Cahoot Simple Saver - Maturity

BigBlueSky

Just had my maturity letter for the above account which is due to mature on 23 August.

As per the T&C's, it will be converted into a Cahoot Savings Account paying 1.20% from this date.

Has anyone else been in this position, and are you able to just open a second Simple Saver account (before maturity) ?

Thanks in advance

youngretired

Nowhere in the T&C's does it state you can only have one Simple Saver. I've had 2 (different interest rates) since last year with no problems.