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Opening BOS accounts

124

Comments

  • vernall
    vernall Posts: 561 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Can somebody just clarify when BoS month starts for paying in the £1000 please?

    Is it date of opening?or 1st of month? or 1st working day?or 2nd working day?.......them saying interest is calculated on your balance on 2nd working day of month has thrown me lol

    Thanks
  • eskbanker
    eskbanker Posts: 37,990 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    See post #7, which quoted the BoS site's specification of calendar months....
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    badger09 wrote: »
    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;).

    Never mind, I decided to try again online and it let me open numbers 2 and 3 without any problems :p
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    I managed to open number two online, have no need for number 3 but I also was able to open another internet saver with Tesco, so I have another account to use to pull DD from.
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • karlie88
    karlie88 Posts: 9,114 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Something related to the title of this thread in a way...

    ...I note in this week's MSE email that BoS is mentioned as a good 'savings' account. Am I correct in thinking that this is one of the very few times (first time?) that the MSE editorial team have included it as a top pick account?
    :grouphug: :D Official MSE canny forumite and HUKD VIP badge member :D :grouphug:
  • Kernel_Sanders
    Kernel_Sanders Posts: 3,617 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 1 November 2016 at 7:29PM
    Have had 2 BoS Vantage a/ccs for a while now and just tried to open a third. A few seconds after submitting, this came up and has been there half an hour; no explanation, no email, no nothing. file.html
    file.html
    [IMG]http://forums.moneysavingexpert.com/<a href=http://www89.zippyshare.com/v/xc0iRHmq/file.html rel=nofollow>[/img]file.htmlfile.html]file.htmlfile.html
  • Katiehound
    Katiehound Posts: 8,131 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I opened all 3 of my BOS Vantage a/cs over the phone.
    First one very intrusive questions down to the last full stop!
    2nd- only a few weeks later , a lot more generalised.
    3rd- very quick & straightforward.

    I can't think they brought in the need for 2 x DDs on Sept 1st and then will almost immediately cut the rate? But if Santander can change t&cs in a short space of time then I guess anything is possible.
    Being polite and pleasant doesn't cost anything!
    -Stash bust:in 2022:337
    Stash bust :2023. 120duvets, 24bags,43dogcoats, 2scrunchies, 10mitts, 6 bootees, 8spec cases, 2 A6notebooks, 59cards, 6 lav bags,36 angels,9 bones,1 blanket, 1 lined bag,3 owls, 88 pyramids = total 420total spend £5.Total for 'Dogs for Good' £546.82

    2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
    Knits:6covers,4hats,10mitts,2 bootees.
    Crotchet:61angels, 229cards=453 £158.55profit!!!
    2025 3dduvets
  • badger09 wrote: »
    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;).

    Is it likely that "I just want the interest" would qualify as an acceptable reason for wanting second and third BOS accounts? I'm slightly nervous about applying for second and third accounts after reading other posts.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is it likely that "I just want the interest" would qualify as an acceptable reason for wanting second and third BOS accounts?
    Why would you say that when you could just as easily say...

    It's for bills and expenses.
    It's for rental income.
    It's for my secondary income streams.
    It's to help me budget better.
    Etc
    Etc
  • Why would you say that when you could just as easily say...

    It's for bills and expenses.
    It's for rental income.
    It's for my secondary income streams.
    It's to help me budget better.
    Etc
    Etc

    I'd prefer to not have to lie though :D
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