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Ford money regular saver.

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  • jameseonline
    jameseonline Posts: 1,089 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 7 July 2024 at 3:12AM
    Had an Easy Access account with them for a while, my £1 generates 1p every so often🤣,  they were briefly decent along with Zopa, Tandem etc, no major issues with Ford, usually get the money the following day after requesting it.

    I wouldn't use Ford for primary Easy Access or Regular Savings though as rates can be beaten elsewhere.

    You can easily see this on the regular savings page & best savings accounts page.
  • Had an Easy Access account with them for a while, my £1 generates 1p every so often🤣,  they were briefly decent along with Zopa, Tandem etc, no major issues with Ford, usually get the money the following day after requesting it.

    I wouldn't use Ford for primary Easy Access or Regular Savings though as rates can be beaten elsewhere.

    You can easily see this on the regular savings page & best savings accounts page.
    Thank you for replying. 
  • Albermarle
    Albermarle Posts: 27,994 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    edited 31 October 2024 at 1:46PM
    Same as others.

    Ford Money, as a provider, I have had zero issues with, and been with them a few years now.

    An RS @ 4.75%, albeit fixed, I would not entertain. At £25pm you may as well just use an easy access account.
    Easy access it is by the looks of it.

    Best Easy Access Savings Accounts | Up To 5.20% (moneyfactscompare.co.uk)
  • surreysaver
    surreysaver Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Some regular savers are easy access. Lloyds at 5.25%; Bank of Scotland at 5.5%
    Some of the others are too 
    I consider myself to be a male feminist. Is that allowed?
  • jameseonline
    jameseonline Posts: 1,089 Forumite
    1,000 Posts First Anniversary Name Dropper
    Some regular savers are easy access. Lloyds at 5.25%; Bank of Scotland at 5.5%
    Some of the others are too 
    Club Lloyds @ 6.25% is too
  • surreysaver
    surreysaver Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Some regular savers are easy access. Lloyds at 5.25%; Bank of Scotland at 5.5%
    Some of the others are too 
    Club Lloyds @ 6.25% is too
    Yes, but the OP would need to open a Club Lloyds current account for that, and I'm not sure if the OP would want the faff if they're umming and arring about a simple regular saver 
    I consider myself to be a male feminist. Is that allowed?
  • Some regular savers are easy access. Lloyds at 5.25%; Bank of Scotland at 5.5%
    Some of the others are too 
    I've got the lloyds at 5.25%
    Thanks for reply
  • Some regular savers are easy access. Lloyds at 5.25%; Bank of Scotland at 5.5%
    Some of the others are too 
    Club Lloyds @ 6.25% is too
    Yes, but the OP would need to open a Club Lloyds current account for that, and I'm not sure if the OP would want the faff if they're umming and arring about a simple regular saver 
    No faff wanted, happy with the bog standard lloyds  RS.
    :)
  • 35har1old
    35har1old Posts: 1,934 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 31 October 2024 at 1:46PM
    Same as others.

    Ford Money, as a provider, I have had zero issues with, and been with them a few years now.

    An RS @ 4.75%, albeit fixed, I would not entertain. At £25pm you may as well just use an easy access account.
    Easy access it is by the looks of it.

    Best Easy Access Savings Accounts | Up To 5.20% (moneyfactscompare.co.uk)
    To get the 5.2 minimum required £5000
    Next in the list Chase 5.1% only to February and even then this is a tracker account which allows for quick reduction in rate also requires a Chase debit card account
    Oxbury 5.02% at £20000
    The Principality at 5% has a low entry £1 but a 12 month bonus of 1.4 %

  • jimjames
    jimjames Posts: 18,695 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 31 October 2024 at 1:46PM
    Hello.

    FORD MONEY
    4.75% FIXED for 12 months
    £25min -£200max

    I've just came across the regular saving account do you think it's worth putting £25 per month into it?
    Thanks.
    Any particular reason why you want this account that limits the amount you can pay in rather than getting a higher rate of 5.1% with Chip that lets you pay in the full ISA allowance of £20k
    Remember the saying: if it looks too good to be true it almost certainly is.
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