I just happened to be studying the Best Buy tables this morning, after breakfast, and see that my building society has issued yet another new account with higher rates of interest.
I've been a customer with them for years. Nevertheless, they still do not let existing customers know about these new accounts with better rates. Sharp practice. Customers must be canny, sharp themselves and really keep a beady eye out for this.
The present account pays 6.15% gross. The new account shall pay 6.51% gross.
The moral of it is: you must help yourself; they won't do it for you. It's easy to open a new account and transfer online from the old one.
Sunday, 10 August 2008
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