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Savings for 1.27% without Faster Payments, or 1.2% with
surreysaver
Posts: 4,916 Forumite
What are others' thoughts? A Post Office Saver for 1.27% where the money disappears for a day or two earning no interest while its being transferred, or Tesco for 1.2% where it transfers instantly?
I consider myself to be a male feminist. Is that allowed?
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Comments
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Do the sums.
Every time you deposit £2,000 you'll lose one penny
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Tesco, even the one I've got now at 1.16%
What about the BM saver at 1.25%? Bit of a faff to open and the online interface leaves a lot to be desired but it does do FP in and out.0 -
My vote goes to Tesco.HNY:A0
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My vote is wait, others will soon play catch up with ' the market leaders' and interest rates are on the way up.0
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Ah but by rate-chasing as they rise, you not only get the highest rates, you also benefit from compounding interest each time you close an account.....My vote is wait, others will soon play catch up with ' the market leaders' and interest rates are on the way up.
Unless it's the PO of course!0 -
Post office savings accounts are like travelling 10 years back in time0
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