iansheff Posted April 30, 2012 Share Posted April 30, 2012 I just had a mail from the Halifax with their ISA rates, they really are taking the ****. If you have £1+ in you get 0.10%, if you have £21,000+ you get 0.13% and if you have £27,000+ you get all of 0.20%. It seems that you can only get a rate of about 4% if you are prepared to tie the money up for 3 years and not touch it. Link to comment Share on other sites More sharing options...
muddywolf Posted April 30, 2012 Share Posted April 30, 2012 It will be because the first year bonus has dropped off. when the ISA was first opened it will have said something like 3.00% tax free/AER including 12 month fixed bonus of 2.75%, after 12 months your just getting the .25%. http://www.nationwide.co.uk/mediacentre/pressreleases/viewarticle.htm?ID=1945 Nationwide instant access ISA is paying 4.25 which is one of the best rates around. Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted April 30, 2012 Share Posted April 30, 2012 Have a look at comparison websites- e.g. Moneyfacts http://moneyfacts.co.uk/ or Money Saving Expert http://forums.moneysavingexpert.com/ Link to comment Share on other sites More sharing options...
grafikhaus74 Posted April 30, 2012 Share Posted April 30, 2012 Well they've got to spend a lot on cheap, polyester 'uniforms' and name badges they employ to lie to their customers. Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted April 30, 2012 Share Posted April 30, 2012 And on their jejune and condescending advertising. Link to comment Share on other sites More sharing options...
max Posted April 30, 2012 Share Posted April 30, 2012 They are also offering an online ISA which has a 3% interest rate for a year. I switched my ISA there when they notified me that my previous bonus period was due to expire. Link to comment Share on other sites More sharing options...
dizzybird77 Posted April 30, 2012 Share Posted April 30, 2012 Your right, the rate was probably a 1year rate that ended. There is the 3% ISA that is a one year rate (instant access), online and postal transactions. If you want a branch based one it's 2.75% You have to go in and ask to have it changed to either of these. Then of course the fixed ones which have higher rates Link to comment Share on other sites More sharing options...
heeleyson Posted May 1, 2012 Share Posted May 1, 2012 Closed mine last week and gone to another provider. Halifax used to be good years ago but now they dont give a toss about you ! Link to comment Share on other sites More sharing options...
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