Rates cut to 0.5%

Original Poster

13,107 posts

214 months

Thursday 5th March 2009

Did I win?

Original Poster

13,107 posts

214 months

Thursday 5th March 2009

Will Lloyds TSB pass on the rate cut?

Original Poster

13,107 posts

214 months

Thursday 5th March 2009

Bing o said:

illmonkey said:

Mortgage down an other £70 a month. Whilst its not great news for everyone, its giving me a good chance to shove loads into savings.

Why aren't you paying down the Capital instead?

What will you do when interest rates are at 7 or 8%?

What return are you getting on your savings?

A lot of people would rather save at the moment if they fear their jobs are insecure.

Original Poster

13,107 posts

214 months

Thursday 5th March 2009

scotal said:

sniff diesel said:

Will Lloyds TSB pass on the rate cut?

Yes promised it in full on SVR.

a full £6 a month saved

Original Poster

13,107 posts

214 months

Thursday 5th March 2009

UncappedTag said:

Pointless for me as I'm already on Nationwides floor of 2.5%

Is that for "new customers only"?

So glad my big mean old bank has passed on the full cut, now paying 0.99%

Original Poster

13,107 posts

214 months