Regular Saver Thread **New and Restarted**

DragonQ

Something I didn't realise is that you can have both a regular Lloyds Regular Saver and a Club Lloyds Regular Saver at the same time. So that gets added to the long list of crap-but-higher-than-my-mortgage-rate accounts I use.

youngretired wrote: »

HSBC have followed First Direct and reduced their regular saver to 2.75% for all customers. So next year will downgrade account to a normal current account once existing 5% regular savers mature.

So are M&S the only bank offering a regular saver with above 2.75% interest now (still 5%)?

soulsaver

DragonQ wrote: »

Something I didn't realise is that you can have both a regular Lloyds Regular Saver and a Club Lloyds Regular Saver at the same time. So that gets added to the long list of crap-but-higher-than-my-mortgage-rate accounts I use.



So are M&S the only bank offering a regular saver with above 2.75% interest now (still 5%)?

Virgin Money 3%

As Marks banking is provided by HSBC there's a chance their 5% will disappear soon, too.

DragonQ

soulsaver wrote: »

Virgin Money 3%

Yeah but that's branch only AFAIK.

soulsaver wrote: »

As Marks banking is provided by HSBC there's a chance their 5% will disappear soon, too.

Yep.

polymaff

MDMD wrote: »

Although they haven’t been very thorough with updating the website

Hence my "As I read it"...:rotfl:


The Premier section of the HSBC web-site is similarly out-of-date.

surreysaver

DragonQ wrote: »

Something I didn't realise is that you can have both a regular Lloyds Regular Saver and a Club Lloyds Regular Saver at the same time. So that gets added to the long list of crap-but-higher-than-my-mortgage-rate accounts I use.

Same with me. My mortgage is 1.5%, so I won't put money into accounts where it is tied in unless they pay 2% or more, as I do go over the £1k threshold for paying tax on savings.

surreysaver

My Santander Monthly Saver matured earlier this week. I stopped the standing order, as I intend to open a new one in December to assist with cash flow this time next year. As I have stopped paying into it, and transferred the money that was in it out after the interest has been paid, how does it revert to a normal saver? Do I just wait, or do I have to prompt them? I have sent a secure message, but wanted to hear others' experiences?

In addition, been a busy week. Opened Nottingham's Seasonal Regular Saver, Coventry's Regular Saver, as well as Virgin's number 19.
Club Lloyds Regular and Santander's Monthly have both matured as well! Need to sit down and have a rest!

schiff

I must be one of the really lucky ones - my new FD RS started 15 Sept, my new HSBC RS on 19 July!

Ellie78

Looks like I got in just in time! I only opened by HSBC RS on the advance account rate last month!

quirkydeptless

schiff wrote: »

I must be one of the really lucky ones - my new FD RS started 15 Sept, my new HSBC RS on 19 July!

Fingerbobs

Just received a letter from the Nottingham about their new Seasonal Saver account -
2.5% on up to £250 per month, matures 30th nov 2020.

https://www.thenottingham.com/savings/products/seasonal-saver/