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Bank Rate Trackers

Last post Thu, Nov 13 2008, 10:15 AM by mccueam. 0 replies.
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  •  Thu, Nov 13 2008, 10:15 AM

    Bank Rate Trackers

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    I have a bank rate tracker with First Active (part of RBS). This has always matched bank rate, but has now only been reduced to 4%. This "collar" was in the offer document, but I understood that banks (like RBS) that are currently being bailed out by public money were supposed to be waiving the "collar". Is this not the case?
    • Post Points: 5