Time to ditch the 123

TheShape

I applied for the First Direct Account last night. As far as I can see from other posters and the T&Cs, the savings account (not the regular saver) eliminates the need to fund the account each month, bar the initial £1000 to claim the switching incentive.

forgotmyname

Yeah when i read the conditions the regular saver was not in the list of accounts related to disabling the £10 fee.
The account name that popped up was just called "Savings Account". So i guess thats the one. Open it up and stick a small sum into that. Use it to drip feed the regular saver?

Does the money they transfer from the old account count towards the £1000?

Thanks

Organist

Definately the case my wife and I had one each over the last 3 years

forgotmyname

They phoned today to clarify a few questions, I ticked a box saying i would be making regular payments into the account and they want to know if this was cash or from a bank transfer etc.

And they confirmed the money transferred with the account counts towards the £1000 also.