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  • FIRST POST
    • MSE Callum
    • By MSE Callum 6th Jul 18, 12:21 PM
    • 328Posts
    • 121Thanks
    MSE Callum
    MSE News: Signs of a savings mini-revival as two top rates launch
    • #1
    • 6th Jul 18, 12:21 PM
    MSE News: Signs of a savings mini-revival as two top rates launch 6th Jul 18 at 12:21 PM
    Two savings accounts have boosted their interest rates today to beat the previous market-leader, as the savings revival finally shows some signs of hotting up...
    Read the full story:
    'Signs of a savings mini-revival as two top rates launch'

    Click reply below to discuss. If you havenít already, join the forum to reply.
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Page 1
    • aj23
    • By aj23 6th Jul 18, 2:33 PM
    • 713 Posts
    • 243 Thanks
    aj23
    • #2
    • 6th Jul 18, 2:33 PM
    • #2
    • 6th Jul 18, 2:33 PM
    I wouldn't call these two beating the amazing top line rate of 1.33% by 0.1% and 0.2% as a revival.
    • bristolleedsfan
    • By bristolleedsfan 6th Jul 18, 2:36 PM
    • 7,531 Posts
    • 9,642 Thanks
    bristolleedsfan
    • #3
    • 6th Jul 18, 2:36 PM
    • #3
    • 6th Jul 18, 2:36 PM
    During this Heatwave maybe just the cold comfort existing Coventry B.S savers who have seen rate cuts a few days ago despite no apparent Base Rate change needed.



    https://www.coventrybuildingsociety.co.uk/consumer/help/savings/changes-to-rates/changes-to-rates-accounts.html
    • binaryuniverse
    • By binaryuniverse 6th Jul 18, 2:42 PM
    • 763 Posts
    • 479 Thanks
    binaryuniverse
    • #4
    • 6th Jul 18, 2:42 PM
    • #4
    • 6th Jul 18, 2:42 PM
    0.01% = hotting up.

    I'd be spinning this as 'more dismal savings accounts open'.
    • jamei305
    • By jamei305 6th Jul 18, 2:59 PM
    • 357 Posts
    • 421 Thanks
    jamei305
    • #5
    • 6th Jul 18, 2:59 PM
    • #5
    • 6th Jul 18, 2:59 PM
    It's getting silly - which bank will be first to go to three decimal places?
    • karlie88
    • By karlie88 6th Jul 18, 3:10 PM
    • 8,477 Posts
    • 106,328 Thanks
    karlie88
    • #6
    • 6th Jul 18, 3:10 PM
    • #6
    • 6th Jul 18, 3:10 PM
    I wouldn't call these two beating the amazing top line rate of 1.33% by 0.1% and 0.2% as a revival.
    Originally posted by aj23
    0.01% and 0.02%.

    May explain why interest rates are not your forte.
    Official MSE canny forumite and HUKD VIP badge member
    • Paul_DNAP
    • By Paul_DNAP 6th Jul 18, 3:18 PM
    • 256 Posts
    • 324 Thanks
    Paul_DNAP
    • #7
    • 6th Jul 18, 3:18 PM
    • #7
    • 6th Jul 18, 3:18 PM
    I think it's more the point that the previous top rate instant access is no longer a complete outlier, and there are many more matching or slightly beating their rate, which indicates that there may be a little bit of competition brewing in the instant access cash savings market. Interesting.
    (Although I could be wrong, I often am.)
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