Metro Bank - 12 months or 18 months 5.8% fixed rate

Tax_Slave

Tried calling Metro bank and gave up after 10 minutes of hold music.
Rather put me off banking with them now …

if you open a fix rate account with Metro how long is the funding window open for?
I want to pop in £82,000 but HSBC only let you Xfer £20,000 per day from what I can see.
So it would take me 5 days to find the account.

Thanks 

ColdIron

You could read the summary details on the Metro Bank website:

When you apply online (1 year, 18 month and 3 year terms only)

If you open your account online, a Funding Account will be opened automatically for you. Money from this account will be transferred into your Fixed Term Savings account.

This will be done either:

• Once you’ve paid the amount you’ve agreed to deposit in your Fixed Term Savings account
• After 30 days of opening the account if you’ve paid in less than the minimum amount you've agreed to deposit

If you don’t pay any money into the Funding Account within 30 days of opening it, it will be closed and your Fixed Term Savings account won’t be activated.

https://www.metrobankonline.co.uk/savings/products/fixed-term-savings/

Albermarle

Why do Metro Bank make applying for their top rated fixed ISA so difficult? — MoneySavingExpert Forum

imreadyforbed

if you go into your bank with ID you can transfer whole lot , we sent over 300k in one transaction from nat west to ford money , hope that helps