pTSB 21 day reg saver to reduce to 3.75% this week

damson

Registered User
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I was told by by a pTSB staff member in the branch this afternoon that the 4% rate for the 21 day regular saver ends this week, and is reducing to 3.75%.
 
... well on the basis that even with the recent increase they are charging 3.69% on their existing variable rate mortgage book, you can understand why they'll need to open a gap between the two at some stage soon.
 
Thanks for postings this and for the heads up on the possible rate change.

I'm surprised in some respects.

Permanent TSB already changed a lot of their rates as at 26th January, Permanent TSB normally give heaps of notice of rate changes and any bank should give a minimum of 21 days notice of a change in interest rate to a 21 day notice account.

On the other hand, the 4% rate was not long term sustainable.

We will see what happens.
 
Excuse me if this is a silly question but are these rates variable or fixed? Thanks
 
My 21 day is still @ 4%

35 day went to 3.35% alright recently: 26/01/2010Interest Rate 3.3500 00
 
The rate is not changing this week but is changing on April 6th 2010.

The new rate will be 3.75%.

Other PTSB rates are changing in April, I will update all the best buy threads shortly.
 
I just opened this account this lunchtime and the woman there never mentioned anything about the rate changing to 3.75%
thats a bit bad form isnt it?
 
Yes, bad form alright

But I like this account as I can lodge the monthly amount in when I like.. unlike most other regular savers which only work on direct debit option
 
does anyone know if this account expires? or how does it work when you want to take your money back?
 
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