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wanted an acc't that doesn't req. £1000/m going in

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Comments

  • ED
    ED Posts: 617 Forumite
    Halifax takes an extra banking day to move £'s to other banks + bdg societies, I believe. Example :
    Wednesday : £'s leave Halifax
    the following Monday : £'s are cleared funds in external account

    Coventry Bdg Society's 'NetSave Instant III' account allows Standing Orders (but apparently not Direct Debits) and pays 4.85% gross for balances of £1 and above. SOs arrive on Day 3. Example :

    Wednesday : £'s leave Coventry BS
    Friday : £'s are cleared funds in external account

    happyhero - maybe the NetSave account could be useful for any Standing Order commitments you have, and it is easy for the customer to set them up online.
  • lipidicman
    lipidicman Posts: 2,598 Forumite
    The Halifax Websaver account has 4.9% interest and has a bank sort code and account number. It does allow Direct Debits.

    What about standing orders - if so this is a great little account I wish I had had one when I set up my Abbey FRMS, as I wanted to drip feed from a saver (not enough income to cover it with everything else) so now I have to remember to do transfers all the time! And abbey wont let you change the originating account for the SO which is silly - it wouldnt involve any admin for them!
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    lipidicman wrote:
    What about standing orders - if so this is a great little account I wish I had had one...
    It looks like this account allows standing orders only to other accounts with Halifax. However, I think it is easy to build a ‘chain’ through their current account.
    I have this account for a year (in addition to regular saver), but only now I have realised how good it is for DDs and SOs.
  • Hi
    Can anyone tell if smile banks requires a £1000 monthly payment. I have just been sent a visa debit card and cheque book but do not deposit that much in monthly.

    Thanks
    Old Faithful we roam the range together,
    Old Faithful in any kind of weather,
    When the round up days are over,
    And the Boulevard’s white with clover,
    For you old faithful pal of mine.
    Giddy up old fella cos the moon is yellow tonight,
    Giddy up old fella cos the moon is mellow and bright,
    There’s a coyote crying at the moon above,
    Carry me back to the one I love,
    And you old faithful pal of mine.
  • cifpower
    cifpower Posts: 6,502 Forumite
    Nothing on the Smile website regarding minimum monthly deposits.
  • Thanks, that signature is not mine. How did it get there and how do i get rid of it?
    Old Faithful we roam the range together,
    Old Faithful in any kind of weather,
    When the round up days are over,
    And the Boulevard’s white with clover,
    For you old faithful pal of mine.
    Giddy up old fella cos the moon is yellow tonight,
    Giddy up old fella cos the moon is mellow and bright,
    There’s a coyote crying at the moon above,
    Carry me back to the one I love,
    And you old faithful pal of mine.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Can anyone tell if smile banks requires a £1000 monthly payment.
    I have £1 on my smile accont for ages.
    How did it get there and how do i get rid of it?
    Try to edit your signature (through User CP at the top)
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