dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,055
Likes: 616
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Post by dave4 on Sept 15, 2020 18:13:43 GMT
Taking NS&i as the previous best instant access.
Just been bettered.
Skipton BS 1.2% incl fixed 0.5% bonus for 12mths ✔️ (1) £1/£1m Online £85,000
NS&I
Income Bonds 1.16% (2) ✔️
(min £500) £500/£1m (3) Online Backed by HM Treasury
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
Posts: 1,055
Likes: 616
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Post by dave4 on Sept 15, 2020 18:40:14 GMT
Kinda hoping this may be the start of interest climbing up.  |
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Nomad
Member of DD Central
Posts: 755 
Likes: 513
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Post by Nomad on Sept 21, 2020 9:35:54 GMT
MSE: "NS&I is slashing variable and some fixed savings rates from 24 November 2020. The rate on its Income Bonds will plummet from 1.16% to just 0.01% AER, and its Direct Saver account will drop from 1% to just 0.15% AER. The rate on its Investment Account will also drop from 0.80% to 0.01% AER."
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,806
Likes: 3,237
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Post by jonno on Sept 21, 2020 9:48:15 GMT
MSE: "NS&I is slashing variable and some fixed savings rates from 24 November 2020. The rate on its Income Bonds will plummet from 1.16% to just 0.01% AER, and its Direct Saver account will drop from 1% to just 0.15% AER. The rate on its Investment Account will also drop from 0.80% to 0.01% AER." Jeez!! Suddenly Skipton sounds enticing 
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aju
Member of DD Central
Posts: 3,500
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Post by aju on Sept 21, 2020 11:52:56 GMT
MSE: "NS&I is slashing variable and some fixed savings rates from 24 November 2020. The rate on its Income Bonds will plummet from 1.16% to just 0.01% AER, and its Direct Saver account will drop from 1% to just 0.15% AER. The rate on its Investment Account will also drop from 0.80% to 0.01% AER." Jeez!! Suddenly Skipton sounds enticing Didn't they pull that last week? We will hold income bonds until they drop then probably transfer back to Mrs Aju's Marcus currently @ 1.05%, but i'm guessing it will drop before we get there. We'll soon be paying the banks to hold our hard earned money!.
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Greenwood2
Member of DD Central
Posts: 4,376
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Post by Greenwood2 on Sept 21, 2020 11:59:09 GMT
Jeez!! Suddenly Skipton sounds enticing We will hold income bonds until they drop then probably transfer back to Mrs Aju's Marcus currently @ 1.05%, but i'm guessing it will drop before we get there. We'll soon be paying the banks to hold our hard earned money!. Zopa fixed rate looks comparatively quite good now too, 1.21% for one year (has that gone up!) 1.3% for two years.
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puddleduck
Member of DD Central
Posts: 537
Likes: 489
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Post by puddleduck on Sept 21, 2020 12:02:56 GMT
We will hold income bonds until they drop then probably transfer back to Mrs Aju's Marcus currently @ 1.05%, but i'm guessing it will drop before we get there. We'll soon be paying the banks to hold our hard earned money!. Zopa fixed rate looks comparatively quite good now too, 1.21% for one year (has that gone up!) 1.3% for two years. Paragon Bank are doing 1.3% for 1 year, fixed
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macq
Member of DD Central
Posts: 1,934
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Post by macq on Sept 21, 2020 14:01:04 GMT
Kinda hoping this may be the start of interest climbing up. well you almost used the right emoji 
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archie
Posts: 1,865
Likes: 1,860
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Post by archie on Sept 21, 2020 16:48:37 GMT
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dead-money
Rocket to the Moon
Posts: 746
Likes: 654
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Post by dead-money on Sept 21, 2020 17:27:51 GMT
MSE: "NS&I is slashing variable and some fixed savings rates from 24 November 2020. The rate on its Income Bonds will plummet from 1.16% to just 0.01% AER, and its Direct Saver account will drop from 1% to just 0.15% AER. The rate on its Investment Account will also drop from 0.80% to 0.01% AER." Pretty predictable 'bait and switch' approach.
Shorten the odds on negative BoE base rate by February 2021.
Premium Bonds with their tax-free prizes look pretty good compared to 1% or less pre-tax.
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puddleduck
Member of DD Central
Posts: 537
Likes: 489
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Post by puddleduck on Sept 22, 2020 18:22:29 GMT
NatWest have launched a new 3% Regular Saver.
Sadly you can only save up to £50 per month.
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Post by dan1 on Sept 22, 2020 19:29:26 GMT
NatWest have launched a new 3% Regular Saver. Sadly you can only save up to £50 per month. Applies to their other brand RBS too. Equates to less than a tenner in interest - think I'll give them a miss!
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Post by overthehill on Aug 30, 2021 7:53:27 GMT
Let the battle commence.
Talk of the US govt tapering the amount of money it is still pumping into the economy every month but not of interest rate rises.
UK institutions seem to think otherwise but it could get tedious as they try to out do each other and hit the no.1 spot in increments of 0.01%.
tandem 1 year fixed rate = 1.41.
tandem 2 year fixed rate = 1.67. tandem 3 year fixed rate = 1.76.
zopa 5 year fixed rate = 1.81.
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Post by overthehill on Sept 1, 2021 17:30:52 GMT
df capital 1 year fixed rate 1.45% zopa/tandem 2 year fixed rate 1.67% tandem 3 year fixed rate 1.76% zopa 5 year fixed rate 1.8% |
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Post by overthehill on Sept 3, 2021 12:39:45 GMT
df capital 1 year fixed rate 1.45% zopa/tandem 2 year fixed rate 1.67% tandem 3 year fixed rate 1.76% zopa 5 year fixed rate 1.8% It's like the wacky races at the moment.
1 year fixed rate atom bank 1.5%
2 year fixed rate atom bank 1.75% al rayan (sharia) 1.76%
3 year fixed rate atom bank 1.75% al rayan (sharia) 1.81%
5 year fixed rate atom bank 1.86%
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