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Currently I got excess money that is in 1.2% Marcus.
Im looking at 1.45% notice account for money I don't need urgently but have the flexible should I need it. I got a couple question about this account as I never held one before.
1) is there a time limit of pay in money into the account. (I know some fixed account only allow 14 days to pay in)
2) do u accure interest while u r waiting for you money after u gave 95 days notice?
3) is there a limit how many time you give Withdraw notice in a year?
4) can I give notice every month? And in effect making this account a flexible account where I have money coming back to me to spend, and if I don't need it, I just pay it back in. Does this plan work?
Im looking at 1.45% notice account for money I don't need urgently but have the flexible should I need it. I got a couple question about this account as I never held one before.
1) is there a time limit of pay in money into the account. (I know some fixed account only allow 14 days to pay in)
2) do u accure interest while u r waiting for you money after u gave 95 days notice?
3) is there a limit how many time you give Withdraw notice in a year?
4) can I give notice every month? And in effect making this account a flexible account where I have money coming back to me to spend, and if I don't need it, I just pay it back in. Does this plan work?
0
Comments
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1) Check the T&Cs.
2) Yes.
3) Check the T&Cs.
4) Check the T&Cs for any limits of withdrawals and if you can add more money to the account after a set initial period."If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0
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