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Post by bracknellboy on Oct 22, 2021 7:02:01 GMT
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Post by overthehill on Oct 22, 2021 8:30:24 GMT
Government offerings are not allowed to be competitive, no ? What do premium bonds achieve today ? What does the government do with the money apart from invest in a safe gilt to earn just enough to pay prizes and people's salaries. Premium bonds at 3% prize money anyone ? I don't understand how bonds like these are filled apart from by institutions who are ethically obliged or see it as good for long term business.
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Post by overthehill on Nov 2, 2021 16:58:51 GMT
Top rates - 10nov2021. Interest rates expected to go up this week, keep your powder dry.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| zopa 1.35% | charter savings 1.27% | al rayan 1.45% | | 2 year
| smartsave 1.6% | zenith 1.57% | al rayan 1.76% | | 3 year
| JN 1.81% | zenith 1.78%
| | | 5 year
| JN 2.00% | | gatehouse 2.05%
| QIB UK 2.0% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, inadvertently exceeding your 85k FSCS protection
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Post by overthehill on Nov 11, 2021 18:20:51 GMT
Top rates - 24nov2021. Next interest rate meeting 16dec.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| investec 1.36% | charter savings 1.27% | | | 2 year
| zopa 1.61% | zenith 1.57% | | | 3 year
| smartsave 1.83% | ubl uk 1.82%
| | | 5 year
| secure trust 2.05% | ubl uk 2.05% |
| |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, inadvertently exceeding your 85k FSCS protection
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Post by overthehill on Nov 30, 2021 22:33:53 GMT
Top rates - 30nov2021. Next CPIH release 15dec (last month 3.8%). Next BoE interest rate meeting 16dec.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| zopa 1.37% | charter savings 1.27% | | | 2 year
| united trust 1.63% | zenith 1.57%
| | | 3 year
| united trust 1.87% | ubl uk 1.82%
| | | 5 year
| united trust 2.06% | ubl uk 2.05% |
| |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, inadvertently exceeding your 85k FSCS protection
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Post by overthehill on Dec 9, 2021 18:55:20 GMT
Top rates - 13dec2021.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| masthaven 1.39% | charter savings 1.33% | gatehouse 1.41%
| | 2 year
| smartsave 1.64% | zenith 1.57%
| | | 3 year
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| UBL UK 1.82%
| | QIB UK 1.85% | 5 year
| hodge 2.08% | UBL UK 2.05% |
| QIB UK 2.1% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, inadvertently exceeding your 85k FSCS protection
15dec - CPIH 4.6%, CPI=5.1%, next one 19jan.
16dec - BoE interest rate 0.25%, next one 3Feb.
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Post by overthehill on Dec 21, 2021 17:26:52 GMT
Top rates - 21dec2021.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| zopa 1.37% | zenith 1.34% | gatehouse 1.41%
| | 2 year
| zopa 1.61% | zenith 1.57%
| | | 3 year
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| zenith 1.85%
| |
| 5 year
| secure trust 2.1% | UBL UK 2.05% |
| QIB UK 2.1% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, inadvertently exceeding your 85k FSCS protection
15dec - CPIH 4.6%, CPI=5.1%, next 19jan.
16dec - BoE interest rate 0.25%, next 3Feb.
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Post by overthehill on Dec 30, 2021 17:46:21 GMT
Top rates - 30dec2021.
15dec - CPIH 4.6%, CPI=5.1%, next release 19jan.
16dec - BoE interest rate 0.25%, next release 3Feb.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| investec 1.36% | zenith 1.34% | gatehouse 1.41%
| | 2 year
| paragon 1.60% | zenith 1.57%
| | | 3 year
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| zenith 1.85%
| |
| 5 year
| secure trust 2.1% | UBL UK 2.05% |
| QIB UK 2.1% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, inadvertently exceeding your 85k FSCS protection
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Post by overthehill on Jan 11, 2022 20:44:44 GMT
Top rates - 11jan2022.
15dec - CPIH 4.6%, CPI=5.1%, next release 19jan.
16dec - BoE interest rate 0.25%, next release 3Feb.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| investec 1.36% | investec 1.33% | gatehouse 1.41%
| | 2 year
| zopa 1.56%
| zenith 1.57%
| | QIB UK 1.6% | 3 year
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| zenith 1.85%
| |
| 5 year
| secure trust 2.1% | UBL UK 2.05% |
| QIB UK 2.1% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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Post by df on Jan 11, 2022 21:51:37 GMT
Top rates - 11jan2022.
15dec - CPIH 4.6%, CPI=5.1%, next release 19jan.
