The Top Regular Savers Discussion Thread

Bob2000

Quick question.  I have a first direct  regular saver, which had its last deposit  on the 29th, but was taken on the 30th. Can anybody tell me when it will be matured and interest added?

Bigwheels1111

Bob2000 said:

Quick question.  I have a first direct  regular saver, which had its last deposit  on the 29th, but was taken on the 30th. Can anybody tell me when it will be matured and interest added?

It is hit and miss.

The fastest way is to keep the savings account they opened last year active. If you had a reg saver with them last year.

For me in that situation this year my savings and interest were in the account next day.

As soon as the reg saver vanished I applied for a new one, Took 3/4 day.

If you do not have the old savings account open, 3/5 days is the average wait for your money.

Or call and ask for it today, they will move it and give access.

Bob2000

Bigwheels1111 said:

Bob2000 said:

Quick question.  I have a first direct  regular saver, which had its last deposit  on the 29th, but was taken on the 30th. Can anybody tell me when it will be matured and interest added?

It is hit and miss.

The fastest way is to keep the savings account they opened last year active. If you had a reg saver with them last year.

For me in that situation this year my savings and interest were in the account next day.

As soon as the reg saver vanished I applied for a new one, Took 3/4 day.

If you do not have the old savings account open, 3/5 days is the average wait for your money.

Or call and ask for it today, they will move it and give access.

Ok, thank you for the information.
I opened a saving account  with them in Feb, and it currently  has £1 in it. Would they use that to transfer the RS into?

Dizzycap

Bob2000 said:

Bigwheels1111 said:

Bob2000 said:

Quick question.  I have a first direct  regular saver, which had its last deposit  on the 29th, but was taken on the 30th. Can anybody tell me when it will be matured and interest added?

It is hit and miss.

The fastest way is to keep the savings account they opened last year active. If you had a reg saver with them last year.

For me in that situation this year my savings and interest were in the account next day.

As soon as the reg saver vanished I applied for a new one, Took 3/4 day.

If you do not have the old savings account open, 3/5 days is the average wait for your money.

Or call and ask for it today, they will move it and give access.

Ok, thank you for the information.
I opened a saving account  with them in Feb, and it currently  has £1 in it. Would they use that to transfer the RS into?

Yes, they have done for my maturing RS for the past 2 years.

CricketLady

Sorry, me again - quick question...

I want to "refresh" my santander which has £1200 in it, I thought I had to request closure using the button on Sandi, the online chat (and then open up a new one in a day or so) but when I do this it says "if your account hasn't matured yet, you might miss out on interest" - before I go ahead, it presumably means the interest I would have had if I kept the account until maturity, I will still get interest on the £1200 in there, is this the case?

Thank you so much for being kind if this is a silly question!

OneUser1

Nuggy96 said:

Any updates from people with Vernon building society regular savers? Supposed to mature 30th June and go to easy access account but mines still in regular savers and no interest added..

My Vernon account matured this morning. As in it hadn’t happened at 8:30AM but it’s there now at 11:30AM. 

Bob2000

Dizzycap said:

Bob2000 said:

Bigwheels1111 said:

Bob2000 said:

Quick question.  I have a first direct  regular saver, which had its last deposit  on the 29th, but was taken on the 30th. Can anybody tell me when it will be matured and interest added?

It is hit and miss.

The fastest way is to keep the savings account they opened last year active. If you had a reg saver with them last year.

For me in that situation this year my savings and interest were in the account next day.

As soon as the reg saver vanished I applied for a new one, Took 3/4 day.

If you do not have the old savings account open, 3/5 days is the average wait for your money.

Or call and ask for it today, they will move it and give access.

Ok, thank you for the information.
I opened a saving account  with them in Feb, and it currently  has £1 in it. Would they use that to transfer the RS into?

Yes, they have done for my maturing RS for the past 2 years.

Ok, I'll  keep a eye on it then.
Thanks.

jd84

Skipton Member Regular Saver (Issue 3)

I gather the maximum balance is £3000.
Does anyone know is this enforced?
Will a 13th payment be rejected/returned?

Thanks 

Aidanmc

CricketLady said:

Sorry, me again - quick question...

I want to "refresh" my santander which has £1200 in it, I thought I had to request closure using the button on Sandi, the online chat (and then open up a new one in a day or so) but when I do this it says "if your account hasn't matured yet, you might miss out on interest" - before I go ahead, it presumably means the interest I would have had if I kept the account until maturity, I will still get interest on the £1200 in there, is this the case?

Thank you so much for being kind if this is a silly question!

Yes, you will get the interest up until closure.

It says to reduce the balance to zero first, then request to close.

Already have a Regular Saver?

You’ll need to close your existing account as you can only have one Regular Saver at a time. 
 
To do this, you’ll need to reduce the balance of the account to zero, then contact us to close the account.

It can take up to 2 working days for your account to close. Any accrued interest from your closed account will be moved to your Santander current account from which the standing order was paid. 

Bigwheels1111

Bob2000 said:

Bigwheels1111 said:

Bob2000 said:

Quick question.  I have a first direct  regular saver, which had its last deposit  on the 29th, but was taken on the 30th. Can anybody tell me when it will be matured and interest added?

It is hit and miss.

The fastest way is to keep the savings account they opened last year active. If you had a reg saver with them last year.

For me in that situation this year my savings and interest were in the account next day.

As soon as the reg saver vanished I applied for a new one, Took 3/4 day.

If you do not have the old savings account open, 3/5 days is the average wait for your money.

Or call and ask for it today, they will move it and give access.

Ok, thank you for the information.
I opened a saving account  with them in Feb, and it currently  has £1 in it. Would they use that to transfer the RS into?

No, It is called, Savings account @ 1.35% interest rate.

They open it not you. I just left £0.01p in it last year.