Shawbrook Easy Access to 6m Fixed

S_dosh

Hello.

I follow the other threads on top accounts but didn't see this mentioned.

When I logged in to Shawbrook to open the 6m fixed @ 2% I couldn't find an option to transfer funds to it from my existing Shawbrook Easy Access account (0.67%). It only says you can pay in via your linked account, which means I would need to transfer all funds out to my linked and back in again, so I left it for now as a bit of a PITA.

Does anyone know if you can do this once the account is open or has anyone e-mailed them about it?

I'm just wondering if it's worth e-mailing them to see if they will do a manual internal transfer.

ranciduk

No you can do this - I did it myself last week 

select your easy access account and send a message - choosing the transfer to another shawbrook account from the drop down 

choose how much you want to move to the fixed account and send it

it will be moved in a day or so 

soulsaver

They're unlikely to act on email - better with a secure message.

cloud_dog

Unfortunately, as they are suffering with large volumes, you may as well just go through the hassle of transferring it.  Withdrew on Monday AM, arrived on Tuesday, back in Shawbrook 6 month Fixed by Tuesday evening.

S_dosh

Great thanks!!

I will give that a go.

@soulsaver Sorry I did actually mean secure message, not e-mail

ranciduk

Yep i tried it just as a test and it’s very easy- but it’s not instant 

it won’t reach the fixed for at least a day

im actually transferring all my deposits from my nominated account- but as I had some cash in mr shawbrook easy access I thought it give it a go to see how easy it was

p.s. You know their easy access pays 0.89% now? Not sure how you go about getting yours upgraded though as I’ve never done that 

soulsaver

Don't start the 'out and back in' on a Friday - you'll lose the funds in cyber space until lunch time Monday before you can send it back.

S_dosh

ranciduk said:

p.s. You know their easy access pays 0.89% now? Not sure how you go about getting yours upgraded though as I’ve never done that 

Yes thanks, I am aware. I only just got them to up it from it's previous rate to 0.67%. You just send them a secure message requesting them to do it. I learned that from this forum too

I will have to request again while I'm at it.

S_dosh

cloud_dog said:

Unfortunately, as they are suffering with large volumes, you may as well just go through the hassle of transferring it.  Withdrew on Monday AM, arrived on Tuesday, back in Shawbrook 6 month Fixed by Tuesday evening.

Thanks @cloud_dog but I was just trying to avoid that as I would have to do a min. of 3 transfers out (max. 1 per day) and then 3 in due to the daily FP limit with my bank.

cloud_dog

S_dosh said:

cloud_dog said:

Unfortunately, as they are suffering with large volumes, you may as well just go through the hassle of transferring it.  Withdrew on Monday AM, arrived on Tuesday, back in Shawbrook 6 month Fixed by Tuesday evening.

Thanks @cloud_dog but I was just trying to avoid that as I would have to do a min. of 3 transfers out (max. 1 per day) and then 3 in due to the daily FP limit with my bank.

Ah yes, I didn't really think in terms of large amounts, although it is something I will have to deal with come the end of the month (manoeuvring mother's finances; assuming the 6 month fix is still available) 

ranciduk

I read lately that if they withdraw the account - shawbrook still give you an additional 7 days to get more deposits in

I think!