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Trev DIYer
Posted: 02 February 2023 18:58:52(UTC)
#12

Joined: 04/06/2017(UTC)
Posts: 121
Had the odd glitch, but overall it's good.

Cashback is better than anything else for me at 1%

Interest rate increasing to 3% on 13 Feb, which is pretty good - others may catch up
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MarkSp
Posted: 03 February 2023 20:08:00(UTC)
#13

Joined: 02/02/2020(UTC)
Posts: 2,199
Trev DIYer;256141 wrote:
Had the odd glitch, but overall it's good.

Cashback is better than anything else for me at 1%

Interest rate increasing to 3% on 13 Feb, which is pretty good - others may catch up



Barclays and LLoyds have a long way to go
I think BARC is still .0.1%
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Stephen B.
Posted: 03 February 2023 22:00:35(UTC)
#8

Joined: 26/09/2012(UTC)
Posts: 795

Thanks: 27 times
Was thanked: 1034 time(s) in 477 post(s)
Isaac J;255672 wrote:
I used the savings account for short-term goals - the interest rate is still competitive but you can get better elsewhere.

I probably won't carry on using once the cashback promotion ends.


They're about to increase the savings rate to 3% which at the moment is pretty much a market leader, although there may be others who move in the next couple of weeks.

I got a survey today which suggested that the cashback offer may continue in some form - probably they're worried about losing a lot of business as it stops.
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1 user thanked Stephen B. for this post.
Alex Peard on 03/02/2023(UTC)
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