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Regular Saver Thread **New and Restarted**

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  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 7 July 2019 at 4:59PM
    I opened this in May with some trepidation but all going okay. Great customer service at Loughborough.
    Can be opened by post by UK residents. No existing membership required. Save up to £500 per month (£6000 per annum) up to overall limit of £24000. Must save for 10months out of 12 to earn the interest rate of 3pc (variable). Two withdrawals of up to £500 each allowed per year. Can be closed without notice. Requirement to close only at Head Office can be met by post. No internet access to account. However balance can be checked by phone very easily, great staff deal with phone enquiries. I'm very happy.


    Do you need to take mortgage with them to earn 3% pa ??
  • Fingerbobs
    Fingerbobs Posts: 1,702 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 6 July 2019 at 11:46PM
    Careful_ly wrote: »
    Daft question I'm sure, but can you open one of these if you've already got a Special Regular Saver Issue 7?

    It says "
    only one Special Regular Saver Issue 8 can be opened per customer" but does it really mean that, or does it mean that you can only have one Regular Saver at a time?

  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Fingerbobs wrote: »
    Daft question I'm sure, but can you open one of these if you've already got a Special Regular Saver Issue 7?

    It says "
    only one Special Regular Saver Issue 8 can be opened per customer" but does it really mean that, or does it mean that you can only have one Regular Saver at a time?


    Yes you can.
  • Special_Saver2
    Special_Saver2 Posts: 1,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Everybody,

    I have added the following accounts to the list on page 1:

    - Chorley BS Regular Saver (Issue 2) paying 2.25% on up to £250 per month until 30th June 2019 but no early withdrawals unless the interest rate drops
    - Chorley BS Members Regular Saver (Issue 2) paying 2.5% (same account but for people who have had a Chorley BS account for 12 months or longer)
    - Nottingham BS Special Regular Saver (Issue 2) - details as in the post by Careful_ly higher up on this page

    I will do another update next weekend.

    SS2
    For those new to this thread, the first few posts are constantly updated and are on the first page
  • adindas wrote: »
    Do you need to take mortgage with them to earn 3% a month ??

    No. The interest rate is 3% per year, not per month. Cashback (additional) paid if mortgage successfully applied for, but mortgage eligibility not guaranteed to savers.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No. The interest rate is 3% per year, not per month. Cashback (additional) paid if mortgage successfully applied for, but mortgage eligibility not guaranteed to savers.


    Sorry for typo of course per year.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Everybody,

    I have added the following accounts to the list on page 1:

    - Chorley BS Regular Saver (Issue 2) paying 2.25% on up to £250 per month until 30th June 2019 but no early withdrawals unless the interest rate drops
    - Chorley BS Members Regular Saver (Issue 2) paying 2.5% (same account but for people who have had a Chorley BS account for 12 months or longer)


    Does anyone know whether you could have both of this Chorley RS i2 Member & Non Member i2 or just either / or ??
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 July 2019 at 3:15PM
    After one year the Lloyd Monthly Saver will become easy saver.
    Does Anyone know the easiest way to cancel this account. I have been calling them twice they can not cancel it as they don't have have access to account and asking me to go to branch to cancel it.

    Also similar to TSB regular saver

    Does anyone know the easiest way to cancel these accounts ??


    Thanks
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Freshly launched - £200 per month if you've used their mortgage services before.

    More details to follow...
  • badger09
    badger09 Posts: 11,573 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 8 July 2019 at 6:03PM
    adindas wrote: »
    After one year the Lloyd Monthly Saver will become easy saver.
    Does Anyone know the easiest way to cancel this account. I have been calling them twice they can not cancel it as they don't have have access to account and asking me to go to branch to cancel it.

    Also similar to TSB regular saver

    Does anyone know the easiest way to cancel these accounts ??


    Thanks

    You can close Lloyds accounts online in OLB.
    I don't think you can close using the app though
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