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How Long Before Banks Put Up Savings

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Does anyone know how long before the banks put up the saving rates.

What are you talking about you madman? Banks put 'UP' savings rates? :blink: I think I remember my Dad telling me a story about that happening when he was a lad, but he also told me about an old woman who lived in a shoe! :P

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Does anyone know how long before the banks put up the saving rates.

It'll be at least a month. Just like it used to.

BofE rate goes up - next day mortgage rates go up - month later savings rate move up (normally less than BofE rise).

Apparently it's much much harder to send out increase-in-savings-rate letters.

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NSandI have already applied the rise to their Direct ISA. I now stands at a whopping (market beating) 5.3%.

and no, I am not on commission! ;)

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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