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Minnie1956

  4 months ago

Interesting
Closed

Finally! I have had an email to say that Nationwide is putting up the interest rates on their savings accounts. I have three different savings accounts with Nationwide, one of them will be going up by 0.5%, another by 0.25%, and the third by 0.15%. I wonder how much they gained from their customers by holding off for so many weeks after the base rate increase!
Still, better than nothing - or as my mother used to say, better than a poke in the eye with a burnt stick. Have you heard that saying before?
Reply

PoohBah

  3 months ago
'Sharp stick'. Also, 'a slap on the belly with a wet fish'.
1 comments

g2714572

  3 months ago
Nice one Minnie i have a wee saving book there, the thinking on keeping it in a book with no card is, if i put it in the book which
is a real old fashioned way ,
I won't go as much to get it out :)
as its in the town I'm well outside the town .+ there's always a queue to that puts me off going in to :)
.it works !!! .so must stick a bit more in each month if rates are going up :)
2 comments

Meryl10

  3 months ago
I had interest rates go up on income bonds a couple of months ago.. a small increase but every little helps.
1 comments

jadevb

  3 months ago
ahahahahahahah better than a poke in the eye with a burnt stick!!?? Love it! No I have not!
1 comments

Hawksmoor

  3 months ago
No, I thought it was with a "sharp stick"? :)
I'm glad too interest rates are improving - if by still very negligible amounts, but the direction of travel is at least right.
Maybe it'll also dissuade too many people from rushing incautiously into mortgages while things are still a little uncertain. The last thing the economy needs in the next few years is another housing bubble or an explosion of unpayable debts!
2 comments

TheOldDragonsPaul

  3 months ago
We must look into a better savings interest rate ~ Halifax are miserly !
2 comments

Chris563

  3 months ago
I have never heard that saying before.
1 comments

Treasure585

  3 months ago
I have Minnie and i'm actually getting that stick in my eye at the moment trying to claim a Paypal that just won't go through Lol! Savings rates at present are terrible aren't they? I've given up on most although i do have some money put away. Instead of adding to it i just pay money off on my mortgage so it will be paid sooner than expected.
1 comments

alansday

  4 months ago
Better than a poke in the eye with a sharp stick but with the retail price index running at 7.5 % the saving returns offered are still derisory. I have savings with atom and Zopa banks that pays 1.6% and a regular saver with Yorkshire B.S that pays 3.5% but this amount of return is still quite paltry unfortunately.
3 comments

CathHMN

  4 months ago
I have heard the phrase 'better than a poke in the eye' but with no reference to the implement involved.
No correspondence from any financial institution I have savings with.
1 comments
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