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Marcus savings lowering interest rate to 0.7%

gord115
gord115 Posts: 1,077 Forumite
Part of the Furniture 500 Posts Combo Breaker
edited 25 September 2020 at 1:08PM in Budgeting & bank accounts
Just had email that states Marcus savings are lowering rates to 0.7% from 12th October.
I have Just had a quick search and Coventry building society are paying 1.1% (max 2 penalty free withdrawals per year)
Do you think this is worth the plunge or will they follow suit and lower their rates too.
Thoughts please.

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