M Mixednuts Registered User Messages 166 5 Dec 2008 #1 Any news or dates from PTSB regarding the .75 cut ? I have looked in the other thread "PTSB Rate Cut" before posting but no news there . Rgds M.
Any news or dates from PTSB regarding the .75 cut ? I have looked in the other thread "PTSB Rate Cut" before posting but no news there . Rgds M.
P p45 Guest 5 Dec 2008 #2 I just emailed them telling them I'll be switching my savings accounts if they don't act soon. They'll probably laugh at me but it's all I can do.
I just emailed them telling them I'll be switching my savings accounts if they don't act soon. They'll probably laugh at me but it's all I can do.
D demoivre Registered User Messages 2,824 5 Dec 2008 #3 PTSB confirmed this morning that it will pass on yesterday's 75bp rate cut in full to it's customers.
PTSB confirmed this morning that it will pass on yesterday's 75bp rate cut in full to it's customers.
S St. Bernard Registered User Messages 149 5 Dec 2008 #5 I know this has been asked before but their are so many posts about the ECB its impossible to find the answer. If you have a tracker mortgage do the banks have to pass on the rate cuts. Obviously with fixed or variable it's up to the bank.
I know this has been asked before but their are so many posts about the ECB its impossible to find the answer. If you have a tracker mortgage do the banks have to pass on the rate cuts. Obviously with fixed or variable it's up to the bank.
M Mixednuts Registered User Messages 166 5 Dec 2008 #6 St, If you are on a Tracker then the banks are contracted to pass on any ECB cut , they have no choice in the matter and at present are more than likely loosing money from trackers mortgages ...hence no longer available .
St, If you are on a Tracker then the banks are contracted to pass on any ECB cut , they have no choice in the matter and at present are more than likely loosing money from trackers mortgages ...hence no longer available .