dozens - any good? 28 February 2019 at 1:03PM edited 30 November -1 at 1:00AM in Savings & Investments 3 replies 938 views

daveme

I am interested in the 5% interest from dozens.
Do we think they are good?

ColdIron

Existing thread on the banking board might be worth a look

https://forums.moneysavingexpert.com/showthread.php?t=5953486

glaister

The key point to be aware of is that it is not a savings account, despite the impression its advertising gives.

It is an investment product (and arguably a risky one at that) and that all your capital is at risk!

If you are looking at 5% from savings, you are better of looking at the TSB or Nationwide current accounts, or linked regular savers (HSBC, First Direct, Nationwide, M&S).

webjaved

I agree with what @glaister has said.