Bradford & Bingley INTERNET SAVER 3

Stompa

oql61 wrote: »

Just been checking savings accounts and I too managed to get a B&B Internet Saver 3 account, but I notice that the rate has gone down (no notification of this) and is now 6.10% up to £50,000 and something like 6.30% over £250,000.

May I ask where you saw that? There still seems to be no mention of that account here:

http://www.bradford-bingley.co.uk/savings/product/index.asp

oql61

You're right! There is no mention of it. However, when I log into my account it clearly states Internet Saver 3. Now I have no idea what the interest rate is! But I guess it's around 6.10.

Or perhaps 6.51 as stated in post at top of page.

ad44downey

DRS1 wrote: »

Unfortunately I am unable to confirm your current rate of interest in this e-mail for security reasons but if you would like to call the number below and answer some security questions we will be able to tell you the current rate."

Haha, so their interest rates are now top secret!

ad44downey

oql61 wrote: »

You're right! There is no mention of it. However, when I log into my account it clearly states Internet Saver 3. Now I have no idea what the interest rate is! But I guess it's around 6.10.

why? how do you know it isn't 5% or 0.1%?

Penguintron

Well I've had an Internet Saver account with B&B since the first issue of the account. Shortly afterwards they dropped the rate and I had to move my money to Internet Saver 2 to remain competitive. If they drop the interest rate AGAIN on the account without replacing it I'll certainly be looking to move my money to a fixed rate. I'm a bit sick of their messing about now to be honest.:mad:

JayTee99_2

cwcw wrote: »

I got the internet saver issue 3 just in time, as it looks like is withdrawn now. But I can't see any way when I'm logged in to my account to see what my current interest rate is (I presume if they haven't cut it yet they will do in the future). Is there any way I can find this out?

It isn't displayed in the Account Summary, the only way to find out is to click on 'Interest Rates' under 'Related Services' on LHS menu.
that opens the page displaying all rates, (the link everyone is posting)
you don't need to be logged in to view that page of course

you then need to find your account,
but Internet Saver3 hasn't been added to that page yet.
we could look at internet saver1 and internet saver2 rates for comparison, to pick some random numbers..

but it looks like an update is imminent

Ainsdale

~Chameleon~ wrote: »

I've not checked the T&C's of this account but it's quite usual for Egg to only allow 'new money' to be deposited in these accounts, i.e. I wouldn't be able to directly transfer from one to the other. I think I'd rather just stick to the 6.3% fixed rate account and know where I am with it - had enough hassle with bank accounts to last me a lifetime lately :rotfl:

I have had B&B Internet saver issue 3 since August. Have also spoken on the phone with them today and they confirmed it is still at 6.51% and they have no notice of a change. Lady was quite insistent that if the rate did change they would e-mail existing account holders on the day of the change.


No doubt it will go down soon and I would prefer a guaranteed fixed rate that also allows easy access (like the Coventr50 plus esave), but I can’t see any of these accounts left. I spoke with Egg this morning and the 6.3% fixed with access is no longer on offer or I would have switched my B&B to that. I agree with Chameleon that 6.3% fixed with access is better than 6.5% variable right now.

lindabloo

Ainsdale wrote: »

I have had B&B Internet saver issue 3 since August. Have also spoken on the phone with them today and they confirmed it is still at 6.51% and they have no notice of a change. Lady was quite insistent that if the rate did change they would e-mail existing account holders on the day of the change.


No doubt it will go down soon and I would prefer a guaranteed fixed rate that also allows easy access (like the Coventr50 plus esave), but I can’t see any of these accounts left. I spoke with Egg this morning and the 6.3% fixed with access is no longer on offer or I would have switched my B&B to that. I agree with Chameleon that 6.3% fixed with access is better than 6.5% variable right now.

I got an email from Coventy BS about 50+ fixed rate account and the offer finishes on 31st October. I had applied for the account but not sent off documents.

YorkshireBoy

~Chameleon~ wrote: »

I've not checked the T&C's of this account but it's quite usual for Egg to only allow 'new money' to be deposited in these accounts, i.e. I wouldn't be able to directly transfer from one to the other.

You can indeed move funds from the 6.55% to the 6.30% via telephone and even online (in a nutshell, because the 6.55% account was opened AFTER the 6.30% account)...if and when the 6.55% rate falls. What you can't do is move them from the 6.30% to the 6.55% account.

Apologies for going off-topic.

~Chameleon~

YorkshireBoy wrote: »

You can indeed move funds from the 6.55% to the 6.30% via telephone and even online (in a nutshell, because the 6.55% account was opened AFTER the 6.30% account)...if and when the 6.55% rate falls. What you can't do is move them from the 6.30% to the 6.55% account.

Apologies for going off-topic.

Account duly opened