Don't Be Lured by a Short-Term Bonus

Daily MailMay 01, 2008

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Summary


THE credit crunch is throwing up a string of savings accounts with headline rates well over 6 pc and though flagged as easy access, they have several restrictions.

Marketing men are coming up with ever more ingenious ways to make sure that their rate looks best, making terms and conditions of accounts increasingly complicated.

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Extract


Don't Be Lured by a Short-Term Bonus

This month saw the arrival of Birmingham Midshires Guarantee Reward account paying 5.08pc after savings tax (6.35 pc before tax) and giving easy access...

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