We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

how to SBT from EGG to FD

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)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.