I had some cash which I was going to put into these guys. In the end I stuck it in my HSBC online saver. It was a 5% vs 6.5% situation but in the end I looked at the interest over a year, after tax and it wasn't a lot of difference. I couldn't be bothered with the hassle of opening another account!
i dont get how to work out how much im going to earn interest wise on £500
it's because Kaupthing Edge is registered as the british part of the Icelandic bank and is fully registered with the financial services compensation scheme. I think.