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!

3 day clearance tactics

Options
13»

Comments

  • Walletwatch
    Walletwatch Posts: 1,055 Forumite
    koru wrote:
    Carrying cash around doesn't seem a good answer to me. The interest saving is not worth the risk. For instance, at 5% interest, one day of interest on £10,000 is about £1.40.

    For bigger sums, it would be better to pay for CHAPS same day transfer or special cheque presentation, rather than walk around with that much cash.

    I don't disagree, but in my case, I work in Canary Wharf, and moving cash from one bank to another is literally walking five to ten steps from one branch to another, they're all so clustered together, so I don't really mind the risk...
    It's always the grass that suffers, irrespective of whether the elephants are fighting or making love !!!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.