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Removed Money From Lloyds Regular Saver...

I took £350 out of it... I'm a bad person :( I really should carry on with it right? The long term gain and all.

Matt

Comments

  • Cypher
    Cypher Posts: 440 Forumite
    I took £250 out last month by mistakeand it doesn't let you put it back. :mad:

    I meant to transfer £250 from the online saver to the current account and in the drop down account list selected Monthly Saver. Its now called the DO NOT WITHDRAW ACCOUNT. :p
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    matt4504 wrote:
    I took £350 out of it... I'm a bad person :( I really should carry on with it right? The long term gain and all.

    Matt
    Absolutely! That £350 earned you 8% pa for the time it was in there - so you haven't lost out as such. You can replace it at £250 per month .
    .....under construction.... COVID is a [discontinued] scam
  • Cypher wrote:
    I took £250 out last month by mistakeand it doesn't let you put it back. :mad:

    I meant to transfer £250 from the online saver to the current account and in the drop down account list selected Monthly Saver. Its now called the DO NOT WITHDRAW ACCOUNT. :p

    LOL

    Ive done that, and paid the WRONG bill ! ,:)
    Money is much more exciting than anything it buys.
  • anniecave
    anniecave Posts: 2,476 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Milarky wrote:
    Absolutely! That £350 earned you 8% pa for the time it was in there - so you haven't lost out as such. You can replace it at £250 per month .

    You can't "replace it" - as once you've taken it back you can't put extra in there, you can only put in the same max of £250 per month.

    But it's still a good return though. It's not like instant access accounts are giving that much. They're not. So keep with it and just don't do it again..... !
    Indecision is the key to flexibility :)
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