I have recently opened an account with the woolwich where you can get the best of all worlds, in branch, by telephone and via the internet. The customer services are excellent, the products very good and the offers they give are also very good.
The Woolwich are offering the Open Plan bank account as their one for internet access, i have found it to be the most comprehensive package available so far, they offer you a brand new nokia 7110 (WAP)for nothing if you get accepted and the account itself is fully flexible, you can combine mortgages, credit cards, savings and your current account all in one, they offer you the best advice on how to pay things quicker, so working out the cheapest way for you.
You get security details sent to you, and you have to enter lots of different details to log-on but this is obviously good for your own security, you can then see all of your accounts crystal clear. Telephone access is quick and easy and you can also access the WAP site from the free mobile phone, normal telephone access is a local rate call or even drop into your local branch, I can't recommend this bank enough.
The products the Woolwich offer are also very competitive in interest rates (LOans and Credit Cards) They can even set up savings pots for you, this is where you tell them the minimum you want to be in your bank account and overnight, they'll sweep it and deposit the difference into a savings pot for you, this giving you a high amount of interest, but (A) You don't have to have these and (B) You can take the savings at any time aswell.
Recommend this to anyone over 18
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Advantages: Quite a few branches and a couple of good accounts Disadvantages: You need to actively moitor your accounts - they will NOT do it for you. They are only out to make a PROFIT
CareBear 02.03.2001 (05.03.2001)
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Review of Woolwich Accounts
Advantages: Flexible Open Plan Mortgage can earn good interest which can reduce the mortage. Disadvantages: Setting up the account took forever to the point of getting close to loosing the property. Got some compensation though.
bunicadoca 01.09.2006 ·
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Ciao members have rated this review on average: somewhat helpful
Review of Woolwich Mortgages
Advantages: Payoff chunks of mortgage whenever you want. Offsetting saving accounts, interest calaculated daily Disadvantages: Can be tempted to borrow to the max
odtaa 07.11.2008 (07.11.2008)
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Ciao members have rated this review on average: very helpful
Review of Woolwich Mortgages
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Aug 8th, 2000
