Birmingham Midshires Internet Fixed Rate Bonds

Mikeyorks

Stompa wrote: »

Are you sure? I filled in the online application but they've not sent me a copy of the form, and my bond is open and funded.

Positive ... they must have opened that as a result of your 'phone call to their Savings team. If you completed the application form it takes up to 6 days to arrive and during their very busy period at the beginning of Nov (they pulled the 6.85% term deposit early in the month but guaranteed to honour existing applications provided application / funding by 30/11) a lot went missing.

I've never managed to get through to them on the 'phone. But have done several 'online' applications over the years ... and all that does is produce a printed application for you to sign. They would only open over the 'phone as you're an existing customer.

The detail that they will post it comes, from memory, at the end of the 'online' application .... which is when you groan if you know times running out. This is all their website shows :

You may either order an application form for certain accounts online or telephone our Savings and Investments Team. We're not able to post blank applications forms to our customers as our current procedure forms part of our security process.

Couple of the more recent threads on their fixed rates here :

http://forums.moneysavingexpert.com/showthread.html?t=1276789

http://forums.moneysavingexpert.com/showthread.html?t=1282177

Stompa

Mikeyorks wrote: »

Positive ... they must have opened that as a result of your 'phone call to their Savings team.

I doubt it. My original phone enquiry was simply to ask if I were to open a Bond, would I subsequently be able to transfer into it from an existing eSaver. I didn't ask open a bond at that point.

Bob_G

Mikeyorks wrote: »

You've mentioned an 'online' application ..... but there's no such thing. All you're doing is providing your detail for them to fill out a form which they print and send to you. They call it an online application ... but if you look at the detail on their site, you're simply creating a postal application form.

My experience is the same as Stompa.
I have completed an online application for e-saver & a fixed rate bond. The only paper was from them, confirming details.
Bob

Trollop

KingL wrote: »

It's not correct. The reality is as Suzey says (and it's in the terms and conditions - see post #40). It's probably just the case that the particular issue you were applying for was closing 10days after the conversation you had.


.

Well this was in regards to the current bond that is still available:

http://www.askbm.co.uk/savings/i/fixed/product.asp?id=152

Unless these bonds are closing very soon.

Stompa

Trollop wrote: »

Unless these bonds are closing very soon.

Well, that's what it said here:

https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=179071

mind you, I'm beginning to wonder about the accuracy of the emoneyfacts bulletins.

nilrem_2

Just spent 20 mins waiting on the end of the phone to BM to ask about the Fixed rate bond, they kept telling me they would connect me soon then after wasting 20 mins they said sorry we can't connect you try again later!:mad:

Stompa

nilrem wrote: »

Just spent 20 mins waiting on the end of the phone to BM to ask about the Fixed rate bond, they kept telling me they would connect me soon then after wasting 20 mins they said sorry we can't connect you try again later!:mad:

FWIW I've probably phoned them 3 or 4 times, and my longest wait was around 5 minutes.

nilrem_2

Stompa wrote: »

FWIW I've probably phoned them 3 or 4 times, and my longest wait was around 5 minutes.

Well that maybe so but I can assure you I was waiting 20mins on hold.

Stompa

nilrem wrote: »

Well that maybe so but I can assure you I was waiting 20mins on hold.

I wasn't doubting you!

nilrem_2

Well I have just gone ahead and opened this account on line and got the message

Thank you for applying for a Birmingham Midshires Internet 1 Year Fixed Rate Monthly Interest 5.46% Bond
We're pleased to confirm that your application has been processed.

But whether I shall able to get the funds to them in time I don't know, I imagine they will be closing this tomorrow!:eek: