Bank of Cyprus online easy access account

RG2015

zilla6 wrote: »

Do you know if withdrawals to your non Tesco account are paid the same day or only on the following day, as is the case with Ford Money?

Sorry, I don't. I always transfer to my Tesco Bank current account first and then use Faster Payments.

ColdIron

Tesco are fast, generally instant

zilla6

RG2015 wrote: »

No, six at the same time. I currently have three.

Just curious, what are the advantages of having more than one account?

RG2015

zilla6 wrote: »

Just curious, what are the advantages of having more than one account?

The bonus only runs for twelve months so having other accounts opened at later dates extends the bonus period. My 1.35% expires in November 2018 but I now have a 1.30% that runs to March 2019.

If rates change up in the next few months I may open another.

Neil_Jones

I was one of the lucky ones that got (and still has) the 1.55% rate from Bank of Cyprus.

It works fine. Transfers out are normally quickly through the working day but sometimes a bit slower out of normal hours - however usually within the "2 hour payment window". Worse case was an overnight wait but that's the exception rather than the rule.

I'm happy with them.

jimjames

zilla6 wrote: »

Does anyone have any experience with this?
I've checked the trust pilot reviews and they are all poor or bad. There are no good reviews at all.

It is advertising @ 1.2% with a year's bonus.

When Tesco bank pays 1.3% I'm not sure why you'd bother with one with poor reviews and lower rate

jimjames

RG2015 wrote: »

I always transfer to my Tesco Bank current account first.

Absolutely. When it pays 3% it's a no brainer to have one too

RG2015

jimjames wrote: »

Absolutely. When it pays 3% it's a no brainer to have one too

Just to clarify, I meant I transfer via my Tesco Bank current account and therefore would not be aware of any payment speed limitations the savings account may have.

The 3% current account always has exactly £3,000 in it.