Regular Savings Accounts: The Best Currently Available List!

tg99

My TSB Monthly Saver matured and changed to Easy Access account in early hours of today (Wed). Trying now to open another and says sorry not eligible. I meet all the criteria so does it take a certain time - 24-48 hours? - before system properly updates and recognises previous one now matured?

surreysaver

tg99 said:

My TSB Monthly Saver matured and changed to Easy Access account in early hours of today (Wed). Trying now to open another and says sorry not eligible. I meet all the criteria so does it take a certain time - 24-48 hours? - before system properly updates and recognises previous one now matured?

When you say today, do you mean yesterday, as today is Thursday?

Emily_Joy

Lloyds: I have an RS maturing on 3rd of April. Based on others experience, am I likely to have it closed with interest paid this tax year without me doing anything, or should I try to close it manually to be on a safe side?

kaMelo

Emily_Joy said:

Lloyds: I have an RS maturing on 3rd of April. Based on others experience, am I likely to have it closed with interest paid this tax year without me doing anything, or should I try to close it manually to be on a safe side?

They don't close automatically, the account is converted into an easy access account and the interest added.

liamcov

Does the Coop regular saver allow a 13th payment?

allegro120

liamcov said:

Does the Coop regular saver allow a 13th payment?

Yes Co-op RS allows 13th payment.

friolento

liamcov said:

Does the Coop regular saver allow a 13th payment?

Possibly. Make your 13th payment when the time comes and see what happens. Worst case they return the money to you.

They credited the £50 switch bonus to my RS this week, even though I had already maxed the payment for the month 

allegro120

Emily_Joy said:

Lloyds: I have an RS maturing on 3rd of April. Based on others experience, am I likely to have it closed with interest paid this tax year without me doing anything, or should I try to close it manually to be on a safe side?

Mine matured on 5th March, the account was converted into Standard Saver on the 6th.  On my statement the interest was credited on the 5th, but I only had acces to it in the 6th.  If this is the standard procedure you should receive your interest this tax year.

tg99

surreysaver said:

tg99 said:

My TSB Monthly Saver matured and changed to Easy Access account in early hours of today (Wed). Trying now to open another and says sorry not eligible. I meet all the criteria so does it take a certain time - 24-48 hours? - before system properly updates and recognises previous one now matured?

When you say today, do you mean yesterday, as today is Thursday?

Yes it matured early hours of Wednesday. Just tried again now more than 24 hours later and same message that I’m not eligible. I switched away my Classic Plus but have the Spend & Save current account and meet the other requirements too. Guess I’ll have to ring them.

dealyboy

@allegro120 said:

@Emily_Joy said:

Lloyds: I have an RS maturing on 3rd of April. Based on others experience, am I likely to have it closed with interest paid this tax year without me doing anything, or should I try to close it manually to be on a safe side?

Mine matured on 5th March, the account was converted into Standard Saver on the 6th.  On my statement the interest was credited on the 5th, but I only had acces to it in the 6th.  If this is the standard procedure you should receive your interest this tax year.

Lloyds RS
 ... just to confirm what allegro said Emily, in fact my maturity was identical. You should receive a letter within the next 1-2 weeks outlining what your options are, you can then confirm what you want to happen; what allegro stated is the standard option so you should be fine.