- Before moving money or opening / closing accounts check what rates would apply at different balances. It may pay you to increase your balance if you are able to do so.
- If you transfer only part of the sum indicated above, then lower rates of interest may be earned on both the account you have transferred to and the remaining balance on your existing account.
- Before closing an account check that you do not lose any entitlement to windfall payments/shares.
- Check product information and rates with both savings takers before moving money or opening / closing accounts.
- Rates may change over time so a competitive rate now may not be a competitive rate in the future.
- Watch out for penalties or loss of interest when changing accounts and any different penalties the new provider may impose.
- Consider any other relationships you have with your existing savings taker, your own specific needs for flexibility and access to your money and the quality of service.
- Whilst every effort is made to ensure accuracy moneyextra cannot take any responsibility for any errors or omissions.
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