The Top Regular Savers Discussion Thread

clairec666

Interesting bit of trivia I discovered while updating my spreadsheet…..

Interest of 8% on £200 per month is the same as interest of 6.4% on £250 a month. So Santander pays out the same as Buckinghamshire despite having a lower deposit.

Poor Buckinghamshire staff, still working through the backlog - if they'd released the account a day after Santander they might not have been quite so overwhelmed. Or maybe it would have made little difference…

s71hj

Just to save a few of your moments on Sandi, you need to get the balance to zero first

friolento

Those closing an existing Santander RS: if you have a Standing Order for it, you need to cancel it yourself

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.