Advantages: The bonous bonds do offer a reasonable rate, but it could be beaten elsewhere. Disadvantages: The notice period, bonous, variable rate, transfare account ect.
...invest there.
The golden rule with Scarborough (and anywhere else for that matter) is to read the small print carefully. Don't just sign up when you see the headline rate. Does it contain a bonous? Is it fixed or variable rate? Is the account for a certain period of time? Most importantly, what is the notice period on the account?
So be careful - you have been warned. ...
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