📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Regular Savings Accounts: The Best Currently Available List!

1126312641266126812691703

Comments

  • adindas said:
    TSB regular saver. Once you have an old RSA mature and become an easy saver could you renew or open the new one using the legacy TSB spend and Save Account. I just revisit my TSB account and when try to open a new RSA, I got the message as below. Is there any way to get or renew the RSA without the need to apply for a new spend and Save Account ? Thx




    Something similar happened to me with TSB RSA earlier this year. After a LOT of research I found it was to do with having duplicate profiles (this tends to occur from previous accounts that have been opened). 

    Try logging in with your other profile, IF you have one, and if that fails, I would contact TSB themselves about this anomaly.

  • soulsaver
    soulsaver Posts: 6,580 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 22 May 2024 at 1:59PM
    adindas said:
    TSB regular saver. Once you have an old RSA mature and become an easy saver could you renew or open the new one using the legacy TSB spend and Save Account. I just revisit my TSB account and when try to open a new RSA, I got the message as below. Is there any way to get or renew the RSA without the need to apply for a new spend and Save Account ? Thx



    This doesn't look right. It's not renewable, but you should be able to open a new RS as soon as your old one matures and becomes Easy Saver. You don't need to open another current account in order to apply for Monthly Saver.  Call them and try to resolve this on the phone.
    IME you can get the above message if there's a rejected/failed/aborted, usually old, application stuck in the system.
    Only resolution is to call and explain that none of the listed circumstances applies to you.
  • allegro120
    allegro120 Posts: 1,807 Forumite
    1,000 Posts Second Anniversary Name Dropper
    soulsaver said:
    adindas said:
    TSB regular saver. Once you have an old RSA mature and become an easy saver could you renew or open the new one using the legacy TSB spend and Save Account. I just revisit my TSB account and when try to open a new RSA, I got the message as below. Is there any way to get or renew the RSA without the need to apply for a new spend and Save Account ? Thx



    This doesn't look right. It's not renewable, but you should be able to open a new RS as soon as your old one matures and becomes Easy Saver. You don't need to open another current account in order to apply for Monthly Saver.  Call them and try to resolve this on the phone.
    IME you can get the above message if there's a rejected/failed/aborted, usually old, application stuck in the system.
    Only resolution is to call and explain that none of the listed circumstances applies to you.
    I got the same message once when I closed my account early and then cheekily attempted to open a new one before 12 months curfew ended. 
  • Johnny-Cage
    Johnny-Cage Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 22 May 2024 at 2:56PM
    Just received a letter to say my Club Lloyds regular monthly saver matures on the 4th June 
    Is my understanding correct if I withdraw everything on the 4th once the interest is added and move it all elsewhere and close the account that no standard saver is opened and I am free to open a new RS the following day 
  • Just received a letter to say my Club Lloyds regular monthly saver matures on the 4th June 
    Is my understanding correct if I withdraw everything on the 4th once the interest is added and move it all elsewhere and close the account that no standard saver is opened and I am free to open a new RS the following day 
     I believe you can 'renew' your existing Club Lloyds Monthly Saver now to an ordinary savings account (Club Lloyds Saver or Easy Saver) and then open a new Club Lloyds Monthly Saver. Or wait till the 4th. But, yes, to answer your question, you can.
  • jameseonline
    jameseonline Posts: 1,041 Forumite
    500 Posts First Anniversary Name Dropper
    Just received a letter to say my Club Lloyds regular monthly saver matures on the 4th June 
    Is my understanding correct if I withdraw everything on the 4th once the interest is added and move it all elsewhere and close the account that no standard saver is opened and I am free to open a new RS the following day 
    They change the account to their standard saver, all the money paid in + interest will be in that account, you should then be free to open a new regular straight away/following day & you free to move money at any point.
  • allegro120
    allegro120 Posts: 1,807 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Just received a letter to say my Club Lloyds regular monthly saver matures on the 4th June 
    Is my understanding correct if I withdraw everything on the 4th once the interest is added and move it all elsewhere and close the account that no standard saver is opened and I am free to open a new RS the following day 
    As much as I remember at maturity they will turn your existing RS into Standard Saver, you can then withdraw and immediately open a new RS.
  • OneUser1
    OneUser1 Posts: 101 Forumite
    100 Posts Second Anniversary Name Dropper
    Progressive Building Society have their on-line Regular Rainy Day Saver account paying 7% (variable) for existing members and locals (which means those living in Northern Ireland) which takes £20-£300 per month.

    However I was unable to register for their on-line access - which requires a separate authenticating app to be downloaded - so I gave up trying. Those braver than me might like to give it a go.
  • Wheres_My_Cashback
    Wheres_My_Cashback Posts: 4,394 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 22 May 2024 at 6:31PM
    OneUser1 said:
    Progressive Building Society have their on-line Regular Rainy Day Saver account paying 7% (variable) for existing members and locals (which means those living in Northern Ireland) which takes £20-£300 per month.

    However I was unable to register for their on-line access - which requires a separate authenticating app to be downloaded - so I gave up trying. Those braver than me might like to give it a go.
    ALL online savings accounts are for existing members and locals ONLY so no entry via the back door.
  • OneUser1
    OneUser1 Posts: 101 Forumite
    100 Posts Second Anniversary Name Dropper
    OneUser1 said:
    Progressive Building Society have their on-line Regular Rainy Day Saver account paying 7% (variable) for existing members and locals (which means those living in Northern Ireland) which takes £20-£300 per month.

    However I was unable to register for their on-line access - which requires a separate authenticating app to be downloaded - so I gave up trying. Those braver than me might like to give it a go.
    ALL their savings accounts are for existing members and locals ONLY so no entry via the back door.

    I meet the qualifying criteria so there was no attempt at entry via the back door. But I found I couldn’t get through the front door anyway.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.6K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.6K Work, Benefits & Business
  • 598.3K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.