We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

West Bromwich Building Society Star Easy Access Account 6.55%

Options
2456789

Comments

  • tawse57
    tawse57 Posts: 551 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    They seem desperate for cash at the moment judging by the high Irs they are offering on various accounts.
    This is not financial nor legal nor property advice. Consult a paid professional if in doubt.
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    tawse57 wrote: »
    They seem desperate for cash at the moment judging by the high Irs they are offering on various accounts.


    I only transferred 100.00 into it from a so called "priviledge account", im still awaiting closing balance with 8 years of interest from the transaction. :(
  • oscarhugo
    oscarhugo Posts: 492 Forumite
    Anybody ascertained what the charge would be for any withdrawals beyond the 12 free ones? Yeah, I know I could probably find out by poring through the T+Cs but, hey, that's just me being lazy & I thought somebody may already have found out. (And, of course, I wanted to provide an opportunity for anybody that wants to to slag me off for my laziness!). I'm not intending to withdraw more than 12 times but you never know... Also, anybody found out a SayNoTo0870 number instead of the 0845 number for withdrawals etc.? Yes yes, I know - more laziness.
    Expect the worst & hope for the best...
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    oscarhugo wrote: »
    Anybody ascertained what the charge would be for any withdrawals beyond the 12 free ones? Also, anybody found out a SayNoTo0870 number instead of the 0845 number for withdrawals etc.? Yes yes, I know - more laziness.


    Only words i have seen is that "only 12 withdrawals are permitted per account year". ;)

    Postage paid envelopes and withdrawal/deposit forms are supplied ( Withdrawals are still paid by BACS)

    Im not even sure if withdrawal requests can be made via the 0845 no, ill leave that for someone else to confirm as i dont have product literature handy. :o ( Ive seen no mention anywhere of withdrawals being able to be instructed this way, and no telephone security is being set up)

    Westbromwich DONT honour applications that are in the post should they close the account to new account openings.
  • nicko33
    nicko33 Posts: 1,125 Forumite
    bristolleedsfan wrote: »
    Im not even sure if withdrawal requests can be made via the 0845 no, ill leave that for someone else to confirm as i dont have product literature handy. :o ( Ive seen no mention anywhere of withdrawals being able to be instructed this way, and no telephone security is being set up).
    I opened one of these in a branch on 2 Feb, and I mentioned I would probably be opening a Magic8 after my house sale completed, and asked if I could telephone them to do a transfer from the StarEA to magic8 and they said no. I could do a transfer by post or by going to a branch.
  • bristolleedsfan
    bristolleedsfan Posts: 12,645 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nicko33 wrote: »
    I opened one of these in a branch on 2 Feb.

    Did u get a passbook out of interest ?
  • nicko33
    nicko33 Posts: 1,125 Forumite
    bristolleedsfan wrote: »
    Did u get a passbook out of interest ?
    can't remember :o, although I think I did
    I'll try to remember to check when I get home
  • debbie42
    debbie42 Posts: 2,586 Forumite
    bristolleedsfan wrote: »
    Did u get a passbook out of interest ?

    I opened one at a branch and did get a passbook.
    Debbie
  • oscarhugo
    oscarhugo Posts: 492 Forumite
    bristolleedsfan wrote: »
    Only words i have seen is that "only 12 withdrawals are permitted per account year". ;)

    Postage paid envelopes and withdrawal/deposit forms are supplied ( Withdrawals are still paid by BACS)

    Im not even sure if withdrawal requests can be made via the 0845 no, ill leave that for someone else to confirm as i dont have product literature handy. :o ( Ive seen no mention anywhere of withdrawals being able to be instructed this way, and no telephone security is being set up)

    Westbromwich DONT honour applications that are in the post should they close the account to new account openings.

    I saw mention in "Money Mail" in The Daily Mail today that they apparently CLOSE THE ACCOUNT if you make more than 12 withdrawals. I know you shouldn't believe all you read in the newspapers, but...

    And it's interesting to hear that you can't apparently make withdrawals by phone. I'd assumed [and made an a$s of u and me] that being "operated by post or phone" would've meant you could've. But, there ya go.
    Expect the worst & hope for the best...
  • nicko33
    nicko33 Posts: 1,125 Forumite
    nicko33 wrote: »
    can't remember :o, although I think I did
    I'll try to remember to check when I get home
    I did get a passbook
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture