£5,000 In Kaupthing Edge- Should I Move It?

bgscotty

[FONT=Verdana, Arial, Helvetica, sans-serif]Hi,

In November 2008, I put £5,000 in Kaupthing Edge.

I received an email from ING recently which told me the new rate was:

3.55% AER (3.49% gross p.a.)

I'd be grateful for any advice on whether I should move this money elsewhere to get a better deal- and, if so, where might it be worth moving it to?

Thank you in advance.

bgscotty
[/FONT]

penrhyn

Ing Direct are paying 5% (variable) for 12months, an existing. KE customer is regarded as a new ING customer.

Read up on all the relevant caveats.

skitskut

penrhyn wrote: »

Ing Direct are paying 5% (variable) for 12months, an existing. KE customer is regarded as a new ING customer.

Read up on all the relevant caveats.

Has dropped from 5% to 4% AER from 15/01/09