Hi
I have a Rabo account which from today will yield 4.3%
I see that you can get over 7% for regular savings elsewhere (up to about a max of 1000 per mth lodgement). It seems to make sense to me set one of these up and gradually siphon 1k per mth from Rabo, leaving the remainder to still get 4.3%. Am I being over simplistic here?
Once it has all been moved I can drop the 1k lodgement per mth to something more affordable
All advice welcome
TIA.
I have a Rabo account which from today will yield 4.3%
I see that you can get over 7% for regular savings elsewhere (up to about a max of 1000 per mth lodgement). It seems to make sense to me set one of these up and gradually siphon 1k per mth from Rabo, leaving the remainder to still get 4.3%. Am I being over simplistic here?
Once it has all been moved I can drop the 1k lodgement per mth to something more affordable
All advice welcome
TIA.