The Top Regular Savers Discussion Thread

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82041692#Comment_82041692

There was no account related t&c PDF available to download. I just copied the product information from the page and pasted into my spreadsheet. I redacted it leaving only the information relevant to me:

Account Anniversary is the date one year from the first deposit into your account. You can open the account with an initial investment of between £10 and £250 and save up to £3,000. The first payment into your account must come from your nominated account. The maximum you can deposit each month is £250, in one or more payments. You don’t have to make a deposit every month, and you won’t be penalised for missing a payment. Only 1 Bucks Regular Saver account per person is allowed. You can withdraw by bank transfer to your nominated account at any time. If the balance in your account falls to zero, we will automatically close the account. Your account will mature on your Anniversary date. The full balance, including interest, will then be automatically transferred to a variable rate easy access account.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82041729#Comment_82041729

Yes, I received "registration successful" and "new account added successfully" today (Saturday).

saverkev

https://forums.moneysavingexpert.com/discussion/comment/82041733#Comment_82041733

Teachers

Yes - mine is 1 letter and 6 numbers followed by first three digits of surname

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82041729#Comment_82041729

Applied at a similar time to Hattie627 but still waiting for mine. I was a new customer though - maybe existing are getting processed faster? I was planning to fund on the 30th so it wouldn't bother me if it took a week to receive the details.

Saturday isn't a banking day so although many societies do open on a Saturday, details on Monday or even Tuesday (as it was the evening before I and many here applied) would meet the timescale given.

Has anyone been asked for ID by Bucks? The T and Cs mention it but I wasn't asked during application.

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82041855#Comment_82041855

I'm in the same position as you - applied about 7.30 Thursday evening as a new customer, two automated emails with registration confirmation and login details, but no account details as yet. There's no hurry.

I wonder if they've opened on a Saturday just to clear the backlog.

Also haven't been asked for ID.

SloughSally

Does a Halifax regular saver allow or need a 13th payment?

My account ending is on the 2nd of the month.

Do I need to deposit at least £25 in on the 1st to abide by the minimum monthly contribution rule?

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82041885#Comment_82041885

It’s allowed, but if you do you won’t be able to pay into the renewed account until the following month. £25 is not a monthly contribution rule (I’ve had £25 in since March and no objections from Halifax) but a ‘if you are paying in in a given month, it must be at least £25.’ My previous RS only received 2 x £250 plus the initial £25.

clivep

https://forums.moneysavingexpert.com/discussion/comment/82041896#Comment_82041896

Halifax.

I closed mine rather than using the renew route. The new RS can then be funded in the same month as the closed RS had been funded.

Bobblehat

Bucks BS RS T&Cs …

Thanks everyone , specially @BestSeagull …. so job done now.

I wasn't one of the lucky ones that got a "How to fund" email today, but as David Walliams said …. "I'll wait"!

friolento

https://forums.moneysavingexpert.com/discussion/comment/82042039#Comment_82042039

I am still waiting too. But am not in a hurry - IIRC, the 12 months period starts with the first deposit. So the closer to June 30 I can get to with my first deposit, the better. I don't want to leave it until last minute but end of next week will do just fine, and then my SO will kick in for the next 11 months, starting on July 1.