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bm 5.2%

surely this is the best savings a/c around

http://www.askbm.co.uk/savings/i/deposit/easy/intro.asp

let me know if i'm wrong? smacks the pants off the problematic icici?

Comments

  • Looks good for 12 months until the 0.65% bonus wears off.

    In the the meantime it might be worth holding fire, as after the interest rate shake-out, other offers could yet still appear?
  • anniecave
    anniecave Posts: 2,482 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I've also just calculated it will cost me almost as much in lost interest to transfer my savings from ICICI via my linked account to a new account with BM than I would gain with the .005% extra interest. And as I would then have to transfer it out when the 12 months is up and the rates drop, then it's a loser for me.
    I waited a while to open the ICICI account, and I've never had any problems with it. I'd still recommend it.
    I suppose if you don't have any savings with ICICI then the BM is a good account, especially if you plan to build up your balance.
    Indecision is the key to flexibility :)
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