Cahoot Sunny Day Saver

Growingold

Has anyone closed their Sunny Day Saver and successfully reopened for a further 12 month term?

Thanks

RosieRooBear

Growingold said:

Has anyone closed their Sunny Day Saver and successfully reopened for a further 12 month term?

Thanks

@Growingold, I haven’t closed mine but if you have Issue 1 you are able to open an Issue 2 as well. I have Issue 1, Issue 2 and a joint one.

happybagger

RosieRooBear said:

Growingold said:

Has anyone closed their Sunny Day Saver and successfully reopened for a further 12 month term?

Thanks

@Growingold, I haven’t closed mine but if you have Issue 1 you are able to open an Issue 2 as well. I have Issue 1, Issue 2 and a joint one.

That's not how I'd interpret the t&c's but I admit it's not completely clear:

You can have a maximum of two cahoot Sunny Day Saver accounts – one in your sole name and one that you hold jointly with someone else. If you don’t keep to these terms, we might switch your account to a cahoot Savings Account.

Doesn't differentiate between Issue 1 and Issue 2

allegro120

happybagger said:

RosieRooBear said:

Growingold said:

Has anyone closed their Sunny Day Saver and successfully reopened for a further 12 month term?

Thanks

@Growingold, I haven’t closed mine but if you have Issue 1 you are able to open an Issue 2 as well. I have Issue 1, Issue 2 and a joint one.

That's not how I'd interpret the t&c's but I admit it's not completely clear:

You can have a maximum of two cahoot Sunny Day Saver accounts – one in your sole name and one that you hold jointly with someone else. If you don’t keep to these terms, we might switch your account to a cahoot Savings Account.

Doesn't differentiate between Issue 1 and Issue 2

I have four of them, two of issue 1 and two of issue 2.

friolento

happybagger said:

RosieRooBear said:

Growingold said:

Has anyone closed their Sunny Day Saver and successfully reopened for a further 12 month term?

Thanks

@Growingold, I haven’t closed mine but if you have Issue 1 you are able to open an Issue 2 as well. I have Issue 1, Issue 2 and a joint one.

That's not how I'd interpret the t&c's but I admit it's not completely clear:

You can have a maximum of two cahoot Sunny Day Saver accounts – one in your sole name and one that you hold jointly with someone else. If you don’t keep to these terms, we might switch your account to a cahoot Savings Account.

Doesn't differentiate between Issue 1 and Issue 2

It‘s like so often: T&Cs are not enforced by the IT system. It’s down to you whether you want to exploit that loophole, and to accept any consequences.