Halifax to relaunch regular saver @10%+

rail.link

Can anybody confirm if it's possible to make more than one payment per month into the RS as long as the total doesn't exceed £500 ?

Halifax staff are giving conflicting answers.

obsessed_saver

rail.link wrote: »

Can anybody confirm if it's possible to make more than one payment per month into the RS as long as the total doesn't exceed £500 ?

Halifax staff are giving conflicting answers.

You can only make one payment per month.

regularsaver1

One payment only. You can make more payments with the Monthly Saver, not the Regular Saver

regularsaver1

anticlaus105 wrote: »

I intend to set this up next month. The leaflet from in branch says it is available till 20th July.

Is this correct and is it possible if popular it could be pulled sooner?

about 60'000 have been open since the 9th, but at present it is still available till that date

LittleVoice

obsessed_saver wrote: »

You can only make one payment per month.

Thanked you when I meant to "quote". I'm afraid you and regularsaver1 are incorrect. To quote from the Halifax website regarding the regular saver:

'Set up a monthly standing order from your bank account - you can make additional deposits by standing order too, as long as the total each month doesn’t exceed £500 '

shazkhan111

SilentMinority wrote: »

I still have the 7% RS account and I was intending to close it and open the 10% RS today (and a Guaranteed Saver).

I just received my post and it includes a letter from Halifax informing me that the maximum amount for paying in to my RS increased from £250 to £500 with effect from 9th June 2008.

Could it be that the 7% RS is, at least partially, morphing into the 10% RS?

has anyone else received this letter??

YorkshireBoy

LittleVoice wrote: »

To quote from the Halifax website regarding the regular saver:

'Set up a monthly standing order from your bank account - you can make additional deposits by standing order too, as long as the total each month doesn’t exceed £500 '

To quote from the account T&C's...

One payment each month by standing order...

I wonder which would take precedence in the event of problems down the line?

regularsaver1

we had the memo at work saying you can;t do more than the one standing order, but if thats what the net says, thats what it says

John_3:16

Was told on the phone that only 1 transaction per month. However when asking why it said a limit of £500 he went away and checked and said that yes you can add more as long as it does not exceed £500

tiptoe_mouse

I think it may be a good idea to take a screenshot of the webpage for use in the future....

tiptoe