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West Bromwich Building Society Star Easy Access Account 6.55%

bristolleedsfan
bristolleedsfan Posts: 12,690 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
in Savings & investments
Another New Westbromwich BS account launched to hit best buy tables. :rolleyes:

http://www.westbrom.co.uk/westbrom/savings.product?id=3484&FROM_CAMPAIGN=true&CAMPAIGN_SRC=HOME_PAGE
«13456789

Comments

  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Twelve withdrawals are permitted each account year without notice or penalty. (For Branch on demand, for direct all withdrawals paid by BACS to nominated Bank Account)
    Nice feature - which means no days lost interest on withdrawals from May/June

    [BTW, I got a BACS credit from them today as it happens. The payment seems to have been sent on 31/01 and arrived 01/02 - but this was into a personal HSBC account. Payments to West Brom's '40' collection account seem to take only one day from any bank acc. to recent posts]
    .....under construction.... COVID is a [discontinued] scam
  • nicko33
    nicko33 Posts: 1,125 Forumite
    bristolleedsfan wrote: »
    Min investment 1000.00
    the link says Min investment £1

    but I'll have some of that anyway, thanks
  • bristolleedsfan
    bristolleedsfan Posts: 12,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Milarky wrote: »
    Nice feature - which means no days lost interest on withdrawals from May/June

    ]


    Unlikely account will still be a best buy account all those months on. :rotfl:

    If faster online payments are due to take effect by May/June that may be the reason for an apparent resurgence in Postal Accounts. :rolleyes:
  • bristolleedsfan
    bristolleedsfan Posts: 12,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nicko33 wrote: »
    the link says Min investment £1

    but I'll have some of that anyway, thanks

    True, :o well spotted, this was the article which drew my attention to the account, i read min 1000 and didnt look at the linked page. :o


    http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/01/cmdealS01.xml
  • dougs
    dougs Posts: 617 Forumite
    it looked good until I read that it can only be operated by post or in branch
    :rolleyes:
  • bristolleedsfan
    bristolleedsfan Posts: 12,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dougs wrote: »
    it looked good until I read that it can only be operated by post or in branch
    :rolleyes:


    "
    Twelve withdrawals are permitted each account year without notice or penalty. (For Branch on demand, for direct all withdrawals paid by BACS to nominated Bank Account) " :confused::confused:
  • dougs
    dougs Posts: 617 Forumite
    yes, I realise that but it gives the impression that you cannot operate it online yourself. Like you can with, say, Icesave.

    Am I reading it wrong then?
  • bristolleedsfan
    bristolleedsfan Posts: 12,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dougs wrote: »
    yes, I realise that but it gives the impression that you cannot operate it online yourself. Like you can with, say, Icesave.

    Am I reading it wrong then?

    U are correct in that understanding, It doesnt look as if Westbromwich have any actual online account facility.

    Even online application form has to be printed off and posted. :( ( just wasted my time going through application form on upstairs PC where their is no printer. :mad: )

    Account can be opened by transferring funds from an existing Westbromwich account so handy for the 100.00 account holders to transfer their 100.00 into a higher paying account. ;)
  • edda
    edda Posts: 1,057 Forumite
    500 Posts
    bristolleedsfan wrote: »
    U are correct in that understanding, It doesnt look as if Westbromwich have any actual online account facility.

    ;)

    No - there is no online facility at West Brom at all.

    The rate guarantee on the Star Easy Access a/c is 0.5% above base rate until 1st Feb 2009. If you're interested, compare with the Premier Bonus Tracker Plus:

    http://www.westbrom.co.uk/westbrom/savings.product?id=3465&category=2

    Less withdrawals per year and lower rate at the moment - but guarantee is higher.

    Depends on your requirements.
  • bristolleedsfan
    bristolleedsfan Posts: 12,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just in case anybody is interested, this account ( at least via post ) is non passbook, :( and by Westbromwiches stated receipt of application date, took 5 calendar days to receive details of account opening with welcome pack.

    ( 9 calendar days from date of posting application to receipt of confirmation of account opening)
This discussion has been closed.
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