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Atom Bank Interest Rate

I'm confused, I have an Instant saver with Atom Bank, on my app the rate is showing as 0.5%, however, the website shows the rate as 0.37%. This is obviously the rate for new applicants so am I correct in assuming that they have maintained the 0.5% for the original account holders?

Comments

  • Cigar
    Cigar Posts: 10 Forumite
    Seventh Anniversary First Post Combo Breaker
    I have the same rate - still 0.5% but when you look at the instant saver account for new applicants it’s 0.37%.  I don’t believe I’ve missed an email or other notification from them so it looks like the rate is holding steady for existing customers (for now).
  • I spoke with Atom CS yesterday, as fixed saver maturing this week, and asked this question of the Instant Saver.

    I was informed that "there are no current plans to reduce the rate for existing customers, however, if this changes, we shall give you 14 days notice"

    Hope that helps.
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