https://www.tallymoney.com/fixed-rate-savings
Thoughts?
2% - but a guaranteed 1% administrative deduction if they go bump from what I’ve read
And they charge you £20 to add you to their waiting list!! 
No thanks.
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Is that the £20 annual fee generally?
For the amount I’d entrust them with - I doubt I’d earn that back 
Exactly.
2% on £1000 is, erm, £20 
Net profit then? £0 
Inflation busting!!!
Quick scan - are funds protected ?
Yes & no
E money protection sorta - main difference being it’s gold not e money - so it would have to go back through the chain into e money then to your linked bank account - additional risk if their payment processor also had financial problems
They state the cost of the selling off of your gold by an administrator to be 1% - which is more transparent than most but also a little high…
I’ll be giving it a miss - £20 joining fee and a waiting list nullifies the risk incentive further. still got some relatively early stage Dozens bonds which probably cater to sufficiently as alternative savings mechanism for me atm
I may be misquoting them a little - but generally speaking it does look best swerved!
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I’m getting Chip vibes. It’s just too complicated with too many caveats to be a fixed saver for comparison with any other
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Didn’t Tally go bump at some point ? Their previous incarnation used to charge you an annual fee based on your holdings.
https://www.lovemoney.com/news/88150/tallymoney-gold-bank-account-fees-risks
Coincidentally, I bought £1.50s worth of gold on Revolut when I opened the account and it fell for quite a long time.
Reminded me to close my account…
Goldex has just shuttered its retail app. How is Glint still operating?!
I just don’t see any future for all this gold plus debit card malarkey
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Closed Tally?
Imagine it takes a lot for you to close a fintech account 
I just don’t use it and can’t be bothered to think about whenever the annual fee will kick in…
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Fair do’s!