First Direct

garcon6

When switching to First Direct is the banking free or is it one of the accounts you have to pay £10 per month, the requirement is that you have to pay a minimum £1000 salary from May.

Regards,

Garcon 6.

bugbyte_2

I may be wrong but I believe that you can get free banking with FD if you take one of their other products as well. This can be an 'e-saver' account that you can fund with £1. You can open an e saver from your main account and you can transfer £1 on screen, its dead easy. However, the rules may have changes since I opened my account last year so best 'phone to check.

nearlyrich

I think bugbyte is correct..

AlwaysLearnin

yep

http://www1.firstdirect.com/1/2/1st-account

Eligibility
Banking with first!direct usually costs £10 a month, but we'll waive the fee if you pay in at least £1,500 to your 1st!Account each month, maintain an average monthly 1st!Account balance of £1,500 or hold a selected first!direct additional product. From 1 May 2013, we'll waive the fee if you pay in or maintain an average balance of at least £1,000 each month or hold a selected first!direct additional product. This is effective immediately for new customers as we waive the fee for your first six months. Additional products are: a first!direct mortgage, credit card, personal loan, savings account (excluding Regular Saver Account), First Directory, or first!direct car or home insurance policy.

Gromitt

Heck, you can open an e-saver at the same time as your current account and stick £1 in it as soon as your account is active.

maryleerk06

I recently switched to first direct they are offering £100 to move your direct debits and standing orders across. So hey as Gromitt said stick that in an e saver and your laughing

innovate

I don't think Grommit said you should stick £100 into an FD e saver.

He said stick £1 into the FD e saver. Anything more than £1 in there is a waste of money since the interest rates are pants. There are better places to keep the other £99 in.

mgdavid

is the FD Reg saver still paying 8% on £300 per month for a year?

Sensory

mgdavid wrote: »

is the FD Reg saver still paying 8% on £300 per month for a year?

It's 6% now.