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Kent Reliance Notice Account dropping now too

To be fair, they have included the option to withdraw without notice until the 26th June - but another nail in the savings coffin

Tier

From AER*

To AER*

£1 - £999

0.10%

0.10%

£1,000 +

1.50%

1.05%

The force is strong in this one!

Comments

  • MinuteNoodles
    MinuteNoodles Posts: 1,176 Forumite
    1,000 Posts Name Dropper
    If you've got a decent rainy day fund you're probably better paying down the mortgage and any existing debt instead of having it sat in a savings account to get a better return on your money if equity and bonds aren't your bag.
  • Boa21
    Boa21 Posts: 279 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    It is tricky. We're mortgage free, maxed out on premium bonds and ISA's. Although we have a small SIPP for Mrs Boa as an 'investment' I can't quite take the plunge on bigger sums tied up. Silver lining, keeping below the tax threshold on interest is getting easier to manage :smiley:
    The force is strong in this one!
  • csgohan4
    csgohan4 Posts: 10,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 14 August 2020 at 6:40PM
    just checked my account, it's now down to 0.7% from 1% for me, looks like more NS&I for me
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • csgohan4
    csgohan4 Posts: 10,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    heads up you can't fund the account using your debt card, needs bank transfer now. Got a message after querying them:

    Unfortunately, the debit card functionality is currently being reviewed and is temporarily unavailable.
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
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