Notice Accounts

ForumUser7

Mansfield 90 day notice tracker (NLA) to 4.5% effective today. Source ~ https://www.mansfieldbs.co.uk/latest-news/society-to-increase-variable-rates-for-borrowers-and-savers-from-1-june-2023/

EthicsGradient

Cambsalex said:

PhilFox1985 said:

That's very competitive from investec, and they pass straight through rather than making you switch to a new issue etc. (I belive from prior increases).

I'll be cancelling my dis-investment instruction....and re-starting the clock.

I'm with Investec also. Do you trigger the 90 day instruction immediately so you can move it if it gets to something better after 90 days? I had never thought of that. Can you cancel this instruction at any point?

The email I just got informing me of the increase says, for Investec, you can cancel an instruction any time up until 8pm the night before the withdrawal will take place. If you're happy for it to be an "all or nothing" withdrawal, that's fairly easy; if you want to have the ability to only take out some, then I don't know if it's possible, with any provider, to schedule partial withdrawals on the same day.

jaypers

EthicsGradient said:

Cambsalex said:

PhilFox1985 said:

That's very competitive from investec, and they pass straight through rather than making you switch to a new issue etc. (I belive from prior increases).

I'll be cancelling my dis-investment instruction....and re-starting the clock.

I'm with Investec also. Do you trigger the 90 day instruction immediately so you can move it if it gets to something better after 90 days? I had never thought of that. Can you cancel this instruction at any point?

The email I just got informing me of the increase says, for Investec, you can cancel an instruction any time up until 8pm the night before the withdrawal will take place. If you're happy for it to be an "all or nothing" withdrawal, that's fairly easy; if you want to have the ability to only take out some, then I don't know if it's possible, with any provider, to schedule partial withdrawals on the same day.

I don’t think it is possible to schedule partial withdrawals on the same day, however the easiest workaround would be to allow the full withdrawal to still go through and then refund back on the same day with the amount you wish to have in the account. 

Barkin

EthicsGradient said:

The email I just got informing me of the increase says, for Investec, you can cancel an instruction any time up until 8pm the night before the withdrawal will take place. If you're happy for it to be an "all or nothing" withdrawal, that's fairly easy; if you want to have the ability to only take out some, then I don't know if it's possible, with any provider, to schedule partial withdrawals on the same day.

I have 2 partial withdrawals scheduled for the same day on my Investec 90 day account.
If I do nothing it'll be (almost) emptied on the scheduled date. Or I'll cancel one/both if I wish to leave some/all where it is. 

Burcot

Is the Mansfield BS Tracker - online application? 

ForumUser7

Burcot said:

Is the Mansfield BS Tracker - online application? 

NLA to new applications. IIRC they had a postal/branch version and then an online version

Bridlington1

ForumUser7 said:

Burcot said:

Is the Mansfield BS Tracker - online application? 

NLA to new applications. IIRC they had a postal/branch version and then an online version

I didn't think they did an online version. If my memory serves me well they launched it for post/branch opening/management then withdrew it a few weeks later. The account can still be viewed online but you can't make withdrawals/close it online.

ForumUser7

Bridlington1 said:

ForumUser7 said:

Burcot said:

Is the Mansfield BS Tracker - online application? 

NLA to new applications. IIRC they had a postal/branch version and then an online version

I didn't think they did an online version. If my memory serves me well they launched it for post/branch opening/management then withdrew it a few weeks later. The account can still be viewed online but you can't make withdrawals/close it online.

I've checked their news portion of their site - l think they did have both, but they withdrew the e-tracker before the postal/branch tracker

https://www.mansfieldbs.co.uk/latest-news/etracker-90-product-withdrawn/

https://www.mansfieldbs.co.uk/latest-news/tracker-90-product-withdrawn/

Bridlington1

ForumUser7 said:

Bridlington1 said:

ForumUser7 said:

Burcot said:

Is the Mansfield BS Tracker - online application? 

NLA to new applications. IIRC they had a postal/branch version and then an online version

I didn't think they did an online version. If my memory serves me well they launched it for post/branch opening/management then withdrew it a few weeks later. The account can still be viewed online but you can't make withdrawals/close it online.

I've checked their news portion of their site - l think they did have both, but they withdrew the e-tracker before the postal/branch tracker

https://www.mansfieldbs.co.uk/latest-news/etracker-90-product-withdrawn/

https://www.mansfieldbs.co.uk/latest-news/tracker-90-product-withdrawn/

My apologies then. The e-tracker must have been withdrawn before I'd originally checked their website so I hadn't noticed it.

PhilFox1985

Barkin said:

EthicsGradient said:

The email I just got informing me of the increase says, for Investec, you can cancel an instruction any time up until 8pm the night before the withdrawal will take place. If you're happy for it to be an "all or nothing" withdrawal, that's fairly easy; if you want to have the ability to only take out some, then I don't know if it's possible, with any provider, to schedule partial withdrawals on the same day.

I have 2 partial withdrawals scheduled for the same day on my Investec 90 day account.
If I do nothing it'll be (almost) emptied on the scheduled date. Or I'll cancel one/both if I wish to leave some/all where it is. 

Agree, you can withdraw less than the full amount, providing flexibility. 

Doesn't have to be all or nothing.