Also with this option Interest accrues daily but is only credited to the account annually on last working day of December each year whereas with Halifax it was added 4 times a year. Does this make a difference?
The Anglo account is "Available by post, telephone or branch" Does this mean that there is no interent access to the account as is with Halifax?
Is the Anglo option the best on the market at present or are there better alternatives available.
I suppose in summary I'm looking for an online, high interest, demand account
Any advice would be much appreciated
Just clarify while you correct at saying that the only way you can have two accounts at the same time is by having an individual and a joint account there is nothing stopping you from closing one account after 12 months and opening another so as to avail of the high 1 year interest rate for anotehr year. As teh OP has indicated that his original Flexi Saver account is over 1 year old this is a good option... I did it just last weekHalifax will not allow you to open another Flexisaver account ( unless they have changed this rule in the last two weeks), unless you are married and you can open two - one on your own, and another one as a joint account with your spouse.
Many thanks for all the advice and sugggestions. I like the idea of closing the Halifax and reopening it at thhe higher 1st year rate. I found the online transaction capability very handy and would be put off if anglo is just read only. The only problem is what will happen to Halifax after September??
Halifax will not allow you to open another Flexisaver account ( unless they have changed this rule in the last two weeks), unless you are married and you can open two - one on your own, and another one as a joint account with your spouse.
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