understanding saving accounts interest rates

cisko65

Thanks everybody. Learning a lot through the forum.

cisko65

Thanks everybody. Learning a lot through the forum.

MDMD

Zanderman said:

cisko65 said:

Still, one of my query is still unsolved
Tandem 1 year fixed rate:

- MSE says open online (This matches what's on Tandem website).

- MoneySuperMarket says manage by post/telephone

Thanks and sorry for my mistake.

 MoneySuperMarket now lists the 1 year Tandem account correctly as 0.85% but still says "manage by post/telephone" - which is clearly incorrect for an entirely online bank like Tandem.

The lesson here is to realise that aggregator sites like MSE or Moneysupermarket are not infallible.  They may be out of date.  They can make errors.  Only the actual bank's website will tell you what is currently available and how to apply. (though for outfits like Raisin or HL Active Savings you might, sometimes but not often, find a better deal than the ban's advertised rate).

Your opening post acknowledged what was on Tandem's website - which was the genuine actual current offering.

In this case MSE win the prize for accurate reporting.  Moneysupermarket do not.

Given Moneysupermarket owns MSE, you would have thought that they could use the same data!