NatWest Savings Builder rate reduction to 0.25% (and RBS too)

RG2015

For anyone considering this account, the rate is being reduced from 0.75% to 0.25% on 16th February. This is not showing on their website but I received a letter in the post this morning advising me of this change.

Edit 17:06 Tue 2nd February
NatWest and RBS are now showing this on their websites on the Savings Builder page.

BakingC

Thanks for posting this. I had literally this month just moved a sum back to this as it was still showing 0.75% and thought why not. Back it goes I guess. 

veryintrigued

Thanks and b@gger.

You might want to add RBS to the title as it will almost certainly follow.

Double b@gger

ForestBluebells

I just moved some money to this account too, ok it will go to premium bonds now. 

mika_dm

I'll close mine when this happens.

Thanks OP

VXman

Bloomin' eck!    (Actually did an acronym for something a little stronger but this board has good filters doesn't it  )

RG2015

And then there was one, well for me at least. Skipton hanging on in there at 1.20%

MovingForwards

Oh great, thanks for sharing.

Shankers

Savings building....very, very slowly. Or should the account now be called 'savings eroder' due to inflation?

st182

thanks for sharing  gutted- used this a lot over the years

wiseonesomeofthetime

@st182 - your profile pic was my first credit card. Things seemed so much simpler back in those days😁