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Leeds Building Society Regular Saver (Issue 4)
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mine still there (earning .5% ! "BACS payment can take up to 3 working days" !!!0
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£222.27
"no instruction received for maturing funds" "send secure message"
"cheque or BACS/Chaps - £20 cost"
Me - complaint please. You ignored online instructions (did this a month ago "no trace". Cheque 3-5 days to get here. 2-3 days to clear. Loss of interest and inconvenience
Grrrrrr0 -
Yep, mine must have arrived whilst I was at work! I was just a tiny bit paranoid that I'd not given them the correct details when the money wasn't there initially!0
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£222.27
"no instruction received for maturing funds" "send secure message"
"cheque or BACS/Chaps - £20 cost"
Me - complaint please. You ignored online instructions (did this a month ago "no trace". Cheque 3-5 days to get here. 2-3 days to clear. Loss of interest and inconvenience
Grrrrrr
Cheques can clear same or next day depending on who you bank with. And you're talking a couple of pennies in interest lost lol0 -
you mind your own money, not mine0
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"£69.84 1/2/19 & £30.41 interest added 31/8/18, so yes you are right but not exactly mind blowing for an investment of just over £7k, and yes i know the whole 7k hasn't been invested for a full year but i personally don't think it is worth the effort anymore."
Yes it requires effort, but a 2.55% regular saver running for more than 2 years and 2 interest payments compounded before the final one made it worthwhile. Strange they didn`t separate the final interest payment into gross interest and bonus interest like the previous 2 sets of interest payments. Don`t forget to cancel your standing orders!0 -
where_are_we wrote: »"£69.84 1/2/19 & £30.41 interest added 31/8/18, so yes you are right but not exactly mind blowing for an investment of just over £7k, and yes i know the whole 7k hasn't been invested for a full year but i personally don't think it is worth the effort anymore."
Yes it requires effort, but a 2.55% regular saver running for more than 2 years and 2 interest payments compounded before the final one made it worthwhile. Strange they didn`t separate the final interest payment into gross interest and bonus interest like the previous 2 sets of interest payments. Don`t forget to cancel your standing orders!
I agree. It's generated more than any of my other regular savers this only run for 12 months.
They didn't separate because they changed the conditions. From 1 September, the rate became wholly unconditional, not part conditional bonus part interest.0 -
where_are_we wrote: »Strange they didn`t separate the final interest payment into gross interest and bonus interest like the previous 2 sets of interest payments.
The bonus became unconditional after the last interest was paid (as stated in their letter). I assume they just made the bonus 0.00% and upped the base rate to 2.55%.0
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