Intelligent Finance - Direct Access Savings rate cut

YorkshireBoy · 20 April 2006 at 10:56PM

Intelligent Finance have reduced the interest rate on their Direct Access Savings account from 4.50% AER/gross to 4.40% AER/gross wef 31st March 2006.

They say they have done this due to "recent competitor interest rate moves", and go on to reassure account holders that "you can be confident that you're still receiving a great rate on your savings"!

equitydealer · 21 April 2006 at 8:08AM

Not surprised as Intelligent Finance is owned by Halifax.

Not sure why it's called Intelligent Finance? Why should Halifax have an internet bank which pays less on its savings account than Halifax itself? Rather defeats the point of it all.

ffacoffipawb · 21 April 2006 at 9:57AM

equitydealer wrote:

Not surprised as Intelligent Finance is owned by Halifax.

Not sure why it's called Intelligent Finance? Why should Halifax have an internet bank which pays less on its savings account than Halifax itself? Rather defeats the point of it all.

It never used to be that way though.

Intelligent Finance - Direct Access Savings rate cut

Comments

Categories

Get our FREE Weekly email full of deals & guides - and it’s spam-free