5% one-year fix, Nottingham BS?

MissyD_2

owains wrote: »

OK thanks for the info. I sent the form off this morning with a brief covering note and scanned copy of my passport as proof of ID. Don't expect they'll accept it but worth a try.

Hey there, I just wondered how did you get on opening the account by post with copies of your ID:question:

adindas

I have read that Nottingham BS will do again the ISA regular saver for 5%.

People who has done that probably could shed the light the link where to download the application form that I could send to their headquarter ?

thanks

saintalan

adindas wrote: »

I have read that Nottingham BS will do again the ISA regular saver for 5%.

People who has done that probably could shed the light the link where to download the application form that I could send to their headquarter ?

thanks

http://www.thenottingham.com/uploadedFiles/Download_Library/cash-isa-application-form.pdf

MissyD_2

BFM wrote: »

on the basis that if they are offering a product to the market they want folks to actually buy/use it, why would they limit this to a branch only product.

I don't get what is in it for them?

Some decent rate accounts have terms like:
Must have dependants under 18??? !!!!!!???
Must live within 25 miles of Stockport??? WHY???

In the current market of the triple dip recession (yes, I did indeed and am not afraid to say it!) what are we to expect if the government are hell bent on letting the banks get away with "murder" and still line their pockets with billions in bonuses, even after bailing the banks out, and giving the banks cheap loans that aren't giving to customers, housing market on the floor and yet how are those that are trying still meant to get together 10% for a deposit of at least a 250k property??

Colin297

Do they accept transfers?

What about monthly payments in to it?

saintalan

Colin297 wrote: »

Do they accept transfers?

What about monthly payments in to it?

No transfers and maximum deposits of £480 per month, of course it still has not been officially announced!

innovate

MissyD wrote: »

Some decent rate accounts have terms like:
Must have dependants under 18??? !!!!!!???
Must live within 25 miles of Stockport??? WHY???

Because they want to support families.
Because they have decided to offer their services just in the Stockport area.

These sorts of offerings have been around since the year dot, and will be around in the future whether you approve or not. It is for the BBSs and banks to decide what business model and offers they will run.

marathonic

innovate wrote: »

Because they want to support families.
Because they have decided to offer their services just in the Stockport area.

These sorts of offerings have been around since the year dot, and will be around in the future whether you approve or not. It is for the BBSs and banks to decide what business model and offers they will run.

Exactly... it's not to ensure deposits are of a manageable amound as suggested above - if this were the case, they'd just release a 3.2% regular savings ISA or something similar that has a rate JUST high enough to get them to the top of the best buy list.

There'd be no need to offer 4% if they wanted to avoid excessive deposits.

MissyD_2

innovate wrote: »

Because they want to support families.
Because they have decided to offer their services just in the Stockport area.

These sorts of offerings have been around since the year dot, and will be around in the future whether you approve or not. It is for the BBSs and banks to decide what business model and offers they will run.

It's not so much that I don't approve & OK, I didn't know that this had always been the case, however I do understand some accounts are only for children etc.
However, it's a real kick in the teeth for me as a single person & no kids whom has seen at least 3/4 accounts of late that penalise people because I don't meet certain requirements, which realistically have nothing to do with if I can save or not, just seems to be discrimination for not having children or not living outside of London.......
I just don't think banks should be able to discriminate against potential customers, for any other reason than finances.....i.e. you don't earn enough to borrow....
Kind of makes me relate this to the man (whom I DO NOT LIKE) whom went EU Courts and won against Car Insurance premium costs being higher for him because he IS statistically more likely to make a claim than a woman..... & Now we're all paying a hell of a lot more.....

saintalan

MissyD wrote: »

It's not so much that I don't approve & OK, I didn't know that this had always been the case, however I do understand some accounts are only for children etc.....

Not an ISA I know but Norwich & Peterborough's e-Family Regular Saver does not check whether you have children and pays 5%

Cheers

Alan