Apologies if this has been mentioned before (Quick search indicates not!) - only noticed it myself today;
[broken link removed]
customer loyalty bonus
You are really important to us, and we cannot thank you enough for staying with us through these difficult times. You have kept faith with Northern Rock, and we'd like to start paying that back.
So all savers who had a savings account with us on 1 December 2007 and who keep their money invested with us until 1 March 2008 will receive an extra guaranteed bonus of 0.50% gross p.a. on their savings. This bonus rate is payable during the months of January and February 2008.
We know we must rebuild and repay the trust and confidence you have invested in us. Which is why we're working very hard towards a solution to take our business forward.
As far as I'm concerned Northern Rock is a mess. It's been 3 months since the initial crisis. I don't see that it's been fixed, & there doesn't appear to be a willing buyer. As a result, I closed my account 2 weeks ago.
As far as I'm concerned Northern Rock is a mess. It's been 3 months since the initial crisis. I don't see that it's been fixed, & there doesn't appear to be a willing buyer. As a result, I closed my account 2 weeks ago.
I don't see how any of their troubles have impacted deposit holders. Despite the problems with getting online because everybody started behaving like wilderbeast!
Yes, someone will probably buy them, but why hasn't it happened yet?I don't see how any of their troubles have impacted deposit holders. Despite the problems with getting online because everybody started behaving like wilderbeast!
I did the same last week after meeting a banker from Jersey. the word is that it's a right mess internally and is going to take a long, long time to unravel and rebuild even after it is eventually sold. That is why Branson and Virgin are offering so little and the Government are so keen to sell to them as quickly as possible.
Guaranteed bonus of 0.50% gross p.a.
payable during the months of January and February 2008
calculated on the balance of your account between 1 January 2008 and 1 March 2008
It's 0.5% pa (per annum)...not 0.5% per two months. I believe your original post is correct.Got my letter today.
which I'm now interpreting as a full 0.50% bonus for two months deposit, contrary to what I earlier suggested.
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