Regular Saver Thread **New and Restarted**

schiff

mhoc wrote: »

so the system wont allow you to have an issue 4 if you have an issue 3 - I've not long opened my issue 3 ..

Looking at the link it says "Only hold one of these accounts at a time" so I take that to mean only one issue 4 - wondering now of its worth a stamp

Issue 3 is better - 3.5% fixed though £200 pm

schiff

You can't have both - I've just phoned.

schiff

mhoc wrote: »

so the system wont allow you to have an issue 4 if you have an issue 3 - I've not long opened my issue 3 ..

£250 at 3% is 50p better than £200 at 3.5% per month. You could do better by closing your recently opened Issue 3 and opening the Issue 4. My Issue 3 is halfway through its year so it's a bit marginal for me. I may think about it in a few months time.

mhoc

schiff wrote: »

£250 at 3% is 50p better than £200 at 3.5% per month. You could do better by closing your recently opened Issue 3 and opening the Issue 4. My Issue 3 is halfway through its year so it's a bit marginal for me. I may think about it in a few months time.

I've had the issue 3 for 3 months so its got £600 in it

Its taken me hours to persuade my cussed printer to print off an application form but now I cant decided ...

20SmthngSver

Saffron BS

I've got Issue 3. I preferred saving £200 at 3.5% pm than £250 at 3% pm because that extra £600 over the year only generates about £3 more than at 3.5% £200pm. It's just that it's the extra £50 a month to shell out which I could put towards something as I have been doing. I'll probably still open another one at maturity though, it's still a good open to all rate.

JamesRobinson48

For completeness: Saffron BS has also just launched a "170th birthday" RSA paying 2.50%. It has postcode restrictions, however these do extend a little beyond the immediate operating area.

surreysaver

schiff wrote: »

You can't have both - I've just phoned.

But an Issue 4 isn't an Issue 3. Was the person you phoned making it up, believing a manager who was making it up, or was it a fact?

20SmthngSver

I think you can only hold one Regular Saver at a time, regardless of issue.

veryintrigued

JamesRobinson48 wrote: »

For completeness: Saffron BS has also just launched a "170th birthday" RSA paying 2.50%. It has postcode restrictions, however these do extend a little beyond the immediate operating area.

This is significant in the 'Can I have issues 3 AND 4 question' as it's terms state the same 'Only hold one of these accounts at a time' clause.

If this is true this would preclude anyone from having 3/4 AND one of these 170 Accounts but this ISN'T the case.

Someone at Saffron needs to revisit the T&Cs

schiff

surreysaver wrote: »

But an Issue 4 isn't an Issue 3. Was the person you phoned making it up, believing a manager who was making it up, or was it a fact?

I thought my post was clear enough? I told the very confident person I spoke to that I had No:3 and asked if I could have No:4 as well. Answer was no; they didn't need to consult/check/ask someone else. They knew.