|
Post by angel19 on May 25, 2024 21:04:53 GMT
Per their terms ‘If you complete your transaction before 3pm on a working day, your funds will arrive in your Nominated Account by the end of the following working day’. Seems pretty clear.
|
|
|
Post by df on May 26, 2024 4:48:54 GMT
I didn’t even know they would have do this again. I missed out last year by a few quid and this year, I hope I could get qualified. It’s a bit annoying can’t re-read “notifications” to confirm “ The Nationwide Fairer Share payment is our way of rewarding you.” I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same.
|
|
|
Post by overthehill on May 26, 2024 8:48:46 GMT
I didn’t even know they would have do this again. I missed out last year by a few quid and this year, I hope I could get qualified. It’s a bit annoying can’t re-read “notifications” to confirm “ The Nationwide Fairer Share payment is our way of rewarding you.” I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same.
Honestly, I couldn't never be bothered with bollocks like this by making sure you meet all the criteria, they've got you exactly where they want you, Nationwide and their members need to get a life. They've been justifying their mutual status for decades lining the suit pockets. I'm old enough to remember when nationwide used to have the cheapest mortgage and highest savings rates and no fees.
Unless it happens to be your active banking account anyway. Certainly not worth switching for a £100.
Having said that! Due to this thread and ilmoro , I've invested in their 18 month 5.5% bond. Big question is does that mean I get £100 next year (not why I invested)
|
|
|
Post by overthehill on May 26, 2024 9:10:50 GMT
Per their terms ‘If you complete your transaction before 3pm on a working day, your funds will arrive in your Nominated Account by the end of the following working day’. Seems pretty clear.
Thanks. When I read something like this I expect it to be a disclaimer not a policy they set their standards by. I'm not that bothered, it just puzzles me how these banks compete. It's an easy access account !
|
|
coogaruk
Hello everyone! Anyone remember me?
Posts: 705
Likes: 464
|
Post by coogaruk on May 26, 2024 10:48:35 GMT
Right then who uses Charter Savings Bank ? Requested a withdrawal from their (not so) easy access saver yesterday about 1pm and I'm still waiting. Don't tell me they shut at weekends. I use them but have never made a withdrawal. They are a bank, so of course they shut at weekends. I'm generalising there a bit of course but hopefully you get my drift. I wouldn't expect any withdrawal made on Friday to hit my account until Tuesday at the earliest... As Monday is a Bank Holiday!
|
|
coogaruk
Hello everyone! Anyone remember me?
Posts: 705
Likes: 464
|
Post by coogaruk on May 26, 2024 10:57:02 GMT
I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same.
Honestly, I couldn't never be bothered with bollocks like this by making sure you meet all the criteria, they've got you exactly where they want you, Nationwide and their members need to get a life. They've been justifying their mutual status for decades lining the suit pockets. I'm old enough to remember when nationwide used to have the cheapest mortgage and highest savings rates and no fees.
Unless it happens to be your active banking account anyway. Certainly not worth switching for a £100. I couldn't agree more. I have found their business practises (in terms of the way they treat their members) to be a tad annoying for a number of years, so this year I ditched the one account I held with them (a Cash ISA) and transferred to... VIRGIN MONEY! A bank which is this case offered a higher interest rate than a mutual Building Society.
Before anyone states the obvious, yes I know I'll eventually end up back as a member but will revaluate that again when I need to.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,200
Likes: 11,388
|
Post by ilmoro on May 26, 2024 11:06:06 GMT
I didn’t even know they would have do this again. I missed out last year by a few quid and this year, I hope I could get qualified. It’s a bit annoying can’t re-read “notifications” to confirm “ The Nationwide Fairer Share payment is our way of rewarding you.” I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same. Arent you missing a bit Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months & make two payments from the current account in at least two of the months ORBetween 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months (Payments are cumulative if more than one current account is held)
|
|
Greenwood2
Member of DD Central
Posts: 4,328
Likes: 2,748
|
Post by Greenwood2 on May 26, 2024 13:00:57 GMT
I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same. Arent you missing a bit Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months & make two payments from the current account in at least two of the months ORBetween 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months (Payments are cumulative if more than one current account is held) If you are actually using a current account I would have thought you would meet most of these criteria automatically. I didn't have enough in a savings account last year, th is year I have been using one as a bit of a cash reserve so qualified.
|
|
|
Post by df on May 26, 2024 14:42:09 GMT
I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same. Arent you missing a bit Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months & make two payments from the current account in at least two of the months ORBetween 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months (Payments are cumulative if more than one current account is held) It’s good to know, thanks. I must have missed “or”, just coppied all bullet points that I wouldn’t normally cover.
|
|
|
Post by df on May 26, 2024 15:00:02 GMT
I put this in my diary for January 2025. Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months Between 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months have at least £100 in Nationwide savings accounts or Cash ISAs at the end of any day in March Hopefuly they will still run this scheme next year and conditions are the same.
