The Top Regular Savers Discussion Thread

HHUK

https://forums.moneysavingexpert.com/discussion/comment/82045172#Comment_82045172

Santander

Thanks. I should have read further:

 A ‘month’ is calculated by the date that you open your account. For example, if you open the account on the 16th of a month, your month will run from the 16th of one month to the 15th of the next month

where_are_we

https://forums.moneysavingexpert.com/discussion/comment/82045152#Comment_82045152

After closing in chat does the old Santander RS disappear completely? Does the new RS need to be opened? I was wondering how they implement an upgrade.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82044996#Comment_82044996

https://forums.moneysavingexpert.com/discussion/comment/82045060#Comment_82045060

You can do it on 1st July, but the cut off date will remain 23rd.

Malchester

https://forums.moneysavingexpert.com/discussion/comment/82045271#Comment_82045271

if you have funded the account with the full monthly allowance then your next funding cannot be ùntil 1 month ahead as per the terms and conditions. Open on, say 23 June, as I have done, and fund it with the full monthly amount, the next possible funding date is 1 month ahead. So the account cannot be funded on 1 July if you have fully funded it today

friolento

https://forums.moneysavingexpert.com/discussion/comment/82045251#Comment_82045251

Yes, the old one disappears completely. You need to empty it before asking for closure. Interest gets paid when they process your closure request.

Once your old RS is gone, you need to apply for the 8% one. Takes a couple of minutes, may be five or ten, before you can see it in your account / app. Log out and in if needed to refresh. You can then make your first deposit, and set up a standing order if you want to.

If you had a standing order to feed the old account, don't forget to cancel it.

Joseph1215

Bucks.

Many thanks, dealyboy. The 'info' email was the only one that went into Spam, if anyone else can't find theirs.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82045251#Comment_82045251

When the old RS disappears you need to open a new one, it's not an automatic upgrade.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82045285#Comment_82045285

I think they meant delaying funding, this way you can't take a full advantage of this product.

winkowinko

Can you have the Santander regular saver, without having one of their current accounts?

Chaykin

Bucks BS

Maybe they go through applications alphabetically by surname? 😅 I applied on Thursday evening and had no issues - received online access details immediately (the 2x emails "Welcome to MyBBSAccounts" & "Registration Successful") but still waiting on confirming account info so I can pay in. My surname starts with a W so bit "late" in the alphabet. 😝

Santander

Great news! Opened and funded near enough immediately. Did not have the old 5% version as it was below my threshold but 8% is a totally different proposition!