Barclays Monthly Saver

Herbalist

I've been lurking around for a while & picked up some great tips here (thanks).

Thinking I might give some of my money to those nice people at Barclays today (!) I was a bit taken aback with the "have you got an appointment?", "Oh I'm sorry I may be free this afternoon sometime".... So I resorted to a look on here

Thanks to this I've opened (I hope) an e-saver account in less time than the conversation in branch & will hope then to get the monthly saver one on the back of it. Watching the thread & will post anything interesting.

Cheers - Herby

jimbow25

itsbruce wrote: »

Did you have to do anything special to tie the accounts together, Jimbow? Or did they set that up automatically?

They were tied together automatically.

anna42hmr - i'm not sure how long it took to open the online savings account, maybe a couple of weeks. Bear in mind it's the "e-savings reward" account that allows online access without a current account.

Herbalist - you don't need an account with Barclays already to get the 6% monthly saver. The hoops me and a few others have been jumping through are just so we can check our balances online! They seem to prefer branch access only for those without a current account.

anna42hmr

jimbow25 wrote: »

They were tied together automatically.

anna42hmr - i'm not sure how long it took to open the online savings account, maybe a couple of weeks. Bear in mind it's the "e-savings reward" account that allows online access without a current account.

Herbalist - you don't need an account with Barclays already to get the 6% monthly saver. The hoops me and a few others have been jumping through are just so we can check our balances online! They seem to prefer branch access only for those without a current account.

thanks, can you advise how you got online access, received the confirmaion letter with account number and sort code etc but no details as to how to get online to service the account, (barclays site seems to ask for current account details and debit card number details etc and does not appear to have a link for registering online for the esavings reward account)

atypical

anna42hmr wrote: »

does not appear to have a link for registering online for the esavings reward account

The link you are looking for can be found on this page on the right, titled "apply online now".

metrobus

Can I fund the monthly saver from a nationwide acc by Standing order or must
it be funded from another Barclays acc ?

Thank you.

wombler

metrobus wrote: »

Can I fund the monthly saver from a nationwide acc by Standing order or must
it be funded from another Barclays acc ?

Thank you.

You can fund it from outside accounts, yes. I have a standing order from my A&L account.

Good to see the e-saver loophole to avoid going to a branch definitely works - shame Martin hasn't mentioned that in his newsletter.

brownsauce

i applied for one of these on monday (maybe sunday) online. I have a student account with barclays. I received an email that my application is being processed and that i will be hearing from them shortly.
How long does this normally take?

thanks

dazeruk

Can anyone confirm that opening an e-savings account will give online access to the monthly saver?

I spoke to a Barclays agent today and they told me the accounts would not be linked and the online access would be restricted to the e-savings account. They said the only way to get online access to your regular savings account is to open a current account and it could then be linked.

Online chat transcript:-

John N: Hi Darren, how are you?
Darren: Fine, can I give you some background information?
John N: What information are you looking for?
Darren: Yesterday I opened in branch a Monthly Savings account. I asked about servicing the account online and was told this could only be done if I had a current account. Later I found out that opening a e-savings account would also give me online facilities. I therefore opened an e-savings account online. I have now received an e-mail saying I will receive documents in the post and have to present ID in branch. I did this yesterday for the regular savers account. Do I have to do it again or can the two accounts be linked?
John N: Darren, with the e-savings Reward account, you will be able to get online facility. However, you will be able to manage only the e-savings Reward account online. In order to manage all the accounts online, you need to have a Barclays current account.
Darren: OK, that is bad news. I only needed the e-savings account for the purpose I mentioned above. Do I just ignore the forms sent to me when they arrive?
John N: Yes, you can just ignore the details that you will receive.
John N: We have current account with and without monthly fees. If you wish, I can give you the details accordingly.
Darren: I already have a current account.
John N: Sorry, do you have a current account with Barclays?
Darren: It is not with Barclays
John N: Darren, the Monthly Savings account can be accessed in a branch, over the phone and online. Online and telephone access is only available to Barclays current account holders who are registered for Online Banking and Telephone Banking.
John N: If you are interested to open a current account with Barclays, you can register for Online Banking.
John N: In our accounts, paying salary is not mandatory.

Is this true or are they just trying to sell me a current account.

I hate the fact I can only service my regular saver in branch, it's so last century!!!!

yorkslad79

They're just trying to sell you a current account, I opened a monthly saver and an ISA and have access to my accounts via the e saver reward account.

dazeruk

yorkslad79 wrote: »

They're just trying to sell you a current account, I opened a monthly saver and an ISA and have access to my accounts via the e saver reward account.

Based on what you say I'll go ahead with opening the e-saver account.