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Protecting Money
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I like your suggestion of transferring the money to a savings account. I have a current and savings account with the same bank. I could transfer the money electronically, and then transfer it back when I need to purchase.
Regarding banks covering loses, I assume that if one has not been negligent then the bank would likely refund.0 -
According to the bank, they cover fraudulent losses (100%)0
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anon_private wrote: »According to the bank, they cover fraudulent losses (100%)
As I say, not if you're grossly negligent.
Read the bank's terms and conditions. (Which bank is it?)0 -
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