Interest Rate Rises

[Sarah]

Shawbrook

Easy Access Account Issue 35
AER 3.91% Variable

https://www.shawbrook.co.uk/direct/savi ... sy-access/

[Sarah]

Ford Money

In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 21st June 2023 as follows:

Current rate New higher rate
3.69% Gross 3.84% Gross

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

[Sarah]

The Bank of England has increased the base rate to 5% - up from 4.5%

It's a bigger increase than most forecasters expected

The last time the base rate was 5% or higher was in 2008

https://www.bbc.co.uk/news/business-65982981

[Luke_PieStalker]

Good for the old savings but bad for those on mortgages.

More rises to come too they reckon.

[Sarah]

Chase UK

Good news – we're increasing the Chase saver account interest rate from 3.3% AER (3.25% gross) variable to 3.8% AER (3.74% gross) variable, effective from 3 July 2023.

[expressman33]

APP ONLY -- Chip Instant Access Account 4.21% AER https://www.getchip.uk/instant-access-a ... QUQAvD_BwE

[expressman33]

https://www.raisin.co.uk/savings-accoun ... FMQAvD_BwE

[expressman33]

Investec: 3 years Fixed Term Deposit 5.76% https://www.raisin.co.uk/term-deposit/i ... ct-details

[Beachboy]

Kent Reliance 1 year fixed bond 5.58% AER - https://www.kentreliance.co.uk/bonds/1- ... rate-bonds

[Sarah]

Ford Money

In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 29th June 2023 as follows:

Current rate New higher rate
3.84% Gross 3.98% Gross

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