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Newcastle BS savings opinion please

Patrington
Posts: 98 Forumite

Our first soirée with NBS was a year ago when we opened the 2% RS account.
At that time it was pretty decent.
Over the last few months the fixed rate has lagged behind others so the monthly contribution has been tweaked.
The account is close to maturity and so we've received the options.
None are great TBH.
So what I wanted to ask those of you with historical knowledge of NBS is ' Is it worth moving a few pounds in their Easy Saver (2%) or their Triple Access (2.25%) in case they launch any amazing members only products? Is that something they do?
At that time it was pretty decent.
Over the last few months the fixed rate has lagged behind others so the monthly contribution has been tweaked.
The account is close to maturity and so we've received the options.
None are great TBH.
So what I wanted to ask those of you with historical knowledge of NBS is ' Is it worth moving a few pounds in their Easy Saver (2%) or their Triple Access (2.25%) in case they launch any amazing members only products? Is that something they do?
0
Comments
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These are pants rates, time to move on.
Regular Savers: https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1
Or many other savings accounts: https://moneyfacts.co.uk/savings-accounts/2 -
If you don't want to burn your bridges with Newcastle BS, just put £1 into one of their Easy Savers. I built my Newcastle BS bridge on February 1 2017 and haven't had reason to pick any of their products until a month ago, when they had a good fixed rate ISA and I needed one for a maturing ISA. Mind you, that ISA was open to everybody, so nearl 6 years on, my bridge is still unused1
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I can't recall NBS ever running members only accounts; similar to Band7 I ditched my former account with them (in 2021), then opened a decent fixed rate ISA which was open to all, and didn't require ID posting. In the OP's position, I'd close it.
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