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NR or NS&I? for safety
pioneer31
Posts: 330 Forumite
I see Northern Rock are offering a 6% esaver whereas NS&I are offering 4.4% (over 50k).
I'm still a bit nervous about NR since the problems of last year, even though it is govt backed. Should I go for it?
I'm still a bit nervous about NR since the problems of last year, even though it is govt backed. Should I go for it?
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Comments
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You can get much better rates now - some of them are fixed term, some not. Best to look at Martin's recommendations which are updated regularly.0
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Since the government has more than 28 billion quid of tax payers money in NR, they'd probably rather let the NS&I go bust right now.I see Northern Rock are offering a 6% esaver whereas NS&I are offering 4.4% (over 50k).
I'm still a bit nervous about NR since the problems of last year, even though it is govt backed. Should I go for it?Hope for the best.....Plan for the worst!
"Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown0
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