Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Everybody,

I cannot find anything that has changed for this weekend's update.

I will do another update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=1

Wheres_My_Cashback

Quick Q for anyone who has the Lloyds 4% RS.

Mine matures in Mid April, therefore 13th payment is due to go in via SO on the 1st. Are 13 payments OK, I can't find any info on it as some RS accounts seems to restrict to 12.

ab56

To 'Wheres My Cashback'
quote "Quick Q for anyone who has the Lloyds 4% RS.

Mine matures in Mid April, therefore 13th payment is due to go in via SO on the 1st. Are 13 payments OK, I can't find any info on it as some RS accounts seems to restrict to 12."


We are in a similar position and I enquired at our local Lloyds bank and was told only 12 monthly instalments allowed - maximum £4800. You should be able to open a new RS after original one matures.

bristolleedsfan

Wheres_My_Cashback wrote: »

Quick Q for anyone who has the Lloyds 4% RS.

Mine matures in Mid April, therefore 13th payment is due to go in via SO on the 1st. Are 13 payments OK, I can't find any info on it as some RS accounts seems to restrict to 12.

My local Branch informed me that making 13th Payment wouldnt do any harm.

http://www.lloydsbank.com/savings/club-lloyds-monthly-saver.asp

Biggles

Wheres_My_Cashback wrote: »

Quick Q for anyone who has the Lloyds 4% RS.

Mine matures in Mid April, therefore 13th payment is due to go in via SO on the 1st. Are 13 payments OK, I can't find any info on it as some RS accounts seems to restrict to 12.

Their website says:-
Save from £25 to £400 a month and enjoy instant access with a great fixed rate for one year. You can make as many withdrawals as you like into your Club Lloyds current account, but you can only pay in once a month by standing order and can’t replace what you’ve withdrawn.

I guess you opened it in mid-Apr 14, then brought forward your SO to the first of each month in order to maximise interest, which is fair game. They don't seem to limit the payments to 12 or the total sum to £4,800, so it would certainly seem that you could make another payment on 1 April. I'd be interested to know how you get on.

Wheres_My_Cashback

Biggles wrote: »

Their website says:-
Save from £25 to £400 a month and enjoy instant access with a great fixed rate for one year. You can make as many withdrawals as you like into your Club Lloyds current account, but you can only pay in once a month by standing order and can’t replace what you’ve withdrawn.

I guess you opened it in mid-Apr 14, then brought forward your SO to the first of each month in order to maximise interest, which is fair game. They don't seem to limit the payments to 12 or the total sum to £4,800, so it would certainly seem that you could make another payment on 1 April. I'd be interested to know how you get on.

Yep, that's exactly what I did. I usually do with RS accounts unless I see something specific in the T&Cs which prohibits a date change to the SO.
Never had any problems so far and it's only a few quid, but it all counts

Cheers Guys, I'm just going to roll with it and see what happens though I don't expect to have any problems with it :cool:

afmfifgh

I am in the same situation.

Also I had a letter from them yesterday giving me my maturity date and options for once it matures.

One odd thing was that the date they stated on the letter for maturity was actually a few day more than 12 months from opening.

bristolleedsfan

Interest on Club Lloyds Monthly Saver is due to be paid so I was told in Branch, day before it was opened. - Opened 11th April 2014, due to be paid 10th April 2015

Archi_Bald

My Club Lloyds Monthly Saver matured yesterday. They moved the money, complete with interest, into a new Easy Saver overnight. As I had one of these already sitting there, I now have 2 Easy Savers to close (in-Branch job only, annoyingly).

I have set up a new 4% Monthly Saver, and an SO to feed it, starting tomorrow.

badger09

Archi_Bald wrote: »

My Club Lloyds Monthly Saver matured yesterday. They moved the money, complete with interest, into a new Easy Saver overnight. As I had one of these already sitting there, I now have 2 Easy Savers to close (in-Branch job only, annoyingly).

I have set up a new 4% Monthly Saver, and an SO to feed it, starting tomorrow.

Thanks Archi

Mine matures on Thursday. Did the new Easy Saver have the same account number as the maturing monthly saver?