Ulster Bank 1 Year Fixed 3.35%

P

PTO

Guest
Called into UB branch today hoping to transfer money from my measly eSavings account (1.25%) to the 1 Year Fixed at 3.35%.

Lo and behold the lady in the branch told me it can't be done as this is for New Business only. I couldn't find any mention of this in the brochure or ads.

Getting completely fed up with UB interest rates for existing vs new customers. Realise this is just the nature of business but surely they realise existing customers will go elsewhere?

Just wondering has anyone managed to open this account with existing UB money?

Off to renew relationships with An Post, AIB, BOI and a few new UK players.......
 
Exactly, walk out the door with the cheque and back in the next day, low and behold - new funds!!!
 
I know - the thought did cross my mind and I may well try it yet.

But I asked their 'customer adviser' about this some time back and she said they could refuse the application if it was obvious the money was withdrawn earlier. Not sure how this would work in practice.

I'm just surprised by this one because it usually is clearer in the ads if they are restricted to new money.
 
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