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

Section62

Saffron

Just had an email from Saffron - which initially looked a bit scammy - that included a "Refer a Friend link" I've been invited to send to an eligible friend to eventually get a £15 book token.

Of note, the email clearly states "Your friend must be a new saffron customer to be eligible to open the account. Existing members do not qualify."  (T&C's apply)

[Edit for clarity:  Posted to highlight the (now) clear eligibility requirements for the account, not seeking anyone to refer.]

castle96

Me too. All sounds too complicated for a £15 voucher !

flaneurs_lobster

castle96 said:

Doesn't seem to be there now.........

What doesn't.....

castle96

the 7.5 fix zopa. Not on my PC/Edge

flaneurs_lobster

castle96 said:

the 7.5 fix zopa. Not on my PC/Edge

App only, download from your app store of choice.

GreenScepter

castle96 said:

the 7.5 fix zopa. Not on my PC/Edge

It's part of the "smart saver hub", and you also need a Zopa current account.

I've only now noticed according to one of their articles from a couple of months ago: "not all customers with a Zopa bank account will be given access to a Regular Saver pot." Which is odd, some of my friends and family opened Zopa current accounts over the last few days and they were all able to get the regular saver.

https://www.zopa.com/help/article/how-do-i-open-a-regular-saver-pot

flaneurs_lobster

GreenScepter said:

castle96 said:

the 7.5 fix zopa. Not on my PC/Edge

It's part of the "smart saver hub", and you also need a Zopa current account.

I've only now noticed according to one of their articles from a couple of months ago: "not all customers with a Zopa bank account will be given access to a Regular Saver pot." Which is odd, some of my friends and family opened Zopa current accounts over the last few days and they were all able to get the regular saver.

https://www.zopa.com/help/article/how-do-i-open-a-regular-saver-pot

It was the current account, rather than the RS that hung off it, that could be hard to come by. Was "invite only" for months. Still showing as Beta (whatever that actually means), but as you say there don't appear to be any problems now opening both accounts.

Still rather difficult to find the t&cs for either the CA or the RS on their website.

clairec666

flaneurs_lobster said:

Still rather difficult to find the t&cs for either the CA or the RS on their website.

I've saved my confirmation email, which doesn't have full T&Cs attached but does have a few details:

As a reminder, your rate is 7.5% AER* (7.25% gross**) fixed for 12 months.

A quick recap of your new pot

You can:

• Deposit up to £300 each monthly allowance period. • Withdraw as much of this money as you like, whenever you like. • Withdraw and replace money within the same monthly allowance period. However, no matter how much you withdraw, you can only replace a maximum of £300 each monthly allowance period.

What happens when the 12-month term ends

After 12 months, your Regular Saver pot will automatically become an Access pot, earning the interest rate that’s available on Access pots at that time. We’ll send you an email when this happens. Then, if you still have a Zopa bank account, you’ll be able to open a new Regular Saver pot for another 12-month term.

where_are_we

My £300 Zopa autosave to my RS for June didn`t get taken from my nominated account. When I checked my Zopa app it said next autosave was in July. I just promptly did a manual transfer for June instead. Has this happened to anyone?

surreysaver

where_are_we said:

My £300 Zopa autosave to my RS for June didn`t get taken from my nominated account. When I checked my Zopa app it said next autosave was in July. I just promptly did a manual transfer for June instead. Has this happened to anyone?

Yes. It's happened to a few of us.