The Top Regular Savers Discussion Thread

Bridlington1

schiff said:

Bridlington1 said:

jaypers said:

Happy Regular Saver Transfer Day everyone 

Or part 1 in my case given that today is a non-working day so I'll only be paying into about 2 dozen today, most of the rest'll get paid into on Monday due to the way they treat payments received on non-working days for interest purposes.

I've been paying my monthly deposits to the two Lloyds RSs and the Halifax and Bank of Scotland RSs on the first of the month, weekend or not. Never thought of checking as the deposits were accepted automatically on the weekend days. All credited I now see on the FWDOTM. Have I been wasting my time?  

LBG calculate deposits received on non-working days as having been received the same day for interest purposes so you'll be fine in that case. 

For future reference though I do state on each of the listings how the regular savers treat payments received on non-working days for interest purposes.

sheffieldeagle

Are we allowed a 7th payment into the Principality BS 6 month regular saver?

Cheers

Sorry just found it the computer says no.

Bridlington1

sheffieldeagle said:

Are we allowed a 7th payment into the Principality BS 6 month regular saver?

Cheers

Sorry just found it the computer says no.

Maximum balance is £1.2k so I'm afraid if you've made 6 payments of £200 already you can't get a 7th in.

sheffieldeagle

Bridlington1 said:

sheffieldeagle said:

Are we allowed a 7th payment into the Principality BS 6 month regular saver?

Cheers

Sorry just found it the computer says no.

Maximum balance is £1.2k so I'm afraid if you've made 6 payments of £200 already you can't get a 7th in.

Forgot to cancel DD and couldn't remember if I had not cancelled it for a reason.

Cheers

fistfulofsteel

Can I keep my Skipton member regular saver open if I close the other savings account I have with Skipton? Is the condition to have another product with them just for opening the account or is it ongoing?

allegro120

fistfulofsteel said:

Can I keep my Skipton member regular saver open if I close the other savings account I have with Skipton? Is the condition to have another product with them just for opening the account or is it ongoing?

Yes, you can.  The membership condition is for opening only.

WillPS

fistfulofsteel said:

Can I keep my Skipton member regular saver open if I close the other savings account I have with Skipton? Is the condition to have another product with them just for opening the account or is it ongoing?

I don't imagine they'd close the account but why risk it? Just keep the qualifying account open indefinitely; then if in future a longer period of membership is required you'll be covered.

fistfulofsteel

WillPS said:

fistfulofsteel said:

Can I keep my Skipton member regular saver open if I close the other savings account I have with Skipton? Is the condition to have another product with them just for opening the account or is it ongoing?

I don't imagine they'd close the account but why risk it? Just keep the qualifying account open indefinitely; then if in future a longer period of membership is required you'll be covered.

My other Skipton account is a cash ISA which is earning an awful rate and doesn't allow partial transfers.

WillPS

fistfulofsteel said:

WillPS said:

fistfulofsteel said:

Can I keep my Skipton member regular saver open if I close the other savings account I have with Skipton? Is the condition to have another product with them just for opening the account or is it ongoing?

I don't imagine they'd close the account but why risk it? Just keep the qualifying account open indefinitely; then if in future a longer period of membership is required you'll be covered.

My other Skipton account is a cash ISA which is earning an awful rate and doesn't allow partial transfers.

Have a chat with Skipton in that case. Or risk it, but in either case get another easy access open with £1 to ensure future eligibility.

Bridlington1

I attempted to make a withdrawal of £3450 from my Monmouthshire BS Exclusive RS Issue 2 which would've taken the balance down to £50 and received this message in response:

Dear Bridlington1
Thank you for your on-line transaction request. Unfortunately, this transaction has been declined for the following reason: Under the terms and conditions of the Exclusive Regular Saver Issue 2 no withdrawals are allowed for the 12 month term.
Kind regards

I've sent them a message in response quoting the Ts&Cs in relation to being able to withdraw funds or close the account if they decide to reduce the interest rate so shall see what they say in response.