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Sainsbury's Internet Saver - guaranteed BofE + 2%

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Comments

  • sloughflint
    sloughflint Posts: 2,345 Forumite
    SnowMan wrote: »
    But I like to have a bit of money which I can immediately access should I need to and the Sainsbury internet saver allows immediate access (i.e. by closing the account) as do my instant access accounts with Nat West and Tesco.

    Since Sainsburys requires a minimum 5k,have you considered the LTSB current account offering 4% for balances between 5 and 7k for the instant access bit and combine with a bond?
  • SnowMan
    SnowMan Posts: 3,918 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The rate for accounts opened between 27/2/09 and 7/4/09 has dropped from 3% to 2.5% on 1/6/09 see

    http://www.sainsburysbank.co.uk/savings/sav_previousrates_is_dive.shtml

    This is the minimum it can fall to currently while base rate is 0.5% (because of the base rate + 2% guarantee for a year)
    I came, I saw, I melted
  • Stavros_3
    Stavros_3 Posts: 1,288 Forumite
    I think I'll stick with my B & B internet account issue 7. Thats still 2.5% aer with unlimited withdrawls
    Liquidity is when you look at your investment portfolio and **** your pants
  • withnell
    withnell Posts: 1,629 Forumite
    Also A&L offer an online saver (v4) with the same, 2.5%, instant access
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