abbey fixed rate monthly saver

~Chameleon~

apt wrote: »

If you tell the branch in advance you can get paid out in cash rather than by cheque when closing the account.

I'd rather not withdraw such a large amount in cash!! I guess they won't just transfer it into my current account then?

anamenottaken

~Chameleon~ wrote: »

I'm off into town today to get my passbook updated and check they have actually paid the interest this time!

Slightly worried as I received a letter a few weeks ago telling me the account wasn't due to mature until Feb so gave them a ring and they told me to ignore the letter and confirmed it is actually January.

Silly question, but can anyone tell me how I get my money out of this account? Can they do a bank transfer to current account for me or do I have to get a cheque from them? I'm guessing whichever way they do it I need to go into branch?

Unless your current account is with Abbey, they will provide a cheque - so they keep your money in their own hands for a while longer without having to pay you any interest.

pcyam

you can have it transferred into external accounts too, either as a telegraphic transfer it will cost £25 and be in the account on the same day. Or a BACS transfer its free but can take up to 5 working days.

~Chameleon~

Computer says NO! Had to accept a cheque which will also take 5 days to clear. Not sure all this hassle was worth it for a measly £135 interest!!! :rolleyes: