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.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Tesco Savings DDs

1…4546485051…84

Comments

  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,575 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    joeblags wrote: »
    FD - using the RS , don't know is you need any DD's on the account, if need be ill shut it down, not fussed any more.

    I have no direct debits on my FD account and it still runs smoothly with the RS and a pound in the rubbish rate savings account to avoid the £10pm fee.
  • IanSt
    IanSt Posts: 366 Forumite
    joeblags wrote: »
    Lloyds - I might move over a DD from my Halifax simply because I forgot I get free cinema tickets each year and use the RS

    I might be wrong, but I think you'll just lose the interest on the Lloyds account itself if you stop the DDs. I.e. you could remove all but £1 from the account and still get the cinema tickets and have access to the RS - though you would still need to do the minimum £1500 pay in each month to stop the account fee.
  • beefturnmail
    beefturnmail Posts: 930 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    IanSt wrote: »
    I might be wrong, but I think you'll just lose the interest on the Lloyds account itself if you stop the DDs. I.e. you could remove all but £1 from the account and still get the cinema tickets and have access to the RS - though you would still need to do the minimum £1500 pay in each month to stop the account fee.

    This is my understanding too: https://www.lloydsbank.com/current-accounts/landing/ab2/club-lloyds.asp
  • Eco_Miser
    Eco_Miser Posts: 4,986 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    joeblags wrote: »
    Nationwide - no DD'S on this account I don't think, will close this after a year when 5% is reduced and RS ends
    You could get another RS - it's still 5% on £250 a month, and no DDs required.
    Eco Miser
    Saving money for well over half a century
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    Eco_Miser wrote: »
    You could get another RS - it's still 5% on £250 a month, and no DDs required.


    Sorry scrolled back quite a bit but can't work out what RS is?
  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    DennisTenus wrote: »
    Sorry scrolled back quite a bit but can't work out what RS is?

    Regular Saver
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    Frogletina wrote: »
    Regular Saver


    Ah of course, thanks
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Seventh Anniversary 500 Posts Name Dropper
    DennisTenus wrote: »
    Sorry scrolled back quite a bit but can't work out what RS is?

    It's referring to Nationwide Flexclusive RS: for current openings, it's offering 5% pa fixed for a yera, deposit up to £250 per month, unlimited withdrawals. You need to have a NW current account (check the conditions for the Flex RS for detail on appropriate current accounts; no DDs required)
  • DennisTenus
    DennisTenus Posts: 483 Forumite
    Sixth Anniversary 100 Posts
    Deleted_User wrote: »
    It's referring to Nationwide Flexclusive RS: for current openings, it's offering 5% pa fixed for a yera, deposit up to £250 per month, unlimited withdrawals. You need to have a NW current account (check the conditions for the Flex RS for detail on appropriate current accounts; no DDs required)


    Ah I see similar to HSBC then
  • badger09
    badger09 Posts: 11,744 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    DennisTenus wrote: »
    Ah I see similar to HSBC then

    Except that the Nationwide Flexclusive Regular Saver allows withdrawals;)
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
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K 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.
Update Your Picture