All of which is irrelevant to the question asked.BoI are using an IT platform off Noah's Ark. Two weeks for appointment to open a Fixed Term a/C !!! Then five days to transfer funds from my BoI account!!! .... & wait for it, another expected five 'working days' before I can view the new term account on my BoI app!!!
Pathetic customer care and little wonder that TRUSTPILOT rates the service as 'appalling '
In your humble opinion the 'Super Saver', Term Deposits and the inability of BoI to run a user friendly platform is irrelevant? Interesting perspective in trying to justify an unfit for purpose , user unfriendly system that patently treats the client with contempt.All of which is irrelevant to the question asked.
I have just applied for a BOI supersaver. I was amazed to receive my IBAN by text given all the stories about scamming and phishing. I did not transfer funds until I added the account to my BOI 365 app. I then got a call next day from BOI security checking it was me transferring funds. The person I spoke to was equally surprised that I got the IBAN by text and said he would discuss it with the bank. Anyone else had a similar experience?
All of which is irrelevant to the question asked.
The issue is the sending of the IBAN by text.In your humble opinion the 'Super Saver', Term Deposits and the inability of BoI to run a user friendly platform is irrelevant? Interesting perspective in trying to justify an unfit for purpose , user unfriendly system that patently treats the client with contempt.
The issue is the sending of the IBAN by text.
Your post has nothing to do with that.
It would be a issue of a scammer sent you an IBAN and you transferred funds to it.What do you think is wrong here?
IBANs are specifically designed to be shared around.
Giving IBAN number
There a lot about scams and giving details about our bank account Some imply that the IBAN and BIC should be avoided, I fail to see how a scammer can draw from a person's bank account by giving these IBAN detail and not giving any passwords. We give IBAN numbers all of the time for electronic...www.askaboutmoney.com
Would it not be better to place the money in TR’s 4% instant access each month?From recent experience…
Opening the super saver failed via the app, I had to use my laptop (blank screen in app, iOS 16).
Various delays in opening account which are mentioned as you open it - e.g cannot transfer until after something like 8 days. I opened the account in late August, received the text message a few days later with IBAN. waited 3 weeks wondering why nothing had been debited, contacted them to be told my debit would be oct 6 !
Morning of oct 6, BOI current account is debited, nothing in super saver balance yet on Oct 7.
So, account open for over 1 month with nothing in it, so I challenge you to maximise the benefit of the interest rate when these kinds of shenanigans are in force, keeping in mind the whole “first year” interest rate.
TR?Would it not be better to place the money in TR’s 4% instant access each month?
Trade Republic is currently offering 4% on deposits up to 50K.
The protection is unclear, and if it’s unclear, then as far as I’m concerned it’s a risk.Trade Republic is currently offering 4% on deposits up to 50K.
Yeah, it's applied 12 months to the day of the very first deposit you made into the account - not when the account was opened and activated. You can ring & they'll tell you exactly when that was, or look through your account statements & you can work it out.Does anyone know when interest is applied? It has been 12 months and almost 3 weeks since my account was activated and interest hasn't been applied to my account yet. If i withdraw funds and close account, will interest still be applied?
Thanks, i will call them because it's well over 12 months since first deposit.Yeah, it's applied 12 months to the day of the very first deposit you made into the account - not when the account was opened and activated. You can ring & they'll tell you exactly when that was, or look through your account statements & you can work it out.