CarpetBagging- The best accounts to open at each Building Society

ED

8% gross offered to members of 10 years or more was a great idea of Derbyshire Bdg Soc for the Loyalty Saver (for regular monthly deposits). Opening it ran smoothly for me.
A couple of years earlier I was amongst members who expressed disappointment to the Society at drastic reduction in interest on their old Regular Savings account. Good to have a bdg. society rewarding existing customers.

Afahmaep

Carpet bagging info.
Issue date 17/03/08
Miinimum £500 deposit. Open to postal applications.
Tel no 01509 220000

Wsb5tails

Afahmaep wrote: »

Carpet bagging info.
Issue date 17/03/08
Miinimum £500 deposit. Open to postal applications.
Tel no 01509 220000

New Investors: £500.00
Out of Area Investors*: £5000.00

* Out of Area applies to customer’s resident outside of Leicestershire, Derbyshire & Nottinghamshire. This does not apply to existing members of the Society.

bristolleedsfan

so02see wrote: »

New Investors: £500.00
Out of Area Investors*: £5000.00

* Out of Area applies to customer’s resident outside of Leicestershire, Derbyshire & Nottinghamshire. This does not apply to existing members of the Society.

Yip, and i previously sent Shepshed 500.00 for a 2 year fixed rate account hoping they might take it. :cheesy:

500.00 cheque was thrown back in my face.

Sykes82

First post!

Im in the fortunate position to have the full amount to invest in two isas (mine & spouse), question is which society?

I used to be into "carpetbagging" in a big way in the old Carpetbagger & Money Bag days but closed a lot of accounts to fund change in life style.

I already have accounts at Nationwide, Britannia, Staffs Railway, Skipton & Kent Reliance & have now looked at the Principality, Cheshire or Derbyshire.

Answers on a post card?

bristolleedsfan

Sykes82 wrote: »

First post!

Im in the fortunate position to have the full amount to invest in two isas (mine & spouse), question is which society?

I used to be into "carpetbagging" in a big way in the old Carpetbagger & Money Bag days but closed a lot of accounts to fund change in life style.

I already have accounts at Nationwide, Britannia, Staffs Railway, Skipton & Kent Reliance & have now looked at the Principality, Cheshire or Derbyshire.

Answers on a post card?

The three societies you mention can all have a savings account opened with a low deposit ( 100.00 or less) so my advice is to get the best rate on your ISA funds and open 100.00 ( or low cost monthly savers ) with Cheshire, Derbyshire and any others you can afford to stick low amounts of money in.

Money Bag is still operating and so is "Mutuals" sub forum on R-Points, obviously a year 2000 ( or before) carpetbagger like yourself will know all the low downs on carpet bagging.

Some hardcore baggers use their ISA allowance to get into more hard to get into societies even if it means taking a interest rate hit.

6022tivo

right, all this carpet bagging stuff is interesting.

I have just applied online for a cheshire black cat savings account £150

and a derbyshire...

But in the T&C's, I am confused about the "assigning windfalls to charity" section.

it appears if I received conversion benifits, or merge benifits, the charities aid foundation will get or be informed of the arrangment and my details???

Any confimation on this?? Am I wasting my time carpetbaggings?

bristolleedsfan

6022tivo wrote: »

But in the T&C's, I am confused about the "assigning windfalls to charity" section.

it appears if I received conversion benifits, or merge benifits, the charities aid foundation will get or be informed of the arrangment and my details???

Any confimation on this?? Am I wasting my time carpetbaggings?

" Signaway" has never been applied in the instance of a BS merger so nope IMO u arent wating your time as an adult but ill leave it to others to comment on the potential position of under 18s which is what the black cat account is for.

6022tivo

bristolleedsfan wrote: »

" Signaway" has never been applied in the instance of a BS merger so nope IMO u arent wating your time as an adult but ill leave it to others to comment on the potential position of under 18s which is what the black cat account is for.

Sorry, the cheshire one was a Easy Saver, was looking at a cat one for my son..

Hopefully after 6 months I can transfer to the better account.

bristolleedsfan

6022tivo wrote: »

Sorry, the cheshire one was a Easy Saver, was looking at a cat one for my son..

Hopefully after 6 months I can transfer to the better account.

One of the most cost effective accounts involving minimal funding is the regular saver, open with 100.00. stick 25.00 in a month with a facility of 2 withdrawals a year.