Regular Savings Accounts: The Best Currently Available List!
Options
Comments
-
Have opened one of these for the 6 % reg saver. I have a barclays current account with a couple of £1 direct debits on it set up to take advantage of transfer incentives. I'm tempted by the £100 m and s gift card but adviser told me that you have to have a couple of phone conversations to do tranf er. I'm wondering if anyone has any experience of this. I'm particularly wondering if I'll be quizzed as to why there are only 2 £1 direct debits set up and my transfer request be refused.0
-
Have opened one of these for the 6 % reg saver. I have a barclays current account with a couple of £1 direct debits on it set up to take advantage of transfer incentives. I'm tempted by the £100 m and s gift card but adviser told me that you have to have a couple of phone conversations to do tranf er. I'm wondering if anyone has any experience of this. I'm particularly wondering if I'll be quizzed as to why there are only 2 £1 direct debits set up and my transfer request be refused.0
-
Can you tell us please, what are the transfers incentives and the DDs needed for them?0
-
Can you tell us please, what are the transfers incentives and the DDs needed for them?0
-
the incentive is a £100 gift card i think? . I don't believe m and s are specific about what needs to be transferred regular payment wise unlike some switching incentives. The only account i have to switch has token dds on it on the basis that incentives from other accounts in the past have generally required some dds so i set them up in preparation. I would assume that m and s would want something transferring as they refer to transferring "everyday banking" so I'm happier with the idea of transferring an account that has some actual payments to transfer though perhaps this is not required. Clearly if I'm missing something I'd be keen to know!!!0
-
I opened one of these a few months ago. The deal then was 2% for the first year, then 1.5%. I have today received a letter confirming that the rate will fall to 1.1% on 23rd February. This is not good!
I hope that Leeds and Market Harborough are not starting a new fashion.0 -
I opened one of these a few months ago. The deal then was 2% for the first year, then 1.5%. I have today received a letter confirming that the rate will fall to 1.1% on 23rd February. This is not good!
I hope that Leeds and Market Harborough are not starting a new fashion.
Received the same letter. Not clear to me what that means for the introductory rate of 2% that applies currently (as far as I am aware at least) as it only cites a drop from 1.5% to 1.1%.
Anyone else any clearer on this?
Thanks.0 -
Have opened one of these for the 6 % reg saver. I have a barclays current account with a couple of £1 direct debits on it set up to take advantage of transfer incentives. I'm tempted by the £100 m and s gift card but adviser told me that you have to have a couple of phone conversations to do tranf er. I'm wondering if anyone has any experience of this. I'm particularly wondering if I'll be quizzed as to why there are only 2 £1 direct debits set up and my transfer request be refused.
I opened a M&S current account for the £100 gift card and 6% regular saver. I opened the current account over the phone and when it was set up I put £300 in. I then phoned and opened a Regular Saver and they did this straight away transferring the first payment from my £300.
I then rang and spoke to the switching team for the £100 gift card. I have a Norwich & Peterborough Current Account with 4 standing orders on for £2.00 each. They said they could not use the switch service for N&P but if I did it myself and rang back they would send the voucher. So I set up 4 S/O's for £2 each on M&S current account and transfeered by faster payment £2,000 into the current account. I then rang the switching team again and said I had done the switch myself and they have sent me the £100 gift card. All this process took less than 2 weeks.
I am very impressed with M&S (and I still have the N&P account open if I need to switch to somewhere else).0 -
Andystriker wrote: »I have a Norwich & Peterborough Current Account with 4 standing orders on for £2.00 each. They said they could not use the switch service for N&P but if I did it myself and rang back they would send the voucher. So I set up 4 S/O's for £2 each on M&S current account and transfeered by faster payment £2,000 into the current account. I then rang the switching team again and said I had done the switch myself and they have sent me the £100 gift card.0
This discussion has been closed.
Categories
- All Categories
- 343.3K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.3K Work, Benefits & Business
- 608.1K Mortgages, Homes & Bills
- 173.1K Life & Family
- 248K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards