Return of Icesave Savings ?

[whisturx]

My recommendation was in the Express Money section in December 07. Stating that as a drop in the bank rate was on the cards, look for a fixed rate bond over as long a period as you could with the top paying banks on their Best Buy lists. The warning I picked up in March was in the Mail on Sunday financial pages,but I was stuck into a three year fixed bond by then. Several banks allow withdrawal on a 90 day or more loss of interest, but not Icesave.

I still have an email confirming their assets and how they were not involved with the US sub prime lending.when I changed my account to a joint account to come below the £70 k limit (as it was then)

I suppose us amateurs all fall for the wording "fully covered by the FSCS up to £50k" which used to mean 100% safe. Not any more

 

Fortunately we changed our mind about a special offer from MFI !!