Moneynet in The Press
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savers gain from current account deals
Published: 20/12/2008 |
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Financial Times – 20th December 2008 Halifax is to launch a current account that will allow customers to earn double-figure returns on limited sums, offering another unconventional route to high cash yields for some investors. The bank’s new Reward Current Account will pay users £5 a month, irrespective of their balance and net of basic rate tax. This flat rate payment is instead of a specific interest rate. Moneynet.co.uk, a comparison service, said that while the straightforwardness if the charging was a positive, borrowers stood to be worse of in a range of scenarios. |
