Kaupthing Edge thread with a twist - who's not bothered?

[Deleted User]

I've become increasingly bored of reading the world will end next week with Kaupthing Edge going down the pan so I've started a thread for people who aren't bothered about KE. People who just think there isn't a problem, it's yet again the media blowing something way out of proportion.

So for all those who are happy to bank with KE and receive their high interest rates please show your solidarity and let's have some balance on these forums...

Masomnia

Just set up my account two days ago, definitely not worried. Looking forward to earning my market leading rate immensely

Last week B & B, this week Kaupthing... it'll all blow over.

The_Lodger_2

I've £33000 in Kaupthing and I'm not losing any sleep. It's as protected there as much as anywhere else and its earning a respectable rate of interest.

stevedb11

I've got accounts with Kaupthing and Icesave, and my money is staying put,
despite all the negative postings on this forum, I sometimes wonder if any of the negative posters are involved with the UK banking industry, or am I being paranoid.

johnmoney05

wasted time

KTF

Me, not worried at all.

Geoffo_M

I've cash in both KE and Icesave. I'm a bit concerned but have decided to leave it where it is, relying on the Compensation Scheme if necessary. As others have said, both organisations offer good service and excellent rates of interest.

lynzpower

Im keeping my money in KE, cant be bothered with the eternal stress of shuffling.

Also pulling my money out of KE will make it more unstable in my view.

VfM4meplse

The_Lodger wrote: »

I've £33000 in Kaupthing and I'm not losing any sleep. It's as protected there as much as anywhere else and its earning a respectable rate of interest.

Good saver BUT I thought leaving more than £30k in any account is risky as this is the amount that the govt will protect. Although I'm not saying KE is at risk, post Northern Rock anything is possible as we are witnessing from this side of the pond.

There are a number of accounts paying 6.5% at the moment that investments can be spread in. I'm starting to think that one-year fixed rate bonds may be a better option as interest rates may drop which is not good for savers.

jkay580

Staying put with KE

KingL

VfM4meplse wrote: »

Good saver BUT I thought leaving more than £30k in any account is risky as this is the amount that the govt will protect.

It's 35k, going up to 50k on Tuesday.