Regular Savings Accounts: The Best Currently Available List!

patientperson

veryintrigued wrote: »

31/03/16 is in my spreadsheet and am pretty certain that's correct.

Yes I agree with this date.

Going back to September/October 2014 this account was to be available only to a certain number of members. First come First served basis. When the tally was reached then the account would become a closed issue. Given that it was a good offer I reckon that all accounts were opened in October 2014 and all will mature at the same date 31-03-2016.

I did look at my paperwork but nothing is stated to that effect.

If other account holders do not agree then they can always contact the BS for clarification.

arsenalboy

On my spreadsheet I have got the 1st April. This ties up with maturing on the 31st March and available next day for withdrawal. That was only my interpretation based on other banks/b socs making you wait a day.

info_addict

No doubt everyone who has this account will receive this info, but they are changing the terms and conditions.

The requirement for having switched a bank account from another provider using their switching service and having 2 ACTIVE Direct debits will apply to existing customers from 6th April 2016.

It will not apply for existing accounts which are already open until they mature after that date.

Luckily just renewed mine.

Temrael

Yep wife and I got the same letter today. Ours are scheduled to mature next month so if we reopen them quick (ahead of the April 6th change) we should be ok for another year.

Steve_xx

Temrael wrote: »

Yep wife and I got the same letter today. Ours are scheduled to mature next month so if we reopen them quick (ahead of the April 6th change) we should be ok for another year.

Why not simply set two DD's to two Tesco accounts? Problem solved!

Temrael

Yeah might look at that next year. I've not yet needed to do the Tesco thing

pwhitf

Has anybody had one of these mature yet? Mine has disappeared from my accounts screen when I login but the monies haven't appeared in my current account (full day funds not showing). I have sent M+S a question (awaiting reply) - but is this normal?

KTF

Assuming it is like the First Direct one it will appear in a few days in a new instant access savings account.

Biggles

pwhitf wrote: »

Has anybody had one of these mature yet? Mine has disappeared from my accounts screen when I login but the monies haven't appeared in my current account (full day funds not showing).

When did it mature? Mine appeared in my current account the following day.

Steve_xx

pwhitf wrote: »

Has anybody had one of these mature yet? Mine has disappeared from my accounts screen when I login but the monies haven't appeared in my current account (full day funds not showing). I have sent M+S a question (awaiting reply) - but is this normal?

Yes it's normal. It'll appear in your current account at some point soon and when it does, then you can open a fresh Monthly Saver.