Following the 0.25% reduction in base rate, Egg have decided to reduce the interest rate on their Internet savings account from 5.5% to 5.0%, effective yesterday, having tracked the base rate for some years.
Yet another reason to dump them I'm afraid.
"BrianW" wrote
Is that just so that they don't need to reduce it *again* next month, when the base rate is dropped again? ;-)
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