Whiteaway Laidlaw Bank 6.06%

Biggles

I notice Whiteaway Laidlaw Bank, now part of the Manchester Building Society, are right up there at 6.06% with their 60-day notice account, yet I never see a mention of them on here.

They appear to be FSA-regulated etc, there seem to be no catches. Anyone know anything good or bad about them?

bristolleedsfan

Biggles wrote: »

I notice Whiteaway Laidlaw Bank, now part of the Manchester Building Society, are right up there at 6.06% with their 60-day notice account, yet I never see a mention of them on here.

They appear to be FSA-regulated etc, there seem to be no catches. Anyone know anything good or bad about them?

http://www.wlbank.co.uk/wlb/news1.asp
http://www.wlbank.co.uk/wlb/news3.asp

ManAtHome

Dunno what their track record is, but during my brief relationship with the Manky B/S their "top of the heap" savings account dropped faster than a thing which drops very fast indeed...

Extra 1/10 of a percent (over IceSave) for 60 days notice..? Not one for me.

Biggles

ManAtHome wrote: »

Dunno what their track record is, but during my brief relationship with the Manky B/S their "top of the heap" savings account dropped faster than a thing which drops very fast indeed...

Extra 1/10 of a percent (over IceSave) for 60 days notice..? Not one for me.

Don't mind the 60 days notice bit as am not looking to move money around, so would be more concerned if MBS had a record of dropping rates after sucking in savers.

ManAtHome

Well, they wouldn't be alone in the old "suck and drop"... that's why I'm not keen on notice accounts unless there's a good premium.

Biggles

ManAtHome wrote: »

Well, they wouldn't be alone in the old "suck and drop"

Did I mention ING Direct?
;-)