Is the Bradford and Bingley esavings account safe?
| Author | Message |
|---|---|
|
Written on: 15.01.2010 [04:40]
|
|
|
pia
Pia
Topic creator
Posts: 3
|
I have been having a look in to opening a savings account and because I found quite a few online accounts I started to think about opening a Bradford and Bingley esavings account. I have been with Bradford and Bingley for a while now and have a couple of their products, however I am not sure about all this online business. Is it safe? The rates are higher and it does seem easy to manage but I would like to know what people think the disadvantages are of such an account? |
|
Written on: 17.01.2010 [01:15]
|
|
|
List
List
Posts: 1
|
I would have thought that these types of savings account would have to be guaranteed in the same way as normal accounts by the FSA. They are a product offered by the same company so what difference does it make if they are online or not. If anything they need to be more protected than others due to the potential risk of hackers etc. I would say that the only inconveniences are that many people are not comfortable with online accounts and like the comfort of seeing bank advisors etc. It is true it is very impersonal and you need to be able to use a computer, so many people do not. |
| Also very interesting: | |
