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Bradford a bingley internet saver 6.51%

dear people from wednesday bradford and bingley launches this account, and this replaces issue 2.its on moneyfacts now.
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Comments

  • skoolmaster
    skoolmaster Posts: 127 Forumite
    Bradford & Bingley
    INTERNET SAVER Issue 3 launched paying an increased w.e.f. 18.6.08: a no notice internet operated account with a minimum investment of £1 paying 6.51% yearly (6.32% monthly).
    Underlying rate guaranteed to at least equal Base Rate to 1.1.10. Transactions via nominated account. Initial deposit by cheque or transfer from nominated account.
    16 Jun 2008

    Moneyfacts
    Skoolmaster

    Noblesse Oblige
    shedful of passbooks and bonds
  • Dean101
    Dean101 Posts: 44 Forumite
    Combo Breaker First Anniversary
    Here we go again :D
  • niro_111
    niro_111 Posts: 47 Forumite
    First Anniversary Combo Breaker First Post
    hi all
    why dont they just up the interest rate on Internet Saver (Issue 2) that would save every body changing to the new one,
  • bristolleedsfan
    bristolleedsfan Posts: 12,249 Forumite
    10,000 Posts Photogenic First Anniversary Name Dropper
    niro_111 wrote: »
    hi all
    why dont they just up the interest rate on Internet Saver (Issue 2) that would save every body changing to the new one,


    Because they hope that not "everyone" will transfer to the "new one". ;)
  • Baldur
    Baldur Posts: 6,565 Forumite
    Because they hope that not "everyone" will transfer to the "new one". ;)
    Probably the majority of savers won't even notice it, as most banks/building societies hope.
  • SilverScooby
    SilverScooby Posts: 197 Forumite
    Intructions for the Bodgit & Broke internet dance here, which I found handy last time:

    http://forums.moneysavingexpert.com/showthread.html?t=680601
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Combo Breaker First Anniversary
    Couldn't be arrissed - moved out of B&B instant stuff a while back, they seem to bring out a new account with improved rates/old account with dropped rates every few weeks (and if you don't do the "Bodgit shuffle" has to go out to your bank then back in).

    Investec (and Saga if you're an old git) do "top 5" accounts where they pay the average of the top 5 payers (surprise!). Also the Coventry had (and maybe still have) decent instant accounts, again mainly for oldies.
  • gekktel
    gekktel Posts: 123 Forumite
    Bradford & Bingley
    INTERNET SAVER Issue 3 launched paying an increased w.e.f. 18.6.08: a no notice internet operated account with a minimum investment of £1 paying 6.51% yearly (6.32% monthly).
    Underlying rate guaranteed to at least equal Base Rate to 1.1.10. Transactions via nominated account. Initial deposit by cheque or transfer from nominated account.
    16 Jun 2008

    Moneyfacts

    Ive been looking for this on the B&B website and I cant find it - can someone provide a link
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    INTERNET SAVER Issue 3 launched paying an increased w.e.f. 18.6.08
    gekktel wrote:
    Ive been looking for this on the B&B website and I cant find it
    That'll be because it isn't available yet.
    Dagobert
  • gekktel
    gekktel Posts: 123 Forumite
    Okay, its now 18 June and I cant find this Internet Saver 3 account on the B&B website. Is anyone able to help?
This discussion has been closed.
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