Motley Fool: The Trouble With Instant Access Savings

If you withdraw money from ordinary savings accounts without giving considerable notice then you are penalised, usually with loss of interest and possibly a charge. Instant access accounts are different because they are about being able to withdraw money quickly without penalty.

Or so I thought! But if you make withdrawals from some instant accounts, you can lose out on interest….

Continue reading this article at the Motley Fool



Leave a Comment

Your email address will not be published. Required fields are marked *