northern rock paying 9.49% till March 1st !

shoi

If you had an account with them before all the fuss
Northern Rock are paying a 0.5% bonus on amoounts with them between Jan and March 1, which added to their 6.49% rate makes an amazing short term bonus, and of course it's 100% safe for any amount (unlike icici icebank etc)
small print http://www.northernrock.co.uk/savings/

ManAtHome

Well done the taxpayers then - were we asked..?

ps 6.49 + 0.5 isn't really 9.49...

bristolleedsfan

i nearly had a heart attack when i saw thread heading. :rotfl:

gonna be one of the most read posts. :rotfl:

The_Fiddler_2

bristolleedsfan wrote: »

i nearly had a heart attack when i saw thread heading. :rotfl:

gonna be one of the most read posts. :rotfl:

Yup, your right, the header brought me in too

Greycrow

I thought Santa had made a suprise return visit.

shoi

ManAtHome wrote: »

Well done the taxpayers then - were we asked..?

ps 6.49 + 0.5 isn't really 9.49...

Yes it is - it's 0.5% bonus for the 2 months of Jan and Feb, = 3% annual more or less, +6.49 = 9.49

Jonbvn

shoi wrote: »

Yes it is - it's 0.5% bonus for the 2 months of Jan and Feb, = 3% annual more or less, +6.49 = 9.49

Sorry, but it is 0.5% bonus. I.e. 6.49 + 0.5% = 6.99%.

Paul_Herring

shoi wrote: »

and of course it's 100% safe for any amount (unlike icici icebank etc)

(my emphasis) Erm - no it's not. It's as safe as ICICI, IceSave.

The unlimited guarantee only applies to funds that were with NR at the time, and this guarantee may be withdrawn with 6 months notice.

All other funds are subject to the #35,000 limit that applies to other banks.

derrick

Paul_Herring wrote: »

(my emphasis) Erm - no it's not. It's as safe as ICICI, IceSave.

The unlimited guarantee only applies to funds that were with NR at the time, and this guarantee may be withdrawn with 6 months notice.

All other funds are subject to the #35,000 limit that applies to other banks.

Not now;-

"Shares in Northern Rock soared by 21% today after the government threw the bank another lifeline by protecting all its current and future savings accounts indefinitely."

http://www.guardian.co.uk/business/2007/oct/09/politics.money

Aegis

derrick wrote: »

Not now;-

"Shares in Northern Rock soared by 21% today after the government threw the bank another lifeline by protecting all its current and future savings accounts indefinitely."

http://www.guardian.co.uk/business/2007/oct/09/politics.money

That was October. I believe they later revoked the additional protection for anyone joining after some time in December (anyone else remember more clearly?), as it simply wasn't either economical or necessary any more.

Mikeyorks

shoi wrote: »

Yes it is - it's 0.5% bonus for the 2 months of Jan and Feb, = 3% annual more or less, +6.49 = 9.49

Halifax have a 3 month fixed rate Web at 6.95%. A heading claiming, therefore 'Halifax pay 27.8%' (4x 6.95%) ...... would be wrong