Regular Saver Thread **New and Restarted**

colsten

Saffron RS Issue 3 is no longer available for new applicants - now Issue 4, 3% AER, £250/mth max, applications now only in Branch, or by post if you are an existing customer(*). A good account to have if you haven't overfilled your boots with Issue 3.

https://www.saffronbs.co.uk/savings/fixed-rate-savings-accounts/12-month-fixed-rate-regular-saver-issue-4-gr1/

EDIT: if you have a Saffron online savings account, other than the RS Issue 3, you can also open this account online.

mhoc

colsten wrote: »

Saffron RS Issue 3 is no longer available for new applicants - now Issue 4, 3% AER, £250/mth max, applications now only in Branch, or by post if you are an existing customer. A good account to have if you haven't overfilled your boots with Issue 3.

https://www.saffronbs.co.uk/savings/fixed-rate-savings-accounts/12-month-fixed-rate-regular-saver-issue-4-gr1/

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

schiff

colsten wrote: »

Saffron RS Issue 3 is no longer available for new applicants - now Issue 4, 3% AER, £250/mth max, applications now only in Branch, or by post if you are an existing customer. A good account to have if you haven't overfilled your boots with Issue 3.

https://www.saffronbs.co.uk/savings/fixed-rate-savings-accounts/12-month-fixed-rate-regular-saver-issue-4-gr1/

"You must only hold one of these accounts at a time"

I wonder if they mean 'regular savers' or Issue 4

Crossed with last post!

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?