Regular Savings Accounts: The Best Currently Available List!

gallygirl

edinburgher wrote: »

They amended your spreadsheet GG? Top company :beer:

:rotfl: Managed that by myself Ed :rotfl:

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EachPenny

keyboardworrier wrote: »

I think they may have underestimated how starved we are for a decent rate...

At least being online only they didn't have great long queues outside branches for the news media to go and film.

I think if I was their PR person I'd suggest closing issue 1 to new applicants immediately, honouring the applications already made, put out a statement puffing up the massive demand for their popular new products and how well their systems coped with the deluge, then quietly go back to preparing Issue 2 for launch next week with revised T&C's and a less generous interest rate.

There's nothing like something being in high demand with limited stocks to get customers stampeding to the door even if the new deal isn't quite as good... it feels like a summertime Black Friday... on a Monday morning

ctdctd

The Ford RS is showing "Currently not available" - we broke them!

hgt

According to the Ford Money home page, the 'Regular Saver' is currently not available due to unprecedented demand!

keyboardworrier

I suppose we're about to find out what's happening to any extra accounts people opened up pretty soon. My guess is they will close them.

Ed-1

The regular saver non-ISA shows as 'sold out'. The cash ISA version is still available to apply for.

Westie983

hgt wrote: »

According to the Ford Money home page, the 'Regular Saver' is currently not available due to unprecedented demand!

Wonder if they are hurrying to change the T&C's just like Tesco did when people stampeded for their account when they launched the guaranteed 3%....

Ho hum its a waiting game now

Meanwhile for now all my regular savers are funded...

Westie983

Sceptic001

Klopek wrote: »

Just in case it wasn't clarified already with regards to monthly funding:

"The regular saver monthly funding period is based on when you make your initial deposit and not based on a calendar month. If you fund your account today you would not be able to make another deposit until after 22nd of June."

- Ford Money via Secure Message

Errr... do they really mean after 22nd June? Or do they mean 22nd June? Do I need to amend my standing order from the 22nd to the 23rd?

keyboardworrier

I just tried to move money from the instant access saver to the RS and got this message
Review and correct the following issues before proceeding.

• This deposit will exceed the product limit on your account.

The amount in it at the moment is (obviously) £0...not sure if this is because of them putting things on hold or not.

hgt

Sceptic001 wrote: »

Errr... do they really mean after 22nd June? Or do they mean 22nd June? Do I need to amend my standing order from the 22nd to the 23rd?

I'm just leaving mine as 22nd of each month. Ford are using the Newcastle Building Society IT platform, I already have a few regular savers with Newcastle BS, they work in the same was as this and I've had no problems using the same date each month, it's essentially as long as you don't try to squeeze more than the £250 limit in within your anniversary month - so for all of those who have funded £250 today, you'll next be able to fund on 22nd June.