Some of you may be aware of these changes already.

Bradford and Bingley e-saver was 5.10% down to 4.85%

Halifax e-saver was 4.90% down to 4.65%

Nationwide down to 4.75
Coventry to 4.5
Yorkshire to 4.5

Waiting for IF to change their rates ...

B&B are only changing their e-saver, not their ISA.


How long to wait to see who has the best rate after they have all dropped?

Cahoot had the decency to tell me but others like halifax didnt. Nice play.

looks like i might open one of those ICICI accounts...

All these UK banks looking to screw us.

At let at almost 5% gross - was looking good.

Does anyone else think this is a ploy to make savers think - whats the point and blow it all into the economy???

Yes, or of course go out and get a massive mortgage to help keep the housing market bubble afloat. They are taking in less in new mortgages, so they have to screw the profits out of someone.

I do wonder when IR's go back up, as they surely will in the next 6 months or so, whether the banks will be quick to pass on the IR increase on these accounts. I fancy what will happen is that you will get the banks trying to attract new money by having E-saver A/C, issue 2 or 3 or whatever, at the sexy new higher rate, while most of these e-accounts will gradually sink to IR's of less than 1.00%. That's what the banks usually do.