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Charter Bank Sharp practice

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Comments

  • x44
    x44 Posts: 188
    100 Posts First Anniversary Name Dropper
    Forumite
    I'll just move it elsewhere as others have pointed out Charter's current fixed rate offers are not competitive at the moment.
    Though they are better than what Kent Reliance offered me at maturity for a 1 year fixed rate which was something like 3.55%!!
  • fuzzzzy
    fuzzzzy Posts: 458
    Sixth Anniversary 100 Posts Name Dropper
    Forumite
    edited 10 October 2025 at 1:49PM
    WOTSWOT said:
    https://www.chartersavingsbank.co.uk/AtAGlance

    I don't find any savings rates from charter attractive at the moment and there are no easy access products available at all. I am not sure whether this is a short term situation or a fundamental change in the way charter savings works.
    Sometimes these savings providers simply have no need to attract more money. Could be the demand for loans/finance, or whatever they use the savings money for , has gone a bit slow.
    Yes I seem to have accounts with a lot of different providers with a solitary £1 in them. Obviously they must have had market leading rates at some time in the past. I have a Charters fix maturing next month, looks like it will get relegated to a £1 account.
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