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Closing and reopening savings accounts

Last post Thu, Apr 09 2009, 2:14 PM by knowlittle. 1 replies.
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  •  Thu, Apr 09 2009, 2:14 PM

    Re: Closing and reopening savings accounts

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    I'm sure you can find out easily, just download the T&Cs.

    K
    • Post Points: 5

  •  Thu, Apr 09 2009, 1:28 PM

    Closing and reopening savings accounts

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    I currently have a savings account which is paying a relatively low rate of interest, however there is an offer on the account for new customers of a much higher rate. Am i allowed to close the account, then reopen it to take advantage of this higher rate? Would i have to leave it a certain length of time or anything?

    Thanks
    • Post Points: 20