Regular Savings Accounts: The Best Currently Available List!

stoozie1

Thanks, I'll use that formula. Sorry for my Christmas-addled brain!

Speculator

Just opened a BOS monthly saver and transferred £250 from my BOS vantage account. Only problem is the £250 credit is dated 2nd Jan on my monthly saver although it says "Speculator 30DEC17" in the description.

Can anyone confirm it would be okay to make another deposit on the 2nd Jan?

greenglide

The BOS monthly saver requires the payment to be made on or before 25th of the month to count as "this month".

If your was after 25th it is counted as a January payment and you cannot make another.

studentsaver_88

How do you get 3% the website only is offering me 1%

Speculator

greenglide wrote: »

The BOS monthly saver requires the payment to be made on or before 25th of the month to count as "this month".

If your was after 25th it is counted as a January payment and you cannot make another.

Thanks.

I was told the exact opposite by BOS helpline yesterday. She insisted I could make a payment in January so I asked her for written confirmation but she refused.

Since you are allowed to miss payments, I will ignore the advice from their helpline and make my next payment in February to be safe.

YorkshireBoy

Speculator wrote: »

Thanks.

I was told the exact opposite by BOS helpline yesterday. She insisted I could make a payment in January so I asked her for written confirmation but she refused.

Since you are allowed to miss payments, I will ignore the advice from their helpline and make my next payment in February to be safe.

I'd make one in January, for 3 reasons:

1. The T&Cs don't mention a penalty for double funding.
2. It's the standing order that must reach the account by the 25th of the month, not the initial transfer.
3. The BOS helpline CSA seems to agree about point 2, and you made a note of the date/time/name.

eskbanker

studentsaver_88 wrote: »

How do you get 3% the website only is offering me 1%

As mentioned in post #6863 further up the page, it'll help if you make it clear exactly which post you're replying to, as it really isn't obvious (to me at least) which of the many thousands of posts (or which 3% account or bank/website) you're referring to....

studentsaver_88

eskbanker wrote: »

As mentioned in post #6863 further up the page, it'll help if you make it clear exactly which post you're replying to, as it really isn't obvious (to me at least) which of the many thousands of posts (or which 3% account or bank/website) you're referring to....

My apologies for not doing that. I was talking about chip, however have since found the link.

Speculator

YorkshireBoy wrote: »

I'd make one in January, for 3 reasons:

1. The T&Cs don't mention a penalty for double funding.
2. It's the standing order that must reach the account by the 25th of the month, not the initial transfer.
3. The BOS helpline CSA seems to agree about point 2, and you made a note of the date/time/name.

Thanks. I called them again and he confirmed that I am allowed to make a payment in January.

He also confirmed your point 2 is correct. Standing orders need to reach the account before the 25th, but this does not apply to the intial transfer.

Speculator

Just opened the Halifax Regular Saver and called again to make sure it would be okay to have both BOS and Halifax Reg at the same time. Also asked her if a Jan payment would be okay. She went off to speak with her supervisor and confirmed it was definitely fine to make a Jan payment.