Maturing Britannia Fixed Rate Savers

stowupland4

Same for me. I would be interested in your findings.

steady__eddie

Can I join the queue please, pretty please ?

RayWolfe

Aw, I'm not sure. If you ALL read my posting it may sap my life force. It'll be OK if you read it one at a time, however.
Always assuming Britannia reply ...

Speculator

When my Britannia Fixed Rate Regular Saver issue 1 matured last year, I tried to withdraw the whole balance in cash at the St Albans branch but was told that withdrawals are by cheque payable to the account holder only.

I am 99% certain that it will be the same with this current issue.

Also, I've held their variable rate Regular Saver account for a number of years and it has always been the case that cheque withdrawals are by cheque only payable to the account holder.

realaledrinker

jack_spratt wrote: »

1 year bond 3.25% ??? not great but in line with many other building societies !!

Co-op bank do BACS transfer on bond maturities so I do wonder why Britannia do not

Full systems integration will take 3 yrs & cost several hundred million!

RBS/natwest, Lloyds/HBOS, Abbey/A&L/B&B still have separate systems too

apt

Yes, the usual Regular Saver is cheque only, but because the one year fixed rate regular saver goes into a maturity account I think you can withdraw in cash - at least up to £500. I was allowed to withdraw partly in cash last year.

RayWolfe

Got the email. 24 hours notice to the branch and name and address identification required.

withnell

Speculator wrote: »

When my Britannia Fixed Rate Regular Saver issue 1 matured last year, I tried to withdraw the whole balance in cash at the St Albans branch but was told that withdrawals are by cheque payable to the account holder only.

You can withdraw up to £2,500 cash if you give the branch a couple of dsays notice - I think you were told incoreectly, because i withdrew my Issue 1 in cash from St. Albans!

RayWolfe

See my note above. 24 hours notice; full amount of RS (£3K + interest); evidence of name, evedence of address.

Iconic

I see their new one year fixed bond pays 3.25%.

You can get instant access account's paying more than that and you don't have to put up with payment by cheque!

Bye Bye Britannia!