HSBC regular saver due to mature next month

Ted_Bloke

Swipe wrote:

I just want my £3000 back. If it's not there by tomorrow, I'll call them as the actual day I opened the account was 21st Feb 2005

I'd noticed that too in my case, didn't contact them then they contacted me. I think their way of looking at it is on 21 Feb you hadn't earned any interest. The time it has matured is after you've earned 12 monthly interest amounts. Sometime after I'd been up to £3000 they contacted me, they will probably contact you before 21 March. Not to worry yet.

Swipe

Sorry, I meant 21st Jan 2005... so on 21st Feb (tomorrow) it will be 12months and one day old. I received a letter the other week telling me what would happen. What confused me is the fact that the account has disappeared from "My Accounts" leaving me £3k short. I assumed the account would be closed and at the same time my other account would be credited. I'm hoping it will be deposited at midnight tonight.

monki_man

I've logged into my HSBC account and cant see reg savers there. I called up and the helpline told me that regular savers money will get transferred into my savnig account (thats because it was my nominated account). SO it might be different for you guys.

I'm going to check it tomorrow morning and hopefully I can rest. It's pretty good timing, seeing as I've just opened a barcaly's online Current account, I might as well go for their 10% deal.

Swipe

Just checked and it's still not there. I'll be calling up today. If it takes up to 4 days they should have warned us in the letter.

Swipe

My £3k turned up this morning.

Tianguis

Hi Swipe, out of interest (no pun intended) how much 'interest' did HSBC pay you?

Swipe

Tianguis wrote:

Hi Swipe, out of interest (no pun intended) how much 'interest' did HSBC pay you?

I got £104 net

littlemissmoney

Hi

My HSBC regular saver matures this month. I have recently opened an A&L account and regular saving and have moved all my DD's to them. The only thing I use my HSBC account for now is to get my salary paid into to satisfy the regular saver t&c. I'm just wonder whether it's worth doing the HSBC regular saver for another year? I've calculated that moving my salary to A&L each month will cost me about £8 a year in lost interest and it is obvioulsly a bit of a pain. I can't decide whether to scrap HSBC altogether (except for putting the interest free overdraft in a high interest account ) or to keep playing musical money for the sake of their regular saver. Any thoughts?

arma

hi
Bradford and Bingley are offerring 10% gross on their christmas saver which is like a regular saver with a cap of 150pm and the best bit is that you need not have a current account with them(read in a newspaper).So in effect you can have two regular saving accounts with the best rate :j

arma

oops! seems this offer has ended