Help to Save scheme closing in August 2024?

Bea63

Joined the scheme and paid the max 50 each month..my 4th year of saving ends 27 July..but still got the reminder to pay in this month today...however after logging in, screen says I cannot but i can again in August..Am totally confused..anyone else experienced this?

ngr49er

Mine ended 30th April this year. Got the same info that I could pay in again in May, but it is a glitch.The account was closed automatically on 1st May, so you won't get the chance to deposit after the end date. Got the £600 interest payment 9th May. Also incase you don't know, once you have paid in the full £2400, you can withdraw all of it before the end date. Then put it in another savings account to get an extra few weeks interest and still get paid £600. This only works if you withdraw the £2400 and DO NOT close the account. It will close automatically after the end date.

Bea63

Hi Again Have just checked my help to save account which now says was closed on 30 June ...however the balance on account says 0 but I haven't received any monies into the nominated account...so my ? where is this money sitting now?

jameseonline

I imagine its still being processed and should be with you soon

Bea63

Hi, thank you - checked today and it was in account under a HTS code reference which I've never heard of..😊