Sunday, Feb 22, 2009
'If banks start offering better fixed rate savings it can only mean one thing.....'[Fred]
Times: Rates war on the cards for savers
''Savers are poised to enjoy a bonanza of higher interest rates in the coming weeks — after suffering months of falls — as desperate banks and building societies vie for cash to rebuild their balance sheets. Abbey and Nationwide launched new leading fixed-rate bonds last week, and a cash Isa war is in the offing in the run-up to the end of the tax year.''
Posted by hpwatcher @ 09:03 PM (556 views) Add Comment
2 Comments
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1. shining wit said...
Not hurting for cash then !!
2. jonb said...
A lot of banks increase their ISA rates in March and reduce them again in May. This is nothing new.