KBC regular saver maxed out

Got the same letter this morning. It’s applicable from July 20th.
Also they made a mess of their app on Android as well with the latest update so I haven’t had a good week with them.
 
Kilconleagirl said:
Just got letter today, regular saver interest being reduced from 1.25% aer to.75%
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I got a letter saying my Extra Regular Saver Account interest rate is being reduced from 1% to 0.5% from July 20th.
Why would rates be different?!
 
Temple said:
I got a letter saying my Extra Regular Saver Account interest rate is being reduced from 1% to 0.5% from July 20th.
Why would rates be different?!
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Does it say the bonus is reducing from 1% to 0.5%?
The 1.25% includes the bonus of 1%.
 
It says it’s reducing the rate from 1% to .5% AER. The bonus rate is applied on to @.25%. New total rate will be .75% AER.
 
Is this still the best regular savings account now or are there other better options available given this new rate decrease?
 
pauric said:
Is this still the best regular savings account now or are there other better options available given this new rate decrease?
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As it stands, PTSB and Ulster Bank offer the second and third highest rates
 
adox said:
It says it’s reducing the rate from 1% to .5% AER. The bonus rate is applied on to @.25%. New total rate will be .75% AER.
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Thanks - and apologies. Had only glanced at the letter this morning. I see that now.
 
Sorry yes i had only recently opened a Kbc current account in order to avail of the 1.25% rate regular saver, was availing of the .25% bonus, pity it’s being reduced.
 
I have €35k in the ordinary regular saver account and got a letter saying they are stopping the 1% bonus The Extra regular saver doesn’t seem like the right option due to the €40k limit so not sure what to do. Might look at state savings
 
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