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Bank of England Rate Cut

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Grafter
Posts: 1,867
Registered: ‎23-10-2008

Re: Bank of England Rate Cut

I would be tempted by the rate, but I'm put off that they can lower the rate if they choose to, and yet you cannot get out of the deal without forgoing any interest.
With that kind of agreement, NS&I seems like a sensible enough option, at least then you know its a gamble!
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Registered: ‎11-01-2008

Re: Bank of England Rate Cut

Quote from: chillypenguin
This is what I was intending to link to; Halifax Children Regular Saver 10% Gross for £10 to £100 per month.
Sorry Pierre, shutter you're an little to old.

Thanks Chilly, I'll have a look at that. We have got a fixed term bond for them at the moment at 6.5% but also do monthly saving so might well switch to that.
Might open the other one too....
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Community Veteran
Posts: 19,274
Thanks: 430
Registered: ‎12-08-2007

Re: Bank of England Rate Cut

Here's a great offer from the Bank of Scotland.  Take a look at the interest rate towards the bottom of the ad.
http://www.bankofscotland-international.com/personal-banking/international-banking/current-account.a...
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Re: Bank of England Rate Cut

Also
Quote
Minimum opening balance £5,000 – you don't need a big balance
. Shocked
To a great many people that is a BIG balance Tongue

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Community Veteran
Posts: 19,274
Thanks: 430
Registered: ‎12-08-2007

Re: Bank of England Rate Cut

Yes, it's surprising how they write off £5000 as 'not a big balance'.  Maybe they should think of that when you ask for a loan Smiley