Keep switching around as finding better interest rates?

gascar

sheslookinhot said:

Just moved a £10000 from Tesco to Sainsbury. (3.45% to 3.76%).  I’ll move another £20,000 over the next two days.

Look at First Direct. Their 4.6% account. You can close any time which if before , er(?), July'24  only costs you £100. You get full interest up to that day.  £100 isn't much on £20000, it's 0.5%. If he leaves the money in there 217 days or more, he's better off. If he leaves it to full term, he'll be £168 better off. You can't add to it, but you can open as many accounts as you like. They're excellent to deal with and part of HSBC which is  - quite big.