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Regular Saver Thread **New and Restarted**

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  • schiff
    schiff Posts: 20,248 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Westie983 wrote: »
    Great thanks for this.

    Westie983

    Positively Shakespearean! :)
  • Sea_Shell
    Sea_Shell Posts: 10,000 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    AirlieBird wrote: »
    Yes, payments are by faster payment. Withdrawals are next working day.

    You can view balance and transactions and send secure messages online to change nominated accounts, make withdrawal and closure requests or change personal details. You can't action withdrawals yourself as it is a branch/postal account.

    So am a right in that, say, at maturity,I can request a closure, and they'll send the money to my. Nominated account. I don't have to visit a branch to get my money?! I just can't do a direct transfer myself.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    10,000 Posts Combo Breaker
    Sea_Shell wrote: »
    So am a right in that, say, at maturity,I can request a closure, and they'll send the money to my. Nominated account. I don't have to visit a branch to get my money?! I just can't do a direct transfer myself.

    You would also need to post your account book to them to action the change as they don't allow retrospective updates to the books - it has to be done at the same time as the withdrawal/closure.
    "In the future, everyone will be rich for 15 minutes"
  • Sea_Shell
    Sea_Shell Posts: 10,000 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Oh that seems a bit of a faff. Don't think I'll bother. Thanks for the info though.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    EachPenny wrote: »
    You would also need to post your account book to them to action the change as they don't allow retrospective updates to the books - it has to be done at the same time as the withdrawal/closure.
    Sea_Shell wrote: »
    Oh that seems a bit of a faff. Don't think I'll bother. Thanks for the info though.

    There isn't an account book for the regular saver.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    AirlieBird wrote: »
    There isn't an account book for the regular saver.

    If we are talking about Leeds regular saver then there is a passbook, I think this was in relation to the comment about faster payments in to the Leeds regular saver.

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    Westie983 wrote: »
    If we are talking about Leeds regular saver then there is a passbook, I think this was in relation to the comment about faster payments in to the Leeds regular saver.

    Westie983

    Hmm.... Perhaps it depends how you opened it, but I definitely do not have a passbook.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
  • Vortigern
    Vortigern Posts: 3,302 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    AirlieBird wrote: »
    Hmm.... Perhaps it depends how you opened it, but I definitely do not have a passbook.
    Highly likely. I have no passbook for an issue 5 that I opened online for myself, but I have a passbook for an issue 6 that I opened in branch for someone else, using power of attorney.
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    AirlieBird wrote: »
    Hmm.... Perhaps it depends how you opened it, but I definitely do not have a passbook.

    Interesting, I opened Issues 3,4 & 5 and all had or have passbooks, I opened them via post so maybe you only get one if you dont open it in branch.

    I am no where near a Leeds branch.

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    I think if you open it online you don't get one, if you open it in branch or by post you do.

    Either way, I apologise to EachPenny.
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
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