Halifax regular saver - 2 transfes in 1st month

nrsql

Received this response from Halifax

With regard to your query, I can confirm that regular payments can only be made by standing order.

You can transfer extra funds into the account up to the maximum of £500 per month.

Quietgirl

Well I have just sent the remaining amount of this months wages before I get paid tomorrow over to the Halifax RS by Bacs so that will make 2 payments for me.

laurenzo99

i was in branch asking the same thing,

was told that you can ONLY do 12 payments by SO and they must be one per month before 28th

nrsql

Could mean that you can only do one per month by SO but can transfer extra up to £500 per month.

Quietgirl

Well, i have took a screen shot of the website with it on and it looks in plain english to me that you can pay in as many times as you want as long as it's not over £500. Maybe it's because were all used to the old 7% regular saver.

nrsql

My understanding is that you have to pay in at least £25 per month and up to a maximum of £500 - can be more than one payment per month.

The only problem is that you have to pay in at least one by SO per month which I haven't done.
I'm assuming they either can't tell or don't care that it is actually a transfer rather than a SO.

harding1985

Ive put more than 2 deposits in this month.... No problems as along as it doesn't total more than £500

voyager_on_web

Hi All
I have question, what happens if I pay more than £500 per month in
halifax Regular Saver?

harding1985

your account will be closed :money: