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Anyone rush to open a fixed rate account today?

124

Comments

  • Ken68
    Ken68 Posts: 6,825 Forumite
    Part of the Furniture 1,000 Posts Energy Saving Champion Home Insurance Hacker!
    I managed to put quite a lump into Ford Money when it was 1.65% One Year ...and am now contributing to a 1.55% One year.
  • soulsaver
    soulsaver Posts: 7,038 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 13 March 2020 at 3:53PM
    SFindlay said:
    soulsaver said:
    Ford Money have pulled their fixed rate savers luckily I applied for one on Wednesday which opened today so will be topping up over next 14 days
    I opened a Ford 1 & a 2 year yesterday on the off chance that my F1rstsave app won't be processed.
    Now I need to sit down in a darkened room with spreadsheet to consider what to do for the best with all the recent changes... and possible opportunities.


    My FirstSave application was processed fine within a couple of days. You may have seen my other post as I'm wondering why FirstSave don't appear on best buy tables as at 1.7% way out in front!! Wondering if I am missing something??  
    Was that before it was marked 'nla'? I think there has been quite a few 1 year FTBs at better rates, which subsequently disappeared very quickly thus floating FS to near top, but showing not available it isn't likely to be listed.
  • SFindlay
    SFindlay Posts: 397 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    soulsaver said:
    SFindlay said:
    soulsaver said:
    Ford Money have pulled their fixed rate savers luckily I applied for one on Wednesday which opened today so will be topping up over next 14 days
    I opened a Ford 1 & a 2 year yesterday on the off chance that my F1rstsave app won't be processed.
    Now I need to sit down in a darkened room with spreadsheet to consider what to do for the best with all the recent changes... and possible opportunities.


    My FirstSave application was processed fine within a couple of days. You may have seen my other post as I'm wondering why FirstSave don't appear on best buy tables as at 1.7% way out in front!! Wondering if I am missing something??  
    Was that before it was marked 'nla'?
    No, homepage showed nla but when clicked "apply now" it allowed me to apply and got email following day then welcome pack through post day after that. 
  • dazza-mac
    dazza-mac Posts: 337 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi,
    Has anyone applied for a 3 yr fixed with RCI Bank UK at 1.75%?  I'm wondering if a three year fix is a good idea. Any advice?
  • Gers
    Gers Posts: 13,824 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Ford Money have pulled their fixed rate savers luckily I applied for one on Wednesday which opened today so will be topping up over next 14 days

    Me too, Ford were quick to pull their products though I assume they received a large number of applications. I've got an M&S RS maturing on 19th March so will stick that money in the Ford account too.
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    SFindlay said:
    Firstsave has 1 year fixed at 1.7% available, it may say unavailable on homepage however click on apply button and will take you to application. 
    Opened one this afternoon.  The application is different! Had to run up and down the stairs for my NI number and passport.  But once completed they immediately emailed me with application reference and how to make deposits.
    "Look after your pennies and your pounds will look after themselves"
  • RG2015
    RG2015 Posts: 6,229 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Ford Money have pulled their fixed rate savers luckily I applied for one on Wednesday which opened today so will be topping up over next 14 days
    It appears that the fixed accounts are still available when logged into Ford Money online. I have just applied for a 1 year fixed saver and received an email with a temporary application number and advising me that they will send me a secure message when the account is open
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Gers said:
    Ford Money have pulled their fixed rate savers luckily I applied for one on Wednesday which opened today so will be topping up over next 14 days

    Me too, Ford were quick to pull their products though I assume they received a large number of applications. I've got an M&S RS maturing on 19th March so will stick that money in the Ford account too.
    Good customer service Ford Money texting to say they have received your deposit as it will not show in account until next business day if you deposit before 4pm.
    "Look after your pennies and your pounds will look after themselves"
  • womble_87
    womble_87 Posts: 36 Forumite
    10 Posts
    edited 13 March 2020 at 7:00PM
    Given the current situation I would not be putting vast sums of money away where I could not get it, unless I had another big chunk of money some place else. Many companies could go bust, and many people work for these companies. Although this post may look silly in a couple of months. 
  • Gers
    Gers Posts: 13,824 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Gers said:
    Ford Money have pulled their fixed rate savers luckily I applied for one on Wednesday which opened today so will be topping up over next 14 days

    Me too, Ford were quick to pull their products though I assume they received a large number of applications. I've got an M&S RS maturing on 19th March so will stick that money in the Ford account too.
    Good customer service Ford Money texting to say they have received your deposit as it will not show in account until next business day if you deposit before 4pm.

    I've always found Ford Money very responsive and good at communication. 
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