The magical, mystical, 5% barrier....

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Could be broken next week.....again. Al Rayan 4.95% 1 year fix.

eskbanker

https://forums.moneysavingexpert.com/discussion/6445001/5-barrier-breached got there first!

subjecttocontract

It's already been broken by ISbank....looks like you missed it.

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Your both missing train of thought here

Millyonare

UK is at (or near) the top of the retail-savings-rate cycle right now. Dyor etc.

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Sit on your hands and wait for 5.5%..Coming next week. Have a good weekend all.

VNX

Thumbs_Up said:

Sit on your hands and wait for 5.5%..Coming next week. Have a good weekend all.

6% the week after?

andyhicks88

That rate is not correct for the Allica 2yr Account.  It's 4.91%

janusdesign

andyhicks88 said:

That rate is not correct for the Allica 2yr Account.  It's 4.91%

their 18-month rate is also 5.00% though.

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VNX said:

6% the week after?

Admittedly my percentile increase was a bit on the high side, but it seems even the Government or the BOE don’t know which way the wind blows. Not so long ago they were telling us inflation would tumble to it’s preferred level, now they are saying it’s sticking around for some time yet.  

oz0707

Hasn't 5% been breached already for basic rate taxpayers with ISA rates?