M&S Bank slashes interest rate on its regular savings account from 5% to just 2.75%

Money, investing, mutuals etc
macliam
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Re: M&S Bank slashes interest rate on its regular savings account from 5% to just 2.75%

Post by macliam » Thu Nov 21, 2019 11:26 am

expressman33 wrote:
Thu Nov 21, 2019 10:05 am
macliam wrote:
Thu Nov 21, 2019 9:38 am
UK banks generally don't charge for a current account....
Years ago you could get interest on a current account. Most firms insist on paying wages into a bank account so if you get charged you should be able to insist on being paid in cash.
Years ago you got well-above-inflation interest on savings too..... :roll:
Years ago there were "free" cashpoints everywhere.....
Government intervention to "save" the banks has scuppered all that - now you're expected to thank the banks for "looking after" your money.
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