I opened a fixed rate savings account yesterday. I was able to log in to my account today. The interest quoted on the building society's website yesterday was 0.7% higher than the rate which appears on my internet webpage when I log in.
I have the basic [lowest] state pension to live on, supplemented by any interest I can get from my savings [inheritance]. That's it. So the money I would lose isn't huge but would pay for a couple of annual bills which will help.
I've emailed them, as waiting times on phone helpline are long and cost. But I see I have to wait 3-5 days for a reply.
In the meantime can anyone reassure me that I am entitled to the advertised rate on the website on the day I applied for the bond? [The bond has been withdrawn today I see, as probably fully subscribed].
Thanks.