Quote:
Originally Posted by Mr K
The FSCS guarantee is all you need worry about for <£85k. ( unless the UK government goes bust of course!). The bigger banks have bigger over heads and their headline deals don't last long once they've snared enough in.
Premium bonds are also worth considering. For instant access you won't get better atm, depending on your luck of course, and I was very lucky last month  |
Northern Rock falk did not receive their money pronto, the Iceland situation...
Lots of Mickey Mouse banks, yes there is the FSCS guarantee but will you get it next day when they go bust?...will you get your money back from the Bank of India if there is litigation delaying the payment back?
And the Sharia banks, I do not understand the rules, do I need to?
Premium bonds is a no no for me.