B
british_saver
New Member
Dear forum,
I spent the last 2 hours trying to navigate from a bank to bank, HSBC, Banco Do Brasil, Unibank, Santander, using Google Translate and trying to find how much the banks there will offer me on savings accounts, as the interest rate in Brazil is very high (currently 10.75% and on this coming Wednesday expected to go even higher to 11% or 11.25%).
I couldn't find any information, perhaps because I don't speak Portuguese very well but my question is how much interest rate can you get on deposits of around 2 million real?
Can you get around 15%?
Here in the UK we get peanuts for our savings and I'm fed up with the UK banks, I'm looking for a higher return and wouldn't mind to convert £ to BRL if that's necessary.
Please help.
I spent the last 2 hours trying to navigate from a bank to bank, HSBC, Banco Do Brasil, Unibank, Santander, using Google Translate and trying to find how much the banks there will offer me on savings accounts, as the interest rate in Brazil is very high (currently 10.75% and on this coming Wednesday expected to go even higher to 11% or 11.25%).
I couldn't find any information, perhaps because I don't speak Portuguese very well but my question is how much interest rate can you get on deposits of around 2 million real?
Can you get around 15%?
Here in the UK we get peanuts for our savings and I'm fed up with the UK banks, I'm looking for a higher return and wouldn't mind to convert £ to BRL if that's necessary.
Please help.