Investec High 5 - opinions please

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What do people think of this:

http://www.investechigh5.co.uk/

spool._2f_high_5f_5_23_25737_23_Image-MediaFile.jpeg

Our High 5 account pays the average of the 5 highest interest rates on the market. No more shopping around or moving your money – just one top-5 rate for everyone, always.
  • Tracks the 5 highest rates on the market2
  • Interest rate adjusted weekly
  • No introductory bonuses - one market-leading rate for everyone
  • £25,000 minimum deposit. 3 months' notice for withdrawals

Cheers fj

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    edited 11 March 2010 at 12:40PM
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    Great account, great customer service. For a long-term savings account it does the business.

    Postal operation (though BACS in and out), but when you're treating it long-term that's no drawback.

    do a search on the forum for other threads, or see here.

    ps - Saga did a similar account but the rates were nowhere near as good. When calculating what the average of the top 5 accounts was, Saga excluded bonus accounts and notice accounts, which are usually higher paying. Investec includes these, so their 'average' is much higher.
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
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    Thanks G_M, actually I just spotted another thread on the very same account with 28 posts in it

    fj
  • simonfitba
    simonfitba Posts: 176 Forumite
    First Anniversary Combo Breaker Photogenic
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    Don't forget the £50 for new account holders if referred by an existing customer. I did this when I opened my account and got the cash straight away. See the referrals board for more details.
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