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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Britannia BS

Two years ago they were the best in the business now what is going on.

I went to see them 3 weeks ago when there tracker was BOE +.20% now its +1.20% its such a bad rate that I am forced the look else where HSBC comes to mind.

I am Currently on BOE +.05 & of course I am resigned to paying more but not that much. Britannia used to be so good I guess the extra money is being used to pay for there advertising.

Comments

  • bristolleedsfan
    bristolleedsfan Posts: 12,913 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    MR_G wrote: »
    Two years ago they were the best in the business now what is going on.

    I went to see them 3 weeks ago when there tracker was BOE +.20% now its +1.20% its such a bad rate that I am forced the look else where HSBC comes to mind.

    I am Currently on BOE +.05 & of course I am resigned to paying more but not that much. Britannia used to be so good I guess the extra money is being used to pay for there advertising.


    Brittannia arent able to get its funding as cheap as it used to despite paying dire rates to its savers. ;)

    It also wastes a lot of money administering its "points" scheme which is so good ( not) that none of the other 58 Building Societies copied. :rolleyes:
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Welcome to the credit crunch!
  • snarffie
    snarffie Posts: 480 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    MR_G wrote: »
    Two years ago they were the best in the business now what is going on.

    I went to see them 3 weeks ago when there tracker was BOE +.20% now its +1.20% its such a bad rate that I am forced the look else where HSBC comes to mind.

    I am Currently on BOE +.05 & of course I am resigned to paying more but not that much. Britannia used to be so good I guess the extra money is being used to pay for there advertising.

    Pedantic mode ON.

    Britannia didn't have a +0.2% above base rate three weeks ago. It was about 0.6% two MONTHS ago, and has been going north ever since.

    Try HSBC's tracker. It has a rate of +0.48%, no tie-ins, free valuation and free legals. It does cost £600 though.
  • Helga14
    Helga14 Posts: 1,003 Forumite
    Part of the Furniture Photogenic Combo Breaker I won, I won, I won!
    I know their rates have become very competitive. I got some more mortgage from them approved and rate fixed in Feb and if i got it now I would only be able to get a rate 1% higher than I got in Feb. Luckily I'm fixed now for another 3 years so won't worry about it for a while. Hope they go back for being reasonable. Got my £100 back for membership points this year and it is rather nice.
    Top wins in 2018: Trip to Iceland, helicopter ride over london, couples massage, £300 flight from Pringles, trip to Paris, cocktail making class and afternoon tea up the shard. .

    Top wins in 2017:holiday to the Bahamas, trip to Paris, meal with champagne, a week in a manor house in France with £500 spending money.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.9K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.5K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.