bendy

Santander Isa

30 posts in this topic

+1% if jimmy mcilroy wins a major this year :blink:

this is how low it's got.

if you have 'money', get it into something (anything) else.

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[quote name='bendybogle' timestamp='1333305816' post='909004693']
+1% if jimmy mcilroy wins a major this year :blink:

this is how low it's got.

if you have 'money', get it into something (anything) else.
[/quote]

I thought it was +0.1%. The 4% for two years is good enough to get our £10K next week though.

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Yep, 0.1% bonus if Rory McIlroy wins a major. Pretty pointless gimmick

http://www.telegraph.co.uk/finance/personalfinance/investing/isas/9123338/World-number-one-Rory-McIlroy-teams-up-with-Santander-to-boost-your-cash-Isa.html

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Yes, but you get a rate of 4%

that's double the BOE's inflation target

So much for ZIRP and NIRP

:blink:

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It's a gimmick. 0.1% is f all. The rate is still very good though and beats the shit out of the other 2 year fixes. Although beware you can only find it between the 6th and 14th of April.

Same for the instant access. 3.3% worth the risk of the shit customer service and I've had worse from Halifax anyway.

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[quote name='bendybogle' timestamp='1333305816' post='909004693']
+1% if jimmy mcilroy wins a major this year :blink:

this is how low it's got.

if you have 'money', get it into something (anything) else.
[/quote]

And I will raise you a http://www.halifax.co.uk/savings/savers-prize-draw/ :P

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That's nothing. I heard the Spanish government will honour all foreign debts if Seve Ballesteros wins.

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[quote name='Bruce Banner' timestamp='1333306051' post='909004696']I thought it was +0.1%. The 4% for two years is good enough to get our £10K next week though.[/quote]

It's IceSave all over again.

You're all idiots.

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[quote name='RufflesTheGuineaPig' timestamp='1333310638' post='909004754']
It's IceSave all over again.

You're all idiots.
[/quote]

It's covered by the FSA thingy, making it as safe as any other bank operating in UK.

Icesave's savers unlimited bailout by Brown was a disgrace and I like to think this government wouldn't do that, but small amounts (under £85K) are a different matter.

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Having spent 2 hours trying to access my accounts anything Sanatnader related is wearing pretty thin.
We went from its google chromes fault to cannot accept pass words with any two digits being in a sequence to have you enabled cookies to finally admitting that the computer has wiped your registration and we will mail new logon details out to you.
My new (next month) ISA will NOT be with Santander.

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[quote name='RufflesTheGuineaPig' timestamp='1333310638' post='909004754']
It's IceSave all over again.

You're all idiots.
[/quote]

Covered by the same UK government guarantee as all other banks

:blink:

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[quote name='RufflesTheGuineaPig' timestamp='1333310638' post='909004754']
It's IceSave all over again.

You're all idiots.
[/quote]

Blame the BOE ZIRP causes a flight to higher yielding, higher risk assets. I also have £50k in 8x leveraged crude ETFs*






*not really...


...It's only £45k

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[quote name='man o' the year' timestamp='1333311796' post='909004763']
Having spent 2 hours trying to access my accounts anything Sanatnader related is wearing pretty thin.
We went from its google chromes fault to cannot accept pass words with any two digits being in a sequence to have you enabled cookies to finally admitting that the computer has wiped your registration and we will mail new logon details out to you.
My new (next month) ISA will NOT be with Santander.
[/quote]

Not too much of a problem on an account that you don't intend to touch for a couple of years though.

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[quote name='Bruce Banner' timestamp='1333312240' post='909004770']
Not too much of a problem on an account that you don't intend to touch for a couple of years though.
[/quote]
And in a couple of years when they tell you they have no record of you :lol: :lol: :lol: Edited by zebbedee

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Interest reflects risk.

I wouldn't bet your money on the government bailing you out.

Unless you donate large amounts to the conservative party.

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A number of posters, including myself have had incredibly bad experiences of Santander. Do a search on the forum.

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[quote name='Byron' timestamp='1333323219' post='909004843']
A number of posters, including myself have had incredibly bad experiences of Santander. Do a search on the forum.
[/quote]

I've have a much worse opinion of Halifax. I've been with santandire for 3 years now and only experienced mild incompetence.

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[quote name='Pent Up' timestamp='1333344872' post='909004870']
I've have a much worse opinion of Halifax. I've been with santandire for 3 years now and only experienced mild incompetence.
[/quote]


I have had lots of problems with Santander, as has my wife who has recently received 2 gift baskets from them for serious errors on her bank account.

I was talking to a Spanish colleague at work the other day who says they have just as bad a reputation in Spain.

Their UK operation has got a bit better but not much, they are the only UK bank I know who can have their ATM network down for several days in a row and not treat this as a serious problem

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Been with Santander since A&L takeover. Not a. single problem. So far.

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Halifax have treated me so badly in the past I told them I was minded to skip their internal complaint procedure, skip the financial services ombudsman, and go straight to the fraud squad. They created a direct debit without authority on an HSBC account of mine (possible, using something called AUDDIS) and used it to debit money I didn't owe them. If an individual did that they'd be looking at jail time.

The first call centre person I spoke to was very dismissive but as I climbed the management tree they got more and more concerned and ended up paying me some ex gratia cash - so I'm still with them. :rolleyes:

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I've been with Santander (and before that Abbey) for the past 15 years and have never had any problems banking with them. Their online banking has always worked for me, and it only took a phonecall to update 2 of my existing Santander cash ISA's to their new 2yr 4% fixed rate deal.

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Not great news regarding Santander and default insurance costs
http://uk.reuters.com/article/2012/04/11/uk-spain-banking-idUKBRE83A08F20120411

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Strange. Santander have been steadily issuing new shares since they took over A+L etc.
Their share price remained steady until recently.

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[quote name='inflating' timestamp='1334143284' post='909011309']
Not great news regarding Santander and default insurance costs
http://uk.reuters.com/article/2012/04/11/uk-spain-banking-idUKBRE83A08F20120411
[/quote]

Which is why I wouldn't put more than £85K, per person, into any bank in the current economic climate.

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[quote name='Bruce Banner' timestamp='1334156604' post='909011502']
Which is why I wouldn't put more than £85K, per person, into any bank in the current economic climate.
[/quote]

If a big one went down could it be like this?

http://www.youtube.com/watch?v=ghfg7t5g7KE

Where are you going to keep moving your £85k's?

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