Close Brothers Savings

SheepLady_2

MSE said yesterday they were offering 4.85% on a year bond.  Close Brothers website said 4.8%.  I looked on Trustpilot and something like 90% said dont use them!  I decided last night not to invest and thought and still think I've done the right thing because overnight, MSE has removed Close Brothers.  Close website now says 4.85%.  Trustpilot page to them has been removed and a new one put on with just 2 refs.     Does anyone have anything positive to say about them?

Ifts

I have used Close Brothers several times over the years for their fixed term bonds and never experienced any problems.

I would not hesitate to use Close Brothers again or recommend them to others.

Bigwheels1111

Why not go with Raisin and Isbank, 1,2,3,4,5 year deals at 5%.

TheBanker

The Close Brothers 1 year fix at 4.85% is available through Hargreaves Lansdown Active Savings for anyone who uses that service. HL also offer a 1 year fix at the same rate from Charter Savings Bank, with a minimum deposit of just £1. 

Chloe_G

I've just opened an account with Close Brothers... 

badger09

I too have used them several times over the years though not recently. Never had any problems. 

andyhicks88

Try finding more than a couple of financial insinuations that have good ratings on Trust Pliot!  Why anyone bothers is beyond me when you have genuine experiences of nearly every bank and company either a quick ask or search away on here or similar sites.

Old_Slaphead

Happy with CB. Currently have accounts with them  and have used for several years with no problems.

SheepLady_2

Glad I waited till after yesterday as rates have gone up again

Rollinghome

SheepLady_2 said:

MSE said yesterday they were offering 4.85% on a year bond.  Close Brothers website said 4.8%.  I looked on Trustpilot and something like 90% said dont use them!  I decided last night not to invest and thought and still think I've done the right thing because overnight, MSE has removed Close Brothers.  Close website now says 4.85%.  Trustpilot page to them has been removed and a new one put on with just 2 refs.     Does anyone have anything positive to say about them?

Seem to have at least two entries, one at https://uk.trustpilot.com/review/www.closebrothers.com and another at https://uk.trustpilot.com/review/www.closesavings.co.uk.

For the first entry, Close Brothers pay for "extra features" and get a score of 4 stars with 75% of five star reviews.  The second entry they don't pay for and get a score of 1.9 stars with just 4% of five star reviews and 91% of one star reviews.  

Some have described Trustnet as a modern-day protection racket. Make of it what you will.

Albermarle

Maybe of interest.
Close Brothers hit by hedge fund short-selling | This is Money