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Paragon Easy Access Saver rate drop


We’re reducing your interest rate

We understand this is disappointing news, and while we always aim to offer you the best rate we can, a continued reduction in interest rates within the savings market means we’re changing the interest rate offered on your savings account.

 

From 3rd July 2020 the interest rate on your Easy Access Issue 8 will be 0.50%.

 

Current rate AER*

New rate AER*

Effective from date

Easy Access Issue 8

1.00%

0.50%

3rd July 2020





Comments

  • Ocelot
    Ocelot Posts: 586 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    They dropped it  from 1.35% to 1% a month or so ago and now down to 0.5%. Nsandi still offer 1% IA.
  • RobM99
    RobM99 Posts: 2,639 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    Well, there's a surprise!  
    Now a gainfully employed bassist again - WooHoo!
  • margaretx9
    margaretx9 Posts: 212 Forumite
    Third Anniversary 100 Posts
    Also reducing their easy access ISA rates from 1% to either 0.5% or 0.75% depending on the issue.  Some got cut to 0.5% on 12 June - others changing as above from 3 July.
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