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Ford Money Flexible Saver rate reduction
RG2015
Posts: 6,064 Forumite
I received an email advising me that my Ford Money Flexible Saver rate is reducing from 0.75% to 0.50% on 8 February 2021.
My surplus cash is in Coventry and Skipton instant access accounts currently paying 1.20% but I am not expecting these rates to last for much longer.
My surplus cash is in Coventry and Skipton instant access accounts currently paying 1.20% but I am not expecting these rates to last for much longer.
2
Comments
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had the same email today, have been keeping most of my instant cash with ford for some time so need to think about this one. Dont think i can do better than 0.5% at this time?I choose the rooms that I live in with care,
The windows are small and the walls almost bare,
There's only one bed and there's only one prayer;
I listen all night for your step on the stair.0 -
You could open a Virgin money current account to get 2.02% AER (variable) on the first £1k, them the same 0.5% AER variable on the remainder in the accompanying savings account.trickydicky14 said:had the same email today, have been keeping most of my instant cash with ford for some time so need to think about this one. Dont think i can do better than 0.5% at this time?
Whether it is worth it is another question.1 -
Thanks MDMD, all ready done that just waiting for my code to get my wine.
I think it was worth it.I choose the rooms that I live in with care,
The windows are small and the walls almost bare,
There's only one bed and there's only one prayer;
I listen all night for your step on the stair.0 -
The Ford Flexible Saver rate is reducing again from 0.50% to 0.40% from 10 May.RG2015 said:I received an email advising me that my Ford Money Flexible Saver rate is reducing from 0.75% to 0.50% on 8 February 2021.
My surplus cash is in Coventry and Skipton instant access accounts currently paying 1.20% but I am not expecting these rates to last for much longer.2 -
I see that the latest update to the Ford Money app now allows you to make withdrawals. Up until now it has only allowed you to view your accounts.0
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