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Latest ECB rate hike - any good news for savers?

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  • Closed Accounts Posts: 2,074 ✭✭✭BendiBus


    Northern Rock have upped their demand online rate by 0.2% to 4.5% It says effective from 06/07/07 which is a full month away. Maybe they meant 06/06/07?


  • Closed Accounts Posts: 7,669 ✭✭✭Colonel Sanders


    any time I have seen a northern rock rate increase its always a month or so after the ECB hike is announced. I have a few bob in a savings ccount with them so watch these things like a hawk!!!


  • Registered Users Posts: 620 ✭✭✭BobbyD10


    I have savings with Ulster Bank and with the latest round of interest hikes what do they increase the a/c by...0.10% instead of passing on the full 0.25%...typical really, have to keep the money there till October but shall be moving.


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