Update! Santander First Home Saver Account: 5% on up to 50k savings (up to 35 only)

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  • Nessie23
    Nessie23 Posts: 245 Forumite
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    Hi I have just been to my local Santander branch today, and it appears that the account will only become instant access as of midnight today.

    So I'll give it 24 hours and try again.

    Out of interest anyone had any different answers from Santander?:cool:
  • Wings_of_Ambition
    Wings_of_Ambition Posts: 1,749 Forumite
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    Managed to transfer half my money elsewhere today without being told I had to close the account.
  • MoneyStudent
    MoneyStudent Posts: 16 Forumite
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    Absolutely gutting that the 5% rate has come to an end. Not entirely sure what I'll do with my money now. Probably leave it in there for the 3% rate.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
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    The 5% was too good to be true, and nice while it lasted, but 3% isn't as big a slap in the face as they could have delivered.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • tjr1234
    tjr1234 Posts: 22 Forumite
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    i transferred it all apart form £1 to my current account then used internet banking to transfer it to my monmouthshire 4% account today. I had to walk through the staff what to do they had no clue. Its defos today that the account changed because the interest rate is now 3%.
  • Eponym
    Eponym Posts: 303 Forumite
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    I've used the bulk of it for my ISA allowance and will leave the rest where it is for now. I think I'll keep the standing order running as well.
  • someone
    someone Posts: 823 Forumite
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    I have rang up and transferred all but £1 to my current account no problem. Whizzed off part to my ISA which is only part funded and the rest to my eSaver paying a bit better than this account.

    Kept account open as rates are so bad I might need the 3% when my current esaver bonus finishes.

    Do people have any opinions about stocks and shares ISAs? I am tempted to open one and invest about £3000 - £5000 to see how it goes. Rates are tanking so quick and I wont be using this money for 3-5 years at least.
  • antispam246
    antispam246 Posts: 941 Forumite
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    Still not seeing it online (can't add it)
  • gt94sss2
    gt94sss2 Posts: 5,630 Forumite
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    asdfg12345 wrote: »
    i asked via secure message and have been told that as it will become an instant access account it will become available to add to your online accounts after mid november

    When I asked the same a few weeks ago, the secure message I received said this account wouldn't be appearing online...

    Regards
    Sunil
  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
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    it wont be online
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