When I took out my mortgage with fd, I was surprised that it had to be paid by Standing Order. There wasn’t an option to pay by Direct Debit. Possibly another legacy product!
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Yeah it does what it says on the tin.
I ditched FD to Barclays - but that’s because I can collect Avios on their barclaycard and again via Avios Rewards (premier account only)
The FD app and call centre experience though are think the best legacy bank out there.
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That other one also tells you it will be a criminal offence if you try to use it and they will take criminal proceedings if you did.
Yes you can. The last 2 years I’ve opened a regular saver I’ve cancelled my standing order that was set up when I opened the account, and then set up a new one manually for the date I want, and never had any issue.
If that works, fine, but it is against the rules, which state “Your standing order payment date will need to remain the same once set up.”
Also, discussion over on MSE says that if you change the standing order date, you don’t get the 7% Regular Saver interest rate until the original standing order date, rather than from the date you’ve set yourself.
Must be the day the clerk sits down with the ledger and their quill pen.
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I definitely see it as more of a 90s vibe. Acres of beige PCs and fax machines.
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Amazing how right they got the branding in 1991.
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Opened a new FD account mainly for access to the Reg Saver. All done via the App which was smooth and not like the several times I’ve had an account with them in past where I’ve started the application online and had to finish it by phoning them up
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