Regular Savings Accounts: The Best Currently Available List!

FriendlyFoe

Either. If you have an existing BoS mandate sign in and apply from there. If you are a Halifax only customer apply on the BoS website as a new customer. You will be able to see the BoS RS on your Halifax internet banking right away.

ColdIron

RG2015 wrote: »

Thu 14 Dec

2018? With only 2 rate rises predicted before 2020 you could be right

Midland45

ColdIron wrote: »

Will it be automatic or new accounts only? Do you mean the Club Lloyds current account or the Club Lloyds Monthly Saver?

How will I know if the interest rate of my account is affected?

If you have a savings account which:

• tracks the Bank Rate, your rate will change on 1 December 2017.
• has a fixed rate of interest, your account will not be affected by this change.
• has a variable rate of interest, see how your interest rate will change.

In addition, new Monthly Saver and Club Monthly Saver accounts opened from 1st December onwards will receive a 0.5% increase to the current available rate.

Can anyone provide the link that shows Lloyd's are increasing their Club Monthly Saver from 2.5% back to 3.0% on 01/12/2017. I can see other savings accounts are rising, however not the Club monthly saver.

RG2015

RG2015 wrote: »

Thu 14 Dec

ColdIron wrote: »

2018? With only 2 rate rises predicted before 2020 you could be right

You may be right but it's a nonsense anyway. The banks set their consumer rates based on their own expectations and requirements.

A week before the 0.25% rise, VM offered 1.81% on a two year cash ISA and 2.50% on a five year cash ISA. They are now down to 1.55% and 2.00%.

ColdIron

Midland45 wrote: »

Can anyone provide the link that shows Lloyd's are increasing their Club Monthly Saver from 2.5% back to 3.0% on 01/12/2017. I can see other savings accounts are rising, however not the Club monthly saver.

If you mean for new accounts from 1st December it's that quote. For existing accounts the rates are fixed so will not change

Midland45

ColdIron wrote: »

If you mean for new accounts from 1st December it's that quote. For existing accounts the rates are fixed so will not change

I'm just wondering where you've copied that quote from? I can see it on both BOS and Halifax sites for their Monthly/Regular savers.

ColdIron

It was in the that quote link but here it is in full

https://www.lloydsbank.com/savings/existing-customer-information/base-rate.asp

Midland45

ColdIron wrote: »

It was in the that quote link but here it is in full

https://www.lloydsbank.com/savings/existing-customer-information/base-rate.asp

Cheers. The link in the original post led me to a different document 😀

Kernel_Sanders

ColdIron wrote: »

2018? With only 2 rate rises predicted before 2020 you could be right

You need to check your calendar.
14.12.17 is a Thursday.

bigadaj

Kernel_Sanders wrote: »

You need to check your calendar.
14.12.17 is a Thursday.

I think the suggestion is that it'll be another year before a minor rate rise, rather than whether the exact date is correct fro the day if the week.