The Top Regular Savers Discussion Thread

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82064348#Comment_82064348

Beverley

Get it in writing

topyam

Beverley

We need to get clarity.

How long have we got to fund after opening?

janusd

https://forums.moneysavingexpert.com/discussion/comment/82064392#Comment_82064392

"Send us between £10 - £500 by bank transfer within 7 days of completing the application."

masonic

https://forums.moneysavingexpert.com/discussion/comment/82064348#Comment_82064348

That is what the welcome letter shared by @chris_the_bee states, yes. It was the earlier quote of a staff member only mentioning bonus eligibility at the end of the next year that created the confusion.

The letter states "a" withdrawal, not multiple. In practice, I doubt many people would have a need to make more than one per year if compressed into a one month window.

sheilavw

hi

I have just over 22k in an Halifax ISA 3.35% matures Dec 26, interest is paid monthly. Martin Lewis was on ITV the other morning, he mentioned Chip? paying over 4% (cannot remember exact amount) I have never moved money before. I understand from what he said that these companies do it for you? Can you do this anytime or only on maturity in Dec? I need to be more savvy with my money. I have also money in a bonus saver with Halifax at only 2.28% ideally i could move some of that too into this. Any advice would be welcome

masonic

https://forums.moneysavingexpert.com/discussion/comment/82064454#Comment_82064454

It might be better to start your own thread in the ISAs section of the forum. This thread is about regular savers (taxable accounts where you pay in a regular sum of money each month).

Joseph1215

https://forums.moneysavingexpert.com/discussion/comment/82064365#Comment_82064365

Beverley

What is the problem? That they may not pay interest for 2 years?

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82064552#Comment_82064552

The problem is that discussion about the Beverley RS (which is no longer available!) should have been split off to its own thread a week ago. It can only be of interest to a small subset of the overall readership.

happybagger

you'll wind up the OP...

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82064552#Comment_82064552

Clearly it is not that they won't pay interest for two years - though that could be the time between interest payments at the bonus rate - but that a year of it will be at 1% since different people's welcome letters have said different things as regards to a withdrawal made in January. One would be a slam dunk complaint for the bonus interest, the other not so much. A year is a long time to potentially only receive 1%.

The end of the following year is currently December 2027, but as soon as we are in January 2027, that becomes December 2028.