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Best Time to Moving Accounts

martin_amery
Posts: 22 Forumite
Hi can anyone help -
I am about to move some of my savings from an account paying variable interest rates (monthly) to another bank paying a fixed rate (monthly).
Is there a best time during the month to move it, minimising loss of interest.
Martin
I am about to move some of my savings from an account paying variable interest rates (monthly) to another bank paying a fixed rate (monthly).
Is there a best time during the month to move it, minimising loss of interest.
Martin
Martin
0
Comments
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As long as there are no constraints on the account, then you can open and close accounts at any time without losing interest. You will get the interest up until you close the account and from the day you open it.Noobie (not so
) trying to make loads a dosh - please bear with all my questions :beer: Thanks
0
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