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Chelsea BS - Over 50's Instant Account

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Comments

  • Jake'sGran
    Jake'sGran Posts: 3,269 Forumite
    moonrakerz wrote: »
    Why ? Up to £50,000 is just as safe there as anywhere else - except perhaps Northern Rock.

    This wreck has been paying me 6.65% for the last 20 months. Move it somewhere else and get half that rate in somewhere no safer - I think not!

    That sounds like a regular saver to me in which case you will not get 6.65% at the end of it. No one is paying this for a straight savings account.
  • alanq wrote: »
    Not forgetting that some of the losses/reduced profits reported by Building Societies are due to having to make payments into the FSCS to rescue the savings of customers of the failed banks!
    Indeed we're all paying for the guarantee so why not make the most of it?
    Named after my cat, picture coming shortly
  • moonrakerz
    moonrakerz Posts: 8,650 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Jake'sGran wrote: »
    That sounds like a regular saver to me in which case you will not get 6.65% at the end of it. No one is paying this for a straight savings account.

    I think I should know what type of account my money is in !



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