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Egg introductory offer

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My six-month higher interest introductory period with Egg is about to expire. Can I close my Egg and open a new one with Egg, thus getting a new introductory offer?

If not, where should I move my money to get the best interest rate without tying it up, Bradford & Bingley perhaps?

Many thanks

Comments

  • johnllew
    johnllew Posts: 1,928 Forumite
    Once it has opened, transfer your money from your old savings to your new (under One Off Transfers), then contact customer services by secure e-mail (within Egg) and cancel the old account.
    To take advantage of the 5.5% new introductory rate at Egg, you cannot transfer money direct from another Egg a/c. If you want to invest the money that's currently in an existing Egg a/c, you'll have to transfer it to your current a/c and then back in to the new a/c (debit card is an excellent way of making such a deposit, as highlighted by Mr B).
  • Hi,
    I opened a new egg account today with a debit card and then directly afterwards transferred all my money from existing egg savings into new account

    Furthermore got a email confirming new account pasy 5.5% interest ;D
    A shadowy flight into the dangerous world of a man who does not exist.

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