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natwest esaver 6.50%

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  • cottager
    cottager Posts: 934 Forumite
    david78 wrote: »
    I already have an existing e-save account.
    I have just opened a second e-save account. How long does it take until this shows up online?

    As an existing online customer and if the application was accepted immediately and not provisionally (did you get a new account number there and then?), I think it should be the next working day, assuming you opened it before close of business -- which I think could be 6.30 pm for online purposes (it is for payments going out, anyway). I didn't have an e-Savings account with NatWest before but have a current account with them and am a NWOLB user, and I opened one yesterday which I can see today and transferred £1 into.

    I'll put more into it at the end of January for the best use of the bonus, as others have suggested earlier in the thread -- would never have picked up on that part of it otherwise, so thanks guys :)
    ~cottager
  • david78
    david78 Posts: 1,654 Forumite
    Thanks. I will check online tomorrow.

    Assuming this is opened in December, I will move my money in at the end of January.
  • Has anyone else (without an existing NatWest account) successfully withdrawn any money... ?

    Not us - we tried to withdraw money tonight from our eSaver and got the same problem.

    Their web site is totally misleading, its says;

    "Do I need an existing NatWest account? No. You don’t need to have another account with us to open an e-Savings account.

    "How do I make withdrawals? Simply make an electronic transfer from your e-Savings account to any other UK bank account"

    and maybe someone will correct me if I'm wrong but unless you've got another NatWest account with a card and card reader YOU CAN'T DO THIS.

    All of this from one of the UK's biggest High Street Banks. What an embarassment.
  • xyz123
    xyz123 Posts: 1,671 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Durdana wrote: »
    Not us - we tried to withdraw money tonight from our eSaver and got the same problem.

    Their web site is totally misleading, its says;

    "Do I need an existing NatWest account? No. You don’t need to have another account with us to open an e-Savings account.

    "How do I make withdrawals? Simply make an electronic transfer from your e-Savings account to any other UK bank account"

    and maybe someone will correct me if I'm wrong but unless you've got another NatWest account with a card and card reader YOU CAN'T DO THIS.

    All of this from one of the UK's biggest High Street Banks. What an embarassment.

    Have you tried calling the natwest actionline (08457 888 444) and see if they can set up a new payee on your account for your to pay the money.
  • chris1
    chris1 Posts: 582 Forumite
    Part of the Furniture 100 Posts
    Durdana wrote: »
    "How do I make withdrawals? Simply make an electronic transfer from your e-Savings account to any other UK bank account"

    and maybe someone will correct me if I'm wrong but unless you've got another NatWest account with a card and card reader YOU CAN'T DO THIS.
    You don't need to have a NatWest account but you need a card and card reader. You can order both of these from the website. The card is especially for use in the card reader to identify you, it's not a debit card (which people with a NatWest current account would have).
    HTH
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