Secure Trust Bank Rate Drop

meatandtwoveg

Anyone received anything in the mail prior to today.
I have not received anything by post or email until a minute ago...
A reminder? First I've heard.
Two weeks notice on a 90 day notice account..

Awful customer service.

This is a reminder that, as stated in our previous communication to you, from 25 June 2020 the interest rate on your account will be reduced as below.

Notepad_Phil

Not the 90 day version, but I've got the 60 day notice account and I love their customer service. I received an email mid-May to say that it was dropping the interest rate on the 3rd August - so way more than the 60 days notice I would need to give if I was going to move it, but I won't as the 1.30% AER is still pretty competitive and I've already filled all of the usual suspects which can give more interest but on smaller sums.

anyinterest

I have a 90 day notice still getting 1.90%, they wrote to me in April telling me it was reducing to 1.45% from 25 June. Had a reminder email yesterday. So still competitive and have always had a great service from Secure Trust Bank, no complaints.

george4064

anyinterest said:

I have a 90 day notice still getting 1.90%, they wrote to me in April telling me it was reducing to 1.45% from 25 June. Had a reminder email yesterday. So still competitive and have always had a great service from Secure Trust Bank, no complaints.

I think you might be mistaken because I had the 90 day notice account earning 1.90% and it reduced to around 1.5% in May this year.

anyinterest

Copied and pasted from yesterday’s email: 

This is a reminder that, as stated in our previous communication to you, from 25 June 2020 the interest rate on your account will be reduced as below.

The current rate of interest:

1.89% Gross Rate p.a.
1.90% Gross AER*

Your new rate as of 25 June 2020:

1.44% Gross Rate p.a.
1.45% Gross AER*