
We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The New Top Easy Access Savings Discussion Area
Options
Comments
-
What_time_is_it said:Zaul22 said:We might see some of the more harshly cut rates going back up again now. If they have priced in the next cut, which now isn't going to happen.
Inflation figures today were lower than expected I think, so if anything the chances of a cut in the next round have increased haven't they?
Only a few days ago I read an article which included: "Analysts at Deutsche Bank have predicted the Monetary Policy Committee will cut rates nine times within two years, one of the longest lowering cycles in recent history." Obviously this is all crystal ball stuff but more cuts do seem the most likely scenario going forward.0 -
Beehive Money limited edition easy access (nla I believe) drops to 4.95% on 28 August 2024
Source: email
3 -
Beehive Limited Issue Easy Access Account rate reduction. Down 0.25% to 4.95% from 28th August 2024. Source: eMail
2 -
-
RCI Bank Freedom Savings Account down to 4.60% AER from 4.75%. I've not been notified and my existing account still seems to be paying the old rate. I think they've got to give me 14 days notice.2
-
What_time_is_it said:Zaul22 said:We might see some of the more harshly cut rates going back up again now. If they have priced in the next cut, which now isn't going to happen.
Inflation figures today were lower than expected I think, so if anything the chances of a cut in the next round have increased haven't they?0 -
slinger2 said:RCI Bank Freedom Savings Account down to 4.60% AER from 4.75%. I've not been notified and my existing account still seems to be paying the old rate. I think they've got to give me 14 days notice.
- Yes. The interest rate is variable, and we can change the rate of interest on existing accounts by giving you at least 14 days’ notice, usually by email. We can change the rate for new account applications at any time.
1 -
What_time_is_it said:Zaul22 said:We might see some of the more harshly cut rates going back up again now. If they have priced in the next cut, which now isn't going to happen.
Inflation figures today were lower than expected I think, so if anything the chances of a cut in the next round have increased haven't they?
if inflation has gone up again then - that would definitely kill off any September rate cut imo3 -
What_time_is_it said:Zaul22 said:We might see some of the more harshly cut rates going back up again now. If they have priced in the next cut, which now isn't going to happen.
Inflation figures today were lower than expected I think, so if anything the chances of a cut in the next round have increased haven't they?4 -
Not great rates but may be of interest to those who have these accounts with the minimum balance from when they were once competitive:
Newbury BS Interest Rate Reductions From 12/9/24:
Welcome to Newbury from 4.25% to 4%
Existing Member Account from 4.35% to 4.1%4
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards