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Bank of Cyprus online easy access account
zilla6
Posts: 40 Forumite
Does anyone have any experience with this?
I've checked the trust pilot reviews and they are all poor or bad. There are no good reviews at all.
It is advertising @ 1.2% with a year's bonus.
I've checked the trust pilot reviews and they are all poor or bad. There are no good reviews at all.
It is advertising @ 1.2% with a year's bonus.
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Comments
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Works for me.0
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I've had accounts with BoC for years without problems... Issues for some is you have (had) to deposit & w/d from/to linked ac & you must have a mobile phone to operate the ac.0
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PS There are better rates available..0
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BoC 1.2%.
I see Ford Money, Tesco and ICICI are slightly more, up to 1.25%.
I'm looking for an instant access savings account where I can park some money for some time.0 -
I have no experience with Bank of Cyprus but I wouldn't put much much store in Trust Pilot reviews. They never seem representative of any company I've checked and I've given up using the site0
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I find Tesco Bank very good for account opening and managing online. I also had my savings rate automatically increased when the bank rate went up last November. I hope they will do the same if the BOE raise rates again in the next month of so.BoC 1.2%.
I see Ford Money, Tesco and ICICI are slightly more, up to 1.25%.
I'm looking for an instant access savings account where I can park some money for some time.
Bear in mind though that the rate includes bonus for the first year only.0 -
I find Tesco Bank very good for account opening and managing online. I also had my savings rate automatically increased when the bank rate went up last November. I hope they will do the same if the BOE raise rates again in the next month of so.
Bear in mind though that the rate includes bonus for the first year only.
While I agree with you that Tesco would be my choice over BoC at this time, what happened when BoE increased their base rate last year is not the best selling point in this comparison. Tesco increased rates by 0.15% a month after the increase while BoC increased rates by the full 0.25% after a couple of weeks resulting in some of us getting 1.55% on our easy access savings.Did you really mean to put loose?
Lose: no longer possess, not to retain, unable to find
Loose: not firmly or tightly fixed in place0 -
Good on BoC for giving the full 0.25%. Tesco keep changing the bonus rate which is hard to keep up with. I opened my third a few days back at 1.30% to move to when my 1.35% expires. This has since gone down to 1.25% for new accounts.AirlieBird wrote: »While I agree with you that Tesco would be my choice over BoC at this time, what happened when BoE increased their base rate last year is not the best selling point in this comparison. Tesco increased rates by 0.15% a month after the increase while BoC increased rates by the full 0.25% after a couple of weeks resulting in some of us getting 1.55% on our easy access savings.0 -
Good on BoC for giving the full 0.25%. Tesco keep changing the bonus rate which is hard to keep up with. I opened my third a few days back at 1.30% to move to when my 1.35% expires. This has since gone down to 1.25% for new accounts.
So you can open a new bonus saver as soon as one matures? I've got a bonus saver with Nationwide and you have to wait 12 months before opening a new bonus saver.0 -
You can have up to six Tesco Bank internet savers with the best currently paying 1.35% including 0.80% bonus for one year.So you can open a new bonus saver as soon as one matures? I've got a bonus saver with Nationwide and you have to wait 12 months before opening a new bonus saver.
Incidentally, which Nationwide account requires a 12 month wait?
PS: The Tesco Bank internet saver rate for new accounts is 1.25% as the bonus is now down to 0.70%0
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