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The Top Regular Savers Discussion Thread
Comments
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This is the 6% one at £300 pcm? The £117 figure looks right to me even without any tricks like opening late in the month. If the account was fully funded at the start of each month and there wasn't a delay between the 1 year term starting and funding, then I can't see how the interest could be as low as £100.
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Can only think that the "interest in estimated of final balance" (wherever that is shown) is wonky.
When does the account actually mature/when will you see the actual interest paid?
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Yes £300pcm @6%. I did my own maths for a estimate and got more than £117. I also checked the mse rs calculator before I contacted them.
I opened it later than the 1st so the interest should be slightly more I think.
They are now looking into it.
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The regular RS pays around £100 give or take £5 depending on deposits, are you sure you have the extra?
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Yes I have the extra reward rs issue 2, it says so and says 6% on the website portal, and current balance of £3600, the maturity option shows the estimated final balance which is a bit more than the pending as I would expect.
I have a feeling my account was somehow left at 5% when I upgraded to extra at maturity from regular a year ago, even though web portal says it's a extra reward rs issue 2 and 6%. Looking back at my notes they screwed up the maturity a year ago and I had to ring to get it corrected, but now don't think it was fixed completely.
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That sounds remarkably like you might have a chance of receiving an extra payment to make up for the worry, stress, unsatisfactory way it's been dealt with, their chance to show how sorry they are type of compensatory sweetener that goes with these sorts of errors. 😁😁😁😁
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Monmouthshire - how quick are withdrawals/closures? I may have to empty the 6% regular saver to fund other higher-paying accounts.
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Have you run the numbers? Those MonBS accounts are at max earning power for another few weeks - does that make less money than feeding some higher rated accounts?
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I did this already and got funds in my bank same day
If you want to be rich, never, ever have kids
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I've had a quick crunch of the numbers and I reckon it makes sense to withdraw from the 6% account to feed others between 6.5% and 7% which have longer to run.
It's been a low-earning month, and I've already emptied the Santander Edge Saver.
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