We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Abbey eSaver

I'm currently in the process of moving my money out of my ING savings account as I feel their customers service is poor and they lie by saying "same rate for all".

What is the Abbey Esaver account like? It seems a lot better than ING.

I know that their are better rates out their to be had but I feel that I could trust my savings with abbey.

Comments

  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    They seem to be OK with nice features for a savings account - set up your own list of payees and schedule payments etc - so you're not tied to your bank account.

    The downside is the rate is subject to a 'bonus' and slips away after 6 months to just 5.45% I think so you wouldn't want to keep money in there for long anyway. (It is possible to draw down to a nil balance and interest is paid monthly btw) For true 'savings' you would have to accept the restrictions of being linked to a current account again and could then get well over 6% on range of ING-like accounts.

    Other than that -hope that you never need to talk to anyone at Abbey about a problem because their customer service is poor.
    .....under construction.... COVID is a [discontinued] scam
  • PBA
    PBA Posts: 1,521 Forumite
    Milarky wrote: »
    6 months
    Now 12 months
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.