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how to SBT from EGG to FD

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Hi Guys

Just about to SBT my EGG limit into my FD current account. Worried I might do it wrong and incur charges.  :-[I notice there is Balance transfers, BACS one off payments etc.

Can somebody walk dumb old me through it, step by step, ie what to select on the menues.

Also do you think I can do the whole lot as I've heard others talking about leaving 5% buffer which I do not really want to leave, I want the lot. ;D

And on the EGG site they ask for "reference/roll number" what is this?

All answers appreciated ;)

Comments

  • Shinds
    Shinds Posts: 449 Forumite
    Part of the Furniture
    Okays - What u have to do is.

    Once u've logged in - On the left hand side - Click on 'Balance Transfers' which is under 'Move Money'.

    Then select: 'current account / overdraft' and click 'next'

    Then just complete the screen with you bank account details and amount etc and clock 'next'.

    Now I'm not 100% sure what 'Reference Roll' means - But I know that you don't have to fill that field in.

    Best of luck!
  • johnllew
    johnllew Posts: 1,928 Forumite
    Now I'm not 100% sure what 'Reference Roll' means - But I know that you don't have to fill that field in.
    I believe it refers to the roll number (your own a/c number) when you're paying into your building society a/c.
  • I believe it refers to the roll number (your own a/c number) when you're paying into your building society a/c.
    That's correct - it applies to building society current accounts only. Ignore it if paying into a bank.
    Mortgage Feb 2001 - £129,000
    Mortgage July 2007 - £0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - £63790.60
    ISA Profit since Jan 1st 2015 - 98.2% (updated 1 Dec 2020)
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