Regular Savings Accounts discussion

lipidicman

lil miss, if you were not an existing customer it wont matter if some things were done 'later', as long as they were done.

As an existing customer, like mary, I asked to see the account onscreen before I left the branch. Lloyds do seem to have the best 'realtime banking' system out there

lipidicman

SeanW wrote:

I opened a HSBC regular saver today @ 8% and was told that they rarely set these up for customers :eek: Something wrong with it I am missing?

My only suggestion is that it is a lot of hassle for your average customer and us canny types wouldn't have a current account with HSBC (unless you paid us, on which front the other banks do a much better job! £50 here, a £2k 0% OD there, interest on cheques etc).

Some have been able to get one without having to pay their salary into a poor current account but after you have exhausted the list of better accounts out there, few are dedicated enough or have enough funds to fuel this account

SeanW

lipidicman wrote:

My only suggestion is that it is a lot of hassle for your average customer and us canny types wouldn't have a current account with HSBC (unless you paid us, on which front the other banks do a much better job! £50 here, a £2k 0% OD there, interest on cheques etc).

Well I got a football when it was Midland at school, then £25 when I went to college, then £50 when I went to university, and a £1.5k 0% OD. The OD is declining now I am graduated, but it's still good enough ;-)

I do suppose eventually I will move my current account to a better company, one that can at least set up my account for tax as asked. (When I spoke to the nice Indian chap about checking my accounts were setup for Tax on interest, he assured me they had to do this by post, I then received a big pack of information about overdraft interest rates).

Former_MSE_Archna

This thread is now closed. To read the new thread: click here.