anglo increase rates - easy access account

[Alex]

i have an account with anglo and have just noticed that the rate has gone back up from yesterday. it was decreased only a month or so ago.

 

[ClubMan]

Re: anglo increase rates!

What account? What rate?

 

[Alex]

Re: anglo increase rates!

it's the easy access account. it has gone up to 4.25% since yesterday. it was 4%. a month ago it was 4.5% decreased to 4%. i wonder why it has gone up? i know it's only small but still it's an increase.

 

[ClubMan]

Because of the recent ECB rate hike of 0.25%?

Would you not be better off with one of the higher rate lump sum demand deposit accounts on offer - including Anglo's own Premium Demand account paying 5.3% gross CAR on up to €20K?

 

[Jethro Tull]

Because of the recent ECB rate hike of 0.25%?

Doesn't the easy access accopunt guarantee to match ECB til 1st January (I think)? That would account for the 0.25% rise

 

[richieg]

Why not go with the 6mth fixed term account. There is no limit on the amount lodged?

 

[ClubMan]

Doesn't the easy access accopunt guarantee to match ECB til 1st January (I think)? That would account for the 0.25% rise

[broken link removed].

A variable interest rate guaranteed to at least equal the European Central Bank rate (until 1 January 2009)

 

[ClubMan]

Why not go with the 6mth fixed term account. There is no limit on the amount lodged?

Premium Demand is paying the same rate right now. Admittedly the rate is variable and the bonus rate only applies on up to €20K.