Regular Savings Accounts: The Best Currently Available List!
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Am I right in thinking that the Halifax and Club Lloyds Regular Savers require being an existing customer?0
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Am I right in thinking that the Halifax and Club Lloyds Regular Savers require being an existing customer?
Yes they do. Must have a Club Lloyds account for the Club Lloyds Regular Saver, but a standard one will do for the 2% version. Details remain as they are recorded on the front page of the thread.0 -
Club Lloyds Regular Saver requires you to have a Club Lloyds current account0
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Yeah you need a Halifax current account to get the RS and if you want the Club Lloyds RS you have to be a Club LLoyds current customer.
However the rules about early closure and not being able to open a new one within the year don't seem to be set in stone. I had to close my Halifax RS earlier this year and was able to open a new one recently. I was able to do the same thing with the Club Lloyds RS.
The Club Lloyds current account rate remains at 2%.
With regards to closing accounts online- it can be done easily and within minutes. You choose to renew the account early (BoS monthly saver and Club Lloyds Monthly Saver) then close. The Halifax RS has a straight closure option.
There seems to be a disconnect from policy implementation and how LBG internet banking actually functions in reality. An example of this is that I have opened a BoS monthly saver with no BoS current account- just Halifax. So the plan come December is to have both a Halifax RS and BoS RS contributing £500 total a month at 2.5%.
(I'm using monthly saver and regular saver interchangeably)0 -
FriendlyFoe wrote: »I have opened a BoS monthly saver with no BoS current account- just Halifax. So the plan come December is to have both a Halifax RS and BoS RS contributing £500 total a month at 2.5%.
Did you do it through a BOS internet banking login or did you open the BOS Reg saver from outside of internet banking?0 -
I may wait until the next BOE interest rate meeting just in case rates go up again.0
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It's clear enough in the Club Lloyds T&Cs but oddly enough not in Halifax. I haven't got anything to switch right now but I've got a Bank of Scotland current account, so I can do their RS. I discontinued my previous BoS regular saver when it matured as I stopped doing 2%s.0
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Speculator wrote: »I may wait until the next BOE interest rate meeting just in case rates go up again.
Decisions were easy when it was clear that base rate would stay static.0 -
Speculator wrote: »I may wait until the next BOE interest rate meeting just in case rates go up again.
When is that?0 -
beefturnmail wrote: »When is that?0
This discussion has been closed.
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