Are savers frantically opening up fixed accounts?

Buggins

Hi
Can someone help - I have just opened a Nationwide account and intend to do a six month E bond. If I open the bond account now (at today's rates) can I add to it when I receive further monies to save or does it depend on "the rate of the day".
Hope that makes sense
Thanx

Stompa

KDH wrote: »

.......If you log in at B&B first ,.......then apply, then you do have the option of transferring from the Internet Saver Account

Ah many thanks, now why didn't they tell me that! During the application (without logging in) it asked me if I was an existing customer and for an account number - so I not unreasonably assumed that was sufficient. I'll perhaps give it another try.

BiggaThanBen

ericpode wrote: »

Just opened Halifax 7% AER for 3 months. Opened online.

But the new account is showing as 6.82% Gross p.a. Is this correct?

I just checked Halifax's rates page again and it still says 7%.

Yes, 7% AER = 6.82% Gross

Stompa

KDH wrote: »

.......If you log in at B&B first ,.......then apply, then you do have the option of transferring from the Internet Saver Account

OK, I've taken a look at that, but after logging in, how do I get to the application form. If I simply type

https://savings.bradford-bingley.co.uk/bbgapplyonline/applicationform.aspx?productid=INFUNDFR39

into the address bar of my browser it seems to take me through the same application process as before, asking my name, address, email adress etc. which they already know.....?

Update:
I see that the help says:
"How do I apply for a Bradford & Bingley eBond?
If you already hold an eSavings account, please log into your account using your User ID and password and then apply on-line."

Perhaps you can only apply for an eBond this way if you already hold an eSavings account as opposed to an Internet Saver account?

Squibbler

Buggins wrote: »

Hi
Can someone help - I have just opened a Nationwide account and intend to do a six month E bond. If I open the bond account now (at today's rates) can I add to it when I receive further monies to save or does it depend on "the rate of the day".
Hope that makes sense
Thanx

Nope - you can't add to it, but you can open another one at whatever the rate is on that day. (I have 3 with them after opening another in urgency today!)

Squibbler

smc103 wrote: »

called BM as id applied for a registration form online and they said as long as i return it 'in good time' i will still get the rate.

Ditto! Same

Squibbler

Dan29 wrote: »

Did you apply online or by phone?

Coventry told me today they allow 7-10 days after account closed to new borrowers for people to get their money in

TomsMom

prixon wrote: »

and now it has gone!

But Barclays are still advertising their 7.75% fixed regular saver, £250/month

Presumably you could walk into branch tomorrow and still get one of those

OH and I each opened one of these in October. Not sure if it's because we live in a fairly rural area but we had to make an appointment (for a few days hence) to see the same investment chappy with whom we had an interview for our ISAs. As he services two or three branches he only comes one or two days a week.

PRINCESSKERRY

Buggins wrote: »

Hi
Can someone help - I have just opened a Nationwide account and intend to do a six month E bond. If I open the bond account now (at today's rates) can I add to it when I receive further monies to save or does it depend on "the rate of the day".
Hope that makes sense
Thanx

I've had to open a flex account first, so by the time that is processed This bond rate will be gone. Did you already have an account with them?

cos69

Buggins wrote: »

Hi
Can someone help - I have just opened a Nationwide account and intend to do a six month E bond. If I open the bond account now (at today's rates) can I add to it when I receive further monies to save or does it depend on "the rate of the day".
Hope that makes sense
Thanx

Sorry, was interested myself but the FAQs on the Nationwide site say

"You will not be able to add any further money after the activation of each bond. However, you may hold more than one e-Bond as long as the combined balance does not exceed £3,000,000"

So looks like yo cannot add to it.