Regular Savings Accounts: The Best Currently Available List!

Archi_Bald

Hopefully someone launches some new Regular Savers soon.

noh

Steve_xx wrote: »

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Remarkably, last year all of my payments show as FPI's even though they were all made by SO. And yet here, ctdctd confirms that his/her payment indicators show that all payment indicators show as SO's, bar the first one that was made by FPI.

In my experience a standing order made from a Lloyds current account will show as SO when credited to the regular saver.
A standing order from another bank will show as FPI when credited.

ctdctd

noh wrote: »

In my experience a standing order made from a Lloyds current account will show as SO when credited to the regular saver.
A standing order from another bank will show as FPI when credited.

My standing orders came from Halifax and showed as SO. Maybe it's those banks that use the same computer platform so Lloyd's, Halifax, BoS, TSB etc?

noh

ctdctd wrote: »

My standing orders came from Halifax and showed as SO. Maybe it's those banks that use the same computer platform so Lloyd's, Halifax, BoS, TSB etc?

Yes that makes sense.

Steve_xx

noh wrote: »

In my experience a standing order made from a Lloyds current account will show as SO when credited to the regular saver.
A standing order from another bank will show as FPI when credited.

Yes this may explain it. Mine were from Santander.

afmfifgh

afmfifgh wrote: »

Hi has anyone had any information about being able to increase the monthly payments into either the Newcastle Big Home Saver Issue 1 or 2 now that the ISA allowance has increased?

I am talking about both the ISA and non ISA versions of these accounts.

Currently you can pay £1,250 in each month (£15,000 a year = 2014/15 ISA allowance) but I haven't had anything about being allowed to increase this to £1,270 (£15,240 a year = 2015/16 ISA allowance).

I can't find anything on the website. Only that the new N.B.S. Big Home Saver Issue 3 allows £1,270 a month to be paid in.

Just got off the phone to Newcastle BS and they confirmed that you can increase the SO's on both the Issues 1 & 2 to a maximum of £1,270/month up from the previous £1,250 in line with the increase in the ISA allowance for 2015/16 and Issue 3 of these accounts.

This increase applies to both the ISA and non-ISA versions.

Don't forget though that as of 01/06/2015 they have a new limit balance of £30,000 so you will need to reduce the SO's right back before you reach this amount so that you can continue to deposit £1 a month (or more) and still get the monthly bonus.

It isn't clear what happens if you go above the £30,000 balance - I can't find anything about this.

Mee

Hi!

Just wish to check how others have renewed their Club Lloyds RS account online. The Renew Savings account option on the RHM seems to relate to instant access and ISAs, and I can see no Maturity link on my CLRS page.

Thanks

badger09

Mee wrote: »

Hi!

Just wish to check how others have renewed their Club Lloyds RS account online. The Renew Savings account option on the RHM seems to relate to instant access and ISAs, and I can see no Maturity link on my CLRS page.

Thanks

Has your Club Lloyds Monthly Saver actually matured yet?

I suspect not, as on the day it matures it converts to an Easy Saver Account, bearing the same account number. Once you see that in online banking, you can transfer the maturity proceeds out and open another Monthly Saver You can't do anything before that date though.

Jsscmm

Mee wrote: »

Hi!

Just wish to check how others have renewed their Club Lloyds RS account online. The Renew Savings account option on the RHM seems to relate to instant access and ISAs, and I can see no Maturity link on my CLRS page.

Thanks

Once the old one has matured, you can apply for a new one. It's under instant access from what I recall.

Eco_Miser

Do you do this (renew CLMS) while logged in, or not?