The Top Easy Access Savings Discussion Area

allegro120

FIREmenow said:

Thanks @soulsaver and @slinger2

Is anyone keeping any money in any Virgin money defined access e-saver accounts that have a rate drop coming up? 

Just wondering if it's worth leaving it open for a potential rise from the ashes.

The chances for this account to become useful are very slim but I will keep £1 there just in case, it doesn't hurt.

allegro120

FIREmenow said:

Skipton financial adviser bonus account:
Had anyone who used the guessed link to sign up for this been asked to book an appointment yet?

No, and I'd be very surprised if this will happen.

Sea_Shell

In case anyone's interested, Hoist (via Raisin) are reducing the rate on their Easy Access account from 5% to 4.85% from 7th June.  

flaneurs_lobster

gravel_2 said:

Account seems to be for FAs to share with existing clients until they are "ready to invest". I doubt you'll hear from a Skipton FA, but wonder if they'll revoke the accounts as technically none of us are eligible.

That some who have opened this account are not the target customers is a given, but there is nothing I have seen in the T&Cs or elsewhere to suggest ineligibility.

BigBlueSky

flaneurs_lobster said:

gravel_2 said:

Account seems to be for FAs to share with existing clients until they are "ready to invest". I doubt you'll hear from a Skipton FA, but wonder if they'll revoke the accounts as technically none of us are eligible.

That some who have opened this account are not the target customers is a given, but there is nothing I have seen in the T&Cs or elsewhere to suggest ineligibility.

Trying to find the link for this but can't.  Can anyone help please?  Thanks in advance.

flaneurs_lobster

BigBlueSky said:

flaneurs_lobster said:

gravel_2 said:

Account seems to be for FAs to share with existing clients until they are "ready to invest". I doubt you'll hear from a Skipton FA, but wonder if they'll revoke the accounts as technically none of us are eligible.

That some who have opened this account are not the target customers is a given, but there is nothing I have seen in the T&Cs or elsewhere to suggest ineligibility.

Trying to find the link for this but can't.  Can anyone help please?  Thanks in advance.

Link here

https://forums.moneysavingexpert.com/discussion/comment/80787593/#Comment_80787593

gravel_2

flaneurs_lobster said:

gravel_2 said:

Account seems to be for FAs to share with existing clients until they are "ready to invest". I doubt you'll hear from a Skipton FA, but wonder if they'll revoke the accounts as technically none of us are eligible.

That some who have opened this account are not the target customers is a given, but there is nothing I have seen in the T&Cs or elsewhere to suggest ineligibility.

"This account might be right for you if you:
have agreed to have an appointment with one of our Financial Advisers and want to keep your money in a savings account until you’ve decided whether to invest" 

"This account is available to UK residents aged 18 or over who have agreed to have an appointment with one of our financial advisers"

"If you cease to be eligible for an account that can be operated online, we’ll change your account to a suitable alternative account."

mebu60

FIREmenow said:

Thanks @soulsaver and @slinger2

Is anyone keeping any money in any Virgin money defined access e-saver accounts that have a rate drop coming up? 

Just wondering if it's worth leaving it open for a potential rise from the ashes.

Yes. Only a few hundred £s while I'm on holiday as I take the VM debit card as a back-up.

JGal

flaneurs_lobster said:

gravel_2 said:

Account seems to be for FAs to share with existing clients until they are "ready to invest". I doubt you'll hear from a Skipton FA, but wonder if they'll revoke the accounts as technically none of us are eligible.

That some who have opened this account are not the target customers is a given, but there is nothing I have seen in the T&Cs or elsewhere to suggest ineligibility.

I've opened one but can't find the T&C. Do you have a link to them?

Bridlington1

JGal said:

flaneurs_lobster said:

gravel_2 said:

Account seems to be for FAs to share with existing clients until they are "ready to invest". I doubt you'll hear from a Skipton FA, but wonder if they'll revoke the accounts as technically none of us are eligible.

That some who have opened this account are not the target customers is a given, but there is nothing I have seen in the T&Cs or elsewhere to suggest ineligibility.

I've opened one but can't find the T&C. Do you have a link to them?

A link to the link to the terms was provided 3 pages up. Ts&Cs are below:

https://ia800301.us.archive.org/24/items/skipton-fa-bonus-saver-issue-1-e-savings-document/Skipton FA Bonus Saver Issue 1 eSavings-document.pdf