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Notice Accounts

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Comments

  • Good to see some movement on notice accounts. I’d like to see some 90 day accounts start to move again. 🙂
  • Burcot
    Burcot Posts: 104 Forumite
    Third Anniversary 100 Posts Name Dropper
    Recently opened an Aldermore Bank Acc.  I don't see much info about it and it seems to have disappeared from ratings.  Has anyone else subscribed to Aldermore Bank? 
  • 10_66
    10_66 Posts: 3,470 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Burcot said:
    Recently opened an Aldermore Bank Acc.  I don't see much info about it and it seems to have disappeared from ratings.  Has anyone else subscribed to Aldermore Bank? 
    I've not got a bank account with them, but have used them for savings and found them to be as good as most.
  • Burcot
    Burcot Posts: 104 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 7 December 2022 at 10:05AM
    10-16.   Just to clarify, I meant I had opened a savings account with them.  So thank you.  
    They have only been around since 2009 so relatively new bank.  Their double drop acc was around 3%
  • Wheres_My_Cashback
    Wheres_My_Cashback Posts: 4,394 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 14 December 2022 at 3:54PM

    OakNorth

    We have great news: we're increasing the interest rate on your 90 day Notice Account.

    Effective from 01 Jan 2023, the interest rate on your Notice Account will increase from 3.07% AER to 3.20% AER.

    We’ll apply this higher rate to your account automatically, so you don't need to do anything.

  • Shedman
    Shedman Posts: 1,575 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper

    OakNorth

    We have great news: we're increasing the interest rate on your 90 day Notice Account.

    Effective from 01 Jan 2023, the interest rate on your Notice Account will increase from 3.07% AER to 3.20% AER.

    We’ll apply this higher rate to your account automatically, so you don't need to do anything.

    And don't forget if you don't want to wait to Jan 1st for that new rate you can open a new 90 day account and move the whole sum (incl any accrued interest) across to it (after cancelling any pending withdrawals).  Although you would have give notice again and the earliest withdrawal date would now be 15 March 2023.
  • janusdesign
    janusdesign Posts: 1,024 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    OakNorth

    We have great news: we're increasing the interest rate on your 90 day Notice Account.

    Effective from 01 Jan 2023, the interest rate on your Notice Account will increase from 3.07% AER to 3.20% AER.

    We’ll apply this higher rate to your account automatically, so you don't need to do anything.

    it looks as though that rate is already being applied to new accounts now as their site is listing 3.2% as the current rate.
  • penners324
    penners324 Posts: 3,521 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Starling 3.25% 1 year fixed launched today
  • Burcot
    Burcot Posts: 104 Forumite
    Third Anniversary 100 Posts Name Dropper
    Good news for Oak north savers.  I guess we might see a few following suit after todays announcement - certainly hope so.  
  • They are going to have to increase them again following Zopa's increase
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