Get back at em...

Middle_of_the_Road

Nebulous2 said:

Santander were complaining in their recent results about the difficulty in attracting money. 

....even with the efforts of the peoples favourite comedy duo?  I am surprised 

t1redmonkey

Best thing to do is something most of us here are probably already doing anyway; not having your money in accounts that pay terrible rates.  But it's really just preaching to the choir saying this on here.  It's a lot of other less financially savvy people that don't pay attention to their savings who just end up keeping their money in the same account for years on end regardless of what rate it pays.  Unfortunately a lot of people with 'high street banks' fall into this category, hence why the bigger names tend to get away with having rubbish rates.

jimjames

Thumbs_Up said:

The impression I’m getting is banks want more of our money hence the increase in fixed savings rates. 

Except fixed savings rates have been dropping or maybe you've missed that flaw in your plan...

Nebulous2

Middle_of_the_Road said:

Nebulous2 said:

Santander were complaining in their recent results about the difficulty in attracting money. 

....even with the efforts of the peoples favourite comedy duo?  I am surprised 

Evidently something has passed me by. There may be an advantage in not having / watching TV.

Although my wife insists we have a licence, in case she wants to watch iplayer..... 

dealyboy

@t1redmonkey said:

Best thing to do is something most of us here are probably already doing anyway; not having your money in accounts that pay terrible rates.  But it's really just preaching to the choir saying this on here.  It's a lot of other less financially savvy people that don't pay attention to their savings who just end up keeping their money in the same account for years on end regardless of what rate it pays.  Unfortunately a lot of people with 'high street banks' fall into this category, hence why the bigger names tend to get away with having rubbish rates.

I think that what you say is true that for a lot of people (most?) their accounts receive next to nothing, but I think it's more to do with their priorities rather than lack of financial acuity.

Security, convenience, familiarity, service, friendliness ... if I were wealthy or didn't need to see bank accounts as a means to that end ... these would be my reasons.

eskbanker

Nebulous2 said:

Middle_of_the_Road said:

Nebulous2 said:

Santander were complaining in their recent results about the difficulty in attracting money. 

....even with the efforts of the peoples favourite comedy duo?  I am surprised 

Evidently something has passed me by. There may be an advantage in not having / watching TV.

There certainly is if you miss their embarrassingly cringeworthy adverts!

mebu60

Nebulous2 said:

Middle_of_the_Road said:

Nebulous2 said:

Santander were complaining in their recent results about the difficulty in attracting money. 

....even with the efforts of the peoples favourite comedy duo?  I am surprised 

Evidently something has passed me by. There may be an advantage in not having / watching TV.

Although my wife insists we have a licence, in case she wants to watch iplayer..... 

You will be safe from them on BBC, their shows and adverts are on the other channel. What's that, there's more than two channels these days??!! 

Middle_of_the_Road

eskbanker said:

Nebulous2 said:

Middle_of_the_Road said:

Nebulous2 said:

Santander were complaining in their recent results about the difficulty in attracting money. 

....even with the efforts of the peoples favourite comedy duo?  I am surprised 

Evidently something has passed me by. There may be an advantage in not having / watching TV.

There certainly is if you miss their embarrassingly cringeworthy adverts!

Yes, these episodes actually make me feel like switching/closing my accounts. In fact, I will when the limited e-saver matures.

dealyboy

Middle_of_the_Road said:

eskbanker said:

Nebulous2 said:

Middle_of_the_Road said:

Nebulous2 said:

Santander were complaining in their recent results about the difficulty in attracting money. 

....even with the efforts of the peoples favourite comedy duo?  I am surprised 

Evidently something has passed me by. There may be an advantage in not having / watching TV.

There certainly is if you miss their embarrassingly cringeworthy adverts!

Yes, these episodes actually make me feel like switching/closing my accounts. In fact, I will when the limited e-saver matures.

... what you mean grows-up, like Ant and Dec?

Thumbs_Up

jimjames said:

Thumbs_Up said:

The impression I’m getting is banks want more of our money hence the increase in fixed savings rates. 

Except fixed savings rates have been dropping or maybe you've missed that flaw in your plan...

You might make some savers despondent with that falsehood comment, don’t know why you got a Thumbs_Up....

A screengrab from 2 months ago....

A screengrab today..

Almost matching / beating the peak rates November 2022.