Kaupthing Edge - payment date of interest?

moneybee

Can anyone with a Kaupthing Edge Savings Account advise at what point in the month interest is paid? The related Terms & Conditions mention a monthly "Interest Payment Date" (point 16.1.2) however what this actual date is appears unspecified...

YorkshireBoy

moneybee wrote: »

what this actual date is appears unspecified...

http://www.kaupthingedge.co.uk/Includes/PDF/tandcs.pdf
(See common term q, section A, page 5)

whu

interest is paid on the last day of the month

KeithEssex_2

YorkshireBoy wrote: »

http://www.kaupthingedge.co.uk/Includes/PDF/tandcs.pdf
(See common term q, section A, page 5)

Wow - giving us the ability to change it is a nice touch :j

dougs

KeithEssex wrote: »

Wow - giving us the ability to change it is a nice touch :j

how do you do that then? I haven't seen anywhere online that you can make that change to the interest payment date even though they say it can be 'changed by you'

KeithEssex_2

dougs wrote: »

how do you do that then? I haven't seen anywhere online that you can make that change to the interest payment date even though they say it can be 'changed by you'

I'm waiting for my account id - so will take a look. Only saw it in the T&Cs.

Has anyone else already done this ?

caffenero

ive just applied for one of these, they did no id checks and dont want any proof, seems to simple, i know they are offshore but have signed up the banking code so it should be ok but im worried about putting my money in for some reason i don't know! why could i just sign up with only a bank card. everyone out there think they are ok?

fishingdobbie

caffenero wrote: »

ive just applied for one of these, they did no id checks and dont want any proof, seems to simple, i know they are offshore but have signed up the banking code so it should be ok but im worried about putting my money in for some reason i don't know! why could i just sign up with only a bank card. everyone out there think they are ok?

I have an account with them and have had no problems

When opening an account, they ask for your Nat ins number, address, phone number, current account etc and check on you online

caffenero

also, i am trying to put money in, can i do it from the KPE website like i do for ING etc or do i have to do it from the account i am moving the money from??? i can't see an option on KPE to move it in it just gives me the acc no for them and says use your linked account

marshall2k

You make a payment from the account you are transferring from using the details they give you.

whu

i have an account but when it was opened they required copy bank statements etc but went through smoothly - you pay in using your linked account although other posters have said they have managed to pay in from a non linked account but I have not tried that