jonah
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Post by jonah on May 23, 2017 19:16:31 GMT
On a side note, anyone else not seeing their £250's credited as of yet? I sent mine in yesterday morning and still not there now, but I did notice a discrepancy between what was asked for on the web and in their email i.e. one said "make sure to you use you acc number as your reference" and the other said " make sure you use your acc number and your surname". I went for the surname option....? Comments on MSE suggest both is needed.
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Post by df on May 23, 2017 20:00:58 GMT
I've looked at it this morning and it was "currently not available". Still not available now.
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far
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Post by far on May 24, 2017 0:24:45 GMT
Thanks v much, will have a look (currently on Vyke). Last time I tried for First Direct I think there was lack of reliable caller ID and when I 'fessed up I was on wifi she demanded I call when back in UK. 5% saver too 😭. Localphone lets you set the caller ID to any telephone number where you can receive calls. Localphone rings the number to verify it when you set it up. I have been using Localphone for several years, including calling multiple banks, but not First Direct. I don't know Vyke. It seems to offer a similar service to localphone. The Vyke FAQ says "when you call or SMS from your SIM profile your number will display as the caller ID", so it should have satisfied the bank. Or use Tesco Calling app and have free calls to 01/02/03 numbers. Caller ID is set from the phone number you opt to get a text from.
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littonowl
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Post by littonowl on May 24, 2017 10:20:48 GMT
I've applied for the Ford Reg Saver ISA with the intention of using the proceeds to transfer into another IFISA next year (and so help speed up my IFISA platform diversification). The only thing I'm slightly concerned about is the maturity date will be May next year, ie. already in the following ISA year (18/19).
So as I understand it, it will require me to miss the final payment?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 24, 2017 10:32:28 GMT
I've applied for the Ford Reg Saver ISA with the intention of using the proceeds to transfer into another IFISA next year (and so help speed up my IFISA platform diversification). The only thing I'm slightly concerned about is the maturity date will be May next year, ie. already in the following ISA year (18/19). So as I understand it, it will require me to miss the final payment? Thats not the issue as you can miss payments, the issue is if you make a withdrawal, transfer before term they charge you 90 days interest on sum withdrawn as breakage fee. Calling it flexible is a bit cheeky
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littonowl
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Post by littonowl on May 24, 2017 10:36:15 GMT
Thanks, ilmoro ! Was hoping you might be lurking!  Ok, so I'll miss the final payment then, but wait until the 12 month anniversary of the opening before transferring. Thanks again! Oh, and agreed on the 'flexible' tag. lol |
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Post by dan1 on May 24, 2017 12:40:48 GMT
Thanks, ilmoro ! Was hoping you might be lurking! Ok, so I'll miss the final payment then, but wait until the 12 month anniversary of the opening before transferring. Thanks again! Oh, and agreed on the 'flexible' tag. lol You're monthly payments should be scheduled for the 1st of the month (rem: £250 limit per month), so your final (i.e. 12th) payment will hit Ford on 1st April 2018(or next working day) - within this tax year.
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littonowl
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Post by littonowl on May 24, 2017 13:18:21 GMT
Thanks, ilmoro ! Was hoping you might be lurking! Ok, so I'll miss the final payment then, but wait until the 12 month anniversary of the opening before transferring. Thanks again! Oh, and agreed on the 'flexible' tag. lol You're monthly payments should be scheduled for the 1st of the month (rem: £250 limit per month), so your final (i.e. 12th) payment will hit Ford on 1st April 2018(or next working day) - within this tax year. Thanks dan1 . Would that still be the case if I make an initial payment now, that I can schedule the next payment in 8 days time for the 1st of June, and for each of the first of the month, thereafter..? I'd thought it was 1 payment per month from the anniversary date?
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Post by dan1 on May 24, 2017 13:22:32 GMT
You're monthly payments should be scheduled for the 1st of the month (rem: £250 limit per month), so your final (i.e. 12th) payment will hit Ford on 1st April 2018(or next working day) - within this tax year. Thanks dan1 . Would that still be the case if I make an initial payment now, that I can schedule the next payment in 8 days time for the 1st of June, and for each of the first of the month, thereafter..? I'd thought it was 1 payment per month from the anniversary date? Yes, as I understand the rules. That's what I've set up. I'm running over 40 regular savers currently and the only ones you can't do this with are Santander and First Direct (probably HSBC & M&S Bank too, but I don't have these). Makes 1st of month interesting!
