I intend to contact them 2 weeks before and ask are they willing to offer me a rate to keep my deposits with them.My funds have lodged into the account today. Should I set a reminder to withdraw the funds on January 19th 2024 which is 6 months plus one day from now?
Can you clarify - makes you wonder what? I'm not sure about compensation payout deadlines (not 10 days like deposit guarantees?) and protection only up to €20k are reasons I would have for keeping my deposits with an actual bank.Lightyear paying 3.0% interest from nxt wk. And an awful lot easier to deal with than Advanzia. Makes you wonder.
Hi Lisboa. This isn’t the reassurance you are seeking. I’ve posted previously in this thread about my ongoing experience with my Advanzia application. The latest (as of Friday last) is that they can’t find my application and they can’t find my AML and Tax documents. This makes little sense as I last week (1) sent them a copy of the “Thank you for your application for an Advanzia savings account !” (the exclamation mark is theirs) screen which I grabbed immediately after submitting my application (Showing all details I entered, name, address, PPSN, email and phone number, birth and residency details etc. and (2) a copy of the Post Luxembourg delivery confirmation of the package containing my AML and Tax documents which I had sent by registered post. I currently waiting on them to check one more time before going the formal complaint route. I know that others have had more success with them, but thats my experience for what its worth.A couple of things bothering me with Advanzia though; sensitive documents having to be sent by post or email. Any reputable security conscience bank should have an upload facility internally via their website or app.
Shouldn't Advanzia (or Raisin bank partner BFF) be in Section 2 (a) or (b) - I don't see Advanzia there, I see BFF, but only under "non deposit taking activities" ?Well I had planned to open a Raisin account this week but 3.66% instant access has me on the fence.
A couple of things bothering me with Advanzia though; sensitive documents having to be sent by post or email. Any reputable security conscience bank should have an upload facility internally via their website or app.
Also they are not listed on the Credit Institutions Register here.
All the Raisin partner banks are registered here.
https://registers.centralbank.ie/prerenderedreports/2.pdf
Another option but for 6 months is it worth the hassle, bff and raisin seem the worthy winner atmShouldn't Advanzia (or Raisin bank partner BFF) be in Section 2 (a) or (b) - I don't see Advanzia there, I see BFF, but only under "non deposit taking activities" ?
A meaningless comparison. Advanzia is offering a Demand Deposit account. Raisin offers (with one pointless exception) Term Deposits.Another option but for 6 months is it worth the hassle, bff and raisin seem the worthy winner atm
Lightyear is superior to this for instant access and more long term, raisin for fixed termA meaningless comparison. Advanzia is offering a Demand Deposit account. Raisin offers (with one pointless exception) Term Deposits.
Anyone know story on this? Separately, I couldn't log into Advanzia last night at all, "general errors". I know it could and has happened to loads of banks but ...Shouldn't Advanzia (or Raisin bank partner BFF) be in Section 2 (a) or (b) - I don't see Advanzia there, I see BFF, but only under "non deposit taking activities" ?
On 5th July I got the June statement, in fact, while the statement showed the interest applied on 30th June, I don't think it was visible until 5th July. No interest showing yet for July for me, so I am assuming some time this week too.Does Advanzia send any kind of email on the 1st of each month to tell you how much interest has been earned?