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Is it worth getting an Abbey Time Deposit (Santander Group)?


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Written on: 10.11.2009 [11:48]
Kavi
Kavi
Topic creator
Posts: 2
I have been reading about the Time Deposit Santander Group offer through Abbey, but am a little unsure as to its details. I have some money that I would be able to put aside but for no longer than 2 months. Would it still be worth putting it in a Time Deposit rather than just a normal savings account?
Written on: 04.12.2009 [11:41]
Hope
Hope
Posts: 2
I would definitely think so. They are based on the money market and not on the base rate meaning that you could probably get a higher rate. Plus with most savings accounts you have to stick to a certain amount of time before you see any return. At least this way you could set one up for 2 months and get a return straight away.  But you know that you have to have a minimum of 50k and it has to be corporate money.




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