Regular Savings Accounts: The Best Currently Available List!

glider3560

fonesaver wrote: »

Also asked a rather strange question did I pay tax abroad as well as UK.

This is basically down to a law (The Foreign Account Tax Compliance Act) invented by the American government, which they've attempted to impose on the whole world.

See https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act#International_implementation for more details.

xylophone

I phoned a couple of days ago, hung on for five minutes, and then it took around twenty minutes.

The call centre operator told me the account was set up and to go on line to make my first deposit from my Santander account and to set up my standing order.

I did this immediately I finished the call - no problems.

Speculator

ctdctd wrote: »

None here - they originally said they would contact with options 14 days before maturity so I expect an envelope to hit the doorstep before the weekend.

Emailed Chorley and here's their response.



Thank you for your recent e-mail. We will write out to you regarding your Sunshine Saver before Maturity enclosing instructions.

Frogletina

Just opened the Santander regular saver - the advisor set up the standing order while I was online.

Took 16mins 55secs. I'm happy with that.

ColdIron

5 minutes to get through and 9 to open including the SO, can't complain about that

Steve_xx

Speculator wrote: »

Emailed Chorley and here's their response.



Thank you for your recent e-mail. We will write out to you regarding your Sunshine Saver before Maturity enclosing instructions.

Right then. The letter has arrived and there's nowt special contained therein. It simply states that the Sunshine Saver is about to mature and when it does the funds from it, including any accrued interest will transfer into an easy access Chorleian account; account number will remain the same.

The letter then goes on to detail that you can choose any of their current offerings etc etc. But there is no special offer to take advantage of.

So, my advice would be to leave a £1 or so in the Chorleian account; thereby possibly giving you a foothold if they offer anything in the future that might exclude non-locals.

There is a 2% regular saver on offer with Chorleian. I guess that's not too bad these days!

badger09

Steve_xx wrote: »

Right then. The letter has arrived and there's nowt special contained therein. It simply states that the Sunshine Saver is about to mature and when it does the funds from it, including any accrued interest will transfer into an easy access Chorleian account; account number will remain the same.

The letter then goes on to detail that you can choose any of their current offerings etc etc. But there is no special offer to take advantage of.

So, my advice would be to leave a £1 or so in the Chorleian account; thereby possibly giving you a foothold if they offer anything in the future that might exclude non-locals.

There is a 2% regular saver on offer with Chorleian. I guess that's not too bad these days!

Got my letter too.

Leaving £1 or so in isn't a bad idea, though I usually prefer to close savings accounts once they've served their purpose, otherwise my spreadsheet would run to dozens of pages:o

I was hoping there would be an option for a direct bank transfer, but a cheque will be novelty:rotfl:

Speculator

Got my letter too.

Maturity date is 2nd April so the earliest we will get the cheque is 4th/5th/6th April.

nearlyretired2004

ALLEGEDLY (according to Santander rep on phone when I set up my reg saver ...) they will be offering online applications....just that its a new product.

However, I dont believe it was an overnight decision for them to suddenly offer this a/c .... so if they intend to offer online application not sure why it wasn't ready for the launch .....

badger09

nearlyretired2004 wrote: »

ALLEGEDLY (according to Santander rep on phone when I set up my reg saver ...) they will be offering online applications....just that its a new product.

However, I dont believe it was an overnight decision for them to suddenly offer this a/c .... so if they intend to offer online application not sure why it wasn't ready for the launch .....

Wonder if that's why online banking down this morning:cool: