Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July 08
- Thread starter ClubMan
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N/SIDEPEOPLE
Registered User
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Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Are you sure there are no penalties for early withdrawal?
The small print on the Anglo add in the Irish times says:
† No withdrawals allowed, not available for new applicants from close of business on 9th June 2008.
Are you sure there are no penalties for early withdrawal?
The small print on the Anglo add in the Irish times says:
† No withdrawals allowed, not available for new applicants from close of business on 9th June 2008.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
I was able to request the opening of a new Premium Demand account and the transfer of the balance of my Regular Saver Issue 1 "7%" account by email. Anglo support seems pretty pragmatic and very responsive.
I was able to request the opening of a new Premium Demand account and the transfer of the balance of my Regular Saver Issue 1 "7%" account by email. Anglo support seems pretty pragmatic and very responsive.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
I think on the application form for the 8% account there was a place to sign to request opening that account and future accounts - this may be the facility that allows Anglo to set up the premium account now by email.
I think on the application form for the 8% account there was a place to sign to request opening that account and future accounts - this may be the facility that allows Anglo to set up the premium account now by email.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Yes - but remember that 7% is the annual rate and not all of your money will have been on deposit for a full year or more. So if you have n monthly contributions of €m in the account you cannot simply calculate the interest due as (n x €m) x 7% x number of years! Rather you need to use a calculator like this.
Yes - but remember that 7% is the annual rate and not all of your money will have been on deposit for a full year or more. So if you have n monthly contributions of €m in the account you cannot simply calculate the interest due as (n x €m) x 7% x number of years! Rather you need to use a calculator like this.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Don't think so since it's a variable rate account and so the rate is subject to change. As far as I know the most that they might have to do is publish revised rates in the national newspapers.
O
olewy
Guest
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Can you paste where on the application form for the 8% Regular Saver Account that there's a place to sign to request opening that account and future accounts? I'm looking at the current application form on the Anglo site and I don't see it. The link for the application form for the Premium Account has been down for a number of days now. (Application form currently in the post but email would obviously be a lot quicker). Thanks.
InfoSeeker
Registered User
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Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Thanks for the information, we opened this account close to a year ago & certainly would not have spotted the rate change in the paper.
It is very devious if they do not amend the details on the account page for users, ie people are saying it still shows 7%.
Thanks for the information, we opened this account close to a year ago & certainly would not have spotted the rate change in the paper.
It is very devious if they do not amend the details on the account page for users, ie people are saying it still shows 7%.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Correct link for premium saver form is
[broken link removed]
They are missing a / in the account opening link.
Per ClubMan, Reg saver has now been updated in Anglo Connect to show current rate online.
Correct link for premium saver form is
[broken link removed]
They are missing a / in the account opening link.
Per ClubMan, Reg saver has now been updated in Anglo Connect to show current rate online.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
As I said above I think that the most that they (or any other bank) have to do in such circumstances is to publish the new rates in the national newspapers. I presume that the one day (?) delay in updating AngloConnect was probably just an IT system time lag issue or something like that. I don't think that they are trying to con people.
Re: Anglo Irish Bank Regular Saver Issue 1 - rate drop from 7% to 4.5% from 8th July
Disappointed to see the rate drop on the reg saver account. have to say it was probably the simplest most flexible reg savers account out there. Thankfull ythe new 8% account has most of the same features.
I have to complement Anglo. I phoned them yseterday to confirm the rate reduction and find out more about their premium demand account. Very conveniently I could close my old account and open a new one by email. Got a conformation email this morning. True no sign of any of these chances on the anglconnect website but I'm sure thats just a timing thing.
I've always found them helpful. When I overpaid inot one reg saver account (rather than splitting it between the two) one phonecall solved the issue. We complain alot about the service we get from Irish banks but from my experience Anglo deserve some praise.....
and no I don't work for them!!
Disappointed to see the rate drop on the reg saver account. have to say it was probably the simplest most flexible reg savers account out there. Thankfull ythe new 8% account has most of the same features.
I have to complement Anglo. I phoned them yseterday to confirm the rate reduction and find out more about their premium demand account. Very conveniently I could close my old account and open a new one by email. Got a conformation email this morning. True no sign of any of these chances on the anglconnect website but I'm sure thats just a timing thing.
I've always found them helpful. When I overpaid inot one reg saver account (rather than splitting it between the two) one phonecall solved the issue. We complain alot about the service we get from Irish banks but from my experience Anglo deserve some praise.....
and no I don't work for them!!