From FT announcement yesterday:
“We’re excited to announce the latest addition to your Plus membership. From today, you can earn 3% interest in uninvested cash. This new feature of Plus is a 3% interest rate on up to a maximum of £4,000 of cash holdings.”
Essentially makes their cost for Plus membership $0 if you have £4K sitting uninvested / in cash holdings.
Suddenly 1.25%, which was awesome, suddenly
doesn’t look so awesome anymore…