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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • RG2015
    RG2015 Posts: 6,233 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 1 June 2024 at 11:54AM
    RG2015 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.
    re:Skipton RS

    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.
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    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.
    The one that still isn't on their website?, hmm
    Saffron BS Members Month Loyalty Saver at 8% now live:
    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..."
  • soulsaver
    soulsaver Posts: 7,076 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 1 June 2024 at 11:41AM
    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.
    The one that still isn't on their website?, hmm
    Saffron BS Members Month Loyalty Saver at 8% now live:
    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.
    Cut off date showed June 2022 in my application.
    ETA: No prob for me, been a member before that. Note also, my account hasn't opened immediately.
  • saverkev
    saverkev Posts: 129 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    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 accepted
  • SJMALBA
    SJMALBA Posts: 1,225 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    soulsaver 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.
    The one that still isn't on their website?, hmm
    Saffron BS Members Month Loyalty Saver at 8% now live:
    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.
    Cut off date showed June 2022 in my application.
    ETA: No prob for me, been a member before that. Note also, my account hasn't opened immediately.
    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.
  • Bridlington1
    Bridlington1 Posts: 4,853 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 1 June 2024 at 1:04PM
    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.
  • wmb194
    wmb194 Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 1 June 2024 at 1:59PM
    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.
    The one that still isn't on their website?, hmm


    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 service 
    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.
  • WillPS
    WillPS Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    wmb194 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.
    The one that still isn't on their website?, hmm


    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 service 
    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.
    Not sure I see the hardship, surely you could just open a new Members Month now? 
This discussion has been closed.
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