Barclays Monthly Savings 7.49%

Wyndham

Just been to open a Barclays Monthly Savings account before the fixed rate falls. It was.... odd. I only needed one form of id (driving licence) and she refused the council tax bill I'd also got with me specially. I then said about making the first payment today, and she said 'no, it has to be by standing order'. This makes it different to every other type of 'regular saver' account I've ever had.

They will credit check, but it all seemed a bit lax somehow. Anyone had similar experiences?

~Chameleon~

I'm fairly certain that I made my first payment over the counter in branch as soon as they'd opened the account and printed off the account number. I only had to show my passport as ID as I already held a Barclaycard.

LongTermLurker

Wyndham wrote: »

Just been to open a Barclays Monthly Savings account before the fixed rate falls. It was.... odd. I only needed one form of id (driving licence) and she refused the council tax bill I'd also got with me specially. I then said about making the first payment today, and she said 'no, it has to be by standing order'. This makes it different to every other type of 'regular saver' account I've ever had.

They will credit check, but it all seemed a bit lax somehow. Anyone had similar experiences?

yup, the same, but I went home and transferred in using FP straight away, then called them to confirm it had been received.

RayWolfe

Well, I did one TODAY. Cheque offered and taken as first payment!

ShelleyC_2

Strange I opened one today but had to set up standing order to do first and all payments

Wyndham

So I think the conclusion is that they are not consistent?

LongTermLurker

It probably comes down to whether the individual consultant can be bothered

Wyndham

Well, SO set up for both hubby and I. All part of the plan to recession proof our finances, but I'm not sure I'll be rushing back to Barclays if I need another account!

ShelleyC_2

I was just happy that the lady who dealt with mine asked once if I was interested in any other products and listened when I said no thank you :T

carpy

anyone apply for one online as an existing customer?

how long does it take for the account to be opened and the initial deposit to be taken your barclays current account?

i was expecting it to be immediate?!?!?

fusela

I opened online as an existing customer on friday 14th setting up the standing order to take cash from a barclays current account on the 17th. I checked on the 17th and the account had been setup and the money credited to the account. Got a paper statement for the account through the post today.

Hope that helps
Fusela