Interest Rate Rises

Money, investing, mutuals etc
sanity clause
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Re: Interest Rate Rises

Post by sanity clause » Wed Aug 02 2023 1:50pm

Shawbrook

Easy Access Account Issue 36
AER 4.63% Variable

From 1Aug.

https://www.shawbrook.co.uk/direct/savi ... sy-access/
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planteria
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Re: Interest Rate Rises

Post by planteria » Wed Aug 02 2023 5:49pm

that's a good one sc. are you into this? :think:
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Sarah
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Re: Interest Rate Rises

Post by Sarah » Thu Aug 03 2023 12:08pm

Interest rate rises to 5.25%

The UK's interest rate has been raised to 5.25% by the Bank of England, as it continues trying to control soaring prices.

This means the Bank has increased the rate by 0.25% from 5% - the 14th hike in a row.

The last time the base rate was this high was in April 2008.
https://www.bbc.co.uk/news/live/business-66386519
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Sarah
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Re: Interest Rate Rises

Post by Sarah » Thu Aug 03 2023 4:06pm

Chase UK
Good news – we're increasing the Chase saver account interest rate from 3.8% AER (3.74% gross) variable to 4.1% AER (4.02% gross) variable, effective from 14 August 2023.
That obviously ain't bad, but they're trailing not leading.
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sanity clause
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Re: Interest Rate Rises

Post by sanity clause » Thu Aug 10 2023 6:40pm

Shawbrook

Easy Access Account Issue 36
AER 4.68% Variable

From 10Aug.

https://www.shawbrook.co.uk/direct/savi ... sy-access/
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sanity clause
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Re: Interest Rate Rises

Post by sanity clause » Fri Aug 18 2023 1:28pm

sanity clause wrote:
Thu Aug 10 2023 6:40pm
Shawbrook

Easy Access Account Issue 36
AER 4.68% Variable

From 10Aug.

https://www.shawbrook.co.uk/direct/savi ... sy-access/
4.83% from 18Aug.
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Sarah
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Re: Interest Rate Rises

Post by Sarah » Thu Aug 24 2023 10:58am

Ford Money
In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 24th August 2023 as follows:

Current rate New higher rate
4.41% Gross 4.65% Gross
(4.75% AER)

https://www.fordmoney.co.uk/savings-pro ... ible-saver

Sarah
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Re: Interest Rate Rises

Post by Sarah » Thu Aug 24 2023 10:06pm

Lloyds have increased their savings rates; while not likely to top any tables there are some decent numbers for the high street and if you're an existing current account holder you might receive an extra 0.05% interest on some products, e.g. fixed cash ISA 1 year 5.50% or 2 years 5.55%.

https://www.lloydsbank.com/savings.html
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sanity clause
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Re: Interest Rate Rises

Post by sanity clause » Fri Aug 25 2023 8:30pm

sanity clause wrote:
Fri Aug 18 2023 1:28pm
sanity clause wrote:
Thu Aug 10 2023 6:40pm
Shawbrook

Easy Access Account Issue 36
AER 4.68% Variable

From 10Aug.

https://www.shawbrook.co.uk/direct/savi ... sy-access/
4.83% from 18Aug.
4.93% from 25Aug.
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Sarah
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Re: Interest Rate Rises

Post by Sarah » Sat Aug 26 2023 6:01am

5% easy access savings so close now... what a difference a year makes! :crazy:

https://moneyfactscompare.co.uk/savings ... s-accounts
https://www.moneysupermarket.com/saving ... EASYACCESS
https://www.moneysavingexpert.com/savin ... easyaccess

MSE currently lists this Furness BS account paying 5% at the top of their table, while acknowledging it's really a triple access saver.

https://www.furnessbs.co.uk/savings/sav ... er-issue-1
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