The New Top Easy Access Savings Discussion Area

SeriousHoax

Bridlington1 said:

@soulsaver
Furness BS Double Access Saver (Issue 1) (£1 min) to be launched at 4.9% tomorrow.

Note Furness BS now allow their accounts to be both opened and managed online/in .

Double Access, so does that mean only two withdrawals are allowed?

allegro120

SeriousHoax said:

Bridlington1 said:

@soulsaver
Furness BS Double Access Saver (Issue 1) (£1 min) to be launched at 4.9% tomorrow.

Note Furness BS now allow their accounts to be both opened and managed online/in .

Double Access, so does that mean only two withdrawals are allowed?

Yes.  It usually means that either after third withdrawal the interest rate will be significantly reduced or the second withdrawal will have to be a closure.

It is unlikely that I will need this account in near future, but I will add it to my collection whilst it's available.  It will be also good to put my foot in the door, I've never had an account with Furness.

Bridlington1

SeriousHoax said:

Bridlington1 said:

@soulsaver
Furness BS Double Access Saver (Issue 1) (£1 min) to be launched at 4.9% tomorrow.

Note Furness BS now allow their accounts to be both opened and managed online/in .

Double Access, so does that mean only two withdrawals are allowed?

According to moneyfacts:

Up to 2 penalty free withdrawals per annum, further withdrawals result in account transferring to an access account.

In my experience withdrawals from Furness BS by faster payment arrive the next day (could be next working day, I've never made a withdrawal on a Friday).

mebu60

Furness:

It’s quick and easy

No lines, no waiting, no hassle

Complete your application online and in real time

Save and return to your application once we've verified your details

We need to take your picture to verify your ID - we recommend switching to a mobile device to register to take advantage of its camera technology

That doesn't count as 'quick and easy' in my book! 
Prior to this the product summary was not WYSIWYG for printing either.
Won't be happening for me.

cadguy77

Bridlington1 said:

@soulsaver
Furness BS Double Access Saver (Issue 1) (£1 min) to be launched at 4.9% tomorrow.

Note Furness BS now allow their accounts to be both opened and managed online/in app.

LIVE
https://www.furnessbs.co.uk/savings-products/double-access-saver-issue-1

UKX69

mebu60 said:

Furness:

It’s quick and easy

No lines, no waiting, no hassle

Complete your application online and in real time

Save and return to your application once we've verified your details

We need to take your picture to verify your ID - we recommend switching to a mobile device to register to take advantage of its camera technology

That doesn't count as 'quick and easy' in my book! 
Prior to this the product summary was not WYSIWYG for printing either.
Won't be happening for me.

My sentiments exactly!

HHUK

Furness Building Society

Very easy procedure to start the application for the new 4.90% Double Access Saver on the laptop as an existing member, and the rate isn't bad in the current climate. Will fund with £1 initially, and see how completion of the process goes.

happybagger

DasTechniker said:

mebu60 said:

We need to take your picture to verify your ID - we recommend switching to a mobile device to register to take advantage of its camera technology

That doesn't count as 'quick and easy' in my book! 
Prior to this the product summary was not WYSIWYG for printing either.
Won't be happening for me.

My sentiments exactly!

Flippin'eck, another one of them outsourced ID companies?! Thanks for the info. I'd been doing the Trading212 Cash ISA application until it stated it needed to "take a picture with me moving my head side to side" on a computer with no camera.

Like the above, I'll need to pass on Furness too

happybagger

HHUK said:

Furness Building Society

Very easy procedure to start the application for the new 4.90% Double Access Saver on the laptop as an existing member, and the rate isn't bad in the current climate. Will fund with £1 initially, and see how completion of the process goes.

The benefits of holding or retaining an account there; I was a customer for 20 years+ but closed lost year on a "simplification" drive. My former online login ceased to work.

happybagger

HTB Instant Access quick Q: Rate drops on 8th Nov to 4.4%. Email says the account can be "closed online" but I don't see an option (only for a withdrawal). Does closing online mean by sending a message?