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The Top Easy Access Savings Discussion Area

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  • Dave205
    Dave205 Posts: 7 Forumite
    Post Office launches best buy savings accounts

    Online Saver Issue 4 pays 3.01%, including a one-year bonus of 1.36%. The account can be opened with as little as £1 and it allows unlimited withdrawals with no penalties.

    Can't post link sorry
  • Mr_K
    Mr_K Posts: 1,171 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Car Insurance Carver!
    I closed the 2.9% Online Saver I had with the post office . Wasn't happy with the way it was run. Cumbersome to get money in and out (BACS payments). Debit card payments could be done but they didn't show up for several days. Customer sevice non-existent. Plus the complication of having the Bank of Ireland behind it - I know the UK part of them is protected but who needs the hassle if things go wrong. The fact that they have launched 4 versions of this account within a short space of time doesn't inspire confidence. i.e. more interested in plaiyng games with interest rates and grabbing as much money as possible.

    Need to consider these things aswell as the interest rate if deciding to open an account.
  • kdclare
    kdclare Posts: 8 Forumite
    Hi Moneysavers,

    Wesleyan bank's fixed rate deposit accounts are now withdrawn from sale after having been on offer just recently (< 1 week ago).

    I applied for one of these accounts after seeing it on the Top Savings Accounts page. And I was shock to see that it's gone within just a few days! When I checked on Wesleyan's website, I can no longer find interest rates information relating to these accounts!

    I am very concerned!!! Is there something wrong with Wesleyan bank or these accounts? I've already issued a cheque as initial deposit - will they take my money and disappear??? Should I ask my bank to stop the cheque?

    Anyone knows what's going on please help!
  • Steve_xx
    Steve_xx Posts: 6,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    kdclare wrote: »
    Hi Moneysavers,

    Wesleyan bank's fixed rate deposit accounts are now withdrawn from sale after having been on offer just recently (< 1 week ago).

    I applied for one of these accounts after seeing it on the Top Savings Accounts page. And I was shock to see that it's gone within just a few days! When I checked on Wesleyan's website, I can no longer find interest rates information relating to these accounts!

    I am very concerned!!! Is there something wrong with Wesleyan bank or these accounts? I've already issued a cheque as initial deposit - will they take my money and disappear??? Should I ask my bank to stop the cheque?

    Anyone knows what's going on please help!

    It looks to be like it is still available, ie 5year bond at 4.%

    http://www.wesleyan.co.uk/about-us/wesleyanbank/fixedratedepositaccount
  • murphydavid
    murphydavid Posts: 833 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Steve_xx wrote: »
    It looks to be like it is still available, ie 5year bond at 4.%

    http://www.wesleyan.co.uk/about-us/wesleyanbank/fixedratedepositaccount

    Yes but its hard to find without your link. Its the first web site I have seen where you need to look under "About Us" to get to the savings accounts.
  • Steve_xx
    Steve_xx Posts: 6,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yes but its hard to find without your link. Its the first web site I have seen where you need to look under "About Us" to get to the savings accounts.
    To get there I simly typed "wesleyan bank" into Google, and there it was. I hadn't noticed it being under the "About US" section. It is a bit odd.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    kdclare wrote: »
    Hi Moneysavers,

    Wesleyan bank's fixed rate deposit accounts are now withdrawn from sale after having been on offer just recently (< 1 week ago).

    Anyone knows what's going on please help!
    Isn't this thread called "The Top Instant Access Savings Discussion Area "?
  • murphydavid
    murphydavid Posts: 833 Forumite
    Part of the Furniture 500 Posts Name Dropper
    G_M wrote: »
    Isn't this thread called "The Top Instant Access Savings Discussion Area "?

    Yes you get to it from the link on Martins article
    "Top Savings Accounts

    Do you want to discuss this article."

    Read the article! that's what we are discussing.
  • Steve_xx
    Steve_xx Posts: 6,979 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    G_M wrote: »
    Isn't this thread called "The Top Instant Access Savings Discussion Area "?
    It often says "Typhoo Tea" on the sides of buses, but they don't sell it!
This discussion has been closed.
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