Tuesday, Sep 12, 2006
12% its coming to get you...
MoneyExpert: Alliance and Leicester launches 6.1% current and 12% savings accounts
You may hate them but when it comes to money (at least making it), banks know what they're doing. A&L clearly have confidence in higher rates allowing them to recoup some of the 12% interest rates offered on their savings account.
Posted by miniftse @ 10:32 AM (154 views) Add Comment
2 Comments
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1. European-bear said...
Seems a lot better return than BTL.....
2. Boarder said...
Are they doing a reverse carry trade with Iceland (who offer 13.5% interest rates?)