Banks are great at informing customers of changes. Both of my kids have young savers accounts. I received a letter for each account on 3rd September detailing the rules around the €5000 limit and the 2.5% and 0.25% rates. No mention of the changes coming into effect in November, which make this information irrelevant as far as I can see.
I haven’t check yet.Any good alternative accounts out there??
You are absolutely right. I stupidly assumed they had delivered the message on the first page. I like the end of the letter where it says "You don't need to do anything". Well, apart from look for a better place to put the account balance maybeDid you turn over the page?
I too received two letters dated 03 September. On the first page it indicated that some information had previously not been clear. And this was then clarified.
Then, on the second page, following the apology the new interest rates were detailed, stating these would take effect as of 13th November.
To my eyes, this could not have been made clearer.
Apparently EBS are dropping theirs from 1.75% to 1.00%
Where did you hear that? I was just about to open with them, but no way will I bother if they are reducing this to 1%Apparently EBS are dropping theirs from 1.75% to 1.00%
Post #20:Where did you hear that? I was just about to open with them, but no way will I bother if they are reducing this to 1%
Just checked my post. I got a letter confirming this.Where did you hear that? I was just about to open with them, but no way will I bother if they are reducing this to 1%
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