We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

£1k that I’m happy to lock away for a year or more

24

Comments

  • Lmc74
    Lmc74 Posts: 26 Forumite
    Fifth Anniversary 10 Posts
    I have the rbs account put in an opening balance of 400 then I add 50 per month. 
  • RG2015
    RG2015 Posts: 6,220 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Swoosh84 said:
    @Zanderman @swaledale_one - Might breach their T&C's but they don't seem to care. Actually got this advice on this forum from another user.

    Bottom line, I opened the account, paid in the full 1k and have been receiving the full interest monthly ever since.
    Can you confirm that after the first month, you have been credited with at least £2.47 every month since you opened the account?
  • Swoosh84
    Swoosh84 Posts: 173 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    RG2015 said:
    Swoosh84 said:
    @Zanderman @swaledale_one - Might breach their T&C's but they don't seem to care. Actually got this advice on this forum from another user.

    Bottom line, I opened the account, paid in the full 1k and have been receiving the full interest monthly ever since.
    Can you confirm that after the first month, you have been credited with at least £2.47 every month since you opened the account?
    Yes, with the exception of month one where I received a pro-rata amount as it was opened mid month.
  • RG2015
    RG2015 Posts: 6,220 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Swoosh84 said:b
    RG2015 said:
    Swoosh84 said:
    @Zanderman @swaledale_one - Might breach their T&C's but they don't seem to care. Actually got this advice on this forum from another user.

    Bottom line, I opened the account, paid in the full 1k and have been receiving the full interest monthly ever since.
    Can you confirm that after the first month, you have been credited with at least £2.47 every month since you opened the account?
    Yes, with the exception of month one where I received a pro-rata amount as it was opened mid month.
    Sounds like NatWest have been a bit lax. Hopefully they won’t block and close all of your accounts and claw back all the extra interest from your £1,000 balance.  :)

    I am possibly a bit envious because my conscience does not permit me to break any rules.
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    RG2015 said:
    Swoosh84 said:b
    RG2015 said:
    Swoosh84 said:
    @Zanderman @swaledale_one - Might breach their T&C's but they don't seem to care. Actually got this advice on this forum from another user.

    Bottom line, I opened the account, paid in the full 1k and have been receiving the full interest monthly ever since.
    Can you confirm that after the first month, you have been credited with at least £2.47 every month since you opened the account?
    Yes, with the exception of month one where I received a pro-rata amount as it was opened mid month.
    Sounds like NatWest have been a bit lax. Hopefully they won’t block and close all of your accounts and claw back all the extra interest from your £1,000 balance.  :)

    I am possibly a bit envious because my conscience does not permit me to break any rules.
    Hmm, I've got Natwest set up exactly as I want it right now with my other reward accounts... so tempting as it is, I'm not going to try maxing the saver out... it's at £300 now so happy to let it tick gradually up to £1000...
  • Billycock
    Billycock Posts: 172 Forumite
    100 Posts Name Dropper
    My oh my!! BM's knowingly participating in fraudulent behaviour, guys and gals did you tick the box accepting the T&C's for the NatWest saver jobby? Accepted that the max monthly contribution is £50? Have a funny feeling that you'll get bitten on your !!!!!!'$  :cold_sweat:
  • RG2015
    RG2015 Posts: 6,220 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Billycock said:
    My oh my!! BM's knowingly participating in fraudulent behaviour, guys and gals did you tick the box accepting the T&C's for the NatWest saver jobby? Accepted that the max monthly contribution is £50? Have a funny feeling that you'll get bitten on your !!!!!!'$  :cold_sweat:
    What's a BM?
  • RG2015
    RG2015 Posts: 6,220 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    RG2015 said:
    Swoosh84 said:b
    RG2015 said:
    Swoosh84 said:
    @Zanderman @swaledale_one - Might breach their T&C's but they don't seem to care. Actually got this advice on this forum from another user.

    Bottom line, I opened the account, paid in the full 1k and have been receiving the full interest monthly ever since.
    Can you confirm that after the first month, you have been credited with at least £2.47 every month since you opened the account?
    Yes, with the exception of month one where I received a pro-rata amount as it was opened mid month.
    Sounds like NatWest have been a bit lax. Hopefully they won’t block and close all of your accounts and claw back all the extra interest from your £1,000 balance.  :)

    I am possibly a bit envious because my conscience does not permit me to break any rules.
    Hmm, I've got Natwest set up exactly as I want it right now with my other reward accounts... so tempting as it is, I'm not going to try maxing the saver out... it's at £300 now so happy to let it tick gradually up to £1000...
    Ah, but will it still be paying 3% in June or July 2022?
  • Dandytf
    Dandytf Posts: 5,073 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 18 May 2021 at 6:52PM
    Swoosh84 said:
    @Zanderman @swaledale_one - Might breach their T&C's but they don't seem to care. Actually got this advice on this forum from another user.

    Bottom line, I opened the account, paid in the full 1k and have been receiving the full interest monthly ever since.
    I exceeded my 50 per month recently, not sure where I got additional 164 from ,though rbs swiped back into my bank account very recently
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
  • Billycock
    Billycock Posts: 172 Forumite
    100 Posts Name Dropper
    RG2015 said:
    Billycock said:
    My oh my!! BM's knowingly participating in fraudulent behaviour, guys and gals did you tick the box accepting the T&C's for the NatWest saver jobby? Accepted that the max monthly contribution is £50? Have a funny feeling that you'll get bitten on your !!!!!!'$  :cold_sweat:
    What's a BM?
    Board Members
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.