Regular Saver Thread **New and Restarted**

aj23_2

lindez wrote: »

Hi just a quick question, I thought a help to buy isa is for buying a home in the future, apologies if it appears to be a stupid question. Thank you

I opened a Help to Buy ISA in April 2016 with no intention of being able to use to buy a house because there aren't any properties for under 250k where I live, and I'm still getting 4%.

I opened a Lifetime ISA in February and transferred in my 2016-17 tax year contribution to it and got the 25% bonus on the 4k allowance and then another 25% on the amount I was allowed to transfer in from the Help to Buy ISA as a one time thing.

I am surprised I'm still getting 4% though, I would have expected Santander to have cut it by now considering Halifax have cut their Issue 1 rate from 4% several times now.

aj23_2

adindas wrote: »

Leeds RS4 I tried to browse my document and I found that the account will keep paying 2.3% (e.g 0.5% +1.8% bonus) indefenitely for the balance up to £6000. So my understanding is that as long as it is stil up to £6000 people will still get 2.3% . Is it correct or I have missed something here ? Thanks

See this thread. https://forums.moneysavingexpert.com/discussion/5783648/leeds-building-society-regular-saver-issue-4

Special_Saver2

Hi Everybody,

I cannot see anything to change for this weekend's update.

I will do another update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page

adindas

I just received Summary (KPI) of this product which is a replacement of Members regular saver.

I noticed the wording "You can have more than 1 regular saver local account."

This AC is a very good to divert the money from Club Lloyds and BOS current account as it is paying 2% interest with no limit for penalty free withdrawals and has no maturity date.

Having a few numbers of RSA of this kind will allow people to accelerate the process of draining money from current ac paying lower than 2% to RS, if needed. For Instance after the maturity of few RS accounts simultaneously falling into the same month.

Has anyone (not local to Buckingham) managed to open 2nd, 3rd, etc of Buckingham Regular Saver Local?

polymaff

Bizarre that Reading is regarded as local to Monmouth.

Speculator

I opened their Saver Plus issue 1 many many years ago when it was paying a competitive rate of interest. It allowed 1 DD to be paid in per month but the latest issue only allows payments by SO I think.

Luckily for me, It qualified me to open their latest 2.5% Reg Bond because I am an existing member.

adindas

Speculator wrote: »

I opened their Saver Plus issue 1 many many years ago when it was paying a competitive rate of interest. It allowed 1 DD to be paid in per month but the latest issue only allows payments by SO I think.

Luckily for me, It qualified me to open their latest 2.5% Reg Bond because I am an existing member.

2.55% is a respectable interest rate so good to have it for people who need it.
So am I correct to say that the 2.5% Reg Bond does not allow the payments by DDs ?

Speculator

I think they switched to SOs a few years ago but people still paying in by DD were allowed to keep it.

details right at the bottom. http://www.monbs.com/regular-saver-bond/

mhoc

A quick question. I have a Principality building society issue 17 expiring in late August - does anyone know if they accept 13 payments? Or would the final 13th payment bounce back?

Just figuring out when to cancel the standing order - July 1st or August 1st.

[Deleted User]

mhoc wrote: »

A quick question. I have a Principality building society issue 17 expiring in late August - does anyone know if they accept 13 payments? Or would the final 13th payment bounce back?

Just figuring out when to cancel the standing order - July 1st or August 1st.

Maximum balance is £6000 (per the T and C's), so if you have made 12 X £500 payments you can't make a 13th.