MegaSack DRAW - This year's winner is user - rgwb
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Topic starter
Hi,
Simple question, i think i know the answer but you never know.
Im looking at a savings account which has an interrest rate of 2.05% variable with a fixed bonus of 1.95%
I gather that means you get 1.95% + whatever the variable rate sits at? So say it was 2% you get 3.95% on whatever your savings total is ?
Posted : 07/11/2012 9:57 pm
Sounds right but these sort of things have a habit of dropping, often to a pittance, after a short while. Keep an eye on it.
Posted : 07/11/2012 10:07 pm
Topic starter
Yeah i've read about that.
Im planning to have it for a year then move on to something else.
Posted : 07/11/2012 10:14 pm
that'll be gross, before tax...
Posted : 07/11/2012 10:17 pm