I've decided to spread my business reserve funds across multiple accounts in different banks. The reason is to ensure I keep below the £35k compensation limit with each bank. You just never know...
Currently with Abbey. So I'll keep £35k in there.
Considering opening an Business Reserve with Northern Rock. It currently pays just over 5%.
I can put it on 30 day notice if the rate makes it worthwhile.
Anyone care to recommend others?
Currently with Abbey. So I'll keep £35k in there.
Considering opening an Business Reserve with Northern Rock. It currently pays just over 5%.
I can put it on 30 day notice if the rate makes it worthwhile.
Anyone care to recommend others?
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