Shawbrook

Krakkkers

Do they ever update their rates? got some money in their instant access account and waiting to fix but looks like i might have to transfer out to another bank.

Pompeydave1967

Rates are low in comparison to others at the moment , Saturday down for maintenance so maybe increases then.

ranciduk

They actually update their rates a lot

But they have been quiet in recent weeks

all that will change soon hopefully 

Old_Slaphead

I agree. They tend to be quite early in the upping rates cycle. Maybe they've got enough cash for now.

Bigwheels1111

Shawbrook put their rates down, a few weeks back.
I just topped up my Al Ryan and Gatehouse accounts.
Will switch the rest to Ford money next week.

Krakkkers

Way behind the competition now.

cloud_dog

Krakkkers said:

Way behind the competition now.

I'm struggling with this TBH. 

On MSE the top EA rate is Ford at 1.95% and Ford only very recently (days ago) increased the rate, compared to Shawbrook EA at 1.81% (1.86% for those of use previously with SB), so a whole 0.14% behind.  Hardly 'way' behind, and hopefully they will react to the rise yesterday, whereas it is probable that Ford will not react further to the recent rise. 

Krakkkers

I am looking at fixed rates

Albermarle

Krakkkers said:

Way behind the competition now.

These smaller banks only offer the best rates when they need more money to lend out/fund their businesses. Once they have enough, they deliberately become less competitive for a time.