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Regular Saver Thread **New and Restarted**

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  • 20SmthngSver
    20SmthngSver Posts: 512 Forumite
    100 Posts Second Anniversary Name Dropper
    I think you can only hold one Regular Saver at a time, regardless of issue.
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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
    schiff Posts: 20,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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. :)
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    schiff wrote: »
    You can't have both - I've just phoned.
    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.

    It appears that existing Saffron customer can apply for the birthday one online even if they have the normal RS one (certainly if you have issue 3). I haven't gone ahead with the application but perhaps someone who does can confirm that they managed to open one, and that it stays open.:cool:
  • eastofeden
    eastofeden Posts: 227 Forumite
    Part of the Furniture 100 Posts Name Dropper
    The Santander RS rate is now 2.5% and Nationwide have scrapped their RS altogether.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    schiff wrote: »
    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. :)

    I can confirm it's not possible, at least not online. If you have an issue 3, issue 4 is not on the menu of additional savings accounts to open online. You got the 170th birthday one on the list though......
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    eastofeden wrote: »
    The Santander RS rate is now 2.5% and Nationwide have scrapped their RS altogether.
    Existing Santander Monthly Saver accounts are still 3% AER.
  • eastofeden
    eastofeden Posts: 227 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Yep, that’s correct Colsten, and existing Nationwide ones are still at 5% until maturity.
  • solartom
    solartom Posts: 48 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    edited 29 July 2019 at 5:51PM
    Saffron BS
    Just applied for 170th Birthday RS
    awaiting details of account
    max deposit per month £1000
    min deposit £ 100
    live outside postal code restrictions
    but have online access
    Mortgage Free 02/02/2024
  • bubieyehyeh
    bubieyehyeh Posts: 590 Forumite
    Part of the Furniture 500 Posts Name Dropper
    solartom wrote: »
    Saffron BS
    Just applied for 170th Birthday RS
    live outside postal code restrictions


    Interesting to know you can open online, but please let us know if they subsequently close your account if you dont live in the required areas.
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