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BM e-Saver Account 6.5%

stevedb11
stevedb11 Posts: 104 Forumite
in Savings & investments
Just seen this account, not on Martins Best buy list.;)

Birmingham Midshires E-Saver account 6.5%


Link here:
http://www.askbm.co.uk/savings/i/easy/product.asp?id=151
«1

Comments

  • Dan29
    Dan29 Posts: 4,771 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm pretty sure it was only paying 6.35% yesterday :)
    .
  • planemad
    planemad Posts: 569 Forumite
    Part of the Furniture Combo Breaker
    Looks like a good account to me, I wonder if the rate will stay competitive or drop quickly after a number of customers have signed up.
    That being said it looks like quite a clean product with the only drawback being no rate guarantee and some saver prefer monthly interest.
    Serious Mortgage Over Payer - For Every Pound I Overpay Its One Pound Saved On Interest
  • bristolleedsfan
    bristolleedsfan Posts: 13,029 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dan29 wrote: »
    I'm pretty sure it was only paying 6.35% yesterday :)


    Correct. :T "Interest rates effective from 17/04/2008"
  • Nick_C
    Nick_C Posts: 7,683 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Does anyone know if money transfers quickly between BM and Halifax?
  • Leeds_Fella
    Leeds_Fella Posts: 73 Forumite
    V good question.

    moving money from IF to Halifax takes 3-4 days, moving from Hx to BOS is instant.

    could be instant, could take a while
  • Dan29
    Dan29 Posts: 4,771 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Does anyone know if BM is signed up to Faster Payments?
    .
  • poppy10_2
    poppy10_2 Posts: 6,597 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Dan29 wrote: »
    Does anyone know if BM is signed up to Faster Payments?

    They are, but FP isn't coming into force till after May.
    poppy10
  • Dan29
    Dan29 Posts: 4,771 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    poppy10 wrote: »
    They are, but FP isn't coming into force till after May.

    Still 27 May? Only 5.5 weeks away :)
    .
  • poppy10_2
    poppy10_2 Posts: 6,597 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Dan29 wrote: »
    Still 27 May? Only 5.5 weeks away :)

    Doesn't seem fast enough to me ;)
    poppy10
  • equitydealer
    equitydealer Posts: 357 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    This looks like a good account, thanks to the OP :T
This discussion has been closed.
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