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Northern Rock Fixed Rate Bond

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  • talexuser
    talexuser Posts: 3,531 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can I thank Marionandpaul for bringing this to our attention. I just opened an account over the phone, easy because I already had the esaver4 which was also highlighted recently on this forum! :D I'm putting my notice in 6 months just in case...

    In these days of 0.5 base and 5% inflation we need these forums and the folks who take time to contribute :beer:
  • SnowMan
    SnowMan Posts: 3,679 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 21 January 2011 at 2:33PM
    talexuser wrote: »
    Can I thank Marionandpaul for bringing this to our attention.

    Absolutely. That very much needed saying. Just opened an account today and paid in a cheque and transferred separate funds from the e saver 4.
    :beer:

    Still available but unlikely to be there by tomorrow and could close during today.
    I came, I saw, I melted
  • soulsaver
    soulsaver Posts: 6,618 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The lady on the phone that I just spoke with (while I opened one too) said it was likely to close '....after the weekend'.

    But better to err on the side of caution.

    BTW Good spot OP, much appreciated:thumb:
  • SnowMan
    SnowMan Posts: 3,679 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    soulsaver wrote: »
    The lady on the phone that I just spoke with (while I opened one too) said it was likely to close '....after the weekend'.

    But better to err on the side of caution.

    BTW Good spot OP, much appreciated:thumb:

    northernrock-782615.jpg

    Here we go again :D
    I came, I saw, I melted
  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    soulsaver wrote: »
    The lady on the phone that I just spoke with (while I opened one too) said it was likely to close '....after the weekend'.

    Presumably you can only add money while account is available - better hope the issue doesn't close tonight (unless you've transferred in from another NR account)
  • ANGLICANPAT
    ANGLICANPAT Posts: 1,455 Forumite
    Part of the Furniture 1,000 Posts
    SnowMan wrote: »
    Have just transferred money in from my e saver 4 Northern Rock account.
    You mean e saver issue 3 ? or have I missed out on an upgrade somewhere?
  • SnowMan
    SnowMan Posts: 3,679 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 21 January 2011 at 7:07PM
    SnowMan wrote: »
    Have just transferred money in from my e saver 4 Northern Rock account.
    You mean e saver issue 3 ? or have I missed out on an upgrade somewhere?

    The e saver 4 was an easy access account paying 3% AER which came out in December but wasn't about for long. If you blinked you would have missed it.

    This was the thread about it

    The e saver 3 is not a bad account but only pays 2.5% although it has a lower minimum balance of £1 rather than the £10,000 under the e saver 4.
    I came, I saw, I melted
  • skitskut
    skitskut Posts: 239 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    SnowMan wrote: »
    Have just transferred money in from my e saver 4 Northern Rock account.
    You mean e saver issue 3 ? or have I missed out on an upgrade somewhere?

    There was an issue 4 (only lasted for 11 days last month though).

    See here:
    https://forums.moneysavingexpert.com/discussion/2913936
  • soulsaver
    soulsaver Posts: 6,618 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 21 January 2011 at 7:21PM
    Presumably you can only add money while account is available - better hope the issue doesn't close tonight (unless you've transferred in from another NR account)
    In a 2nd conversation the NR guy reckons it won't close at the weekend, but prob wont see daylight Tuesday.
    I have transferred my stash from my NR esaver4 to be certain, then I'm topping that back up from a maturing bond. It'll cost me a little interest for going below 10K but I'd rather that than have a bacs bounce back AND miss the boat.
  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    soulsaver wrote: »
    In a 2nd conversation the NR guy reckons it won't close at the weekend, but prob wont see daylight Tuesday.
    I have transferred my stash from my NR esaver4 to be certain, then I'm topping that back up from a maturing bond. It'll cost me a little interest for going below 10K but I'd rather that than have a bacs bounce back AND miss the boat.

    Cheers - might give it a go tomorrow at branch
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