I'm considering investing in above as opposed to usual 12 month deposit etc. They have an Energy Account for 3.5 year term. Not sure whether to jump or not & if so, whether to go for their safer Secure or riskier Growth version. Anyone out there have experience of this product & what would their advice be??
KBC 'Structured Products' - pitfalls?
- Thread starter DaveL60
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Brendan Burgess
Founder
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That Tracker Bonds post was from 4/5 years ago when returns on deposits were decent. Might they not be more attractive option now with interest rates so low? Came across the KBC product on their website when looking at alternatives.
Should I just go & spend the funds due to mature shortly ???
Should I just go & spend the funds due to mature shortly ???
Brendan Burgess
Founder
- Messages
- 52,034
It's extremely unlikely that they have improved. They are designed to fool consumers into thinking that they are getting something other than a deposit account.
Brendan
Brendan