Icesave newby query

mrdoodah

I have savings with icesave, over 20k, a 2 year fixed rate bond, I have no information/literature/booklet, If I wanted to, could I remove the money, I notice in my Abbey fixed rate savings I can only do this under 'exceptional circumstances'

Stavros_3

Have a read of their terms and conditions, you can find them by googling the bank

Swipe

As far as I know you cannot remove savings from an Icesave bond before the term is up unless you become terminally ill. I also have a fixed bond (expires in Jan 2010) that I'd like to remove from there.

Oblivion

Swipe wrote: »

As far as I know you cannot remove savings from an Icesave bond before the term is up unless you become terminally ill. I also have a fixed bond (expires in Jan 2010) that I'd like to remove from there.

From the Icesave website ...

[URL="javascript:toggle_visibility(7);"]How often can I move money out of my Fixed Rate Savings Account?[/URL]
Once you've made your lump sum deposit you cannot make any withdrawals from your Fixed Rate Savings Account until maturity.

I presume that was the account you were referring to when you said 'bond'.

Dave.

mrdoodah

Thanks for that, well thats it then, my money stays where it is, on a positive note as there is absolutely nothing I can do I suppose I can just get on with my life now. My thanks for help

Paul_Herring

Hindsight being the wonderful thing it is, you may have been better off splitting the deposit.

Some in a 6 month, some in a 12 month and some in the 24 month.

Until recently I was opening 12 month accounts once a month, so that (what I tried to do) once a month I had one maturing once a month.

Hungerdunger

As you have less than the new protected limit of £50k, what exactly is your problem?