We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Halifax Regular Saver Question

Hi, I have been looking at fixed rate accounts and think that the best suited for me is a regular Saver. The only one that I can open online instantly seems to be the Halifax 7%. However, I already have the 10% Halifax Regular Saver - it says 'Only one account per customer' but does that refer to the 7% one or any regular saver held with Halifax? I cant find any t&c's that explain.

Has anyone got experience of this?

Comments

  • fablad75
    fablad75 Posts: 326 Forumite
    Only one regular saver account per person, so you can't open the second one.
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    Try here:
    http://www.moneyfacts.co.uk/savings/Default.aspx
    for other regular savers.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Only 1 per person. But you can increase your standing order to £500 a month.

    Your partner could have one.

    Or what about your kids who could have their own 10% Regular Saver?
  • Thanks for all the advice. Im only 23 so no kids to worry about and the girlfriend doesnt have quite the same ability as me to save! I like the look of the Barclays RS but dont know when Ill get the time to go into a branch to open one!
  • Ms_Chocaholic
    Ms_Chocaholic Posts: 13,449 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I opened the one with the AA, slightly less rate but much less hassle and so easy to open online.
    Thrifty Till 50 Then Spend Till the End
    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
  • What is the rate of the AA account? I cant find it on their website. I have got the Egg fixed rate instant access account at 6.3% so any regular saver needs to be well above this to make it worthwhile!
  • pmorrison wrote: »
    Thanks for all the advice. Im only 23 so no kids to worry about and the girlfriend doesnt have quite the same ability as me to save! I like the look of the Barclays RS but dont know when Ill get the time to go into a branch to open one!
    tip - you need to make an appointment
    tip2 - don't expect that rate to be about much longer...
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • Ms_Chocaholic
    Ms_Chocaholic Posts: 13,449 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    pmorrison wrote: »
    What is the rate of the AA account? I cant find it on their website. I have got the Egg fixed rate instant access account at 6.3% so any regular saver needs to be well above this to make it worthwhile!


    Sorry, should have read your first post correctly.

    The AA account is not a regular saver but a one year fixed rate @ 6.3%
    You probably don't want it, but here's the link for anyone who does http://www.theaa.com/savings/year_fixed.html
    Thrifty Till 50 Then Spend Till the End
    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.