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Good4(29 ratings)

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Reviewed by: apowell9701

Competitive interest rate at the moment - towards the top end of the market for similar savings accounts. Quic...

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Does Birmingham Midshires provide your savings account?

Tell us what you think of them because it will help others.

Compare Birmingham Midshires Savings

Birmingham Midshires Online Extra (Issue 21)
Account Type
Easy Access
Open With
£1,000
Interest Rate
1% AER variable on £25,000+
Protection Scheme
FSCS

Birmingham Midshires savings reviews

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Does Birmingham Midshires provide your savings account?

Tell us what you think of them because it will help others.

13 Nov 2014

Recommended

Savings account

Competitive interest rate at the moment - towards the top end of the market for similar savings accounts. Quick and easy application process on-line and quick follow up once application completed. Documentation easy to complete and straightforward to follow. Terms clear and understandable. Fast turnaround on the phone and by post. Good account overall.

4
Good
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

15 Oct 2014

Recommended

A good old building society with great rates

I have been with them for years. They offer a good service and every now and then they offer very good rates for different accounts. I had an ISA with them which was a market leader and now I have a savings account which is great but end in November. I will then look around again, but I find I keep coming back to them! When you call you get to speak to someone who understands the accounts available and can relate to the concerns of the customers.

5
Excellent
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

9 Dec 2014

Recommended

No fuss, no bother, and rates which aren't brilliant, but are no worse than anyone else

Dealing with Birmingham Midshires is always easy and simple. I can do everything online.

There is no fuss, no bother, although the rates aren't brilliant, but are no worse than anyone else.

They have all the savings products I need, which aren't many or complicated.

Not much more I can say to make this comment long enough to be accepted. sorry.

5
Excellent
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

17 Oct 2014

Recommended

Reliable provider with competitiveness rates

I started with a telephone account with them which includes an annual bonus. Each time the bonus ran out I rang them and they change it to the newest issue without fuss. The changeover is always seamless. They also offer very competitve rates and I now also have a fixed rate bond with them. They are part of the Halifax so I have to be careful how much I bank with them as anything over £85,000 won't be covered under the compensation scheme. Their operators on the phone are alway very helpful and courteous.

Competitive rates, easy to transact.

0845 phone numbers and difficult to get through on the phone.

5
Excellent
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

2 Mar 2012

Recommended

Birmingham Midshires 5.15% Bond

I invested in this Birmingham Midshires Bond in 2009, with a fixed rate of 5.15% for 5 years. However, my money is NOT tied-up and inaccessible - rather I can make a withdrawal at any time with only a 90-day interest penalty on the amount withdrawn. Thus even if I withdraw it all now, I would still get well over 2 years at 5.15% (less the 90 days interest). A pretty fair deal in the present financial climate ! Withdrawals are only allowed by post.

Good interest 5.15% for up to 5 years

If withdraw, is (only) a 90 day interest penalty

4
Good
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

18 Jun 2012

Birmingham Midshires - maturing bonds

In 2009 I invested in BM's 3 year trigger guaranteed equity bond which was due to mature last month. I received a letter from BM enclosing a maturity instruction form and a pre-paid reply envelope. There were several options listed on the form to re-invest the funds in BM's own 2, 4 and 5 year fixed rate bonds or into an existing BM savings account. I required the money for a large purchase so I completed the account closure instructions, asking for my funds to be sent to my linked account (another bank),all details listed, signed and dated the form and sent it in their reply paid envelope.

A week later when I checked my bank account, the funds had not been transferred, so I 'phoned BM who said they had not received any maturity instruction from me. I am very dubious about this as this would make it easy for them to dump my funds in a default BM account that pays a pitiful rate of interest. A cautionary tale for investors, to keep on top of their maturing funds and not be suckered by a building society in this manner.

1
Poor
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

27 Jun 2013

Recommended

Birmingham Midshires Fixed rate ISA

Fixed at just over 4% last year for 2 years so was pleased to get his rate. Moved my money from the Nationwide who had cut their savings rates.

4
Good
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

10 Feb 2012

Recommended

Birmingham Midshires

Birmingham Midshires offer fixed rate bonds at very competitive interest rates. Its easy to open on the internet and they are very helpful if you need to ring them.

good service and interest rates

5
Excellent
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

4 Jul 2013

Recommended

Birmingham Midshires has competeive interest rate

Competetive interest rate for bulk of my savings paying a monthly income

good rate, monthly interest paid

none except rate could be better

4
Good
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

27 Jun 2013

Recommended

Birmingham Midshires Cash ISA

Excellent return on their 5 year cash ISA. Leaves other companies standing in their dealings,

Interest rate fixed

5
Excellent
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

Does Birmingham Midshires provide your savings account?

Tell us what you think of them because it will help others.