Closing 123 account timing

badger09

evergreen wrote: »

Where have you found a rate of 3% if you don't mind me asking?

Tesco, BoS.
4% @ Lloyds. 5% @ Nationwide & TSB

All the above are current accounts, each with its own T&Cs.

up to 5% is available on various regular savers.

Lots of information on this forum & on the main site.

evergreen

I thought the post mentioned 3% specifically , and as he can have£20000 in 123 account, I thought he was putting money in an account which would give him 3% Gross or 1.8% net as he said.

bigadaj

evergreen wrote: »

I thought the post mentioned 3% specifically , and as he can have£20000 in 123 account, I thought he was putting money in an account which would give him 3% Gross or 1.8% net as he said.

Excluding regular savers there is £4500 available at 5%, £5000@4%, and £21000 @3%.

darkidoe

Hmm the great November Debate. Santander 123, to switch or not to switch. To switch means I have to open more accounts and regig my current account cycling....

evergreen

bigadaj wrote: »

Excluding regular savers there is £4500 available at 5%, £5000@4%, and £21000 @3%.

Thank you. What account is £21000 at 3% please, as that is the one I don't know about.

Onawingandaprayer

evergreen wrote: »

Thank you. What account is £21000 at 3% please, as that is the one I don't know about.

Yep, desperate to know that one too...

AlwaysLearnin

I presume they mean 3 x BOS Vantage and 2 x Tesco

smjxm09

I switched on the first day of the month and noticed that I got £2 interest instead of the normal £50 for the previous month. I contacted customer services who raised a case number and today I received a letter apologising and got my £50 back.