Savings Accounts: Instant Access Discussion

rewilson

Is anyone else having problems with ICICI? I applied for an account on 24th June, the initial deposit cheque appeared on my bank statement as paid on 6th July. It then took them until 22 July to send me an email telling me the account was open and that a password was 'in the post'. I sent them 2 emails, the last on the 27th July asking where my password was. It finally arrived on Saturday 30th July and I accessed my account, asked some questions by email and arranged to move in some more money.
On Friday I couldn't access my account - wrong password apparently - I then got an email yesterday (in reply to mine of 27 July!) telling me that as I hadn't got my password they'd changed it and were sending me another one! Clearly no one looked at my account before responding to a week old email to see if I was now using the account. I now have to wait 7 days (more likely 10 by previous experience) before I can get at my money!

twhitehead

I have had a letter this morning saying they are crediting me another £5 to bring the opening offer on my account up to £25 (my post 27/7).
This has taken them three months and eight letters. Good to know they are trying to save the bank money.
Shows you have to persist.
:j :rotfl:

nadia_2

Hi

Please could you calculate the above again.......as I am not money savvy at all, however I do like the sound of £880 per month. The way I did is..8000 x 5.5% Gross Pa = 440 + 0.25% = 20 total 460.
Please could you send a reply as I have the same amount that fits near the same critera as you gave the last person.


Thank you very much.

HGLTsuperstar

ING allow you to have up to 3 external "linked" accounts; does anyone else allow more than one?

oap

Hi, we are well over 60 and with Ing (and some in the Chelsea on a two year stretch at 5%) Is there a better one than Ing at present, (21 August) we are non taxpayers, thank you

TracCap

Hi

Hope you can help. I have recently sold my house and will have approx £72000 profit. I will be moving in with my parents and so will be looking to buy in the next few months. I am wondering where to put my money as i will need to be able to get at it asap and would like monthly interest paid on it. I would also be grateful for an idea of how much interest I would receive monthly. I also have a credit card with a balance of £3000 on it - am i right to think it would be better to pay this off or would it be beneficial to balance transfer it to a 0% card.

Please advise

many thanks

oscarhugo

How about the Norwich + Peterborough Regular Savings a/c just being launched? It pays 8% gross & you have to open a current a/c as well, commit to paying £1k into the current a/c and £20 - £250 per month into the Gold Savings a/c as well. This means that it'd be a bit of a palaver but, if you're prepared to put up with the fiddlesomeness of it all, then it strikes me that it could be a winner for £3k for one year. And the rate is fixed, I believe.

I haven't spotted the catch yet [apart from as mentioned above] but, if there isn't [another] one it could be worth going for.

Anon

Martin

The rate on Abbey's website has dropped to 5.05% for savings over £100,000, 5.15% over £200,000.

http://www.abbey.com/index/future/savings_index/instant_access_index/instant_access_esaver.htm

Anon

kalaka

First Direct's E-Saving account has the condition "no interest is paid in any month you make a withdrawal". Am I right in thinking then that if you withdraw your money on the 1st of the month, there is effectively no penalty?

joho

Following your advice I decided to open the Derbyshires regular saver account. But its rules and regs contain a whole page about Charitable Assignment Scheme - what does it all mean?