Stay with A & L or Move To Cahoot !!

joe2cool

Thx for all advice.......disappointed 'cahoot' dropping interest rate to 4.85% ...only just opened the account.............

[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.

[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%

joe2cool

Cheers !! appreciated

joe2cool

Wish I'd simply stayed with Halifax's Web Saver at 4.90% now, after opening Cahoot that drops its interest rate ! 4.85%..still not quite sure if worth while staying with A&L until end of December with 5.00% ? or just move the lot to Halifax now which is where my current account is also ?

Thx

[Deleted User]

AFAIK Halifax Web Saver rate has not been revised yet. Downward change is probably still to come, so hold fire a bit longer IMO.

joe2cool

Cheers !!...........

joe2cool

Is it better for monthly interest or annually, guess nice to see each mth ?

[Deleted User]

joe2cool wrote:

Wish I'd simply stayed with Halifax's Web Saver at 4.90% now, after opening Cahoot that drops its interest rate ! 4.85%..still not quite sure if worth while staying with A&L until end of December with 5.00% ? or just move the lot to Halifax now which is where my current account is also ?

Thx

See post 42 & 43 of this thread .

Halifax rates reducing 1/9.

joe2cool

Cheers !! for that..................so Cahoot the best at moment with 4.85%

So if I move my savings from A&L A certain amount of interest will be added to it ??

thx