Is Current Account Surfing...okay?

eskbanker

anakeimai said:

No, but you can't get the 7% savings account until you get a current account qed

But you can have the 7% savings account without funding the current account with any minimum monthly payment, other than what you choose to pay into the regular saver anyway.

TheBanker

eskbanker said:

First Direct's switching offer requires that a new current account is funded with £1k/month for three months, but there's no minimum funding requirement for access to its regular saver?

Unless I am mistaken, First Direct require £1,000 to be paid in within the first three months, not £1,000 per month for three months. I hope I am not mistaken as I have opened one of their accounts recently and probably messed it up if I needed to deposit £1,000 per month!

eskbanker

TheBanker said:

eskbanker said:

First Direct's switching offer requires that a new current account is funded with £1k/month for three months, but there's no minimum funding requirement for access to its regular saver?

Unless I am mistaken, First Direct require £1,000 to be paid in within the first three months, not £1,000 per month for three months. I hope I am not mistaken as I have opened one of their accounts recently and probably messed it up if I needed to deposit £1,000 per month!

No, you're right, the mistake was mine, I didn't research an essentially tangential comment properly, the key issue being the second half of the sentence!