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MSE News: Car giant Ford gears up to launch market-leading regular savings

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Comments

  • B_G_B
    B_G_B Posts: 502 Forumite
    Sussed it. Just noticed a bit of a car theme going on here.
  • silverwhistle
    silverwhistle Posts: 4,006 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jamei305 wrote: »
    I reckon quite a few people will transit to these accounts from their existing providers, despite the total amount of interest payable not being enough for a holiday to Cortina.

    Granada would be cheaper.
  • Terry98
    Terry98 Posts: 1,155 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker
    Now how much can I afford to save ?
  • Deneb
    Deneb Posts: 420 Forumite
    Part of the Furniture 100 Posts
    Just need to get off my RS and open one.
  • Chickereeeee
    Chickereeeee Posts: 1,290 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    B_G_B wrote: »
    Sussed it. Just noticed a bit of a car theme going on here.

    That S-Max of sarcasm.

    Obviously you are a bit of a Maverick, and would prefer to go Freestyle.

    Would you not like to be on the Sierra, with a warm Zephyr in your face, looking up at Orion? Or do you prefer Corsair?
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    10,000 Posts Combo Breaker
    I said on the other thread the other day that I wish I could invest in Consuls rather than these tyresome regular savings accounts :(
    "In the future, everyone will be rich for 15 minutes"
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Who's going to want an ISA which lets you put only £3,000 of the £20,000 allowance into it?

    End of year top-up, perhaps?
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    10,000 Posts Combo Breaker
    Consumerist wrote: »
    Who's going to want an ISA which lets you put only £3,000 of the £20,000 allowance into it?

    This is being discussed elsewhere - Ford have other ISA's and funds can be transferred between them. The top-up funds can go into another Ford cash ISA and then be slid across at the end of the RS term.
    "In the future, everyone will be rich for 15 minutes"
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    edited 22 May 2017 at 4:20AM
    Not showing online yet, or on their front screen but on another thread a link was posted...

    Looks like it works like Santander with the anniversary months, so this will stop you having 13 payments, You can save up to £250 and make multiple deposits in your anniversary month.

    Looks like they use Barclays as a clearing bank as the sort code is 20 XXXX.

    Not much more to share other then, if like myself you have some maturing regular savers and dont know what to do with the money, reinvest it back into a 4% product and drip feed from a 3% (this is my plan)

    Ford Regular Saver,

    Ford Regular Saver Cash ISA

    Westie983
    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%
  • bobbly
    bobbly Posts: 45 Forumite
    Ninth Anniversary 10 Posts Combo Breaker
    The landing page for the Regular Saver is at https://www.fordmoney.co.uk/savings-products/regular-saver

    Did anyone else think the restrictions on the memorable name/place fields were ridiculous?
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