The Top Regular Savers Discussion Thread

Section62

https://forums.moneysavingexpert.com/discussion/comment/82044389#Comment_82044389

Interesting this is a multi-year account - only the bonus ends after 12 months, the account continues as a £200/mth RS without the 5% bonus.

Santander have been known to extend bonus rate offers, so in a year's time we could all be discussing whether to withdraw the balance and close the account, or continue it with the new bonus rate.

sheffieldeagle

https://forums.moneysavingexpert.com/discussion/comment/82044281#Comment_82044281

Thanks for the replies. I remember seeing the 44 already populated but I may have put in the zero. I will contact them.

dingling68

Santander FYI

Chatbot had “upgrade regular saver” as a reason for closing my current regular saver just now

Gers

Re Bucks RS

Now received confirmation that my account is open and I have transferred monies to it.

I don't have any online login information, does that come separately? As I completed a manual application form I haven't been asked to set security info - can anyone advise please?

Have to go out now, back later and hope to not have to phone Bucks. The staff must still be inundated.

orange-juice

Re Santander regular saver

Can you only fund it by internal transfer? Can't see sort code/account no?

friolento

https://forums.moneysavingexpert.com/discussion/comment/82044645#Comment_82044645

You can do a one-off internal transfer as well as an internal Standing Order. No external funding.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82044636#Comment_82044636

That comes before the payment details, but if you were among those that had to have their applications pushed through manually, they probably have to do the same for those and may have forgotten.

janusd

https://forums.moneysavingexpert.com/discussion/comment/82044651#Comment_82044651

do you have to fund when opening? ideally, i'd like to open now and pay initial deposit on the 1st (to match all my RS).

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82044657#Comment_82044657

You don't have to fund when opening, but the "maturity date" (i.e. date when 5% bonus ends) will be 12 months after opening. And each new "month" will reset on the anniversary of opening date. So no harm in opening now to fund on the 1st, but no benefit in terms of interest. You could wait until the 1st to open, but risk the account being withdrawn.

Bigwheels1111

https://forums.moneysavingexpert.com/discussion/comment/82044645#Comment_82044645

Very easy, external funding.

Via your bank.

Name Joe Blogs ( your name )

Use Sort code 090000

Acc 00050005

Ref , R12345678XYZ, I was given this as I applied.

The last 3 digits are your surname, Not given when applied.

Paid in £200 from First Direct, shows in the account within 1 minute.

But you get lots of warnings, unable to check etc.