16dec - BoE interest rate 0.25%, next release 3Feb.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| investec 1.36% | investec 1.33% | gatehouse 1.41%
| | 2 year
| zopa 1.56%
| zenith 1.57%
| | QIB UK 1.6% | 3 year
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| zenith 1.85%
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| 5 year
| secure trust 2.1% | UBL UK 2.05% |
| QIB UK 2.1% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
Looks like FSCS Fixed market is not yet reflecting on the recent BoE rate increase. The same for the rest of FSCS products. Not all though, got email from Tesco today, they've increased interest rate on their instant access accounts by 0.15% which made it to 0.25% - not an attractive offer in the current instant access market.
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zlb
Member of DD Central
Posts: 1,412
Likes: 331
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Post by zlb on Jan 13, 2022 19:37:01 GMT
Top rates - 11jan2022.
15dec - CPIH 4.6%, CPI=5.1%, next release 19jan.
16dec - BoE interest rate 0.25%, next release 3Feb.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| investec 1.36% | investec 1.33% | gatehouse 1.41%
| | 2 year
| zopa 1.56%
| zenith 1.57%
| | QIB UK 1.6% | 3 year
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| zenith 1.85%
| |
| 5 year
| secure trust 2.1% | UBL UK 2.05% |
| QIB UK 2.1% |
* Raisin - £50 bonus if new to Raisin and > 10k deposit
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
Shame that Zopa will prob try to get their special offer out (to exiting lenders in p2p) before the BoE change on 3rd.
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Post by overthehill on Jan 19, 2022 22:18:28 GMT
Top rates - 26jan2022.
19Jan - CPIH 4.8%, CPI=5.4%, next release 16Feb.
16dec - BoE interest rate 0.25%, next release 3Feb.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| Union Bank of India 1.4%
| zenith 1.3% |
| | 2 year
| charter savings 1.62%
| zenith 1.57%
| | QIB UK 1.6% | 3 year
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| zenith 1.85%
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| 5 year
| JN 2.12% | UBL UK 2.05% |
| QIB UK 2.1% |
* If new to Raisin - £25 cashback for >5k. £25 cashback + £50 bonus for >10k
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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Post by overthehill on Feb 1, 2022 10:19:35 GMT
Important announcement about Masthaven Bank
We’re getting in touch to let you know about an important announcement, but don’t worry, you don’t need to take any action.
Following a comprehensive strategic review of the business, Masthaven Bank has taken the decision to withdraw from the UK banking market over the next two years. During that time we will reduce and ultimately sell our loan books and return deposits to our savings customers.
Masthaven is well funded and has sufficient capital and liquidity to repay savings customers in an orderly fashion by the end of 2023.
Masthaven is working closely with the UK banking regulators, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Both organisations are aware of the bank’s plans and the measures it has put in place to ensure that the interests of customers, employees, intermediaries, suppliers and other stakeholders are considered and protected during the two-year process.
What does this mean for me?
You don’t need to take any action. Your savings are safe, and your account and access to eBanking will continue to operate as normal.
Throughout this process your savings will continue to be protected by the Financial Services Compensation Scheme.
We remain committed to all our customers and delivering the best service during this time. You can contact our teams in the normal way but following this announcement our phone lines may be busier than normal.
Next steps
We’ll write to you again by 30th June 2022 to give you a further update and explain what this will mean for you in more detail.
In the meantime, we’ve put together some FAQs that should help answer any questions you have.
We’ll continue to keep you updated and would like to take this opportunity to thank you for continuing to bank with us.
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agent69
Member of DD Central
Posts: 5,587
Likes: 4,182
Member is Online
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Post by agent69 on Feb 1, 2022 11:20:47 GMT
What does this mean for me? You don’t need to take any action. Your savings are safe, and your account and access to eBanking will continue to operate as normal. Throughout this process your savings will continue to be protected by the Financial Services Compensation Scheme. That's what my insurance renewall letters use to say when they were increasing premiums by 50%
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Post by overthehill on Feb 3, 2022 22:12:45 GMT
Top rates - 12feb2022.
19Jan - CPIH 4.8%, CPI=5.4%, next release 16Feb.
3Feb - BoE interest rate 0.5%, next release 17Mar.
FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| tandem 1.45%
| brown shipley 1.30% |
| | 2 year
| smartsave 1.66%
| ahli united 1.55%
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| QIB UK 1.6% | 3 year
| tandem 1.85%
| UBL UK 1.85%
| al rayan 1.86%
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| 5 year
| monument 2.2% | UBL UK 2.1% |
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* If new to Raisin - £50 bonus for >10k
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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