Notice Accounts

refluxer

MichaelAP said:

Anyone having issues logging into OakNorth this morning? I have tried for the past 3 hours using the app on my iPhone but it constantly refuses to log in. I’ve sent an email to them but as yet no reply.

Yes - their online banking service appears to be down at the moment.

Attempting to log in via the (Android) app eventually gives this message... "We'll be back soon. We're making some updates behind the scenes. Unfortunately, this means we're unavailable at the moment. Please check back shortly".

Logging in via the website gives this one... "We are having some technical issues, please try again later."

MichaelAP

refluxer said:

MichaelAP said:

Anyone having issues logging into OakNorth this morning? I have tried for the past 3 hours using the app on my iPhone but it constantly refuses to log in. I’ve sent an email to them but as yet no reply.

Yes - their online banking service appears to be down at the moment.

Attempting to log in via the (Android) app eventually gives this message... "We'll be back soon. We're making some updates behind the scenes. Unfortunately, this means we're unavailable at the moment. Please check back shortly".

Logging in via the website gives this one... "We are having some technical issues, please try again later."

Many thanks. Yes, just tried online as well and have the same.

Rheumatoid

Rheumatoid said:

slinger2 said:

jaypers said:

Investec 90 Day reducing. Guess it was only a matter of time! That’s me giving notice on mine then.

The only surprise is they've only cut to 5.05% AER. I've got the 95-day RCI account paying 4.95% and the Oxbury 90-day paying 5.0% from October (NLA). Neither have much in and clearly I'm not tempted to move anything to those 2. I've recently opened the DF Capital paying 5.3% but don't really expect that to last too long.

opened but not funded. probably won't bother as DF 120 day still at 5.35 for me

DF 120 down from 5.35 to 5 on 14/2/25

Growingold

slinger2 said

Difficult to believe that the OakNorth tracker will be paying over 5% in the new year, but you never know.

With the 95 day notice tracker although you have to give 95 days notice to withdraw Oaknorth don't give 95 days notice of interest rate changes.  From their terms for the account:_
" The interest rate on your account will be updated on the 1st day of each calendar month to reflect the change made to the Bank of England Base rate. "

allegro120

DF Capital E-mail received yesterday. "We wanted to let you know that the interest rate on your 180 Day Notice Account will be reducing on 15 April 2025. This date represents the notice period, plus a further 14 days for you to consider your options.

Current Interest Rate 5.40% AER1 variable

New Interest Rate 4.75% AER1 variable"

gwapenut

allegro120 said:

DF Capital E-mail received yesterday. "We wanted to let you know that the interest rate on your 180 Day Notice Account will be reducing on 15 April 2025. This date represents the notice period, plus a further 14 days for you to consider your options.

Current Interest Rate 5.40% AER1 variable

New Interest Rate 4.75% AER1 variable"

I think that will be extremely competitive in April, and ultra-competitive between now and April

slinger2

Growingold said:

slinger2 said

Difficult to believe that the OakNorth tracker will be paying over 5% in the new year, but you never know.

With the 95 day notice tracker although you have to give 95 days notice to withdraw Oaknorth don't give 95 days notice of interest rate changes.  From their terms for the account:_
" The interest rate on your account will be updated on the 1st day of each calendar month to reflect the change made to the Bank of England Base rate. "

It's a "tracker", that's why. If you don't want a tracker then don't go for this product.

slinger2

For the DF 120 and 180-day rate reductions noted above they seem to have given the notice period + 14 days notice (134 and 194 days - near enough). I'm assuming the 90-day account will be next, probably 104 days notice.

allegro120

slinger2 said:

For the DF 120 and 180-day rate reductions noted above they seem to have given the notice period + 14 days notice (134 and 194 days - near enough). I'm assuming the 90-day account will be next, probably 104 days notice.

Yes, I'm sure it is the same for all DF notice accounts.

Rheumatoid

gwapenut said:

allegro120 said:

DF Capital E-mail received yesterday. "We wanted to let you know that the interest rate on your 180 Day Notice Account will be reducing on 15 April 2025. This date represents the notice period, plus a further 14 days for you to consider your options.

Current Interest Rate 5.40% AER1 variable

New Interest Rate 4.75% AER1 variable"

I think that will be extremely competitive in April, and ultra-competitive between now and April

I'm thinking that about 5% in Feb for the 120 day. will be in no rush to empty it.