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Original poster

3% interest

6 replies

Chrunchy007 · 23/09/2020 14:57

Today one bank announced this on a regular saver account

I investigated, it pays £9.88 interest if you save the maximum

Is it worth it ?

(Aware some people have lost their jobs)

OP posts:
dementedpixie · 23/09/2020 15:18

I gather the deposit amount is limited then?

Original poster
Chrunchy007 · 23/09/2020 17:30

£50 per month max
Plus need a current account with same bank

OP posts:
W00t · 23/09/2020 17:34

If it's NW, it's limited to £3k too.

userxx · 24/09/2020 08:14

Which bank ?

SunFl0werSun4 · 24/09/2020 12:22

Natwest

BarbaraofSeville · 24/09/2020 21:23

The idea is to encourage people to save a modest emergency fund, so while the amount of interest paid is small, it's a little bonus, along with the peace of mind that comes with having a bit of money put by for things like washing machine replacement or car repairs.

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