We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Savings accounts in email
Options

rb10
Posts: 6,334 Forumite
There's surely an error in this week's email. It says ...
This example isn't a valid one, as the AA account is run by Birmingham Midshires.
So if someone did as suggested above, they'd only have £150k protected.
Yet, if you've £200,000, simply spread it over four accounts, and it's all protected, eg, AA is 3%, West Brom BS is 2.92% and B'Ham Mids & Tesco are 2.75% (full pros & cons of these & more in Top Savings).
This example isn't a valid one, as the AA account is run by Birmingham Midshires.
So if someone did as suggested above, they'd only have £150k protected.
0
Comments
-
HI rb10
That is an extremely good spot! Sorry about that, we will change it now and for all future sends (the majority of people havent received their email yet)
Thanks again,
DanFormer MSE team member0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards