Regular Savings Accounts: The Best Currently Available List!

Kernel_Sanders

badger09 wrote: »

BoS requires you to have a BoS current account in order to qualify for the RS. Halifax doesn't, presumably because it is a fixed term account:cool:

But so is the BoS, Shirley?

badger09

Kernel_Sanders wrote: »

But so is the BoS, Shirley?

Er no. The BoS Monthly Saver is instant access.

And don't call me............

buyhighselllow

Opened one of these last week to follow on from the one that matures next February. Transferred money in, just set up SO to drip feed in..
.Anyway had a letter acknowledging the account, money paid in etc but Virgin asking for proof of ID to be sent " so that you can use ALL the features of the new account" ???

I really can't be arsked to send this bumf off if it's not necessary..I already have an account with them so WHAT features of the account will I missing out on exactly ???

EachPenny

buyhighselllow wrote: »

I really can't be arsked to send this bumf off if it's not necessary..I already have an account with them so WHAT features of the account will I missing out on exactly ???

If you already have an account and they allowed you to set up a new one, then the only likely need for ID is so you'll be able to withdraw money. Which is an entirely optional feature, so don't feel obliged.

Best thing is to call then and find out - might be some crossed wires which need uncrossing.

buyhighselllow

EachPenny wrote: »

If you already have an account and they allowed you to set up a new one, then the only likely need for ID is so you'll be able to withdraw money. Which is an entirely optional feature, so don't feel obliged.

Best thing is to call then and find out - might be some crossed wires which need uncrossing.

Well, I guess we will find out when the other one matures how easily money can be withdrawn..If they are allowing me to pay in by standing order from my current account, I cannot see why they need anything else to allow me to withdraw when it matures.

nomorekids

Anyone had any success closing a Leeds issue to take advantage of a better one.


I've made one payment only into Leeds Issue 7 fixed 2.25% and now want to take advantage of their issue 9 at 2.55%

buyhighselllow

Are not the majority of these regular savers a waste of time paying under 3 %... if you are not maxed out with Santander ?

BeachNut

Leeds confirmed to me today that RS Issue 5 can be closed and a new Issue 9 opened once that has been done. To close, you need to write to them and specify you want the money paid to you by cheque or bank transfer. Apparently there is a £20 charge for bank transfer !:(

[Deleted User]

nomorekids wrote: »

Anyone had any success closing a Leeds issue to take advantage of a better one.


I've made one payment only into Leeds Issue 7 fixed 2.25% and now want to take advantage of their issue 9 at 2.55%

Small point, but I think Issue 7 is 2.3% fixed, not 2.25%.

xylophone

Are not the majority of these regular savers a waste of time paying under 3 %... if you are not maxed out with Santander ?

If you mean the 123 current account, then the maximum you'll get on your £20,000 is 1.5%.

https://www.santander.co.uk/uk/index