Chartersavingsbank

Is there any point in me keeping open my chartersavingsbank account as they seem to have moved their products to HL?
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  • DaliahDaliah Forumite
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    Can you elaborate on this please?
  • KrakkkersKrakkkers Forumite
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    Pretty much all their products have been removed  from their own website, no fixed bonds, no easy access just an isa.
    Their products now are available on the HL platform.
    I have a charter account which now seems pointless.

  • eskbankereskbanker Forumite
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    Krakkkers said:
    Pretty much all their products have been removed  from their own website, no fixed bonds, no easy access just an isa.
    Their products now are available on the HL platform.
    I have a charter account which now seems pointless.
    What makes your existing account pointless?

    If there are better rates elsewhere (and you're free to move) then move in the same way you normally would (and for the same reason), but if not then stick with them, or are you concerned about their solvency or something?
  • KrakkkersKrakkkers Forumite
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    I have an easy access account with charter and was going to move it to a fixed rate account when I was happy with the rates.
    It appears now that those accounts will not be available so I guess I will be moving my money.
  • DaliahDaliah Forumite
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    Krakkkers said:
    Pretty much all their products have been removed  from their own website, no fixed bonds, no easy access just an isa.
    Their products now are available on the HL platform.
    I have a charter account which now seems pointless.

    It's correct that all non-ISA Charter accounts are now only available vie HL, but only until next Thursday.

    Why do you think your existing Charter account has been made pointless by this? You have FSCS protection, which seems to be all that matters. 
  • KrakkkersKrakkkers Forumite
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    What's happening next thursday?
    The money was parked ready to transfer across to a fixed rate product, if one is not going to be available on charter then I will close the account and move elsewhere.

  • metrobusmetrobus Forumite
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    Krakkkers said:
    What's happening next thursday?
    The money was parked ready to transfer across to a fixed rate product, if one is not going to be available on charter then I will close the account and move elsewhere.

    I am in exactly the same posistion,
  • edited 28 October 2022 at 6:04AM
    DaliahDaliah Forumite
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    edited 28 October 2022 at 6:04AM
    Next Thursday is the last day the accounts are available at HL, according to HL’s website.

    Not sure what your issue is with depositing if your money is ready to deposit into an account you have chosen as the right one for you. Why not just deposit it?
  • Bigwheels1111Bigwheels1111 Forumite
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    Krakkkers said:
    What's happening next thursday?
    The money was parked ready to transfer across to a fixed rate product, if one is not going to be available on charter then I will close the account and move elsewhere.


    The next base rate rise will be announced.
    Thats the only thing I can think of.
  • KrakkkersKrakkkers Forumite
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    The money was put in a Charter easy access account waiting for a Charter fix to appear, if one is not going to appear then i will move my money elsewhere.
    The easy access account was only ever a temporary thing.
    I have accounts with Atom and Shawbrook who do have fixed rate options but have put in as much as i want with them so now will have to look at another provider.
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