Interactive Investor cash savings through Flagstone
Posted: December 20th, 2019, 6:01 pm
As an II customer, I was sent a link to their new 'Cash Savings' offering: https://www.ii.co.uk/ii-accounts/cash-savings
This is for savings between £10,000 and £250,000, and is done through Flagstone, which already runs a similar 'hub' platform for individuals with over £250,000 to save: https://www.flagstoneim.com/
Flagstone gives the highest rate available for various accounts, but the small print points out that it can depend on the amount you invest, and don't say what you need to save to get any particular rate; II says "up to" 2.25%, without saying how much, or how long (that figure is listed for a 3 year term on the Flagstone site) you have to invest to get that. It seems you have to sign up to find out, which is annoying. But they look like good rates, if they're available for reasonable amounts (under the FSCS compensation limit, for a start).
Has anyone used it/signed up, stand-alone or through II? Or can anyone find out what amounts are needed to get the Flagstone-advertised rates, through II?
This is for savings between £10,000 and £250,000, and is done through Flagstone, which already runs a similar 'hub' platform for individuals with over £250,000 to save: https://www.flagstoneim.com/
Flagstone gives the highest rate available for various accounts, but the small print points out that it can depend on the amount you invest, and don't say what you need to save to get any particular rate; II says "up to" 2.25%, without saying how much, or how long (that figure is listed for a 3 year term on the Flagstone site) you have to invest to get that. It seems you have to sign up to find out, which is annoying. But they look like good rates, if they're available for reasonable amounts (under the FSCS compensation limit, for a start).
Has anyone used it/signed up, stand-alone or through II? Or can anyone find out what amounts are needed to get the Flagstone-advertised rates, through II?