Regular Savings Accounts: The Best Currently Available List!

patientperson

liamcov wrote: »

Please note that you cannot open a Regular Saver (Issue 6) if you already have a Regular Saver (Issue 5).

What the....?

Agree with liamcov.

http://www.leedsbuildingsociety.co.uk/savings/regularsaver/regular-saver/

ctdctd

Bah, opened a Leeds RS 6 within online banking - noted the T&C's were still showing issue 5.

Then checked the issue 6 link from the savings page when logged out:-
"Please note that you cannot open a Regular Saver (Issue 6) if you already have a Regular Saver (Issue 5)."

Bah!
If they want to set these petty restrictions, why oh why don't they program their IT systems to enforce them. :mad:

Will wait a few days to see if they close it!

mgarl10024

Perhaps the model will instead be that they do offer loads of accounts (like Virgin) but that you can only have one of all issues (ignoring 3/4) at a time.
In that case, I'm not sure why like other banks/building societies they don't have just 1 regular saver product and simplify the terms to remove the max balances on specific dates.

Leeds do seem to like to make these accounts complicated (the issue 3, 4 and 5 are very different to each other).

colsten

Like ctdctd, I opened the Issue 6, noticing the T&Cs still point to issue 5, and then later seeing that they say on the website you can't have issue 6 if you already have issue 5. So why did their systems allow me to open the issue 6?

I have funded the issue 6, and set up an SO for the remaining months. Might have to un-do that when they have got their act together, let's see.

ctdctd

colsten wrote: »

Like ctdctd, I opened the Issue 6, noticing the T&Cs still point to issue 5, and then later seeing that they say on the website you can't have issue 6 if you already have issue 5. So why did their systems allow me to open the issue 6?

I have funded the issue 6, and set up an SO for the remaining months. Might have to un-do that when they have got their act together, let's see.

They have updated the T&C's now and the restriction is mentioned at the top.

colsten

ctdctd wrote: »

They have updated the T&C's now and the restriction is mentioned at the top.

As you said, BAH. Though I am still waiting and seeing..........

interest_Ted

"The account can only be operated in branch or by post."

Sounds to me like this is actually a branch operated type of issue 5, with a different issue number.

Perhaps issue 7 will come along on 01 Sep for online operation (?) !

Ted

ctdctd

interest_Ted wrote: »

"The account can only be operated in branch or by post."

Sounds to me like this is actually a branch operated type of issue 5, with a different issue number.

Nope, that's exactly the same as issue 5 which could be opened online but had the same clause regarding operation.

Westie983

I will have to fall back to Virgin then, as I have issue 5 (and 4) so I cant open issue 6...

Tell the next one

Westie983

StevieR

Nottingham BS Special Regular Saver Issue 5


2% £250/month, maturity date 19 Nov 2018


(I can't see any mention of this previously)