Savings interrest q...
 

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[Closed] Savings interrest question

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Posts: 0
Free Member
Topic starter
 

Ello,

Having a bit of a blonde momment.

I have a savings accout which has an interrest rate of 2.05% with a bonus of 1.95% fixed for 12 months.

This will no doubt sound dumb but basically that means i get a 4% interrest rate on the savings ?


 
Posted : 09/10/2013 10:16 pm
Posts: 17
Free Member
 

Probably, but read the small print!


 
Posted : 09/10/2013 10:17 pm
Posts: 43345
Full Member
 

I suspect the 2.05% includes the Bonus but, as above, read the small print.

If you are getting 4%, mind telling us what account it is?


 
Posted : 09/10/2013 10:23 pm
Posts: 47
Free Member
 

Mmmm, depends on what is meant by "with". I'd get clarification it isn't 2.05% [i][b]including[/b][/i] 1.95% bonus. 4% is pretty darn good at the moment.


 
Posted : 09/10/2013 10:25 pm
Posts: 0
Free Member
Topic starter
 

Hmmm not sure then, it might be the "2.05 inc bonus" thing then.

Although in saying that im positive at the time of opening it was 2.05% plus an additional 1.95% bonus if you dont touch the money for a year, which i haven't.


 
Posted : 09/10/2013 10:28 pm
Posts: 43345
Full Member
 

Well - if you're positive, why ask? 😉


 
Posted : 09/10/2013 10:35 pm

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