Interest Rate Rises

[Sarah]

Up again!

"Santander puts up mortgage rates just FIVE days after cutting them"

Santander has announced it is increasing the interest rates a number of its fixed rate mortgage deals, just days after it cut them.

Starting from tomorrow, the bank says it is increasing all fixed rate deals for home buyers and those remortgaging.

It is also withdrawing all its exclusive first-time buyer fixed rate deals, as well as a three-year fixed rate product for home buyers with a 10 per cent deposit.

https://www.thisismoney.co.uk/money/mor ... -them.html

[sanity clause]

Santander rate cut.

A message from Santander yesterday...

The interest rate on your Easy Access Saver Limited Edition (Issue 3) will reduce from 5.20% AER/gross
(variable) to 4.20% AER/gross (variable) on 20 May 2024

[Sarah]

Chase 5.1% easy access savings available for limited number of eligible customers (not me, it seems):

You can get the offer if:

You became a Chase customer on or before 29 February 2024;
AND
You had less than £500 in total across any Chase savings accounts you held on 8 March 2024 (you can hold up to 10 of these accounts).

https://www.moneysavingexpert.com/news/ ... onus-rate/

[Sarah]

NS&I Direct Saver up to 4.00% gross/AER effective today. Not too shabby.
https://www.nsandi.com/historical-interest-rates

[planteria]

i use one of these, kind of by default: TSB card payments into a NS&IDS prior to transfer in £100 blocks into PBs.

[Sarah]

Chase 5.1% easy access savings available for limited number of eligible customers (not me, it seems):

You can get the offer if:

You became a Chase customer on or before 29 February 2024;
AND
You had less than £500 in total across any Chase savings accounts you held on 8 March 2024 (you can hold up to 10 of these accounts).

https://www.moneysavingexpert.com/news/ ... onus-rate/

I have this 5.1% rate now -- could be worthwhile checking again if not previously eligible!

These are the updated criteria:

This offer is available to new customers joining Chase from 2 May 2024, and to existing Chase customers with no saver account, or a combined balance of less than £50,000 in saver accounts, at close of 2 May 2024.

The 1% boost ends 16 January 2025.

https://www.chase.co.uk/gb/en/saver-boosted/