1. Home
  2. UK Finance Discussions
  3. TheUniversalBulidsociety V OneAccount

TheUniversalBulidsociety V OneAccount

Hi All,

1) Can anybody give any positive and negative feedback about Universal

2) What are the pros/cons for a Universal prodcut as opposed to One Account

formatting link
i.e. The universal product is saving offset(BOE+.50) and the one account is a current account type mortgage whose rates tend to be higher. They both have no tie ins.

Thanks your help in advance Gurmej

Reply to
Gurmej
Loading thread data ...

Sorry, I've never heard of them.

Daytona

Reply to
Daytona

the most obvious difference is that you will get more benefit from a current account mortgage than from a savings account offset (with cheques taking "up to 8 days to clear") as the money in your current account won't be offset.

there are ofset deals with current accounts elsewhere, as well as current account mortgages.

Phil

Reply to
Phil Thompson

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.