Can I open an internet-based savings account for my 83 year-old mother-in-law?

FlyingWolf

Thanks all. Looks like we're going to settle on the Saga one year bond. My M-i-L fits the account opening criteria (ie she's over 65), the rate is good (6.41%) and the account can be opened and managed via the post. Many thanks for the recommendation - I probably wouldn't have spotted this one.

FW

BallandChain

FlyingWolf wrote: »

Ball and Chain - Stephen R Covey (you probably haven't heard of him) once said "Seek first to understand, then to be understood". You would do well to take heed of that advice - or just get out more.

FW

FlyingWolf - Aesop (you probably have heard of him) once said "Beware the WOLF in sheep's clothing." Enough said.

Primrose

Flying Wolf. We've held various Saga Fixed Rate bonds in the past (and currently hold one). I find the Saga Savings Team very helpful to deal with over the phone too, which makes a pleasant change these days. On a previous occasion when a bond was coming close to its maturity date, we were unsure whether to renew with them or look for a better offer. So they arranged for our matured bond to be rolled over into a temporary Easy Save account for a couple of weeks while we pondered our options, and then when we'd decided to go for another Saga Bond, rolled it over again into a new one. All this was done over the phone with no hassle at all so hopefully this will be a comfortable option for your m-i-l.

FlyingWolf

Hi Primrose,

I called Saga today and they're sending out application forms to my M-i-L. Everything was very straightforward as you say and they clearly had no problems with me calling on someone else's behalf.

As a matter of interest, Saga savings account sales and enquiries are handled by the Birmingham Midshires call centre based in Wolverhampton. I used the 'saynoto0870' website to avoid calling them on their normal 0845 number from a mobile phone (link attached for anyone who hasn't come across this facility before http://www.saynoto0870.com/ )

BallandChain - you're obviously a very suspicious person by nature. I'm afraid my username refers to nothing more than the fact I support Wolverhampton Wanderers football club and fly aeroplanes for a living. Over and out.

FW

debbie42

BallandChain wrote: »

FlyingWolf - Aesop (you probably have heard of him) once said "Beware the WOLF in sheep's clothing." Enough said.

Shouldn't his nick then be FlyingSheep though?:rolleyes: