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!
Transfer Sainsburys Online Saver -> Easy Saver - Anybody been through the process?
fluffboo
Posts: 21 Forumite
Hi,
Ive have some money in a Sansburys Online Saver which I opened early November 2009. I realise this is quite soon going to transfer into another account paying virtually no interest. Ive been looking at their Easy Saver and it seems to fit the bill (2.6% - 5 withdrawals) and also because I presume it will be easier to open and transfer the balance to as its with the same bank (?)
so I was wondering if anyone had been down this path already and how straightforward it is
Do they notify you when the original Sansburys Online Saver is due to reduce its interest rate?
Do they give you options? (The ability to transfer the balance to an new Easy Saver and close the account would be nice)
Alternatively - Do they keep quiet and hope you will forget to transfer it so your money earns little interest?
Do they make it difficult for you to transfer you old online saver to the nice shiny easy saver?
Any help will be appreciated.
Ive have some money in a Sansburys Online Saver which I opened early November 2009. I realise this is quite soon going to transfer into another account paying virtually no interest. Ive been looking at their Easy Saver and it seems to fit the bill (2.6% - 5 withdrawals) and also because I presume it will be easier to open and transfer the balance to as its with the same bank (?)
so I was wondering if anyone had been down this path already and how straightforward it is
Do they notify you when the original Sansburys Online Saver is due to reduce its interest rate?
Do they give you options? (The ability to transfer the balance to an new Easy Saver and close the account would be nice)
Alternatively - Do they keep quiet and hope you will forget to transfer it so your money earns little interest?
Do they make it difficult for you to transfer you old online saver to the nice shiny easy saver?
Any help will be appreciated.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
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
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards