ICE SAVE - 2nd E Mail Received

Bornloser

Not sure if this is right thread but here goes. There is an option to leave your fixed rate bond in for the full term. Assume this will get interest as originally advertised??? Wonder who will hold the money??? Any ideas.

pebbles1975

I have only just received my FIRST email.
I am really quite relieved.
Looking forward to the second one!

TattyBear

Still not had my second email. Has anyone noticed how the FSCS seemed to go back on their original plan of everyone getting their money by the end of the second week of November?

Now it seems that you'll get your second email by the end of November. That'll be £400 in interest I've lost. Not to mention most of December's as well while I wait for some sort of certificate to turn up so I can reinvest in another ISA.

I want my £39K back, and I want it now. :mad:

nilrem_2

meanmachine wrote: »

So if you assume a few hundred went out on Sunday and Monday, then the full 10K went out over the next few days, by the end of today approx 41K account holder, out of 300K, will have had their 2nd email.

I think it's more like around 220,000 people with 300,000 accounts, but I am not 100% sure, but let's hope so.

meanmachine_2

nilrem wrote: »

I think it's more like around 220,000 people with 300,000 accounts, but I am not 100% sure, but let's hope so.

But are they "initiating" accounts (300K), or people (200K) with each email?

Let's hope it's the latter.

If I don't get my email this weekend, I'm going to start getting very ratty...

And people on the house price section of this site know that's not a pretty site...

~Chameleon~

nilrem wrote: »

FWIW I have still not received a 2nd email.
I keep getting emails and my eyes light up but it's always spam.:mad:

Me too <sigh> another lot from Screwfix, Boots and Amazon this morning

mjmal51

nilrem wrote: »

I think it's more like around 220,000 people with 300,000 accounts, but I am not 100% sure, but let's hope so.

Yes that is correct, so waiting time is less. Also it is people not accounts so if you have 3 accounts just one e mail

isofa

~Chameleon~ wrote: »

Me too <sigh> another lot from Screwfix, Boots and Amazon this morning

Why don't you log into your accounts on those websites and elect not to receive their e-mail offers and newsletters?

Still no 2nd e-mail here, not at all worried, I'm sure it'll come in due course.

grastgirl

Bornloser wrote: »

Not sure if this is right thread but here goes. There is an option to leave your fixed rate bond in for the full term. Assume this will get interest as originally advertised??? Wonder who will hold the money??? Any ideas.

Pretty sure they said Newcastle building society was the bank dealing with the transactions, so presumably they will have it, although I think it will be the treasury providing the funds.

Mean machine I'm pretty sure it's people they're initiating with each email, but I only had one, so probably can't give a definitive answer.

Tattybear, you can hold the ISA money in a normal savings account until you find an ISA to reinvest it in, as long as it gets reinvested in an ISA before 5 April 2009.

Pebbles as far as I can tell time for receiving the 1st email has no effect on 2nd email, and if you're having problems receiving them you can also log in once a day on the off chance they activated the link, but the email hasn't reached you.

Hope these are helpful answers.

nilrem_2

TattyBear wrote: »

Now it seems that you'll get your second email by the end of November. That'll be £400 in interest I've lost. Not to mention most of December's as well while I wait for some sort of certificate to turn up so I can reinvest in another ISA.

We get pilloried and chastised for even mentioning interest here but as you mention it If we forget about the lost interest up until they started paying out on Monday I am currently losing £16 per day in lost interest assuming that I could invest it at today's rates over someone who had their cash early on, people at the end of the queue are certainly coming of worse due to the way payments are made.

Usual disclaimer, Yes I am really grateful to the government for giving me my money back and I realise that I should not be complaining at all because the FSCS are absolutely wonderful and we must all love them because without them we would all be going to Iceland to claim our cash etc etc, and I must learn not to mention interest ever again. sorry.