Honestly, I couldn't never be bothered with bollocks like this by making sure you meet all the criteria, they've got you exactly where they want you, Nationwide and their members need to get a life. They've been justifying their mutual status for decades lining the suit pockets. I'm old enough to remember when nationwide used to have the cheapest mortgage and highest savings rates and no fees.
Unless it happens to be your active banking account anyway. Certainly not worth switching for a £100.
Having said that! Due to this thread and ilmoro , I've invested in their 18 month 5.5% bond. Big question is does that mean I get £100 next year (not why I invested) No, your 5.5% bond alone will not qualify you for this bonus. As for your “need to get a life” recommendation, I don’t care where they want me and where they don’t or what they are trying to justify and what money do they make. When they offer profitable products I take them, when they don’t I keep my balances at zero.
|
|
ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,200
Likes: 11,388
|
Post by ilmoro on May 26, 2024 16:37:44 GMT
Arent you missing a bit Between 1 January and 31 March, pay in a minimum of £500 for at least 2 of the months & make two payments from the current account in at least two of the months ORBetween 1 January and 31 March, make at least 10 payments out of your current account for at least 2 of the months (Payments are cumulative if more than one current account is held) If you are actually using a current account I would have thought you would meet most of these criteria automatically. I didn't have enough in a savings account last year, th is year I have been using one as a bit of a cash reserve so qualified. Yes, but plenty of customers only have the account to get access to other products. I've had one for 20 years but for only a small part of that time was it used as an actual current account.
|
|
Greenwood2
Member of DD Central
Posts: 4,328
Likes: 2,748
|
Post by Greenwood2 on May 26, 2024 17:41:19 GMT
If you are actually using a current account I would have thought you would meet most of these criteria automatically. I didn't have enough in a savings account last year, th is year I have been using one as a bit of a cash reserve so qualified. Yes, but plenty of customers only have the account to get access to other products. I've had one for 20 years but for only a small part of that time was it used as an actual current account. I assume these are not the customers this particular offer is aimed at, more a loyalty bonus for those using Nationwide as their main bank. Although with a bit of effort any customer can get it.
|
|
|
Post by overthehill on May 28, 2024 11:47:52 GMT
Best rates 28may2024.
22may2024. apr2023->apr2024. CPIH=3.0% (down 0.8%), CPI=2.3% (0.9% down). Next release 19jun2024
09may2024. BoE base rate=5.25% (no change). Next meeting 20jun2024
Min. Deposit <=10k. Max Deposit >=85k. Apply Online / App only. ISA transfer IN allowed.
AER = Annual Effective Rate.
Type | AER %
| via Raisin AER % *
| via Flagstone AER % *
| via HL AER % *
| easy access, unlimited
| oxbury 5.02 ~, chip 5.01, kent reliance 4.96, ulster bank 5.2 !
|
| |
| notice (<=45 days)
| monument 5.2 =
| |
|
| notice (<=90 days)
| oxbury 5.32
|
|
|
| 3 month
|
|
| Mizrahi-Tefahot 5.22 $
|
| 6 month
| zenith 5.08
| al rayan 5.05 $ | | | 1 year
| smartsave 5.17, nationwide 5.5% ^
| al rayan 5.2 $
|
|
| 2 year
| df capital 5.05
|
|
| close bros 4.95
| 3 year
| shawbrook 4.71
| zenith 4.7
|
|
| 5 year
| shawbrook 4.57
| |
| close bros 4.55
| easy access ISA, flex, unlimited
| chip 5.1 #, zopa 5.08
|
|
|
| easy access ISA, no flex, 3 withdraws pa
| plum 5.17 £
|
|
|
| 1 year ISA
| paragon, castle trust 4.76, virgin 5.05 ^
|
|
|
| 2 year ISA
| oaknorth, secure trust 4.61
|
|
|
| 3 year ISA
| shawbrook, secure trust 4.41
|
|
|
| 5 year ISA
| shawbrook, secure trust, UBL UK 4.07
| |
|
|
* possible cashback
^ existing customer only.
+ min £500 withdrawals.
# ISA transfer IN not allowed. £ lower rate on ISA transfer IN
~ min 20k deposit = min 25k deposit
! not listed on MSE and lower rate for <5k $ sharia
|
|
|
Post by overthehill on Jun 2, 2024 22:01:15 GMT
Right then who uses Charter Savings Bank ? Requested a withdrawal from their (not so) easy access saver yesterday about 1pm and I'm still waiting. Don't tell me they shut at weekends.
Atom Bank Fixed Saver ended today Sunday 2nd June, money was in my account at 8am.
I fail to see how some banks compete in the grind where it matters (not my transactions) and why there is a difference in performance or function. In both cases money was being returned to the same account it was deposited from.
|
|
jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,786
Likes: 3,208
|
Post by jonno on Jun 3, 2024 9:10:07 GMT
Marcus dropping rate by 0.2% to 4.55% (incl bonus). Bastrds . Opened a Kent Reliance account. Anyone know if they're any good?
|
|