Thursday 5 March 2009

Savings products cut

Had a leaflet from Barclays yesterday entitled "Important information about our savings accounts" and was shocked to see that on page 3 they have cut 22 products leaving just 8 remaining.

Now some of this looks like some housekeeping such as removing the postal savings account but I was supprised to see the 30 and 60 day savings disappear, so it looks like it's not just the lending products that are being cut.

Details of the accounts are as follows:

Current range of Savings Accounts (8)
  • Active Savings
  • e-Savings
  • e-Savings Reward
  • Nest-egg Savings
  • Barclays Cash ISA
  • Tax Haven ISA
  • Children's Savings Account
  • BarclayPlus

Accounts no longer available to new savers (22)
  • Barclays Easy Saver
  • Barclays Flexible Saveings
  • Barclays Instant Cash Account
  • Barclays Instant Savings Account
  • Barclays Openplan Savings
  • Barclays TESSA-Only ISA
  • Bonus Saver
  • junior BarclaysPlus
  • Postal Account
  • Baby Postal Account
  • Barclays Savings Reserve
  • Day to Day Savings
  • Prime Account
  • Regular Savings Account
  • Reward Saver
  • Savings Builder
  • Tax Beater Cash ISA
  • Tracker Savings Account
  • 30 Day Savings Account
  • 60 Day Savings Account
  • Premier Openplan Savings
  • Premier Cash Reserve

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