We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Question about Bradford and Bingley esaving account

Options
I opened this account and a day later they cut the intrest rate, can I leave £1 in it or does the balance have to be above £1000 ?

Comments

  • masonic
    masonic Posts: 27,181 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No, you need to keep £1000+ in the account. I don't see why you can't close the account, though, but do you really have anywhere that would be much better to put the money?
  • masonic wrote:
    No, you need to keep £1000+ in the account. I don't see why you can't close the account, though, but do you really have anywhere that would be much better to put the money?


    yeah, ive got a first direct account
  • masonic
    masonic Posts: 27,181 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you think it's worth an extra £1.50 per year per thousand (minus lost interest during the transfer), then go for it.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.