IceSave Reduce Rate to 6.05%

Aegis

wombat42 wrote: »

It is reported here that ICESAVE have kept their rates at 6.30%
http://www.thisismoney.co.uk/saving-and-banking/article.html?in_article_id=430093&in_page_id=7

I think you guys are making it up.

They're really not. I have check that page at 3 times today now, and the rates really are reducing to 6.05% AER. Try force refreshing (Ctrl + F5) the page to see if that does anything to help your viewing situation?

thumshie

wombat - it's on their homepage (http://www.icesave.co.uk/index.html bottom right)..

Also had an email, so it's not 'made up' (Though the link for me also takes me to the same page as you)

edit:

11 Feb 2008: With effect from 15 Feb our Easy Access Savings Account rate will be 6.05% AER – click here to read on

edit 2(email)

Dear xxxxxxx
Your Easy Access Savings Account interest rate
As you may be aware, the Bank of England reduced the Base Rate by 0.25% on 6 December 2007 and the interest rate on your Easy Access Savings Account remained unchanged at 6.30% AER*. However, following the further 0.25% reduction on 7 February 2008, the interest rate on your Easy Access Savings Account will be changing. With effect from 15 February 2008 the interest rate will be reduced by 0.25% to 6.05% AER†.
With Icesave you can rest assured you are benefiting from a consistently high interest rate on your Easy Access Savings Account with our guarantee that the AER will exceed the Base Rate by at least 0.25% until 1 October 2009 and thereafter to at least match it until 1 October 2011.
Hurry! Our current Fixed Rate Savings Account rates end soon
With many market commentators forecasting the Base Rate may continue to fall during 2008, why not take the opportunity to guarantee a fixed rate on your savings by opening an Icesave Fixed Rate Savings Account?
Our 1 Year Fixed Rate Savings Account, for example, currently pays a high fixed interest rate of 6.70% AER. These are the last few days that the current interest rates will be available so hurry before they are gone!
It only takes a minute to open a Fixed Rate Savings Account, simply log in and click on the link to open a new Fixed Rate Savings Account.
Yours sincerely

Mark Sismey-Durrant
Managing Director

thumshie

Hmm..IE and firefox show two different things in the bottom right of the home page(IE shows new rate, firefox doesn't)...very strange.....

Stompa

wombat42 wrote: »

It doeasnt say it for me, It says:

Have you tried clearing your cache?

Aegis

thumshie wrote: »

Hmm..IE and firefox show two different things in the bottom right of the home page(IE shows new rate, firefox doesn't)...very strange.....

My firefox shows exactly what I saw earlier in IE...

chesky369

Yup, looks like it 's real - oh well, I was half expecting it, they've been pretty good til now.

masonic

:rotfl:

Might I suggest Icesave have only very recently updated the page, and that some ISPs are still serving an old cached version.

It looks as though Icesave was initially set to hold at 6.3%, but that they've backpeddled on that decision sometime today and are now reducing the rate.

Edit: Screenshot

hra_2

I did find I was getting the old version of the page even after clearing cache and doing a forced refresh (both IE and Firefox) until I closed and restarted my connection, then after doing a further refresh, it updated.

knights

Wonder if ICICI will reduce their 6.41% ?

planemad

In all honesty I could not see ICESAVE doing this until ICICI slashed their rates.
I have not received notification yet and I cannot see it on the news page of their website.