Regular Saver Thread **New and Restarted**

surreysaver

glider3560 wrote: »

There is one situation where it may have been disadvantageous: if someone wanted the interest to fall in a specific tax year.

In fact, I'm waiting until after the weekend to open a couple of regular savers, specifically to avoid them maturing in next year's tax year, because its borderline whether I'll be going over the £1k limit for savings in the 2019/20 tax year.

polymaff

Fifth and sixth April 2020 are a Saturday and Sunday.

Stand by for mayhem.


Edit: At least Easter will be the following weekend. A small mercy.

surreysaver

polymaff wrote: »

Fifth and sixth April 2020 are a Saturday and Sunday.

Stand by for mayhem.


Edit: At least Easter will be the following weekend. A small mercy.

Its a leap year. Sunday and Monday. Still mayhem, though!

Special_Saver2

Hi Folks,

Here is this weekend's update.

- Nationwide BS Flex Regular Online Saver removed from the list on page 1 as it is being withdrawn tomorrow


- Virgin Money Regular Saver issue 15 replaced with issue 16, same details as issue 15 but maturity date for issue 16 is 1st May 2020


I will do another update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page

badger09

badger09 wrote: »

Hi SS2

Sorry to add to your work, but for most of us, the Tesco current account rate doesn't drop to 1% until 14 June. The earlier drop applies only to accounts opened [STRIKE]fairly recently. I'll check date & post back unless someone else knows[/STRIKE]. since 1st March

Thanks for all your hard work on this.

Again, apologies to SS but did you miss this?

(Not surprised if you did, amongst so much discussion:o)

lindez

Made an appointment for yesterday virgin regular saver.The systems were down I was there for about an hour no luck. I have had to make another appointment for next Friday. Did anyone else experience this yesterday.

karlie88

lindez wrote: »

Made an appointment for yesterday virgin regular saver.The systems were down I was there for about an hour no luck. I have had to make another appointment for next Friday. Did anyone else experience this yesterday.

I tried to log in on VM yesterday (lunchtime-ish) and their online banking was down.

karlie88

karlie88 wrote: »

A family member was unaware of the following, so I thought I would post to assist others:

Saffron BS' reg saver offers 3.5% on up to £200 per month and has historically (for many years) offered very good rates on its reg saver. Most of us know this.

You can only open the account in-branch or via post. However, to open via postal application you have to have held a savings account or mortgage with them for 6 months beforehand.

Fortunately, they offer an online e-saver account that can be opened and managed online.

Needless to say, he has opened an online e-saver.

You get the rest...

It has now been 6 months and I have been reliably informed that you can apply for Saffron BS's Reg Saver via its online banking. There is no mention of this on their website, but it can be done.

So for those who opened their online e-saver and are passed the 6 month eligibility period, log in, apply for a savings account on the right-hand side option/menu and select Regular Saver Issue 3.

The account is opened instantly, can be funded instantly and is viewable online.

glider3560

karlie88 wrote: »

It has now been 6 months and I have been reliably informed that you can apply for Saffron BS's Reg Saver via its online banking. There is no mention of this on their website, but it can be done.

So for those who opened their online e-saver and are passed the 6 month eligibility period, log in, apply for a savings account on the right-hand side option/menu and select Regular Saver Issue 3.

The account is opened instantly, can be funded instantly and is viewable online.

That was the route I took to opening this account, however I had to still apply by post and got a passbook. Good to hear the process has been modernised.

colsten

glider3560 wrote: »

That was the route I took to opening this account, however I had to still apply by post and got a passbook. Good to hear the process has been modernised.

Can you explain please - do you mean that after you had opened the account online, and after it was showing online, you then also had to somehow apply by post?