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Bradford and Bingley Life offer
miller
Posts: 1,698 Forumite
Just seen an ad on the tele for Bradford and Bingley. Apparently they are offering a savings account at BoE rate + .25% for life.
I am always wary of "for life" offers, it seems they can change the T&C's like most providers with 30 days notice.
Its by no means a best buy at the moment anyway.
I am always wary of "for life" offers, it seems they can change the T&C's like most providers with 30 days notice.
Its by no means a best buy at the moment anyway.
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Comments
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Don't all ISAs adhering to stakeholder standards (what used to be CAT Standards) have a similar rate guarantee?
BoE plus 0.25% is pish anyway. If you really need a rate guarantee Kaupthing Edge (top instant access account anyway) is guaranteed to be at least 0.3% above BoE until at least 2012 - surely a change of accounts every four years isn't too much hastle.
You are also, of course, assuming that B&B will still be in existance "for life"#145 Save £12k in 2016 Challenge: £12,062.62/£12,000.00 Beginning Balance: £5,027.78 CHALLENGE MET
#060 Save £12k in 2017 Challenge: £11,03.70/£12,000.00 Beginning Balance: £12,976.79 Shortfall: £996.30:eek:
This is the secret message.0
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