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aa savings - 7.21% fixed for 1 year

the aa savings account is with Birmingham Midshares, and Birmingham Midshares are with H B O S

which leaves me confused. :doh: :think:

I thought HBOS were soon to be no more as company now belongs to L TSB?
So will aa savings and Birmingham Midshares soon be no more too?


Or,

will they, aa, Birmingham Midshares and HBOS be the same accounts etc but called L TSB?

Or will they be the same acccounts, but be known as 'part of the L TSB organisation?


Very confused and relutant to use aa savings until I have a clear picture of what is going to happen ( well as clear as possible).

I have 11 grand available to me today to put away for up to a year :T

Comments

  • lkmc01 wrote: »
    the aa savings account is with Birmingham Midshares, and Birmingham Midshares are with H B O S

    which leaves me confused. :doh: :think:

    I thought HBOS were soon to be no more as company now belongs to L TSB?
    So will aa savings and Birmingham Midshares soon be no more too?


    Or,

    will they, aa, Birmingham Midshares and HBOS be the same accounts etc but called L TSB?

    Or will they be the same acccounts, but be known as 'part of the L TSB organisation?


    Very confused and relutant to use aa savings until I have a clear picture of what is going to happen ( well as clear as possible).

    I have 11 grand available to me today to put away for up to a year :T





    I have been put off getting the 7.21% aa bond just read this


    https://www.emoneyfacts.co.uk/news/todayspapers.aspx?newsarticleid=175691
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