Regular Savings Accounts: The Best Currently Available List!

YorkshireBoy

Father_Christmas wrote: »

Anybody know if I can set up a standing order from a Santander cash E-isa (0.75%) to this regular saver? Or would I have to withdraw to current account and then to the regular saved via SO. ?

From the Key Facts Document...

You can save up to a maximum of £200 each month for 12 months by standing order from your Santander current account.

You couldn't set up a SO from your ISA to anywhere could you? SOs are generally only allowed from current accounts, not savings accounts.

grumbler

Well, even their 'everyday savers' don't allow setting either SO or regular transfers.

mgarl10024

My Santander regular saver has matured/changed to an everyday saver, but like others on here it is missing the interest. How long does Santander usually take to correct this, and does it normally require customer intervention? I guess I'm now free to apply for a regular saver as I no longer have one?

ctdctd

mgarl10024 wrote: »

My Santander regular saver has matured/changed to an everyday saver, but like others on here it is missing the interest. How long does Santander usually take to correct this, and does it normally require customer intervention? I guess I'm now free to apply for a regular saver as I no longer have one?

Interest should automatically turn up the day after it becomes an everyday saver.
You should be able to apply for a new one on-line now.

HTH

fabsaver

soulsaver wrote: »

Useful info for Santander Reg eSaver Issue2 ers:

I have Reg eSaver Issue 2. Unfortunately it will continue to pay 3% variable (for select or 123 World customers or 2.5% for others)

BUT... Santander CS have just confirmed they will allow me to close the Iss2 immediately, and will pay the due interest up to the date of closure and transfer it to my current ac(choice).

Then "... you should allow couple of working days to close, calc the interest etc. and when the RS2 disappears from the on-line ac list, you can open Iss 5 at the 5% fixed".


How good is that? Well done Santander! :T

How did you get them to agree to pay the interest? I have an issue 2 account, but have been told that if I close the account I will lose all of the interest to date

Stompa

10_66 wrote: »

You can also close by sending them a secure message.

Just make sure you tell them where you want any residual interest to be paid.

Nationwide8

I have 5% on my esaver Issue 4 :j

....and 1p interest in Issue 4 and a cheque for 36p interest from my issue 3

soulsaver

fabsaver wrote: »

How did you get them to agree to pay the interest? I have an issue 2 account, but have been told that if I close the account I will lose all of the interest to date

I didn't 'get them to..', she just told me that's what would happen.

AFAIK wasn't a personal favour for me, she appeared to be consulting/reading from an internal CS bulletin.

Maybe your CS rep is just quoting the standard rule & hasn't checked the latest?

I'll report back Tomorrow/Friday & confirm the result.

Edit: Just checked, they have already closed it, and paid the contents plus interest into my chosen Santander account.And delisted it. I'm off to open the Iss5...

BeachNut

No deduction of interest for me either. I sent secure mesage to close issue 2 and next day it had disappeared from my list of accs and I was able to open an issue 5 online.

mgarl10024

ctdctd wrote: »

Interest should automatically turn up the day after it becomes an everyday saver.
You should be able to apply for a new one on-line now.

HTH

Phoned up last night and confirmed. Was told it can take 2 working days for the interest to be applied, but in the meantime that I was able to open a new regular saver. Applied with no issues and the account was opened instantly.

My new saver was opened up on the 5th, and so the month operates from the 5th->4th, and all payments had to be by Standing Order. This meant that I could either set up a SO for the 6th each month (and lose a day's interest each time) or could set one up for the 6th, observe it run on the 6th (the next day), and then amend it back to the 5th ready for the second month. However, the advisor said that the easiest way was to set one up for the 5th for 11 payments starting from the second month and request that they put through a manual first payment, which would be allowed under the terms, and would be different from me putting through a first payment which could breach the terms.
I remember a lot of confusion about this last year. Seems a shame that Santander insist on an online app (ok) but then you still have to phone up to get that first payment in on the day of application.