Fixed rate bond on-line cheque deadline?

dadsarmy

As this product will be withdrawn - how long does one have to get the on-line application to the branch?

`3 Year Fixed Rate Bond
When you’re happy to invest your money for 3 years, you want a rate that can help your savings to grow. The Britannia 3 Year Fixed Rate Bond could be for you.

Simply invest at least £1,000 in the 3 Year Fixed Rate Bond and you’ll secure a fixed interest rate. And that’s not the only benefit on offer. With this account you’re also free to choose to receive your interest monthly or annually.

This product will be withdrawn on Thursday 26th July 2012. If you'd like to secure this great rate, apply online before 9pm. Alternatively, hand your paper application into your local Britannia branch'.
Quoted from Britannia website. Thank you for any help/past experiences.

badger09

dadsarmy wrote: »

As this product will be withdrawn - how long does one have to get the on-line application to the branch?

`3 Year Fixed Rate Bond
When you’re happy to invest your money for 3 years, you want a rate that can help your savings to grow. The Britannia 3 Year Fixed Rate Bond could be for you.

Simply invest at least £1,000 in the 3 Year Fixed Rate Bond and you’ll secure a fixed interest rate. And that’s not the only benefit on offer. With this account you’re also free to choose to receive your interest monthly or annually.

This product will be withdrawn on Thursday 26th July 2012. If you'd like to secure this great rate, apply online before 9pm. Alternatively, hand your paper application into your local Britannia branch'.
Quoted from Britannia website. Thank you for any help/past experiences.

No experience of Britannia specifically, but in similar circumstances other banks/building societies have typically allowed 10 - 14 days for deposit to arrive once you've made a successful application. I'm sure they'll tell you if you phone them 0808 156 1208 free from landlines

dadsarmy

Just an update

Ladies on Britannia counter

- one replied no the 9pm deadline will not apply and you will not get the pre-closure rate as have been told that.

- one replied I know nothing about the on-line applications but if that is what it says then that is what should apply.

So I phoned Britannia HQ today and lady there said I should have 14 days to return the application that has been posted to me and the pre-closure rate of 4% will apply (the 3 year rate has just dropped to 3.75%).

badger09

dadsarmy wrote: »

Just an update

Ladies on Britannia counter

- one replied no the 9pm deadline will not apply and you will not get the pre-closure rate as have been told that.

- one replied I know nothing about the on-line applications but if that is what it says then that is what should apply.

So I phoned Britannia HQ today and lady there said I should have 14 days to return the application that has been posted to me and the pre-closure rate of 4% will apply (the 3 year rate has just dropped to 3.75%).

Thanks for the confirmation. I do so like it when I'm right

Just_landed

Brittania's 3 year fixed rate bond @ 4.0% I'm sure is run by Birmingham Midshires B Soc, just like the AA & Saga bond, the Saga one is still open but you need to be 50 or over. I went into 2 Brittania Branches 2 weeks ago with a substantial amount of money to take up the 3 year @ 4% guess what they both told me to make an appointment, both shops had just one customer in each. People complain that they cannot borrow money from banks, this is the first time I've come across a bank that does not want your money.

:(:(:(