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FirstSave 1 year Bond Paying 1.7%

Anyone experience with FirstSave? Their 1 year bond paying 1.7% is still available (though have to click on apply link as homepage says its unavailable) however it hasn't been appearing on best buy tablets, is this just because of the homepage saying unavailable and people not realising or have there been issues with them?? Subsidiary of Bank of Nigeria but are FSCS regulated so full protection.
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Comments

  • nottsphil
    nottsphil Posts: 734 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 13 March 2020 at 2:41PM
    'Bank' and 'Nigerian' should start alarm bells ringing. So, FSCS regulation means £85K of your capital is fully protected, does it?


  • SFindlay
    SFindlay Posts: 397 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    nottsphil said:
    'Bank' and 'Nigerian' should start alarm bells ringing. So, FSCS regulation means £85K of your capital is fully protected, does it? 
    FirstSave is a UK regulated subsidiary therefore yes funds up to £85,000 protected. They have previously featured in MSE best buy tables. 
  • nottsphil
    nottsphil Posts: 734 Forumite
    Part of the Furniture 500 Posts Name Dropper
    SFindlay said:
    nottsphil said:
    'Bank' and 'Nigerian' should start alarm bells ringing. So, FSCS regulation means £85K of your capital is fully protected, does it? 
    FirstSave is a UK regulated subsidiary therefore yes funds up to £85,000 protected. They have previously featured in MSE best buy tables. 
    OK everyone, try putting First Save or even Bank of Nigeria into the search box here
    https://register.fca.org.uk
  • soulsaver
    soulsaver Posts: 6,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 13 March 2020 at 2:45PM
    I have accounts with FirstSave for years, albeit not much in there lately... But they're near the top of the table for a 1 year fix @1.7% if they'll honour the 'late' applications. 
    PS If worried by stereotypes add into the mix it was founded by a Liverpudlian...lol.
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've been with First Save for years. They used to have some tremendous products.
    Brilliant and efficient.
    Opened one of the 1.7% recently and showed online within hours.


  • SFindlay
    SFindlay Posts: 397 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    nottsphil said:
    SFindlay said:
    nottsphil said:
    'Bank' and 'Nigerian' should start alarm bells ringing. So, FSCS regulation means £85K of your capital is fully protected, does it? 
    FirstSave is a UK regulated subsidiary therefore yes funds up to £85,000 protected. They have previously featured in MSE best buy tables. 
    OK everyone, try putting First Save or even Bank of Nigeria into the search box here
    Yeah done that and comes back as authorised since 2002!!! Your point is what??? 
  • SFindlay
    SFindlay Posts: 397 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    soulsaver said:
    I have accounts with FirstSave for years, albeit not much in there lately... But they're near the top of the table for a 1 year fix @1.7% if they'll honour the 'late' applications. 
    PS If worried by stereotypes add into the mix it was founded by a Liverpudlian...lol.
    Worked in Liverpool for a year so know what getting into!! Lol
    Thanks for reply, put mind at ease.
  • Tildaplum
    Tildaplum Posts: 411 Forumite
    100 Posts Name Dropper
    edited 13 March 2020 at 2:48PM
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    SFindlay said:
    nottsphil said:
    SFindlay said:
    nottsphil said:
    'Bank' and 'Nigerian' should start alarm bells ringing. So, FSCS regulation means £85K of your capital is fully protected, does it? 
    FirstSave is a UK regulated subsidiary therefore yes funds up to £85,000 protected. They have previously featured in MSE best buy tables. 
    OK everyone, try putting First Save or even Bank of Nigeria into the search box here
    Yeah done that and comes back as authorised since 2002!!! Your point is what??? 
    Id put nottsphil on ignore if i were you.


  • SFindlay
    SFindlay Posts: 397 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    I've been with First Save for years. They used to have some tremendous products.
    Brilliant and efficient.
    Opened one of the 1.7% recently and showed online within hours.


    Thanks for that, opened one too but was waiting to fund as wondered why not featuring but will now fund it as don't think anything will be touching 1.7% any time soon!! 
This discussion has been closed.
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