Just noticed on the Anglo website that the interest rate on the premium demand account has been dropped from 5.5% to 4.75%.
One of the very few reasons for keeping funds in this bank was the quite attractive demand interest rate. After this change, for now at least, other banks (like Northern Rock) are offering higher demand rates so it is worth considering getting your funds out Anglo now to seek a better rate.
I have no affiliation with Anglo, Northern Rock or anyone else. I just want to get a good level of security with best rate of return on my deposits like many others on this forum.
One of the very few reasons for keeping funds in this bank was the quite attractive demand interest rate. After this change, for now at least, other banks (like Northern Rock) are offering higher demand rates so it is worth considering getting your funds out Anglo now to seek a better rate.
I have no affiliation with Anglo, Northern Rock or anyone else. I just want to get a good level of security with best rate of return on my deposits like many others on this forum.