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A message from Richard Norrington, CEO, about changes to savings rates

Written by Ipswich Building Society

9 Sep 2018

Tags

Interest rates, Savings

1 min read

On 2 August 2018 the Bank of England took the decision to increase the Bank Base Rate by 0.25% to 0.75%, the highest level since 2009.

Following this announcement we have reviewed our variable rate savings accounts and on 1 October 2018 will be increasing the variable rates on our savings accounts on an individual basis. These increases will apply to savings products which are currently available and those which are held as ‘closed issues’ (i.e. no longer available to be opened as new accounts).

We will update our website with the increased rates on 1 October.

Click here to view our currently available savings accounts

Or here to view discontinued or closed-issue acocunts


> Trevor Slater, Finance Director responds to the Bank Base Rate rise announced by the Bank of England

> Read our blog to find out more about what happens when interest rates rise

This article was published under our previous name of Ipswich Building Society. We changed our name in 2021 – find out more.

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