S
smiley4ever
Guest
hi, its first time posting and i just need some advice.
I have 6000k in a reg saver at 8%aer. I have 38000k in a fixed term at 5.25%aer. I needed to withdraw 2400 and the girl in bank wasn't very helpful advising on which I should withdraw from. I can withdraw from either without penalties but she thought it better to take it from the reg saver (8%) because i'd lose more interest if i took it from the fixed term as its bigger amount(38k @5.25%)
I'm not great at maths but in my head i'm thinkin i should have taken it out of the 5.25% account as i'd actually be losing less interest. can anyone help me out please?
thanks
I have 6000k in a reg saver at 8%aer. I have 38000k in a fixed term at 5.25%aer. I needed to withdraw 2400 and the girl in bank wasn't very helpful advising on which I should withdraw from. I can withdraw from either without penalties but she thought it better to take it from the reg saver (8%) because i'd lose more interest if i took it from the fixed term as its bigger amount(38k @5.25%)
I'm not great at maths but in my head i'm thinkin i should have taken it out of the 5.25% account as i'd actually be losing less interest. can anyone help me out please?
thanks