Leeds Building Society Regular Saver (Issue 4)

stehouk

Don't you just wish leed's building society would upgrade to proper banking where funds can be moved online instead of an out dated pass book withdrawl. or is it just me.

aj23_2

stehouk wrote: »

Don't you just wish leed's building society would upgrade to proper banking where funds can be moved online instead of an out dated pass book withdrawl. or is it just me.

Presumably most people who opened it, in branch, don't mind either going into branch to withdraw or withdrawing by post. Doesn't bother me.

bingbonglong

Does the increase of the maximum amount to 7250 take place immediately or on the 1st September? My letter is not clear. Thanks.

aj23_2

bingbonglong wrote: »

Does the increase of the maximum amount to 7250 take place immediately or on the 1st September? My letter is not clear. Thanks.

Yeah but the most anyone will have as of today in August is £6000 anyway. The bonus becomes unconditional on 1 September, i.e. the account isn't condition based from that date on.

Vortigern

stehouk wrote: »

Don't you just wish leed's building society would upgrade to proper banking where funds can be moved online instead of an out dated pass book withdrawl. or is it just me.

Just you. Leeds BS will send you a letter just before the account matures, asking for your maturity instructions. There will be a link to an online form. No passbook required.

Your options will be:

• Do nothing. Converts to maturity account paying very little interest.
• Transfer to a new Leeds account.
• Transfer to an existing Leeds account
• Transfer to an external account.

aj23_2

Vortigern wrote: »

Just you. Leeds BS will send you a letter just before the account matures, asking for your maturity instructions. There will be a link to an online form. No passbook required.

Your options will be:

• Do nothing. Converts to maturity account paying very little interest.
• Transfer to a new Leeds account.
• Transfer to an existing Leeds account
• Transfer to an external account.

Or send you passbook and they will send you a cheque for the full balance...

stehouk

aj23 wrote: »

Or send you passbook and they will send you a cheque for the full balance...

cheque ?
so i set my account up online, i can log on and look at it but not have access to it, i then have to request a cheque thingy and wait,,,,,,,,,,,,, then send it off again to tesco and wait,,,,,,,,,,,,brilliant should see the money in a months time then.:rotfl:

schiff

stehouk wrote: »

cheque ?
so i set my account up online, i can log on and look at it but not have access to it, i then have to request a cheque thingy and wait,,,,,,,,,,,,, then send it off again to tesco and wait,,,,,,,,,,,,brilliant should see the money in a months time then.:rotfl:

If you're in the business of chasing higher interest rates, you sometimes have to suffer these awful awful setbacks. It might be better for your future peace of mind to avoid opening any more accounts with the Leeds BS.

Just a thought

aj23_2

stehouk wrote: »

cheque ?
so i set my account up online, i can log on and look at it but not have access to it, i then have to request a cheque thingy and wait,,,,,,,,,,,,, then send it off again to tesco and wait,,,,,,,,,,,,brilliant should see the money in a months time then.:rotfl:

I'm just going by what their withdrawal form, which you can download and send, says. It's either internal transfers or a cheque.

I bank with Tesco too and it's never taken a month lol.

Vortigern

aj23 wrote: »

Or send you passbook and they will send you a cheque for the full balance...

Using the online form is quicker. No postal delay, no stamp needed, money in your chosen destination the day after maturity.

aj23 wrote: »

I'm just going by what their withdrawal form, which you can download and send, says. It's either internal transfers or a cheque.

I didn't "download and send." I completed an online form and submitted it online. Leeds BS can transfer to an external account, if that account has previously been verified by them.