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Regular Saving

Hello

When is the optimum time to transfer money to a regular savings account? The need to maximise my savings in the feeder account being imperative.

Regards

Hussar :-/

Comments

  • Speculator
    Speculator Posts: 2,450 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Make sure the money leaves your current account on a Monday (or Tuesday if the Monday is a Bank Holiday).
  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    Regular savings account ?

    The best time would be at the beginning of the month so that it starts earning the higher rate as soon as possible. As Speculator metioned, start the transfer on Mondays.

    OR ! if you want to play dangermous :)
    Start the transfer during the last few days of the preceding month so it reaches the regular account at the start of the current month. Though I would'nt go that far ! :D
  • Thank's to you both for that.

    Kind Regards

    Hussar
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