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Kaupthing Edge, Should I Avoid?

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Comments

  • isofa
    isofa Posts: 6,091 Forumite
    Why did ginvzt click thanks to the spammer who's posted this all over the forums? Post reported.

    The link doesn't work ginvzt because it's to a site blocked by MSE. It's a spam post, all over the forums.
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    I didn't mean to thank - I hit accidentally clicking reply!!! (I wish there was a way to recall thanks...)
    Spring into Spring 2015 - 0.7/12lb
  • isofa
    isofa Posts: 6,091 Forumite
    ginvzt wrote: »
    I didn't mean to thank - I hit accidentally clicking reply!!! (I wish there was a way to recall thanks...)

    LOL I didn't think you did - I know, it's annoying when that happens! :beer:
  • I think its a matter of make your own mind up. I also have an a/c with KP. Just keep your eye on it.
    Any thought from Martin ?
  • bc3000
    bc3000 Posts: 758 Forumite
    I've got some money with ICICI -Not sure whether to move it now I've read this..
  • papolo
    papolo Posts: 24 Forumite
    No need to worry Kaupthing Edge is a safe bank to put your money into.

    the bank is covered by the Financial Services Compensation scheme up to the maximum limit of £35,000[FONT=&quot].[/FONT]

    you can read it on their website

    http://www.kaupthingedge.co.uk/about/fscs.aspx
    http://www.kaupthingedge.co.uk/about/kaupthing-singer-friedlander.aspx
  • isofa
    isofa Posts: 6,091 Forumite
    papolo wrote: »
    No need to worry Kaupthing Edge is a safe bank to put your money into.

    the bank is covered by the Financial Services Compensation scheme up to the maximum limit of £35,000[FONT=&quot].[/FONT]

    you can read it on their website

    http://www.kaupthingedge.co.uk/about/fscs.aspx
    http://www.kaupthingedge.co.uk/about/kaupthing-singer-friedlander.aspx

    Because this has never been mentioned before... :rolleyes: covered a million times on this forum, even in the second post on this thread!

    It's far more complex than that with KE, if you search and read the forums...
  • papolo
    papolo Posts: 24 Forumite
    isofa wrote: »
    Because this has never been mentioned before... :rolleyes: covered a million times on this forum, even in the second post on this thread!

    It's far more complex than that with KE, if you search and read the forums...


    yes i know it has be mention before, but why are KE savers so worried.

    It can be argued that Kaupthing Edge offer better protected than others banks.

    their close competitor Icesave does not have full protection under the UK scheme but Kaupthing edge does
  • isofa
    isofa Posts: 6,091 Forumite
    papolo wrote: »
    yes i know it has be mention before, but why are KE savers so worried.
    It can be argued that Kaupthing Edge offer better protected than others banks.
    their close competitor Icesave does not have full protection under the UK scheme but Kaupthing edge does

    Surely if you've read the threads you'll have answered this question? ;)

    If you read post 12 onwards on this thread, it'll explain...
  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    spotthedog wrote: »
    I think its a matter of make your own mind up. I also have an a/c with KP. Just keep your eye on it.
    Any thought from Martin ?
    If Martin did have any doubts about KE, do you really think he would post them on this forum, thereby probably triggering a "Run" on the Bank?
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