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Egg Account Help
mark99
Posts: 66 Forumite
""Egg Savings Account (Internet) - get 6.55% gross pa/AER variable (includes an introductory 12 month variable bonus rate of 1.80% gross pa from the date your account is opened)""
What happens if I move say £10,000 in here and move it out in 6 months (i.e if their total interest rate drops and better offers are elsewhere).
Do I still get the 1.8% bonus (I do believe the 1.8% bonus is variable as well as the total interest rate) from opening?
Or do you have to be locked in for 12 months?
TIA
Mark
What happens if I move say £10,000 in here and move it out in 6 months (i.e if their total interest rate drops and better offers are elsewhere).
Do I still get the 1.8% bonus (I do believe the 1.8% bonus is variable as well as the total interest rate) from opening?
Or do you have to be locked in for 12 months?
TIA
Mark
0
Comments
-
It is a variable rate but with instant access. You will get the bonus rate for 12 months even if you don't use it for that long.
Althought currently I doubt you will find a better rate anytime soon.0
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