Leeds Building Society Regular Saver (Issue 4)

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  • aj23_2
    aj23_2 Posts: 1,155 Forumite
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    Vortigern wrote: »
    It's possible that LBS will close this issue to further subscriptions before the next anniversary. Perhaps that has always been planned, hence the £6,000 limit?

    It just said you can't hold more than £6,000, and use 4 was open for several months after i opened. Plus if you deposited £50 a month that would take 10 years to reach £6,000. So i reckon it's open ended in a way.
  • Vortigern
    Vortigern Posts: 3,243 Forumite
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    Speculator wrote: »
    Leeds press release
    Take another look at that link. Well down the page, below "Key Features" it offers 30%AER (no decimal point)

    Do you think we could hold them to that?
  • GreenBitterfly
    GreenBitterfly Posts: 392 Forumite
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    I'm expecting them to close this account on the next anniversary, as they did with Issue 3. If not, I'm going to have to revise my plans!
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
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    aj23 wrote: »
    Does anyone have, or have had, this account? I'd like to know what happens when you reach £6,000, as I am close to doing.

    How close are you please?
  • aj23_2
    aj23_2 Posts: 1,155 Forumite
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    Vortigern wrote: »
    Take another look at that link. Well down the page, below "Key Features" it offers 30%AER (no decimal point)

    Do you think we could hold them to that?

    Lol i saw that, but above it does say 2.30%
  • aj23_2
    aj23_2 Posts: 1,155 Forumite
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    veryintrigued wrote: »
    How close are you please?

    August will reach £,6000.
  • Speculator
    Speculator Posts: 2,225 Forumite
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    My account was opened in October 2016 so I will have to make a withdrawal in August.

    Withdrawals via post or in branch only so I will post my passbook to my branch on Saturday 18th.

    Don't want to post it the following week because there is a Bank holiday.
  • aj23_2
    aj23_2 Posts: 1,155 Forumite
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    Speculator wrote: »
    My account was opened in October 2016 so I will have to make a withdrawal in August.

    Withdrawals via post or in branch only so I will post my passbook to my branch on Saturday 18th.

    Don't want to post it the following week because there is a Bank holiday.

    Do you know if you need ID to make a branch withdrawal?
  • Speculator
    Speculator Posts: 2,225 Forumite
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    aj23 wrote: »
    Do you know if you need ID to make a branch withdrawal?

    Probably.

    I always take a passport and a recent bank statement or utility bill with my name and address just in case.
  • GreenBitterfly
    GreenBitterfly Posts: 392 Forumite
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    aj23 wrote: »
    Do you know if you need ID to make a branch withdrawal?

    Yes, I'd take some, When I did my annual withdrawal last year, I was asked for ID, I'd brought some with me, as I'd been surprised before at Leeds Building Society when trying to close the Issue 2 Regular Saver, and I didn't bring any with me.
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