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Vanquis Bank

2456713

Comments

  • jimexbox said:
    I'm going to open a one year's fix tonight. You have 30 days to fund the account, enough time to see how one year rates are heading. 
    Just to add, I was looking through the various accounts earlier and the 2 year fixed vanished in front of my eyes, no longer available.
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • yep just looked and 2 year fix not available any more 
  • I can see the 2 year fix at the moment - 5% interest.
  • refluxer
    refluxer Posts: 3,391 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    I can see the 2 year fix at the moment - 5% interest.
    If you click 'apply', it's no longer available.
  • Ah ok - I understand. Just saw that it still seemed to be available.
  • Just opened a 1yr fix seemed easy enough and said successful, awaiting paperwork 
    Shame about the 2 yr fix don't really want to fix for any longer than 2 years at the moment 

  • jimexbox
    jimexbox Posts: 12,493 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Can you deposit more than you indicate on initial application?


  • From their FAQ:-

    Once you have funded your Vanquis Bank Savings account you cannot add to it. You can however open another Vanquis Bank Savings account provided you are able to fund the new deposit with at least the minimum investment amount. To apply for another Vanquis Bank Savings account please log into your account online and select the "Open Another Account" tab

  • bristolleedsfan
    bristolleedsfan Posts: 12,750 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 7 November 2022 at 8:18PM
    jimexbox said:
    I'm going to open a one year's fix tonight. You have 30 days to fund the account, enough time to see how one year rates are heading. 
    FAQ says you have 30 days to fund, however -

    Special Conditions for
    Vanquis Bank Savings Account (Issue 1)

    5. Each Account will be a limited issue, and will therefore be subject to availability. If the issue becomes fully subscribed between the date we receive your application and the date we receive your deposit and/or any necessary proof of identity and residency documents, we will no open an Account for you and will return the amount of your deposit without interest. We may discontinue or stop opening new accounts without telling you.

    https://www.vanquissavings.co.uk/1-year-fixed-rate-bonds/
  • jimexbox
    jimexbox Posts: 12,493 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Account opened, very easy tbh. Waiting for paperwork now. 
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