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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
magazine5% cash
Nationwide’s FlexDirect current account is offering 5% fixed interest for 12 months on up to £2,500 cash. This may appeal to someone with a diversified investment portfolio who wants a proportion of assets locked away as a cash buffer for unforeseen events. You need pay in £1,000+ per month. After 12 months the rate falls to a measly 1% annual interest.
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