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MSE News: First Direct doubles interest on regular saver to 7% – how to get the new rate

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  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    I remember the last time I had a savings rate of 7% ... in an Icelandic bank ... in 2008 ... :#
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Albermarle
    Albermarle Posts: 27,847 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    quirkydeptless said:
    I remember the last time I had a savings rate of 7% ... in an Icelandic bank ... in 2008 ... :#
    quirkydeptless said:
    I remember the last time I had a savings rate of 7% ... in an Icelandic bank ... in 2008 ... :#
    I  remember getting 7% with Northern Rock, but that was after the government had stepped in, not before....
  • jimmynoton
    jimmynoton Posts: 16 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    quirkydeptless said:
    I remember the last time I had a savings rate of 7% ... in an Icelandic bank ... in 2008 ... :#
    Listen, don't mention Icesave. I mentioned it once, but I think I got away with it all right.
  • Sallyforth
    Sallyforth Posts: 601 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Nice one - thanks for the heads up!
    Tilly Tidying and
    PADing in 2024 £250.62
    ___________________________________________________________________________________________

    RIP Mum & Dad - thanks for helping me on my journey to be
    Debt and Mortgage free from 2018

  • eskbanker
    eskbanker Posts: 37,106 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    cricidmuslibale said:
    Brewer21 said:
    Already got a regular saver with them, so another 5 months to go but at 7% 👍
    It’s almost as pleasurable as a 7% ale 🍺 imho!
    Perhaps we'll eventually get to wine-compliant rates again.... 🍷
  • RobM99
    RobM99 Posts: 2,706 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    Enclose a selfie video of yourself applying?!
    Now a gainfully employed bassist again - WooHoo!
  • jaypers
    jaypers Posts: 1,035 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Just had a text message from them confirming the increase. 
  • Millyonare
    Millyonare Posts: 551 Forumite
    500 Posts First Anniversary
    It's only another ~£60 in annual interest, but every little helps 👍
  • ZeroSum
    ZeroSum Posts: 1,200 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Was going to switch out my FD account. Might aswell keep it now
  • subjecttocontract
    subjecttocontract Posts: 2,726 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    It's a small bit of good news in what has been a disappointing couple of weeks with interest rates generally falling/ being withdrawn.
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