verylittlehelps

Very Little Helps => All departments => Topic started by: person7 on 08-12-22, 01:10PM

Title: Save as you Earn - Have i got a missing payment?
Post by: person7 on 08-12-22, 01:10PM
Just got todays payslip for payday tomorrow, and its missing my £20 that is normally taken to save as you earn?

the 3 years isnt up until march 2023 so im not sure why the payment seems to have stopped. How do i check to make sure its not missing? the saye website says i have two payments left but the dates are 1st of each month so  it makes it confusing as it doesnt tie in with my paydays.

upside means i have extra £20 now but i want to make sure that i can take it out of the savings in march (eg if shares are up then i make profit if they are down I get all my money back anyway without loss - but want to make sure that its not messed up as its not gone out this month)

also - if it is missing, what do I do. - just if i know its "ended" from the tesco end i would signed up for another 3 year one (as it actually works out better then interest at the bank if shares are up, as my bank only does 0.1% anyway)

also its first time doing anything like this, how would i "claim" my savings or sell them as shares? - says "at todays" price i have a £86 gain on my savings - but not sure what happens when it ends. do i just press a button to use as shares and then another to "sell" them? - nobody really explained other then at the time my bank savings would give me less - plus temptation to spend it - this way i couldnt touch it and I've made £86 so far "free" (as long it doesnt drop by march i assume?)
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: Mark calloway on 08-12-22, 02:52PM
I only came to ask the same thing.
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: person7 on 08-12-22, 03:51PM
ah, well at least it's not just me then!
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: streaker on 08-12-22, 03:59PM
Its linked to the 3 years is 36 payments and hence you now have paid in full
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: Mark calloway on 08-12-22, 04:13PM
Quote from: streaker on 08-12-22, 03:59PMIts linked to the 3 years is 36 payments and hence you now have paid in full
mines 5 and I've had no notifications saying its all been paid
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: Minnie Mouse on 08-12-22, 06:18PM
Your payment for saye always stops at this time of year as you pay 36 payments, we get 13 pays in a year so it is fully paid up and you get to make your choice at the end of February what you want to do with your saye
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: person7 on 11-12-22, 10:35AM
Ah right.  Wish would have known as didn't get any notice.  And I missed the window to enrol for another 3 years etc.  I didn't want to enrol and end up paying double.until Feb/March as.  Well I still need enough wages to live off 😂

Have to wait until next year now...

Mind you my bank recently came up with a 5% interest account so I can do that for a year..
Title: Re: Save as you Earn - Have i got a missing payment?
Post by: forrestgimp on 11-12-22, 04:31PM
its paid off mate.