Regular Savings Accounts: The Best Currently Available List!

allegro120

veggieblob said:

Descrabled said:

BOS

The work around no longer works for the BOS regular saver. It still worked in April for Lloyds, club Lloyds, and Halifax.

I now only use Club Lloyds as all my regular savers are 6% interest or more.

It worked for Halifax on 11th June.

Halifax has never had 12 month rule, you can open and close Halifax RS every day if you like.

WillPS

DJDools said:

Oh dear

I attempted to 'renew' my BoS month saver using the technique below BUT...

Descrabled said:

The technique used is:

1 Empty the regular saver. 

2 Renew account to annother type of saver. 

3 Bank adds accrued interest.

4 Remove interest and close account. 

5 Bank provides closing statement. 

6 Open new regular saver if and when required. 

I got as far as empty the regular saver, and clicked on the 'renew account' to the right of said saver and got this screen — any idea what went wrong?

I daren't close the account, as I seem to remember BoS don't allow you to open another MS within 12 months (this one had a fair number of months left and I was hoping to fix in the rate to go well into next year).

I had similar issues trying to open some BoS accounts last week. I think there is a period after midnight when they won't go through, better to do it in daytime hours.

PowerSavingMode

WillPS said:

DJDools said:

Oh dear

I attempted to 'renew' my BoS month saver using the technique below BUT...

Descrabled said:

The technique used is:

1 Empty the regular saver. 

2 Renew account to annother type of saver. 

3 Bank adds accrued interest.

4 Remove interest and close account. 

5 Bank provides closing statement. 

6 Open new regular saver if and when required. 

I got as far as empty the regular saver, and clicked on the 'renew account' to the right of said saver and got this screen — any idea what went wrong?

I daren't close the account, as I seem to remember BoS don't allow you to open another MS within 12 months (this one had a fair number of months left and I was hoping to fix in the rate to go well into next year).

I had similar issues trying to open some BoS accounts last week. I think there is a period after midnight when they won't go through, better to do it in daytime hours.

Thanks. Tried that as well as logging in and out (and again 10 times over at various intervals) and emptying caches etc... No go.

sheffieldeagle

Hi

My First Direct regular saver matured in May and I immediately opened a new one. The first payment was taken but I can't see that a standing order has been setup. I thought this was done by FD automatically. Am I missing something?

allegro120

sheffieldeagle said:

Hi

My First Direct regular saver matured in May and I immediately opened a new one. The first payment was taken but I can't see that a standing order has been setup. I thought this was done by FD automatically. Am I missing something?

Yes it should be set up automatically.  If you are using the app, tap "Move money", select the account, scroll down to "UK standing orders and direct debits" and it should be there.

chris_the_bee

DJDools said:

WillPS said:

DJDools said:

Oh dear

I attempted to 'renew' my BoS month saver using the technique below BUT...

Descrabled said:

The technique used is:

1 Empty the regular saver. 

2 Renew account to annother type of saver. 

3 Bank adds accrued interest.

4 Remove interest and close account. 

5 Bank provides closing statement. 

6 Open new regular saver if and when required. 

I got as far as empty the regular saver, and clicked on the 'renew account' to the right of said saver and got this screen — any idea what went wrong?

I daren't close the account, as I seem to remember BoS don't allow you to open another MS within 12 months (this one had a fair number of months left and I was hoping to fix in the rate to go well into next year).

I had similar issues trying to open some BoS accounts last week. I think there is a period after midnight when they won't go through, better to do it in daytime hours.

Thanks. Tried that as well as logging in and out (and again 10 times over at various intervals) and emptying caches etc... No go.

Perhaps it needs an overnight computer run to reset everything? Try again tomorrow.

Kim_13

Has anyone opened the 6 Month Regular Saver with Principality and not received a confirmation email from them?

Funded OK though.

allegro120

Kim_13 said:

Has anyone opened the 6 Month Regular Saver with Principality and not received a confirmation email from them?

Funded OK though.

I received mine in a couple of seconds after opening.

ircE

Principality BS 6 Month RS @ 8%

Sorry if already discussed but just wanted to check my understanding of the Ts and Cs is correct.

My account was opened yesterday, 20th June. I've put in £200 this week. I'll put in 5 x £200 at the start of the month July - November. That's £1200 in total. But then the account will stay open until it matures on 20th December (unless I choose to close it earlier). I.e. The total sum will be in there, earning 8%, for over a calendar month at the end before maturity? I don't think I've had a RS do that before.

wiseonesomeofthetime

ircE said:

Principality BS 6 Month RS @ 8%

Sorry if already discussed but just wanted to check my understanding of the Ts and Cs is correct.

My account was opened yesterday, 20th June. I've put in £200 this week. I'll put in 5 x £200 at the start of the month July - November. That's £1200 in total. But then the account will stay open until it matures on 20th December (unless I choose to close it earlier). I.e. The total sum will be in there, earning 8%, for over a calendar month at the end before maturity? I don't think I've had a RS do that before.

Take it you don't have the Beehive one then. My 12 months is 27 Jun, yet maturity is 31 July.

But I knew that when I opened it tbf.

And that is at a now relatively low RS rate of 6%