tsb & lloyds monthlys savers ending soon

guestman

so with my Lloyds and tsb about to both end after the 12 month term, weres best to stick the cash now. I know quite a lot of places have dropped interest rates and if im honest I was going to take the money and just stick it into my Halifax online savings account which doesn't even pay interest, or my first direct bonus saving account.


I already have the following accounts


TSB account with 2k
Lloyds with 5k
BOS with 5k
FD with monthly saver set up recently.


I could even just dump the cash into my BOS and Halifax account and set up monthly savers with them which pays 2% I think. doesn't Tesco do an account that doesn't even need any direct debits? . inaway fire away with any ideas


P.S - I did think of more BOS accounts but ive seen several people have there account closed for having lots of accounts within the Lloyds banking group

sharpe106

You married if so get the same accounts in your partners name. Tesco has an similar account that you can look but again not high amounts in it.

bigadaj

Nationwide gives you 5% on £2500 for a year, multiple bos accounts shouldn't create any issues, I like many had to get my second and third accounts opened by phone.

Tesco is very easy and there's obviously the benefits with the tesco savings accounts as well.

guestman

good ideas , I have a Tesco online saver I use to make up some DDS for my current accounts so will look into that, also good call on the nationwide, I forgot that one

darkidoe

Same situation. Doesn't help that Santander is halving their rates. Maybe I shall switch away the Santander to M&S to bag a 6% regular saver and more BoS to get 3% IF they keep the rates..