Bank of England Rate Cut

[#1]

I would be tempted by the rate, but I'm put off that they can lower the rate if they choose to, and yet you cannot get out of the deal without forgoing any interest.
With that kind of agreement, NS&I seems like a sensible enough option, at least then you know its a gamble!

[#2]

Quote from: chillypenguin

This is what I was intending to link to; Halifax Children Regular Saver 10% Gross for £10 to £100 per month. Sorry Pierre, shutter you're an little to old.

Thanks Chilly, I'll have a look at that. We have got a fixed term bond for them at the moment at 6.5% but also do monthly saving so might well switch to that.
Might open the other one too....

[#3]

Here's a great offer from the Bank of Scotland.  Take a look at the interest rate towards the bottom of the ad.
http://www.bankofscotland-international.com/personal-banking/international-banking/current-account.a...

[#4]

Also

Quote

Minimum opening balance £5,000 – you don't need a big balance

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To a great many people that is a BIG balance

[#5]

Yes, it's surprising how they write off £5000 as 'not a big balance'.  Maybe they should think of that when you ask for a loan