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Starling current account Interest Rate now 3.25%

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Comments

  • That is a nice addition. Presumably it applies to spaces as well as the main account? Has anyone received an email from Starling? I wouldn't have known about this if it wasn't for you amazing people.
  • ircE
    ircE Posts: 276 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    No one seems to have mentioned the rate only applies to the first £5,000... Good for people who use a Starling current account as their main account but nothing to get excited about for anyone else as far as I can see.
    I no longer check the forums as regularly as I used to. If you wish to catch my attention please remember to tag me (@ircE) so I get a notification.
  • Cashmygiro
    Cashmygiro Posts: 101 Forumite
    10 Posts
    ircE said:
    No one seems to have mentioned the rate only applies to the first £5,000... Good for people who use a Starling current account as their main account but nothing to get excited about for anyone else as far as I can see.
    Some people are never happy. It's a current account and I use it as a current account so it's nice to get a bit of interest on my current account money before the shopping is done and the bills are paid.

    Most of my savings are kept in 5%> accounts.
  • Rob5342
    Rob5342 Posts: 2,703 Forumite
    1,000 Posts Third Anniversary Name Dropper
    ircE said:
    No one seems to have mentioned the rate only applies to the first £5,000... Good for people who use a Starling current account as their main account but nothing to get excited about for anyone else as far as I can see.
    Some people are never happy. It's a current account and I use it as a current account so it's nice to get a bit of interest on my current account money before the shopping is done and the bills are paid.

    Most of my savings are kept in 5%> accounts.

    Indeed. It's a current account so it should only contain money that is going to be spent by yournext pay.day.
  • Lions_89
    Lions_89 Posts: 151 Forumite
    100 Posts
    edited 2 October 2023 at 4:56PM
    Well I applied for an account with Kroo and this was rejected. I assume this is because I have fraud protection marker and they couldn’t be bothered or didn’t know how to deal with it. Maybe Starling it is!
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,209 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I saw the message on my starling app today.  It means I don't have to transfer all spare money over to savings now so I am happy.  Better than the 0.05% which was a joke and hardly worth bothering about. 
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