Halifax to relaunch regular saver @10%+

joface

Dragonman wrote: »

Yes, I had this problem yesterday and phoned them. Apparently you can't make an electronic payment until 24 hours after the money has come across. No explanation of why this should be the case.

thanks dragonman, that puts my mind at rest. will try again tomorrow :money:

YorkshireBoy

Dragonman wrote: »

Yes, I had this problem yesterday and phoned them. Apparently you can't make an electronic payment until 24 hours after the money has come across.

The proceeds of my regular saver went from...

reg saver => nominated websaver => current account => 5% websaver reward

...on the regular saver maturity date - and within seconds.

Not sure why yours (and others') would be different?

Paul_Herring

Mine matured yesterday, and I was able to set up two withdrawals to different banks (though not as immediate payments, they came out today.) <shrug>

10_66

YorkshireBoy wrote: »

The proceeds of my regular saver went from...

reg saver => nominated websaver => current account => 5% websaver reward

...on the regular saver maturity date - and within seconds.

Not sure why yours (and others') would be different?

Might it be that yours was an internal transfer and others might be external transfers?

YorkshireBoy

10_66 wrote: »

Might it be that yours was an internal transfer and others might be external transfers?

But once in the current account (HICA) they formed part of my 'available' balance, therefore could have been shifted outside the organisation.

10_66

Yes, of course .

Parisian

My regular saver matures on the 21st. Since I am going to continue with the 4% account - I went into Halifax today, and the advisor changed the paying in date to the 27th.
That means I will be making 12 payments for this last year... but just had a thought, will it work as I will not have made a payment in the last month (June)?

Also, Should I leave it for the 27th, or should I change the paying in date to early in the month for July?
Not sure why, but finding this all so confusing!

KTF

If the first payment goes in at the end of this month and the second payment on the 1st of next month then you will get slightly more interest.

Parisian

Thank you KTF
And am I safe for this year's regular saver by moving my pay in date this month to the 27th, to after the account matures (21st)?

apt

You are safe providing you have made 12 payments, one per calendar month. It would have made more financial sense, however, to have brought forward payments to the 1st to take advantage of the 10/12% rate.