Paphos Life

I just discovered the following banking/savings organisation offering reasonably good interest on savings. Too good to be true yet again? Has anybody had dealings with them and/or invested with them? Any feedback is most appreciated.

WWW.freedom24.com

If you are going to share it you should give your opinion or experience with it... if you know, let me know.

I recently found Chase banking very good, I had money in Halifax with no interest, moved it to Chase, the savings account and currant account run together so you can move funds daily, all deposits go into the savings account with 4.1% interest and as i need money, i transfer it to my currant account that also gives 1.2% interest.

Wish I had found them sooner.

G

Can you use Chase if you are resident in Cyprus ? I thought that you had to have a UK address.

I don't know, I do have a UK address but it is only an on-line account. they have never posted anything to me, to open the account I did give them my UK address and a picture of my passport, the account was open in 3 minutes.

G

Freedom 24 is a broker who made news when they managed to help investors to sell Russian shares after the war in Ukraine had started (currently not possible anymore, as far as I know). IIRC they charge € 15 for each withdrawal. Therefore, I wouldn´t want it as an every-day account.