A question about my A&L Premiere Reg Saver

Legacy_user

My Regular saver matured yesterday and this morning, as expected, the whole lot was transfered into my Premier Direct account. On my online summary it reads that my Regular Saver is now 'unavailable'. Now i am wondering what this means. Does it mean they have closed the saver down, or does it just mean that theres no money in there?

I was rather hoping the standing order from one account to the other would carry on so that i could continue to gain 10% interest on my savings account. If not i think i will have to find another 'home' for it.

mattbass

I took the unavailable to mean that the account was finished and closed, as it was a one year term account.
However, recently the Halifax regular year long saver continued to run into a second year.
So it would be worth a phone call to be 100% sure before you cancel your standing order.

exel1966

Your Regular saver account has now be closed infinitum. As the 12% regular saver is due to cease for new entrants (i believe next month) look out for another new Regular Saver some time soon.