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  • FIRST POST
    • buyhighselllow
    • By buyhighselllow 12th Feb 18, 4:44 PM
    • 57Posts
    • 30Thanks
    buyhighselllow
    Flexdirect..2nd bite of the cherry after 5 months
    • #1
    • 12th Feb 18, 4:44 PM
    Flexdirect..2nd bite of the cherry after 5 months 12th Feb 18 at 4:44 PM
    My Flex direct stopped paying 5% in September..I kept it for the Regular saver that matured in December and renewed the regular saver ( albeit at the reduced £250/month )

    I've now set to switch to Halifax for the £125. I was wandering if I could preserve the regular saver by applying for the FlexAccount but when I clicked through it "allowed me"to apply successfully for a new Flexdirect...I wander if this will be picked up or do they allow a second new flexdirect account to open after a few months ?...anyone had any experience with this ?
Page 1
    • youngretired
    • By youngretired 12th Feb 18, 4:56 PM
    • 145 Posts
    • 68 Thanks
    youngretired
    • #2
    • 12th Feb 18, 4:56 PM
    • #2
    • 12th Feb 18, 4:56 PM
    You are allowed more than 1 FlexDirect account at any time, but the rate will only be 1%. They have closed the loop hole of being able to have the 5% again. You might be given 5% for a few months and then it will be reduced or since the new T&C's in January they may just do the 1% straight away.
    • buyhighselllow
    • By buyhighselllow 12th Feb 18, 5:00 PM
    • 57 Posts
    • 30 Thanks
    buyhighselllow
    • #3
    • 12th Feb 18, 5:00 PM
    • #3
    • 12th Feb 18, 5:00 PM
    You are allowed more than 1 FlexDirect account at any time, but the rate will only be 1%. They have closed the loop hole of being able to have the 5% again. You might be given 5% for a few months and then it will be reduced or since the new T&C's in January they may just do the 1% straight away.
    Originally posted by youngretired
    Cheers , worth doing then anyway to preserve the Regular saver
    • YorkshireBoy
    • By YorkshireBoy 12th Feb 18, 6:13 PM
    • 29,897 Posts
    • 17,771 Thanks
    YorkshireBoy
    • #4
    • 12th Feb 18, 6:13 PM
    • #4
    • 12th Feb 18, 6:13 PM
    I was wandering if I could preserve the regular saver by applying for the FlexAccount but when I clicked through it "allowed me"to apply successfully for a new Flexdirect...
    Originally posted by buyhighselllow
    You're lucky you applied for the wrong account, because a new FlexAccount on it's own wouldn't have "preserved" the regular saver would it?
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