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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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Comments

  • 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: 28,256 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I remember the last time I had a savings rate of 7% ... in an Icelandic bank ... in 2008 ... :#
    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....
  • 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.
  • 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: 37,635 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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: 2,721 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: 1,055 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Just had a text message from them confirming the increase. 
  • It's only another ~£60 in annual interest, but every little helps 👍
  • ZeroSum
    ZeroSum Posts: 1,207 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Was going to switch out my FD account. Might aswell keep it now
  • 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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