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Would banks give you a higher rate than normal if investing

 

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daisy333



Joined: 08 Mar 2011
Posts: 598

PostPosted: Tue Jan 17, 2012 3:03 am    Post subject: Would banks give you a higher rate than normal if investing Reply with quote

If searching on various financial websites in UK you find that the best interest rates for banks building societies are normally between 6 and 6.3% (depending on whether it is a bond or if notice is required) for investments of up to £500,000. If you had a theoretical £1,000,000 would the banks give you a higher rate than at £500,000 or would it be less or would they negotiate different term


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