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Is there any good reason for keeping a Smile account these days ?
wombat42_2
Posts: 1,312 Forumite
I started a Smile current account/savings account/ISA about 7 years ago when Smile were seen as internet pioneers with good customer service and top interest rates. In the last few years their interest rates have plummeted. As they dont have any branches you would expect them to beat the competition's interest rates as compensation but they do not.
I am shifting to Nationwide as, although Nationwide's interest rates are not the best they are better than Smile and they have a huge number of branches which can be used to pay money in and out. Also Nationwide are virtually unique as they dont charge for foreign tranactions with their debit card.
I am shifting to Nationwide as, although Nationwide's interest rates are not the best they are better than Smile and they have a huge number of branches which can be used to pay money in and out. Also Nationwide are virtually unique as they dont charge for foreign tranactions with their debit card.
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