Newcastle Big Home ISA rate drop

A question about : Newcastle Big Home ISA rate drop

Well, it was only a matter of time of course!

My wife and I had our letters informing us that interest rate is dropping to 2.54% for those with the issue 1 product. I believe this is the same as the issue 2 product.

Date of change 9th March.

Best answers:

• Nooooooooooooo
• And I was regretting using that money for a house purchase instead of my Santander 123...
  But yes, it is annoying. I'm surprised it took so long.
• I was pretty disappointed to receive this letter, I'm a novice saver and signed up to this ISA last year after it was recommended here, is it still the best one to leave my money in? I deposit every month and don't need access for the foreseeable future really.
• How much are you depositing into it every month? For many people, Regular Savers and Current Accounts are a better deal than cash ISAs.
  Another option could be an S&S ISA, if you are really into for a much longer term (5-7 years upwards)