Good Deal 6.8% Bond?

Neato

I've been looking at putting around £3500 into a bank for a year or so.
Was just wondering if this was suitable?
http://www.bradford-bingley.co.uk/savings/product/ebond-20.asp

hra_2

Bear in mind this is one of the bonds which does not allow withdrawals or closure during the term (there are others which do, subject to loss of some interest).

Cozworth806

Just applied and while I was doing it they have pulled it. Now 6.50%

Jake'sGran

Neato wrote: »

I've been looking at putting around £3500 into a bank for a year or so.
Was just wondering if this was suitable?
http://www.bradford-bingley.co.uk/savings/product/ebond-20.asp

I have just started a formal complaint against them. I completed the applicatiuon on line. For new customers the initial (and only)amount has to be in the form of a cheque but they don't say who to make it out to. They require two forms of confirmation of address and one for identity. Many baks and building societies now check these things their own way and dont ask you to send bits of paper. Next thing that happened I received a notification thanking me for giving details for standing orders ...pardon me, what was that??? Thought you wanted a lump sum which could not be added to once the account was open. Next letter received was the return of my identity/address documents with no mention that there is anything wrong. I just filed them away. Getting a bit edgy by now as the cheque for a large sum had not been cleared - still sitting in my current account. Decided to phone, see if everything was OK. Young lady said, after some prompting, that yes, I did have a bond account, yes it was definitely for 6.8%. This was last week. Received a letter this Thursday returning my cheque as it was not made out to me (I made it out to the bank) and my proof of identity in the form of a Notice of Coding from the Inland Revenue bore two letters on the postcode that were not the same as other documents. Why couldn't they have phoned me to clarify things and speed up the process?.

worrypants

I attempted to open another one of these last night and spent an age completing the the online application a total of 3 times , each time it said system error right at the end I give up!!!

probably down becuase they were in the midst of reducing the rate

ManAtHome

Don't think it's due to recent changes - I applied mid-December (already a customer) and had to email them several times before they told me to send a cheque, all previous instructions related to the eSave account which I already had. Finally had the cheque cashed into the account on 4th Jan - pretty abyssmal compared to IceSave and Leeds.

vij1366

dont bother the best one at the mo is 6 months fixed 6.76 with icesave and
6.60 for three months which is with the abbey i believe

bristolleedsfan

vij1366 wrote: »

dont bother the best one at the mo is 6 months fixed 6.76 with icesave and
6.60 for three months which is with the abbey i believe

stroud and swindon have a 6.81% ( 7 month fix)

Anglo Irish bank have a 6.75% 1 year fix

chelsea have a 6.70% fix lasting 13 months

london and scottish bank also offering high rate 1 and 2 year fixes.


http://www.moneyfacts.co.uk/savings/bestbuys/fixed-rate-savings-accounts.aspx

worrypants

I must have those that pay monthly interest though

just opened a chelsea one but i think the others are all annual interest:rolleyes:

also opened an icesave as they are monthly interest

Stavros_3

Cozworth806 wrote: »

Just applied and while I was doing it they have pulled it. Now 6.50%

Phew !!, I pondered about this one. I opened it last week-end