have a title in ALL CAPS

MACKEM99

m-holland said:

Lets hope their next special offer is the ability to not have a title in ALL CAPS

Sorry - sorted.

[Deleted User]

What interest rate do you expect when the base rate is 0.1%  ?

General_Grant

profile/Deleted User said:

What interest rate do you expect when the base rate is 0.1%  ?

Whatever rate one expects, 0.1% is hard to promote as "special rate of interest".

lhsecons

profile/Deleted User said:

What interest rate do you expect when the base rate is 0.1%  ?

There are many other banks paying more than 1/10th of bade and always have been!!!

lhsecons

General_Grant said:

profile/Deleted User said:

What interest rate do you expect when the base rate is 0.1%  ?

Whatever rate one expects, 0.1% is hard to promote as "special rate of interest".

It is. However the rate being promoted to the OP is 0.01% which is even worse!!

onlyfoolsandparking

Natwest keep offering me an instant savings account with 0.01% interest, does the fact they keep offering it me make me special too?

pinkdalek

They don't need an influx of cash, otherwise they would soon launch a decent rate and receive an influx from rate tarts. They probably have enough in reserve and don't need anymore.
Why would they offer a decent rate when they can get money off the BOE at 0.1% and then lend back at higher rates.

MACKEM99

I have just shredded some old paperwork from accounts, one was for 6.1% interest - those were the days.