Optimising returns: how Mr. and Mrs. R tripled
their interest income with Flagstone
International

Problem statement:

Mr. & Mrs. R recently sold a property for £1.5 million and planned to deposit the proceeds with their bank. This would have earned just 1.65% in interest, generating £24,750 per annum. Faced with the prospect of minimal returns, they sought a solution to optimise their cash holdings and unlock greater earning potential.

Solution:

Mr. & Mrs. R were introduced to Flagstone International by their financial adviser and decided to open an account. Within 5 working days, their account was opened, providing access to a range of competitive deposit products. Using Flagstone International's intuitive platform they easily diversified their funds across three accounts with three different banks, all in just a few clicks.

Key Benefits:

Enhanced returns: By depositing their funds across three accounts with different banks, Mr. & Mrs. R achieved a blended interest rate of 4.40%, nearly three times higher than their existing bank's offering.

Diversification: With Flagstone International's platform, Mr. & Mrs. R effortlessly spread their funds across multiple institutions, mitigating exposure.

Streamlined process: The user-friendly interface and intuitive tools provided by Flagstone International enabled Mr. & Mrs. R to manage their cash holdings efficiently and effectively, saving time and resources.

Outcomes:

Mr. & Mrs. R's cash assets now generate almost three times more interest income per annum, totalling £66,000. With peace of mind knowing their funds are diversified across multiple institutions, they have unlocked greater earning potential and financial security for the future.

*Rate as of January 2024