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The Old Regular Savers Discussion Thread 28/12/24-29/1/26

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Comments

  • thefrank
    thefrank Posts: 287 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    Section62 said:
    Thank you to those who spend 1 second of their lives to write down the subject of their posts (the name of the building society they are talking about). Too many posts  make very little sense and are difficult to understand. It doesn't take a lot of effort to help keeping the forum tidy and readable for everybody
    Thank you to everybody who contributes to this thread. :)

    I'd rather spend a few seconds of my own time working out which account a poster is talking about, rather than be in a situation where they don't post what may be very useful information because they are fed up with the nitpicking by folks who seem to have plenty of time to complain about what is and isn't posted on this thread.

    It is the helpful information which is important here, not how tidy it is.
    I think your comment says it all regarding the author. I wish you all the best and thank you for your very kind replay. You are a gem of this forum without any doubt
  • mhoc
    mhoc Posts: 19,398 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    mhoc said:
    Regarding Saffron I left a secure message on the website yesterday and they have accepted maturity instructions by this route - £500 into a new regular saver and the residue back to my linked account. 
    They also said that the account number will remain the same so you dont and to cancel your standing order, just alter the final dates. 
    Saffron 12 month  @ 4.75%?
    Yes, not the best but better than nothing as you can add £500 per month. 
    “Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, --will invite you to add something to the pleasure of others, --or to diminish something of their pains.”
  • allegro120
    allegro120 Posts: 2,632 Forumite
    1,000 Posts Third Anniversary Name Dropper
    mhoc said:
    Regarding Saffron I left a secure message on the website yesterday and they have accepted maturity instructions by this route - £500 into a new regular saver and the residue back to my linked account. 
    They also said that the account number will remain the same so you dont and to cancel your standing order, just alter the final dates. 
    Saffron Small Saver
    Thanks, did likewise and received confirmation within half-an-hour. Great service even at 4.75% interest.
    Saffron Small Saver is showing 5% https://www.saffronbs.co.uk/savings/regular-savings-accounts/small-saver
  • Bridlington1
    Bridlington1 Posts: 4,811 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 19 February 2025 at 8:37PM
    State Bank of India Regular Saver Account at 5% NLA, replaced by Issue 2 at 4.5%. This appears to have occurred on 14/2/25 so the first page of this thread has been updated to reflect this.
  • Kim_13
    Kim_13 Posts: 4,352 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 19 February 2025 at 11:44PM
    Loughborough 

    I received an email (not on the secure messaging platform for some reason) advising that they had received my opening deposit and correctly quoting the amount of that deposit. The email was from the address the application was emailed to. It said that only one payment per month was allowed, but that they would make an exception this month if the payment was a test payment.

    I wasn’t aware of 1 payment per month being a maximum, only that a payment was required each month. I don’t know if it’s a restriction they have put in because I said on the application form that I would use the account monthly, but it would be a first if they have.
  • Aidanmc
    Aidanmc Posts: 1,516 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 20 February 2025 at 12:13AM
    Kim_13 said:
    Loughborough 

    I received an email (not on the secure messaging platform for some reason) advising that they had received my opening deposit and correctly quoting the amount of that deposit. The email was from the address the application was emailed to. It said that only one payment per month was allowed, but that they would make an exception this month if the payment was a test payment.

    I wasn’t aware of 1 payment per month being a maximum, only that a payment was required each month. I don’t know if it’s a restriction they have put in because I said on the application form that I would use the account monthly, but it would be a first if they have.

    Hmm, just looked at the Fixed monthly saver 5.05% that i opened recently, it does state in Key Features 'one deposit per calender month'. Never noticed this until you mentioned it.  I also made a small initial deposit and was going to top it up before end of month.
    Guessing the Holiday monthly saver was the same,
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