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Legal, pensions and money

New Regular Savings Account.

(9 Posts)
Georgesgran Wed 08-Nov-23 11:26:44

Also, as it’s not an ISA, potentially, it isn’t tax free.

Callistemon21 Wed 08-Nov-23 11:18:39

Is there a category called House Clearance Operative? 😁

Callistemon21 Wed 08-Nov-23 11:17:26

Just be aware, everyone, that some regular savings accounts change after 12 months and the interest rate drops to a paltry percentage.
I've had one with my bankfor 12 months and need to transfer it somewhere else - but not until they've paid me my interest!

karmalady Wed 08-Nov-23 10:44:03

I just signed up for 7% regular savings via ybs. You cannot transfer money fron another ybs account direct so I simply closed a ybs account, the cash is now in my halifax bank and I have arranged a monthly standing order to ybs

These regular savers are a good idea, I have three maturing this month, it does squeeze my finances every month but is nice at the end of the 12 month term and gets me through the bills that all seem to arrive in january

Shinamae Sat 28-Oct-23 19:36:28

Personally, I would not have bothered with them..🤷‍♀️
I am with First direct, which is an online only bank I know, but I get 7% on my savings and never any problems with them at all.
I went into TSB the other day to change my sons address as he was busy at work took me 20 minutes to be seen by someone! 🤨

Calendargirl Sat 28-Oct-23 19:20:07

Stansgran

I also tried ‘Homemaker’ and ‘Not Employed’ , neither of which worked,

Can only assume they think there is no income coming from such ‘occupations’.

ginnycomelately Sat 28-Oct-23 17:32:21

Hear hear

Stansgran Sat 28-Oct-23 17:17:44

I sometimes think that forms on the computer are composed by nerds for geeks and they are young ,assuming that anyone out of their age range are the living dead,walking zombies. Anyone over 50 is off their radar. I would have tried unemployed or on maternity leave if that was an option. I could. Rant for hours about the computer not being user friendly.

Calendargirl Sat 28-Oct-23 11:57:48

Tried to open a new regular saver with a well known building society this morning, online.

When it came to ‘Occupation’, I picked ‘Retired’ from the option list, as that is what I am.

Computer said ‘no’, at least it wouldn’t let me continue.

After a few attempts, I rang Customer Service, who were no help. ‘Try later’ was the suggestion.

So I did, this time putting my occupation as ‘Cleaner’, as it’s me who does the bulk of that at home.

Hey presto, I could now continue, and went on to open the account.

But what is the use of having ‘Retired’ as an option if it’s unacceptable?

Had to put the source of where the money was coming, it didn’t seem to mind ‘Pension funds’.

confused

Plus, my employment status is now incorrect, but hey ho.