Savings interest rate thread

Savings interest rate thread

Author
Discussion

budgie smuggler

5,379 posts

159 months

Friday 24th March 2023
quotequote all
GT4P said:
When I logged into my account it popped up before taking me to my account
Interesting, neither a popup nor an email here either and nothing on twitter, MSE etc. Maybe somebody put the message out early then pulled it.

981Boxess

11,276 posts

258 months

Friday 24th March 2023
quotequote all
GT4P said:
When I logged into my account it popped up before taking me to my account
"We're increasing the interest rate on your eSaver Limited Edition (Issue 1) to 3.25% AER / 3.20% gross (variable)."

bmwmike

6,947 posts

108 months

Friday 24th March 2023
quotequote all
Same

santander said:
We're increasing the interest rate on your eSaver Limited Edition (Issue 1) to 3.25% AER / 3.20% gross (variable).
You don't need to do anything. The interest rate increase will be automatically applied to your account within the next five working days. There are no other changes to how your account works.

981Boxess

11,276 posts

258 months

Friday 24th March 2023
quotequote all
981Boxess said:
Santander monthly now starting to look like the ugly sister at 2.72%
Do you think this upset them hehe

anonymous-user

54 months

Friday 24th March 2023
quotequote all
You only get the message if you login via the website, not the App.

"Some good news
We're increasing the interest rate on your eSaver Limited Edition (Issue 1) to 3.25% AER / 3.20% gross (variable).
You don't need to do anything. The interest rate increase will be automatically applied to your account within the next five working days. There are no other changes to how your account works.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay where no income tax has been deducted. Rates may change and we pay interest each month."

budgie smuggler

5,379 posts

159 months

Friday 24th March 2023
quotequote all
Joey Deacon said:
You only get the message if you login via the website, not the App.
ah yeah, that's it, thanks

Fonzey

2,060 posts

127 months

Friday 24th March 2023
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FFS just moved everything out hehe

paulw123

3,213 posts

190 months

Friday 24th March 2023
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Here we go again! Back to Santander!

Mogul

2,932 posts

223 months

Friday 24th March 2023
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Atom 3.20% AER Instant Saver

Nice app, easy set up.

Or 3.75% AER if you fix for 6 months… etc


anonymous-user

54 months

Friday 24th March 2023
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paulw123 said:
Here we go again! Back to Santander!
Luckily I was too lazy to move it after the recent announcement from Marcus that they were increasing their interest to 3:00%!

bmwmike

6,947 posts

108 months

Friday 24th March 2023
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Sweet move by Santander though. Happy with that. Hope vanguard follow suit.

GT4P

5,201 posts

185 months

Friday 24th March 2023
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So that’s 3 instant saver accounts we now have at 3.25%
YBS, Coventry and now Santander. We do not close any because you never know which is going to raise rates further if at all

darreni

3,788 posts

270 months

Friday 24th March 2023
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Thanks for the heads up.

hyperblue

2,800 posts

180 months

Friday 24th March 2023
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Yep thanks, wouldn’t have noticed this as don’t get the message on the app, only when logging in to the website which I never use.

brickwall

5,250 posts

210 months

Friday 24th March 2023
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The money-moving merry-go-round begins again!

darreni

3,788 posts

270 months

Friday 24th March 2023
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It is now showing on the app. It was on mine an hour or so ago.

MrBen986

510 posts

118 months

Friday 24th March 2023
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Just had an email from Santander to confirm new rate.

I emptied it two days ago as thought they were never going to move the rate up!!

a311

Original Poster:

5,803 posts

177 months

Friday 24th March 2023
quotequote all
Santander have a reasonable selection of ISA's at the minute although the better rates are fixed term.

I've not had to look at ISA's for years with the combo of low interest rates and the personal savings allowance. The decent rates at present are making cash ISA's relevant again for me at least......

Chainedtomato

706 posts

105 months

Friday 24th March 2023
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I opened a Coventry account yesterday ready to move everything out of Santander on the weekend, well that’s one less job to do now

johnnyBv8

2,417 posts

191 months

Friday 24th March 2023
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hyperblue said:
Yep thanks, wouldn’t have noticed this as don’t get the message on the app, only when logging in to the website which I never use.
I’ve just had an email confirming the same