Welcome Landsbanki!

[Deleted User]

gem4 wrote:

If you can only have one initial deposit, what's the £100 additional deposit?
Do you mean the minimum monthly DD is £100? :eek:

1) Any additional deposit is one subsequent to the original.
2) No, there is no compulsion. Rather it is flexible - you can choose when to make deposits, and the value. However that value must be at least £100 per deposit.

RubyBish

lswwong wrote:

I am experiencing problems, unfortunately:

1. Welcome pack took one week to arrive
2. When logged on, my Icesave account was not set up but my linked current account is. As a result, I was unable to transfer funds into the Icesave account online.

I had the exact same experience.
I sent them an email then after two days phoned them up.
I tried explaining the scenario of being able to log in yet not having an account despite receiving all the details. I got off the phone as IT were to look into it. I tried 5 minuites later and it was working.

One thing I felt awkward about was that the operator wanted to log in as me so she could experience the problem first hand. I didnt want to give my secret details and I suggest that if others are asked you do not either.
Even though you only need to disclose part of your keywords I dont think this is an acceptable practise with fraud so prevalent.

circuit

Mr_Mumble wrote:

Some of the downsides to the account:

0.5% interest if the sum falls below £100

it's actually £250... which is nowhere near as good.

valiant

RubyBish wrote:

One thing I felt awkward about was that the operator wanted to log in as me so she could experience the problem first hand. I didnt want to give my secret details and I suggest that if others are asked you do not either.
Even though you only need to disclose part of your keywords I dont think this is an acceptable practise with fraud so prevalent.

So, lets say I got access to your account's 'secret' details. Sure, I could find out how much money you have in the account but how would I go about getting my hands on your money? It can only be transferred to the linked account. I think you're safe !!

RubyBish

valiant wrote:

So, lets say I got access to your account's 'secret' details. Sure, I could find out how much money you have in the account but how would I go about getting my hands on your money? It can only be transferred to the linked account. I think you're safe !!

If you're happy giving out your passwords then good luck.
Linked accounts can be added and deleted at any point. Therefore your argument is invalid.

Stompa

RubyBish wrote:

Linked accounts can be added and deleted at any point.

Though annoyingly they can only be added via snail mail.

Leanne200

So Whaling issues aside... what is the general concenus on Icesave? Good or bad?

So the first deposit is £250 then you have to put in a min of £100 per month. Does this have to be 'every' month and can you only put money in via DD?

Cheers

Optimist

Leanne200 wrote:

So Whaling issues aside... what is the general concenus on Icesave? Good or bad?

So the first deposit is £250 then you have to put in a min of £100 per month. Does this have to be 'every' month and can you only put money in via DD?

Cheers

Have I missed something a £100 a month Where does it say that ?

Stompa

Optimist wrote:

Have I missed something a £100 a month Where does it say that ?

I don't believe it does say that. I can't find a reference online, but in 'The guide' (the booklet sent on opening the account) it says: "The minimum additional deposit is £100 and you can add to your savings whenever you like.".

[Deleted User]

Leanne200 wrote:

So Whaling issues aside...

What do you mean?

No, you don't have to deposit a min. of £100 a month - you can make a deposit whenever, but if you do so it must be for a minimum of £100 - I assume to make the admin. worthwhile.

My understanding atm is that deposits must be made by dd, although I have not got a definitive answer regarding the possibility of cheques.