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HSBC and Firstdirect Regular Saver Accounts Rate Drop

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New accounts pay 1% from today (as flagged by a leak in an earlier thread).
Guess my current 2.75% ones will be my last. Not worth the hassle for 1%.

Comments

  • ctdctd
    ctdctd Posts: 1,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 24 November 2020 at 10:49AM
    Phew!
    Mine matured over the weekend and allowed me to renew it at the old rate - showed up online yesterday. B)
    Do Money Saving sites make you buy more bargains - and spend more money?
  • Nooooo! Mine matures tomorrow ☹️
    Northern Ireland club member No 382 :j
  • Being discussed in Regular Saver thread
  • xylophone
    xylophone Posts: 45,604 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think that it will be goodbye FD next September.......probably keep HSBC account (although not bother with renewing RS next year) as I've had it for longer than I care to remember...
  • 24th November 2020 may well go down in history as one of the worst days ever for UK savers! This takes into account all the massive NS&I cuts to both their variable and fixed interest rates plus the severe cut in the regular saver rates for HSBC and First Direct plus possibly other interest rate reductions today that I'm not presently aware of.
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