3% Abbey Branch Based Instant Access Saver Issue 3

bristolleedsfan

Just been launched. Account gets applied for online, then is only transactional via a branch. Min 1000.00

Issue 2 rate has now dropped to 2.5% gross.

http://www.abbey-products.com/product/IAS/more/

Is first year bonus 1% or 1.5%, :huh: you decide :rotfl:


http://www.abbey-products.com/product/IAS/


http://www.abbey.com/csgs/Satellite?appID=abbey.internet.Abbeycom&c=Page&canal=CABBEYCOM&cid=1210610716812&empr=Abbeycom&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_TemplateG

First year bonus is 1.50% which means that Abbey are likely to drop the rate down to Issue 2 level when people arent looking. :rolleyes:

elektra

I'm so fed up with these banks closing and creating new issues. It is about time companies started treating existing customers fairly.

How much does all the admin/paperwork/branch literature cost.

So if I close my issue 2 and transfer it to an issue 3 will I have benefited from the full rate up till then? ( I assume so) i.e. terms state if balance falls below £1,000 the rate drops.

Also just noticed issue 1 has been left at 3.00%

bristolleedsfan

elektra wrote: »

So if I close my issue 2 and transfer it to an issue 3 will I have benefited from the full rate up till then? ( I assume so) i.e. terms state if balance falls below £1,000 the rate drops.

Yes. At least Abbey appear to be allowing existing customers to open Issue 3, when I opened Issue 2 in December it wasnt available to anyone that had held Issue 1 during the previous 12 Months.

elektra

bristolleedsfan wrote: »

Yes. At least Abbey appear to be allowing existing customers to open Issue 3, when I opened Issue 2 in December it wasnt available to anyone that had held Issue 1 during the previous 12 Months.

I phoned to open the issue 3 today and was told I can't as I have issue2 (opened Oct).
Disappointed at this as although I prefer internet access I liked this account as I could do instant transfer.

bristolleedsfan

elektra wrote: »

I phoned to open the issue 3 today and was told I can't as I have issue2 (opened Oct).
Disappointed at this as although I prefer internet access I liked this account as I could do instant transfer.

When I opened Issue 2 in December 2008, it stated on Abbey Website that those who had opened a previous Issue within "blah blah blah" couldnt open Issue 2. Issue 3 has no such apparent restrictions, so I opened Issue 3 online at the time I posted the thread despite having got Issue 2 still open.

elektra

Thanks - just done that. Can't believe they ask you occupation and net income details.
I put a £1 as income as it was none of their business!

oxenryd

From Abbey's website T&Cs

If your account is an Instant Access Saver account, the following conditions also apply.
Eligibility
To be eligible for the Instant Access Saver account you must be over 11 years of age and a U.K. resident. Where the applicant is under the age of 18, a parent or guardian will need to sign the application form on behalf of the applicant.
You can only have one Instant Access Saver account at any one time and you must not have held such an account at any time during the 12 months prior to the date of application for the account.

bristolleedsfan

oxenryd wrote: »

From Abbey's website T&Cs

If your account is an Instant Access Saver account, the following conditions also apply.
Eligibility
To be eligible for the Instant Access Saver account you must be over 11 years of age and a U.K. resident. Where the applicant is under the age of 18, a parent or guardian will need to sign the application form on behalf of the applicant.
You can only have one Instant Access Saver account at any one time and you must not have held such an account at any time during the 12 months prior to the date of application for the account.

Abbey havent made that as apparent on Issue 3 as they did on Issue 2. When the application was checked by a human it would have been noticed that I already held Issue 2 id imagine.

http://www.abbey-products.com/product/IAS/more/

http://www.abbey-products.com/product/IAS/

oxenryd

bristolleedsfan wrote: »

Abbey havent made that as apparent on Issue 3 as they did on Issue 2. When the application was checked by a human it would have been noticed that I already held Issue 2 id imagine.

http://www.abbey-products.com/product/IAS/more/

http://www.abbey-products.com/product/IAS/

I have issue 2, want issue 3, otherwise might aswell go elsewhere, have you managed to get it opened ?

bristolleedsfan

oxenryd wrote: »

I have issue 2, want issue 3, otherwise might aswell go elsewhere, have you managed to get it opened ?

Yip, my postings reflect my experiences. Issue 3 Ive had email welcome ( 5th March) and nothing by post, Issue 2 was other way around. :rotfl: