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The Top Regular Savers Discussion Thread
Comments
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Maturity funds are paid by FP next working day, whereas mid term withdrawals and/or closure are paid by cheque.
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I kept Super Saver running until maturity and the only withdrawal option was cheque.
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Strange, my 1 Year Fixed Rate Monthly Saver Issue 2 matured 17/12/2025 and was paid by bank transfer.
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I'm not sure how it works with Loughborough. Looks like it is different for different accounts? Strange, because they are all standard passbook accounts.
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I have had a bit of a strange one with my first direct RS this time around. It matured on Friday and I applied as normal that day (once it disappeared).
Yesterday I had the £300 payment taken from my first direct current account and today its appeared in the ordinary savings account, guess I need to apply again…
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Most people agree that there's an amount of manual processing involved with the maturity/renewal of FD's regular saver - looks like this time they've done a whoopsy.
Give them a ring - they are usually pretty on the ball with this stuff. There's online chat too if you'd prefer.
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apologies if this has been mentioned previously, but just received my maturity email from Saffron - for those expecting an imminent release of a replacement account, it may be some while away.
Members’ Month is taking place in September this year. Look out for some exciting new products and events to celebrate!
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the maturity manager option appears when you click on the Loyalty Saver account when logged in…
the default option is that it matures to an easy access account, but clicking that maturity link gives you options to either a) withdraw to nominated account, b) transfer balance to another existing Saffron account or open a new account (the only option appears to be the Small Saver)… or a combination of the three (e.g split balance between different options).
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Always find these maturity statements a bit anticlimactic - 8% APR sounds so much better than £24.18.
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if it helps you, even slightly, the final maturity interest amount will be £26.02 🤑
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