Opening BOS accounts

JustAnotherSaver

Wow over 70?

And I thought I was bad with almost 40 a few years ago.

Any news on the interest rate for these BOS accounts? I can't see them staying at 3%, not when everyone else is reducing theirs.

It's only a matter of time before nationwide drop their flex direct so I got my family members to open one, even if they only keep a bit in it & not the full amount.

JustAnotherSaver

dave23 wrote: »

Can anyone confirm that BOS will accept direct debits from Tesco Internet Saver and Tesco Instant Access and you have been credited with monthly interest. I am looking to open an account to put my TSB monthly saver into when it matures end of this month.

I put those very direct debits in place a few months ago after hearing about the requirements.

I don't know when the direct debit requirements come/came into play but I can confirm I got interest paid this month with those direct debits being the only ones on the accounts.

jennifernil

Same here.

xylophone

And here as well.

badger09

Me too

What will we all do if this facility is ever withdrawn:eek:

ratechaser

Just out of curiosity, do BoS give you the third degree about wanting the 2nd/3rd accounts when you call? I stuck with just the one originally after getting rejected for a 2nd online, but in this new world of interest rates I'd be mad to turn up a home for another 10k at 3%...

It would be worth a few questions about why I want them when I live about 400 miles from the nearest branch, but always nice to be prepared if that is the case!

System

I'd expect them to tighten their criteria (or simply reduce rates) now with their 2 ugly sister (banks) reducing their rates.

ratechaser wrote: »

Just out of curiosity, do BoS give you the third degree about wanting the 2nd/3rd accounts when you call? I stuck with just the one originally after getting rejected for a 2nd online, but in this new world of interest rates I'd be mad to turn up a home for another 10k at 3%...

It would be worth a few questions about why I want them when I live about 400 miles from the nearest branch, but always nice to be prepared if that is the case!

badger09

ratechaser wrote: »

Just out of curiosity, do BoS give you the third degree about wanting the 2nd/3rd accounts when you call? I stuck with just the one originally after getting rejected for a 2nd online, but in this new world of interest rates I'd be mad to turn up a home for another 10k at 3%...

It would be worth a few questions about why I want them when I live about 400 miles from the nearest branch, but always nice to be prepared if that is the case!

It was so long ago I can't remember exactly what I was asked.

I was ready with some reasons for wanting additional accounts though;).

33q

89....and 2 more planned

you need to be good at Excel for this game

33q

Does know how quickly you can transfer an account after set up

I have set up an RBS account simply as a platform to get me to an M and S regular saver at 5%

I'm feeding DDs from my Tesco savers