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I don't think 212 has the bonus rate model.
I understand their aim is to get a load of people to save with them in the hope that some of them get lured in to CFDs, for which they do make charges. That's what monevator seemed to reckon anyway.
frank9755-
The have a bonus for new joiners though I mean and their non bonus rate is still higher than my bank's rate and if it's an ISA then it's tax-free, right? So, other than giving yet another financial institution my details (and money) I don't see any real problem with it. I'll probably just forget to do it...
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If you're with 212, is there a referral scheme? ie. if you refer me, do we both get a free bitcoin or something?
hippy
Yeah, so that's why something like 212 sounds good. It'll get some bonus rate for 12 months and then drop I presume, but by then I'll either be happy with it sitting there or I'll be taking the money out and move elsewhere/spend. Same deal as my bank account bonus saver thing but earning more interest and tax-free or whatever.