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Kent Reliance Direct variable Rate Mini Cash Isa rate drop

Zebbylu
Zebbylu Posts: 8 Forumite
in ISAs & tax-free savings
The rate on this account has dropped as of 1st March

from their website...
A simple, statement based savings account

"earn 5.76 %"
With effect from 1 March 2008

Comments

  • Joey122
    Joey122 Posts: 459 Forumite
    Part of the Furniture Combo Breaker
    This really sucks big time

    I ve been them for 2 years now and probably will leave - Has anyone else left?
  • Joey122
    Joey122 Posts: 459 Forumite
    Part of the Furniture Combo Breaker
    How do their rates compare with others?

    I have already got 35K with icesave so dont want to add to that and Barclays / Lloyds is 6.5 % but requires a further move in 1 years time.

    On a 24 K ISA what would a 0.75% difference in interest be? (ie Lloyds 6.5 - krbs 5.76)?

    Any ideas?
  • bristolleedsfan
    bristolleedsfan Posts: 12,949 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Joey122 wrote: »
    On a 24 K ISA what would a 0.75% difference in interest be? (ie Lloyds 6.5 - krbs 5.76)?

    Any ideas?


    177.60 difference over a 12 Month period assuming that KRBS variable rate doesnt fall further during that time. ;)

    ( 0.74% difference atm)
  • Joey122
    Joey122 Posts: 459 Forumite
    Part of the Furniture Combo Breaker
    Nice one - Definitely moving in that case -

    I ve killed myself to save up this cash
This discussion has been closed.
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