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Comments
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Saffron BS Members Month Loyalty Saver at 8% now live:jameseonline said:
The one that still isn't on their website?, hmmSpeculator said:Interest of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.
Hopefully, they will open my new 8% Members Month Loyalty Saver later today.
https://www.saffronbs.co.uk/savings/regular-savings-accounts/members-month-loyalty-saver
In addition it's worth noting the eligibility cut off date is now 1st June 2023, rather than 1st June 2022 as was stated in one of my earlier posts so it seems I was given incorrect information, all other details seem to be correct though. I'll find the offending post and amend it for accuracy shortly, apologies for the misinformation.13 -
re:Skipton RSBigwheels1111 said:RG2015 said:bristolleedsfan said:I recall some months ago it was not possible to transfer between Skipton accounts on a Saturday.This appears to be correct.My RS matured yesterday but the funds were only visible today in another Skipton account. I have just opened a new RS with funds from that account. I chose today for the transfer but the next screen said “We can only complete transactions on working days, we will process your request on 03 June 2024.”Make a manual payment today, I did 50 mins ago.From another bank.
Thanks, this worked.
It’s crazy that an external deposit at the weekend is accepted but an internal transfer has to wait for the next working day.2 -
Bridlington1 said:
Saffron BS Members Month Loyalty Saver at 8% now live:jameseonline said:
The one that still isn't on their website?, hmmSpeculator said:Interest of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.
Hopefully, they will open my new 8% Members Month Loyalty Saver later today.
https://www.saffronbs.co.uk/savings/regular-savings-accounts/members-month-loyalty-saver
In addition it's worth noting the eligibility cut off date is now 1st June 2023, rather than 1st June 2022 as was stated in one of my earlier posts so it seems I was given incorrect information, all other details seem to be correct though. I'll find the offending post and amend it for accuracy shortly, apologies for the misinformation.
Great service from Saffron, as requested and following your lead, my 9% saver was turned into the 8% saver Today with £50 and the rest in my current account, on a Saturday!
Retired 1st July 2021.
This is not investment advice.
Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."3 -
Cut off date showed June 2022 in my application.Bridlington1 said:
Saffron BS Members Month Loyalty Saver at 8% now live:jameseonline said:
The one that still isn't on their website?, hmmSpeculator said:Interest of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.
Hopefully, they will open my new 8% Members Month Loyalty Saver later today.
https://www.saffronbs.co.uk/savings/regular-savings-accounts/members-month-loyalty-saver
In addition it's worth noting the eligibility cut off date is now 1st June 2023, rather than 1st June 2022 as was stated in one of my earlier posts so it seems I was given incorrect information, all other details seem to be correct though. I'll find the offending post and amend it for accuracy shortly, apologies for the misinformation.
ETA: No prob for me, been a member before that. Note also, my account hasn't opened immediately.0 -
my Saffron Loyalty Regular Saver matures tomorrow - have just given maturity instructions via the app to transfer £50 to new 8% Regular Saver and balance to nominated account - all accepted1
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Just for information, Skipton state the following on my regular saver:RG2015 said:
re:Skipton RSBigwheels1111 said:RG2015 said:bristolleedsfan said:I recall some months ago it was not possible to transfer between Skipton accounts on a Saturday.This appears to be correct.My RS matured yesterday but the funds were only visible today in another Skipton account. I have just opened a new RS with funds from that account. I chose today for the transfer but the next screen said “We can only complete transactions on working days, we will process your request on 03 June 2024.”Make a manual payment today, I did 50 mins ago.From another bank.
Thanks, this worked.
It’s crazy that an external deposit at the weekend is accepted but an internal transfer has to wait for the next working day.
"Please note payment transactions made to this account on a non-working day will start earning interest from the next working day."
Hence I will be losing 2 days interest on £250 in my feeder account (VM 4.76%).
£250 x 4.76% x 2 / 365 = £0.076 -
I opened my first Saffron BS account on the 1st of June 23 (due to recommendation on the forum to do so, for possible future loyalty products); the Members' Month Loyalty Saver was showing when I logged in this morning, and account now opened successfully.soulsaver said:
Cut off date showed June 2022 in my application.Bridlington1 said:
Saffron BS Members Month Loyalty Saver at 8% now live:jameseonline said:
The one that still isn't on their website?, hmmSpeculator said:Interest of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.
Hopefully, they will open my new 8% Members Month Loyalty Saver later today.
https://www.saffronbs.co.uk/savings/regular-savings-accounts/members-month-loyalty-saver
In addition it's worth noting the eligibility cut off date is now 1st June 2023, rather than 1st June 2022 as was stated in one of my earlier posts so it seems I was given incorrect information, all other details seem to be correct though. I'll find the offending post and amend it for accuracy shortly, apologies for the misinformation.
ETA: No prob for me, been a member before that. Note also, my account hasn't opened immediately.3 -
Regarding the 8% Saffron RS:
I asked them to convert my maturing 9% RS into a new 8% RS over the phone a while back, this hasn't been done yet. For those who are in this position don't try applying for a new one now.
I've just spoken to them after a rather lengthy hold (for Saffron BS anyway) and they've said the reason for the delay was because they're having to process each of the maturity instructions manually and there's rather a lot of them, applying for a new account now will only increase their workload and thus cause further delays.
With regards to the cut off date the application form is saying this:
whereas the website is saying this:
[...]
They have confirmed that the application form is incorrectly showing the cut off date for last year's RS and that the main page of their website is indeed showing the correct cut off date of 1st June 2023.4 -
I think it's really poor that this new 8% account wasn't an option last week in the 'maturity manager' (MM) and we have to resort to sending messages. Plenty of people with maturing accounts who don't follow these threads wouldn't have been aware of this and taken the relatively poor 5.75% option shown in the MM.simonsmithsays said:jameseonline said:
The one that still isn't on their website?, hmmSpeculator said:Interest of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.
Hopefully, they will open my new 8% Members Month Loyalty Saver later today.
A little patience required
Saffron are fantastic
100% confident that they'll follow the manual instructions and be a new account showing on the app funded with £50 by, at the latest, COP Monday backdated to today
Edit - I've now received an email saying the balance (+ interest - £50) is winging its way to my nominated account
And now £50 is showing in a 8% account with the same account number and sort code as previously.
Brilliant service0 -
Not sure I see the hardship, surely you could just open a new Members Month now?wmb194 said:
I think it's really poor that this new 8% account wasn't an option last week in the 'maturity manager' (MM) and we have to resort to sending messages. Plenty of people with maturing accounts who don't follow these threads wouldn't have been aware of this and taken the relatively poor 5.75% option shown in the MM.simonsmithsays said:jameseonline said:
The one that still isn't on their website?, hmmSpeculator said:Interest of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.
Hopefully, they will open my new 8% Members Month Loyalty Saver later today.
A little patience required
Saffron are fantastic
100% confident that they'll follow the manual instructions and be a new account showing on the app funded with £50 by, at the latest, COP Monday backdated to today
Edit - I've now received an email saying the balance (+ interest - £50) is winging its way to my nominated account
And now £50 is showing in a 8% account with the same account number and sort code as previously.
Brilliant service3
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