Nationwide UK doesn't get a Best Buy for Term Deposits - why?

S

slippy

Registered User
Messages
6
In the (excellent) post
Best Buy Term Deposits (Fixed Lump Sum Savings)
Click to expand...
I see Nationwide UK doesn't get a Best Buy for it's 1 year fixed at 3.4%, but Investec does for its equivalent account at 3.0%. Both are protected by the UK FSCS Scheme. Is there a reason for this I'm not aware of?
And all the state-owned Irish banks offering 3.5% get Best Buys, though most of them have in the footnote "has a low credit rating."
The headline rate isn't the only thing to make a product a Best Buy surely?
 
Hi Slippy,

Investec offered 3.60% for a one year term deposit until very recently. I had a best buy tag there because of that.

I have now removed the best buy tag as they no longer offer 3.60%.

Thanks for pointing this out.
 
You must log in or register to reply here.
Menu
Log in
Register