Santander 123 still best savings account ?

RG2015

hubb wrote: »

Still, a bit worrying as between other banks I get pretty much instant transfers on any day of the week.

Check your NatWest records for any historical transactions made at the weekend. They will be none as the date is always changed to Monday's date when you look at it on Tuesday or after.

YorkshireBoy

hubb wrote: »

Still, a bit worrying as between other banks I get pretty much instant transfers on any day of the week.

To be fair, Marcus, like many savings account providers, do warn you about weekend transfers in their FAQ...

Marcus_Help_Files wrote:

I transferred money to my Marcus account, but it doesn't seem to be there.

There are a few reasons why this might happen.

If you’ve transferred money over the weekend, it can take until the end of Monday to show in your account depending on when we receive it. Similarly, if you send the money outside of your linked account provider’s business hours, the transaction can take a little longer to show in your Marcus account.

hubb

It turned out I can only make payment from my one bank I gave the details upon signing up which was Santander 123. So I tried twice to make a transfer from this account and twice it failed due to me not receiving any OTP codes to my phone which is registered with them. Perhaps it isn't meant to be that I transfer money into this account.

Frustrating!!!

eschaton

hubb wrote: »

It turned out I can only make payment from my one bank I gave the details upon signing up which was Santander 123. So I tried twice to make a transfer from this account and twice it failed due to me not receiving any OTP codes to my phone which is registered with them. Perhaps it isn't meant to be that I transfer money into this account.

Frustrating!!!

To be fair, I’m sure that was made quite clear on sign-up.

Should be quite easy to transfer your cash into S123 then onto Marcus.

hubb

eschaton wrote: »

To be fair, I’m sure that was made quite clear on sign-up.

Should be quite easy to transfer your cash into S123 then onto Marcus.

No because they fail to send me the opt code which means I can't make the transfer.

EachPenny

hubb wrote: »

No because they fail to send me the opt code which means I can't make the transfer.

Have you contacted Santander to find out why? They are open 7 days per week (Freefone number) including today up to 9pm.

hubb

EachPenny wrote: »

Have you contacted Santander to find out why? They are open 7 days per week (Freefone number) including today up to 9pm.

Yes I have emailed them as 0800 numbers from mobiles cost.

EachPenny

hubb wrote: »

Yes I have emailed them as 0800 numbers from mobiles cost.

Are you sure?

Calls to 0800 numbers now free on mobile phones and landlines
https://www.bbc.co.uk/news/business-33330163

eschaton

hubb wrote: »

Yes I have emailed them as 0800 numbers from mobiles cost.

In 2018 ?

Yorkshire_Pud

I've stayed with the 123 paying the £5 a month.
Tempted by the lite version my worry is I have numerous regular savers and only need to muck one up to go overdrawn. Otherwise I need to keep a balance not earning interest to guard against that.

My solution possibly, is when my monthly saver matures. Will switch the 123 account to Lloyds Club or BOS Vantage which both pay 1.5% on a balance of up tom£5000. Then I will always have enough in the account for standing orders, credit card payments etc.