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You could not make it up.
Robert_Sterling
Posts: 2,207 Forumite
UKs number one for savings.
No one helps more people grow their savings than Halifax
Halifax Liquid Gold
Variable Interest Rate AER 0.05 %
That is 5p ( before tax ) on £100 for one year.
That is £1 ( before tax ) on £2,000 for one year.
On the other hand if you have an unauthorised overdraft of 1p
you are charged £5 per day.
:eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek:
No one helps more people grow their savings than Halifax
Halifax Liquid Gold
Variable Interest Rate AER 0.05 %
That is 5p ( before tax ) on £100 for one year.
That is £1 ( before tax ) on £2,000 for one year.
On the other hand if you have an unauthorised overdraft of 1p
you are charged £5 per day.
:eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek:
..
0
Comments
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Ahh but that is a stupidity tax
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Haha, I can just imagine it.
Auntie Agnes keeps her £100 in a Halifax savings account for 100 years, and makes £5 interest. But then, one day she accidentally takes out too much from the ATM, and loses that £5 in overdraft fees in one day
You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0 -
It is the old story of banks bringing out headline grabbing rates on their new accounts then steadily dropping the rate hoping that inertia means people leave their money where it is.
Every couple of months a newspaper runs a story on it and every time they do they use the example of the Halifax Liquid Gold account.
But then what do you expect from an account promoted by Arthur Daley!0 -
ooo I think I still have a liquid gold account from when I was a kid. I think I had £5 in it from when it was the leeds !YNWA
Target: Mortgage free by 58.0 -
Robert_Sterling wrote: »UKs number one for savings.
No one help more people grow there savings than Halifax
Halifax Liquid Gold
Variable Interest Rate AER 0.05 %
That is 5p ( before tax ) on £100 for one year.
That is £1 ( before tax ) on £2,000 for one year.
On the other hand if you have an unauthorised overdraft of 1p
you are charged £5 per day.
:eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek:
the worst of it is there are worst paying accounts out there then that rate!!!!0 -
Robert_Sterling wrote: »Variable Interest Rate AER 0.05 %
That is 5p ( before tax ) on £100 for one year.
Isn't it 1/2p (0.5p) for each £100?Warning ..... I'm a peri-menopausal axe-wielding maniac
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No, it is 5p.Debt_Free_Chick wrote: »Isn't it 1/2p (0.5p) for each £100?0 -
Haha, I can just imagine it.
Auntie Agnes keeps her £100 in a Halifax savings account for 100 years, and makes £5 interest. But then, one day she accidentally takes out too much from the ATM, and loses that £5 in overdraft fees in one day
I,m sure the letter from the Queen will make up for it I have a deep burning indifference0 -
Yep definitely 5p -computer says so 0
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Haha, I can just imagine it.
Auntie Agnes keeps her £100 in a Halifax savings account for 100 years, and makes £5 interest. But then, one day she accidentally takes out too much from the ATM, and loses that £5 in overdraft fees in one day
I was about to post saying "It's not that bad, she'd actually get £5.12 interest!!
"
But no! Due to rounding you will never actually get any compound interest on £100 for 100 years, so it's a measly £5 :rotfl:0
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