We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BoS Vantage reducing interest from 1st Oct
ksgomu
Posts: 4 Newbie
Sorry if already posted but couldn't see it and just got the notice in my BoS inbox.
Going down to 0.6% (down from 1) for the first 4k and 1.5% (down from 2) for the next 1k.
Going down to 0.6% (down from 1) for the first 4k and 1.5% (down from 2) for the next 1k.
0
Comments
-
I just got the email too.
So if you keep £5k in there for 12 months, you earn £39 (£4000 x 0.6%, + £1000 x 1.5%), which I make to be 0.78% overall?
I will probably still keep it as easy access "savings" to cover any shortfalls for regular savers each month.0 -
You just got in before me, I just had the letter from BOS regarding the drop-in interest rates on vantage account I suppose it was to be expected having three accounts comes as a bit of a blow.
How long will we have to wait for the letter from Lloyds drop on to the door mat?
I choose the rooms that I live in with care,
The windows are small and the walls almost bare,
There's only one bed and there's only one prayer;
I listen all night for your step on the stair.0 -
Just had messages from both BoS and Lloyds. Lloyds is doing the sameHow long will we have to wait for the letter from Lloyds drop on to the door mat?Total OPs 2012 - 2019 £39744.75Target 2020 £18500/£1850001/05/2020 MORTGAGE FREEMFiT-T4 #03 MFW2019 #30 -
I have two BOS Vantage accounts. They haven’t really been worth holding for some time, this latest drop will probably make me close the accounts and transfer the money to Premium Bonds.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards