ashtondav
Member of DD Central
Posts: 1,805 
Likes: 1,087
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Post by ashtondav on Jun 3, 2020 7:09:01 GMT
Why is my projected return still stated as 6% in the May statement?
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Post by shanghaiscouse on Jun 3, 2020 10:40:08 GMT
On my statement, my account seems to have changed name from "access" to "everday". As access has frozen up this is understandable, but still a surprise. maybe I missed the email. They show the interest at 3% whatever rather than the reduced rate, which is also ridiculous, what bank would show you the rate they would like to give you if things in the outside economy improve? we need to be shown the actual rate we are getting.
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Post by gricehead on Jun 3, 2020 11:09:34 GMT
Why is my projected return still stated as 6% in the May statement? Mine is stated as 4.9%*, with the Covid-19 temporary reduction explained against * in a footnote.
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Post by gricehead on Jun 3, 2020 11:10:26 GMT
On my statement, my account seems to have changed name from "access" to "everday". As access has frozen up this is understandable, but still a surprise. maybe I missed the email. They show the interest at 3% whatever rather than the reduced rate, which is also ridiculous, what bank would show you the rate they would like to give you if things in the outside economy improve? we need to be shown the actual rate we are getting. Accounts have been called everyday since the ISA was introduced. The market within the account is called access.
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Post by shanghaiscouse on Jun 4, 2020 20:09:05 GMT
I managed to be in RS for two years and out again without understanding any of this. I just saw the word "Access" and took it to mean what it said....
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