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littonowl
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Post by littonowl on May 24, 2017 13:29:13 GMT
Thanks, dan. Blimey, keeps you out of mischief, eh?  Yeah, I've just re-read the T&C's and seems I misinterpreted it, because it didn't actually say calendar month, but looks like you are correct. |
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r00lish67
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Post by r00lish67 on May 24, 2017 14:02:46 GMT
The T's and C's didn't seem clear on the point when I checked, just said 'month' I thought - did you see something definitive dan1 ? edit: agree the the calendar month principle runs true for most. I also run far too many, although i think you've beat me at 40. Thankfully i dived in with Atom Bank when they ran their 2% 1 year fix deal, which is all you often get on reg savers these days. Edit2: We should just put £50k into the 13% MT loan instead, much simpler, and what could possibly go wrong?  |
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Post by dan1 on May 24, 2017 14:12:09 GMT
The T's and C's didn't seem clear on the point when I checked, just said 'month' I thought - did you see something definitive dan1 ? edit: agree the the calendar month principle runs true for most. I also run far too many, although i think you've beat me at 40. Thankfully i dived in with Atom Bank when they ran their 2% 1 year fix deal, which is all you often get on reg savers these days. Edit2: We should just put £50k into the 13% MT loan instead, much simpler, and what could possibly go wrong? No, nothing definitive I'm afraid (do your own research and all that) but I'm sure they'll bounce the payments if necessary, in which case I'd amend the standing order and reduce the number of payments by 1. It's difficult to enforce a particular day because of weekends and bank hols. I probably would dump a significant propoprtion into P2P but my better half may find out!
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Post by gidoppp01 on May 25, 2017 8:53:50 GMT
Just to flag that Ford Money ... Edit: I've signed up for just the standard reg savers at the moment, all very smooth and all online for me. Good for you. I will pass. I used to be a fan of reg saver of 10% (Halifax 2008). I miss the good old days, those Free £5 monthly rewards with virtually 0 deposit were the best. The modern alternative is Club Lloyds rewards for free monthly magazines with delivery for virtually 0 deposit, don't really like the 2% current account that much but not the worst. The basic requirement is just 2 direct debits plus £1500 monthly pay-in.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 25, 2017 16:39:41 GMT
Should be noted that Ford ISA products operate under an ISA Wrapper so you can hold multiple ISA accounts with them but it counts as one ISA for subscription criteria. ie you can open a Flexible, Fixed & Regular with this year's allowance and moved money between them (subject to the account restrictions) Also means if Ford launch further Regular ISA you can open one of them as well.
Also means you can get round any complications of transferring previous ISA to the regular ISA as you can use the Flexible one as the conduit ... make one transfer, withdraw cash and then drip feed it back in each month.
All AFAIUI - make your own enquiries
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elliotn
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Post by elliotn on May 25, 2017 16:55:21 GMT
The T's and C's didn't seem clear on the point when I checked, just said 'month' I thought - did you see something definitive dan1 ? edit: agree the the calendar month principle runs true for most. I also run far too many, although i think you've beat me at 40. Thankfully i dived in with Atom Bank when they ran their 2% 1 year fix deal, which is all you often get on reg savers these days. Edit2: We should just put £50k into the 13% MT loan instead, much simpler, and what could possibly go wrong? No, nothing definitive I'm afraid (do your own research and all that) but I'm sure they'll bounce the payments if necessary, in which case I'd amend the standing order and reduce the number of payments by 1. It's difficult to enforce a particular day because of weekends and bank hols. I probably would dump a significant propoprtion into P2P but my better half may find out! I assumed any extra money would just not qualify for their rate? Maturity date is 22/5/18 so I went with 1st July for the SO (instead of 21/6) as a reminder with other payments, so losing week or so rather than doubling up on payment. May have to revert to MSE! Edit - have fired off a Q to see if it's calendar or anniversary, will revert imminently.
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