Regular Saver Thread **New and Restarted**

eskbanker

adindas wrote: »

It does not specifically mention multiple payments by SO is not allowed.

It does in the Ts & Cs:

You can only pay in once a month

Westie983

adindas wrote: »

https://www.halifax.co.uk/savings/accounts/fixed-term/regular-saver/

Well, it says.
"You can save from £25 to £250 a month by [STRIKE]a[/STRIKE] standing order (this must reach your account by the 25th of the month)"

It does not specifically mention multiple payments by SOs are not allowed. Certainly, not to exceed the monthly allowable limit.

Anyway I have done that since last week and I just checked it a few minutes ago, the interest rate is still showing 2% on this account. Let see what happen. I will keep the forum informed.

I work for Halifax, but of course you can do what you think its best.
It says standing order not plural in your post.

The next time you will realise that you have breached the T&C's is when you don't get the correct interest in 12 months or when the payment has been sent back to you, as a duplicated payment.

You may also find your account is changed to a everyday saver account due to your duplicated payment and the interest is lower for that account, and you will no longer have a active regular saver account at the higher rate.

It does say in the T&C's you can only pay in once a month, but of course you know this as you have read them before opening the account, and its been linked for you to read, and others have pointed you towards it.

Westie983

liamcov

Gers wrote: »

I've managed to replace my T esco DDs in good time

Have I missed this? Are DDs from the Tesco internet saver coming to an end?

polymaff

liamcov wrote: »

Have I missed this? Are DDs from the Tesco internet saver coming to an end?

22nd April 2018

liamcov

karlie88 wrote: »

Just to add to the above - you can also request closure of accounts once logged in.

So that pesky 'Access Saver' account that I've had for several months with £250 in it has finally gone! :T

I think some of us managed to inherit that account by being a bit too eager when Leeds BS's regular saver was launched. Cheque's arrived today, deposited via my phone and the account no longer present on online banking.

My Leeds Issue 5 matures soon - how far in advance can I request closure and will they send me a cheque without having to visit a branch?

mhoc

liamcov wrote: »

My Leeds Issue 5 matures soon - how far in advance can I request closure and will they send me a cheque without having to visit a branch?

good question - mine matures at the start of July so I will be watching your progress with this.
I've just had a look and its up to issue 14 paying 2.55% - how did that happen so quickly - have they jumped a few issues or have they been re-issuing every few weeks?

http://www.leedsbuildingsociety.co.uk/savings/regularsaver/

Westie983

liamcov wrote: »

My Leeds Issue 5 matures soon - how far in advance can I request closure and will they send me a cheque without having to visit a branch?

I closed Issue 3 and was sent a cheque without having to visit a branch (not that there is one near me anyway)

How far in advance I don't know but if you send the withdrawal form they action it, as I post dated my issue 3 and its was closed early earlier then I wanted.

So I would say within 10 days of maturity.

Westie983

Speculator

When my previous Leeds BS regular matured, they gave me the option to transfer the money by bacs to my current account. All done online, didn't need to visit branch.

liamcov

pafpcg wrote: »

It finally arrived at 14:00! Still 2.25%. Maturity date is 20 April 2019.

Don't all rush - the website is already slowing down at 14:12. I completed two applications and by the time I finished the second, each page change was grindingly slow.

Their website says I can withdraw money at any time, so if I do say 6 months down the line, will the rate still be the same or do they penalise one for doing so?

liamcov

mhoc wrote: »

good question - mine matures at the start of July so I will be watching your progress with this.
I've just had a look and its up to issue 14 paying 2.55% - how did that happen so quickly - have they jumped a few issues or have they been re-issuing every few weeks?

http://www.leedsbuildingsociety.co.uk/savings/regularsaver/

When it does mature, we'll then be able to get this one, or whatever number they will be on at that point! :beer: