Northern Rock,new account.

Calchas

The Northern Rock piggy bank must be filling up nicely!

They have just reduced the fixed rate to 6.35%

dougz_2

Just to update. I have now phoned them and they confirmed they had opened an issue1 account in my name using my cheque. The representative said they were being late at sending out paperwork because of high demand, but that I might expect something in the post soon.

Poor show leaving customers to wait for weeks with no news what has happened to their deposits unless they go to the trouble of phoning. It was entirely predictable there would be a massive demand for 6.9%, and they could surely have send out a standard letter in the mean time to confirm they had received something from me, and/or put a newsflash on their website warning to expect delays.

naturals

Does anyone know whether this account is still accepting deposits at the 6.9% rate?

I managed to get £1 in but now have £35k from the sale of my house to put in.

In light of events of recent days, I presume this is still a good account to put money in. Anyone think any differently?

ANGLICANPAT

naturals wrote: »

Does anyone know whether this account is still accepting deposits at the 6.9% rate?

I managed to get £1 in but now have £35k from the sale of my house to put in.

In light of events of recent days, I presume this is still a good account to put money in. Anyone think any differently?

As I recall, you could only add money whilst the particular issue was open. 6.9 was issue one. Its now on issue 2

naturals

Any idea what the issue 2 rate is?

merlinthehappypig

naturals wrote: »

Does anyone know whether this account is still accepting deposits at the 6.9% rate?

I managed to get £1 in but now have £35k from the sale of my house to put in.

No, you missed the boat with this one, sorry.

You can open the current bond, but it's paying 6.35% now, rather than 6.9%.

Beate

That's actually issue 3 already. Issue 2 was 6.50%.

dougz_2

I have still not had any sort of written or email confirmation, despite 4 weeks since posting my application, and 3 weeks since they cleared my cheque. I should have been looking forward to being able to log in to see the reward of my first months interest about now. I am getting seriously annoyed at this shambles.:mad:

shokadelika

dougz wrote: »

I have still not had any sort of written or email confirmation, despite 4 weeks since posting my application, and 3 weeks since they cleared my cheque. I should have been looking forward to being able to log in to see the reward of my first months interest about now. I am getting seriously annoyed at this shambles.:mad:

PHONE them! hope this helps :rolleyes:

dougz_2

shokadelika wrote: »

PHONE them! hope this helps :rolleyes:

I already have, was a waste of time, they just fob me off with waffle about high demand.