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

surreysaver

mon3ysav3r said:

surreysaver said:

Might be worth checking your 2025 Christmas Regular Saver if you've got one.

Can confirm I have 33 pounds interest now showing in the YBS 2025 Christmas RS total, I have only paid in 10 lots of 150 pounds

Can't remember how much I paid in, but I withdrew it all except £1 when the interest rate went down to less than 5% and have had £10.38 interest added

Kim_13

chris_the_bee said:

Kim_13 said:

ChewyyBacca said:

chris_the_bee said:

Hanley Economic
Their website states max 2 withdrawals per tax year, but 1 year Online Smart Saver (TAR10) T's&C's sheet sent with welcome letter states max 2 per Society year. CS have confirmed the website is correct and T's&C's sheet will be corrected.

What is Hanley's Society year? Calendar year or something unique?

1st September to 31st August (on which they pay out interest mid term.)

As the website said 2 per tax year, they would have had to make the change as that is more favourable to the consumer (4 withdrawals over the account term if timed right rather than 2.)

Are you saying the website is incorrect as CS confirmed it is 2 off withdrawals per tax year.

4 withdrawals over the account term, 2 between now and 5 April and 2 between 6 April and maturity. This is the implication of what the CS confirmed.

Kim_13

chris_the_bee said:

Kim_13 said:

chris_the_bee said:

Kim_13 said:

ChewyyBacca said:

chris_the_bee said:

Hanley Economic
Their website states max 2 withdrawals per tax year, but 1 year Online Smart Saver (TAR10) T's&C's sheet sent with welcome letter states max 2 per Society year. CS have confirmed the website is correct and T's&C's sheet will be corrected.

What is Hanley's Society year? Calendar year or something unique?

1st September to 31st August (on which they pay out interest mid term.)

As the website said 2 per tax year, they would have had to make the change as that is more favourable to the consumer (4 withdrawals over the account term if timed right rather than 2.)

Are you saying the website is incorrect as CS confirmed it is 2 off withdrawals per tax year.

4 withdrawals over the account term, 2 between now and 5 April and 2 between 6 April and maturity. This is the implication of what the CS confirmed.

Correct, however, conditional bonus would be lost for both calendar years. Why would anyone do that to end up with a 1% interest rate? Weird account terms.

I thought this was Hanley Economic. Not aware of them having a strange bonus element to the rate, Hanley simply charge an interest penalty on the amount withdrawn if the withdrawals allowed are exceeded.

chris_the_bee

Kim_13 said:

chris_the_bee said:

Kim_13 said:

chris_the_bee said:

Kim_13 said:

ChewyyBacca said:

chris_the_bee said:

Hanley Economic
Their website states max 2 withdrawals per tax year, but 1 year Online Smart Saver (TAR10) T's&C's sheet sent with welcome letter states max 2 per Society year. CS have confirmed the website is correct and T's&C's sheet will be corrected.

What is Hanley's Society year? Calendar year or something unique?

1st September to 31st August (on which they pay out interest mid term.)

As the website said 2 per tax year, they would have had to make the change as that is more favourable to the consumer (4 withdrawals over the account term if timed right rather than 2.)

Are you saying the website is incorrect as CS confirmed it is 2 off withdrawals per tax year.

4 withdrawals over the account term, 2 between now and 5 April and 2 between 6 April and maturity. This is the implication of what the CS confirmed.

Correct, however, conditional bonus would be lost for both calendar years. Why would anyone do that to end up with a 1% interest rate? Weird account terms.

I thought this was Hanley Economic. Not aware of them having a strange bonus element to the rate, Hanley simply charge an interest penalty on the amount withdrawn if the withdrawals allowed are exceeded.

Sorry, I was getting confused with Beverley BS regarding the strange bonus element to the rate, so ignore my previous post now deleted.

Speculator

Opened my Hanley regular on 21/10 and deposited £300 by FP at 4.30pm same day.

Received both my welcome pack and ID today. Logged in and £300 showing as credited on 22/10.

Bob2000

SCOTTISH BUILDING SOCIETY  ONLINE REGULAR SAVER. 

I spoke earlier today to a member of staff over the phone (11.46am) and asked them if they're launching the online version of their postal/branch Regular Saver.
I was told there are no plans at the moment to do so.

Bridlington1

Bob2000 said:

SCOTTISH BUILDING SOCIETY  ONLINE REGULAR SAVER. 

I spoke earlier today to a member of staff over the phone (11.46am) and asked them if they're launching the online version of their postal/branch Regular Saver.
I was told there are no plans at the moment to do so.

And now there's the scramble to try to get an account opened by post and initial deposit received before the end of the month. I suspect this is is going to be rather tight.

For those who were holding out for the online version to be launched please accept my apologies for the misinformation. It seems my sources are growing unreliable of late.

clairec666

Principality - for anyone who's interested, a Christmas Regular Saver 2026 is being offered as a maturity option for my Regular Saver Issue 3.

And for reference, I opted for the 6 Month Issue 4 instead, despite already having... er... one or two. Option 4, money to external account, no secure message generated. Green trim only.

dibbles212

Bob2000 said:

SCOTTISH BUILDING SOCIETY  ONLINE REGULAR SAVER. 

I spoke earlier today to a member of staff over the phone (11.46am) and asked them if they're launching the online version of their postal/branch Regular Saver.
I was told there are no plans at the moment to do so.

Thank you. For the postal application, how exactly do you fill in the cheque? I've never written a cheque in my life 😁

kermchem

dibbles212 said:

Bob2000 said:

SCOTTISH BUILDING SOCIETY  ONLINE REGULAR SAVER. 

I spoke earlier today to a member of staff over the phone (11.46am) and asked them if they're launching the online version of their postal/branch Regular Saver.
I was told there are no plans at the moment to do so.

Thank you. For the postal application, how exactly do you fill in the cheque? I've never written a cheque in my life 😁

Make it payable to “Scottish Building Society a/c dibbles212” replacing with your real name, date, sign and make sure amount in words and figures match. My cheque was written on the same account as the account I wanted withdrawals made to. Photograph of front of driving licence.