I have a UB SIDA account and a home saver account at .85%( used just to save) but there are limits I think of 1000 a month on SIDA and 2500 on HS. Does anyone know what happens if you transfer more in the monthly limit in terms of rates? I can do the transfer but not sure if this means anything over limit misses out on the rate.....
UB monthly limits on regular saver rates
- Thread starter Ndiddy
- Start date
Don't the terms and conditions clarify what happens in this scenario?
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In theory the money could be returned and you may not qualify for the rate.
In reality this may not happen.
But I would that you are best sticking to the monthly allowable ranges.