We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Birmingham Midshires ISA
paulboy83
Posts: 255 Forumite
I've been dithering about my isa now for a week or 3 and i'm starting to get some idea of where i'm going with it!
I've been looking at the Birmingham Midshires Direct ISA today and the guarantee is a bit strange
'Rate guaranteed to be at least 0.25% above the ING Direct Cash ISA standard AER until 01/01/2010'
The rate is pretty good at the moment but I was just wondering what BM are like when it comes to dropping rates. I don't want to put my money in and find they are a bit like Bradford and Bingley and drop rates at the first given chance and introduce a new account that has a better rate!
Anyone got any previous experience?
Cheers
I've been looking at the Birmingham Midshires Direct ISA today and the guarantee is a bit strange
'Rate guaranteed to be at least 0.25% above the ING Direct Cash ISA standard AER until 01/01/2010'
The rate is pretty good at the moment but I was just wondering what BM are like when it comes to dropping rates. I don't want to put my money in and find they are a bit like Bradford and Bingley and drop rates at the first given chance and introduce a new account that has a better rate!
Anyone got any previous experience?
Cheers
0
Comments
-
ING Cash ISA rate is 5.25% so BM can slash its ISA rate and fulfill what I believe is a rubbish rate guarantee.
Had it wanted to give a good rate guarantee it could easily have offered a 0.75%-1% above Base Rate guarantee.0 -
Brimingham Midshires 6.35% ISA has now been withdrawn.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards