<>
<>
The new football season kicks off this weekend and millions of fans will be cheering on their team.
But as players’ wages and transfer deals spiral, clubs are more eager than ever for fans’ financial support.
Many clubs offer savings accounts and credit cards which give them cashback – but are you scoring an own-goal if you use them?
SAVINGS ACCOUNTS
Football clubs have been offering savings accounts for years. In the early days, you would earn embarrassingly low rates of interest on your money but things have improved.
Last year, Wolverhampton Wanderers was paying 5.25% on its own-branded savings account, which would have put it among the best buys. This rate has been slashed now to 0.75% to reflect the Bank of England base rate cuts. But even at 0.75% it’s still better than many high street banks.
Sitting top of the table is Portsmouth’s Pompey Soccersaver, paying 2.2%. While it’s not as good as …
Read the original article at Mirror
Related Posts
Tags: account, Banks, buy, Car, Cards, cash, Credit Cards, deal, England, finance, financial, money, pay, savings, Savings Accounts, UK
