I applied for a Halifax ISA in early January as A+L had slashed theirs from 5.95 to 5.65%

Halifax were offering a 1 year fixed rate @ 6.2 - which I jumped on.

Anyway, week later they had INCREASED it by .2% to 6.4% - I phoned up and asked if I could have this rate.

To my surprise, I got a letter today agreeing to fix it at the higher rate.

Fair play to them....I guess they must need my money!

Is this what you're referring to?:

http://www.halifax.co.uk/isas/fixedrateisa.asp

For F***'s sake! 6.4% -> 6.2% -> 6.3% -> 6.0% all in space of a month. They offered no guarantee of fixing to me and I've set up details to transfer ISAs which could take a couple of weeks and now it's 6.0%!

Hi Tonestar, did you ask if you would get your original rate?

It's not quite as silly question as it first might appear.

All I can say was the lady made it clear to me that I would get the rate at which I applied for the cash.

It's now been said to me from several different people including their business centre confirming this. I also asked that it be entered in the notes on their system, so there was an audit trail, and she did this. Although it sounds a*n*a*l, (and it is), its the only way of nailing companies down I feel.

Just got off the blower to them. They will guarantee whatever is higher - the rate when you applied or the rate once the ISA has been transferred. When I applied it was 6.2% so I'll get at least that then. That seems to contradict a little from what you say, but the lady had to go off and find out my answer for around 5 minutes so there's a lot of confusion in their offices.

That's exactly what I found.

Still, at least you've a rate you are happy with, I take it?

Well if you had asked yesterday I'd have expected 6.3% but now it's down to 6% I guess I'm happy with 6.2%!

Their timing to reduce to 6% today seems strange considering the BOE are starting to look a little more hawkish.

At the end of the day it's only small differences I know...

5.8%!

Me too - had a nightmare with them recently. All I wanted to do was transfer-in, deposit this years allowance then fix the rate. It was beyond the retards at HBOS, so this years money is going elsewhere. Still 6.2% for the transfer in was not too bad I suppose.