Interest Rates are both Dire & Dangerous

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Cahoot Internet Banking www.cahoot.com
★★☆☆☆
1.6
18.0% of users recommend this
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Guest's review of Cahoot Internet Banking www.cahoot.com

“Interest Rates are both Dire and Dangerous”

★☆☆☆☆

written by on 21/12/2013

As I read it, I get 1.10% on the current account and it drops to 0.50% on the so called Savings Account. This encourages people to put their money all in the current account to maximise their interest income and that account has to be less secure because if your card gets cloned, you can get cleaned out. Poor practice will lead to poor customers. AVOID

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