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  1. #1
    Contributor 1User
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    More Savings Rates Rises

    Three more of my Building Societies have contacted me informing me of a rates rise:

    Manchester Building Society have increased my Easy Save by 0.1%

    Newbury Building Society who have increased my Members Account by 0.15%

    Only Holmesdale Building Society - who should cease to exist after the end of September - have passed on the full 0.25% (mirroring the 0.25% change in the Bank Base rate.)

    1User

  2. #2
    Junior Member Happybagger is an unknown quantity at this point
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    Newbury squeezing a bit extra from their savers by delaying until 13 Sept. 6 weeks after the base rate change

  3. #3
    Expert planteria will become famous soon enough
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    it is a poor showing from the Building Societies. at the same time, straightforward Instant Access Savings Accounts are not really a good option anywhere in the current market.

  4. #4
    Junior Member Happybagger is an unknown quantity at this point
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    As santander's current account pays 1.5% (this is not set to rise after the recent rate change) I can't see much of a reason for any instant access account for the majority of people

  5. #5
    Expert planteria will become famous soon enough
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    no, nor can i. i have them, as a bagger, and also because i can take a loan each year which i need to repay in full and don't want to put the funds at risk.. but for most people an Instant Access Savings Account is pointless.


 

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