Anyone here have a RBS Direct Saver?

Mark A · 22 Apr 2006 at 13:42

Hi,

I got a letter today from RBS

"I have pleasure in advising you of the interest paid on your DIRECT SAVER ACCOUNT during the tax year ended 5 April 2006

Gross interest of £0.00"

I'm really annoyed because i opened the account at the beginning of November 05 and put £7000 in there so i was expecting a bit of interest at least, but £0.00 :mad:

. What I'm thinking is that the money might have to be in there for the whole tax year but if thats so what is the point in calculating the interest daily if you cant add more money?. Any one got the same account and can shed light on why Ive earned no interest?.

Cheers

Mark

Mark A · 22 Apr 2006 at 21:26

WOW page 3 and no reply :eek:

, anyone whith a direct saver who can shed some light on why ive made no interest?. Ive Emailed them but it takes days to get a reply.

Mark

Lostkat · 22 Apr 2006 at 21:28

Mark A said:
WOW page 3 and no reply , anyone whith a direct saver who can shed some light on why ive made no interest?. Ive Emailed them but it takes days to get a reply.

Mark

Pick up the phone and ring them. Usually works for me.

Luke · 22 Apr 2006 at 21:39

Lostkat said:
Pick up the phone and ring them. Usually works for me.

Saves the best part of 8 hours waiting too!

Mark A · 23 Apr 2006 at 02:20

Hmm ye i would do that but they dont open on a Saturday or Sunday so thought id ask here as I'm quite annoyed about it and thought someone could help.

Mark

Pho · 23 Apr 2006 at 03:52

Sounds like a problem on their end, surely you would get more than 0? If you're planning on leaving them I'd recommend ING Direct; 4.50% AER. They pay out every few months too I think.