Interest Rate Cut

Paul_Herring

Has anyone heard about any rate change on the Halifax Web saver account?

http://www.halifax.co.uk/savings/personalrates.shtml#websvar
5.4%(With card)/5.9% Gross/AER from 1st September

Edit: Of course with it being near September, I failed to notice the year mentioned - it's 2004

deemy2004

Paul_Herring wrote:

http://www.halifax.co.uk/savings/personalrates.shtml#websvar
5.4%(With card)/5.9% Gross/AER from 1st September

Edit: Of course with it being near September, I failed to notice the year mentioned - it's 2004

4.5% with card
4.9% without card.

[Deleted User]

Content of email received from cahoot this evening...

Thank you for contacting cahoot.
In response to your email I can confirm that all cahoot customers will be advised of any changes to the current interest rates by email and secure message between Wednesday 17th August and Saturday 27th August 2005.

Paul_Herring

deemy2004 wrote:

Originally Posted by Paul_Herring
http://www.halifax.co.uk/savings/pe...s.shtml#websvar
5.4%(With card)/5.9% Gross/AER from 1st September

Edit: Of course with it being near September, I failed to notice the year mentioned - it's 2004

4.5% with card
4.9% without card.

Thought that's what I said??

ManAtHome

Yeah, I think Deemy was showing current rates (interestingly 1% lower than last year..)

Paul_Herring

Doh - lack of caffeine moment, sorry Deemy

isasmurf

hansi wrote:

Interest rate cut to 4.5%.

Despite just about everybody expecting this rate cut, it wasn't as much a certainty as most people thought. The minutes released today, show the vote was 5-4 in favour of a rate cut. Most people thought they would be only 1 or 2 people voting against. Those that did vote against a rate cut included the BoE Governor and deputy Governor. This has surprised most Economists who were expecting this to be the start of a trend of rate cuts. Further rate cuts this year now appear unlikely.

[Deleted User]

Cahoot web site now clearly states that the first tier rates are now as follows

Non Introductory savings 4.85%
Introductory savings 5.30%

[Deleted User]

Has anyone heard anything about revised rates and dates from Halifax yet (esp. Web Saver)?

ffacoffipawb

Deleted_User wrote:

Has anyone heard anything about revised rates and dates from Halifax yet (esp. Web Saver)?

And ditto from their IF.COM offshoot?