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Interest rate on savings
Natmour1
Posts: 16 Forumite
I know I sound really silly, but I wanted to ask a question about savings. On one of my accounts, it says that any money between 0-£5k gets an interest rate of 6% and anything £5-£10k gets 1.75%. Does this mean anything from 0-£5k would get 6% and anything over that gets or 1.75%, or if I say I would out in £8k I would only get 1.75% for the whole.lot? Thank you!
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Comments
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You get 6% on the first £5000 irrespective of how much you have in the account.0
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Thank you!0
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So do not put more than £6K in it !Natmour1 said:Thank you!1 -
Fixed that for you 🙂Albermarle said:
So do not put more than £5K in it !Natmour1 said:Thank you!1
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