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And More Interest Rate Reductions

Discussing offers, rates and deals on suppliers
steelman99
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Re: And More Interest Rate Reductions

#328030

Postby steelman99 » July 22nd, 2020, 8:34 pm

And it gets worse

Santander 123 lite account have reduced the cashback on bills and increased the cost of having the account

They have increased the cashback on water to 3% but reduced it on telecommunications to 1% , and are increasing the maintaining account fee to £2

Personalty hardly worth it as I will only make £1.14 per month for 10 months a year ,and in the two months when there's no council tax , I will loose 13p Per month so over a year I will get £11.14

Understand the changes on cashback also affect the 123 standard account so if you have less than £4k in there its not worth having anymore

supremetwo
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Re: And More Interest Rate Reductions

#328312

Postby supremetwo » July 23rd, 2020, 10:13 pm

Club Lloyds from 1 October.

Up to £39999.99 1% > 0.6%
£4000 to £5000 2% > 1.5%
Above £5k 0% as prev.

orangepekoe
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Re: And More Interest Rate Reductions

#328336

Postby orangepekoe » July 24th, 2020, 6:41 am

supremetwo wrote:Club Lloyds from 1 October.

Up to £39999.99 1% > 0.6%
£4000 to £5000 2% > 1.5%
Above £5k 0% as prev.


But you still get the free cinema tickets etc. The cinemas are now Vue and Odeon, rather than Vue and Cineworld. Plus they've added Rakuten film rental where you get 1 voucher delivered each month.


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