PBS Double access issue 2.

Bob2000

Just a bit of other options, please.

I currently  have the account  in the title  of this post with just a tad over 1k in it. It's due to mature  in early  January. Do you think it worth adding another 1k before it ends?
 It's NLA I think too.

eskbanker

Who are PBS and what's the interest rate?  Even if the account still allows deposits, it's unlikely to be worth putting more money in unless the account beats current best buy 5+% accounts by some margin, but there are only a few weeks left until early January so any benefits would be marginal at best....

Bob2000

eskbanker said:

Who are PBS and what's the interest rate?  Even if the account still allows deposits, it's unlikely to be worth putting more money in unless the account beats current best buy 5+% accounts by some margin, but there are only a few weeks left until early January so any benefits would be marginal at best....

Principality building society.  The interest  rate is 4.5.
I won't bother then even if l can deposit  into the account. 

eskbanker

Bob2000 said:

eskbanker said:

Who are PBS and what's the interest rate?  Even if the account still allows deposits, it's unlikely to be worth putting more money in unless the account beats current best buy 5+% accounts by some margin, but there are only a few weeks left until early January so any benefits would be marginal at best....

Principality building society.  The interest  rate is 4.5.
I won't bother then even if l can deposit  into the account. 

Just to check, will you be putting that extra £1K somewhere that'll earn a better rate than 4.5%?

Bob2000

eskbanker said:

Bob2000 said:

eskbanker said:

Who are PBS and what's the interest rate?  Even if the account still allows deposits, it's unlikely to be worth putting more money in unless the account beats current best buy 5+% accounts by some margin, but there are only a few weeks left until early January so any benefits would be marginal at best....

Principality building society.  The interest  rate is 4.5.
I won't bother then even if l can deposit  into the account. 

Just to check, will you be putting that extra £1K somewhere that'll earn a better rate than 4.5%?

I'm currently  looking at another PBS account  4.8% variable  or maybe Coop  bank  at 4.6 also variable. The main reason is that l already have accounts with both providers.
But I am open to suggestions. 

DRS1

I have a PBS variable rate account and the rate is going down on 5 December.  Not sure about the Co-op.

Bob2000

DRS1 said:

I have a PBS variable rate account and the rate is going down on 5 December.  Not sure about the Co-op.

I'll  have a look at their site. To check.