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Switching bank

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Comments

  • Eco_Miser
    Eco_Miser Posts: 4,932 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    BM29 wrote: »
    looks like i'm going to the Halifax next less hassle and stress.

    How about TSB and Lloyds to get 5% or 4%? Halifax just pays a straight £5pm.
    Eco Miser
    Saving money for well over half a century
  • jimjames
    jimjames Posts: 18,877 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Eco_Miser wrote: »
    How about TSB and Lloyds to get 5% or 4%? Halifax just pays a straight £5pm.

    And you don't even need to switch to get those rates, just run alongside your existing account if you're happy with their service
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Minrich
    Minrich Posts: 635 Forumite
    Seventh Anniversary 500 Posts Combo Breaker
    TERRYGL wrote: »
    And with the probs that Tesco is in at the mo is their banking liable to suffer too.

    Terry

    Tesco problems ? What a company making £1.4bn when its doing badly ! Don't worry yourself about what doom and gloomers say about them and the media repeat as they love bad news !
    Your money is protected up to £85000 at any bank.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Minrich wrote: »
    Your money is protected up to £85000 at any bank that is part of the FSCS.

    Added a qualifier for you but essentially I agree with what you said. Tesco is part of the FSCS.
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