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regular saver or monthly saver

Hi guys

one stupid question. If my regular saver or monthly saver goes expire, can i apply a new one? most bank said it allowed only one such account per account. my understanding is once it expired, you can not apply another one, is that true?

Thanks in advance

Comments

  • It will depend on the terms and conditions of the account - talk to your bank, and/or look at other accounts with other banks.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    One at a time is normal (exception Derbyshire/Cheshire, one per issue). But N&P Gold is the only one I can think of that you can't open if you've had one before.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • saintalan
    saintalan Posts: 562 Forumite
    Part of the Furniture Combo Breaker
    Hi guys

    one stupid question. If my regular saver or monthly saver goes expire, can i apply a new one? most bank said it allowed only one such account per account. my understanding is once it expired, you can not apply another one, is that true?

    Thanks in advance

    First Direct let me open a new one as soon as the previous one finished but not before. Last time did on phone but have one coming up soon which I will try online.

    You can get 4 on Norwich & Peterborough BS.

    Alan
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