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First Save
RDB
Posts: 872 Forumite
:mad: I was very careful to not put my savings in the same institution by using that list on this site.
Now I see first save has changed and is the same as Britannia
This change is after I have taken out a 1 yr bond with both:mad:
at least it has gone up to 50K
are these 2 looking sound for next yr?
Now I see first save has changed and is the same as Britannia
This change is after I have taken out a 1 yr bond with both:mad:
at least it has gone up to 50K
are these 2 looking sound for next yr?
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Comments
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Today I took all my savings out of FirstSave - which is ultimately a Nigerian bank.
Kept the account open - but no more foreign banks for me in the foreseeable future. I know it's fully covered by FSCS etc, but don't want to have to rely on that (delays etc).
UK banks only for now - even if it means losing that last 0.1% on the interest rate!
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I started a fixed rate account with Firstsave in August... so I'm in for the long haul! Although the merger of the FSA licenses doesn't affect me. You're right, at least the £50k new limit is good.You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0
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UK banks only for now - even if it means losing that last 0.1% on the interest rate!
Right up until yesterday I would have just dismissed this comment. But, it's really hard not to think this now, isn't it.You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0 -
Hold on ...
I can't find anything anywhere about Firstsave and Britannia either merging or one taking over the other ...
OP, where did you get this info from?0 -
I can't find anything anywhere about Firstsave and Britannia either merging or one taking over the other ...
OP, where did you get this info from?
Actually, now that I look, I can't either!
It's not in Martin's table.You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0 -
I have a fixed term bond with FirstSave too, wish I hadn't fixed my savings now, also got one with ICICI. I agree with the poster that says 100% British from now on, that's what I'll be doing when the bloomin' fixed rate terms are up next year.0
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I have 7k locked up in the First Save for a year and hence I can't withdraw money until June 2009. Is there any other way to get my principal back early?0
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This has just arrived in todays e-mails from FirstSave...
> We are writing to advise that in accordance with Section 9 of the
> FirstSave General Terms & Conditions, we are required to give you
> at least 30 days advance notice of any changes which may affect your
> account and could be to your disadvantage.
>
> The change is to paragraph 6c of the Terms & Conditions, which
> relates solely to Fixed Rate Bonds and their early closure in the
> instance of the account holder moving abroad. Please be advised,
> that in addition to the existing penalty of 90 days loss of
> interest, there will also be an administration fee of £250.00. This
> change will be effective from 1st December 2008.
>
> In order to view a copy of these Terms & Conditions, please visit
> our website at https://www.firstsave.co.uk
(e-mail Dated 3 Nov 2008)0 -
See Section 9e of their Ts & Cs:9e. If we make any change to these terms and conditions that is to your disadvantage, you may switch your account or close it without incurring extra charges or interest, provided you do so within 60 days from the date of our notice of the change. This will not apply where interest rates move to your detriment, unless we have changed the basis on which we apply interest.0
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Has anyone quoted Section 9e, and avoided the 90 days loss of interest, on withdrawal?0
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