Regular Savings Accounts: The Best Currently Available List!

masonic

allegro120 said:

Bridlington1 said:

masonic said:

Issue with Halifax early closure is that it requires a branch visit IIRC.

Unless you renew the account into an EA account, which can be done online without penalty. From there you can close the account in online banking.

Halifax.
If my memory is not failing me, when they increased the rate last time I was able to close old and open new RS online without any "renewal" tricks.

Strange, mine eventually reached maturity this month, and is now going to sit there empty for a year, because I have no option to either "renew" it or close it without visiting a branch, which I can't be bothered to do.

allegro120

Kim_13 said:

My experience with Nationwide has been that a deposit on Saturday will credit that day, but a Sunday deposit (or after whatever is the cut off time on Saturday) is treated as received on Monday.

Displayed or treated? LGB displays next working day, but the interest accrues from the date the funds landed in the account.

allegro120

masonic said:

allegro120 said:

Bridlington1 said:

masonic said:

Issue with Halifax early closure is that it requires a branch visit IIRC.

Unless you renew the account into an EA account, which can be done online without penalty. From there you can close the account in online banking.

Halifax.
If my memory is not failing me, when they increased the rate last time I was able to close old and open new RS online without any "renewal" tricks.

Strange, mine eventually reached maturity this month, and is now going to sit there empty for a year, because I have no option to either "renew" it or close it without visiting a branch, which I can't be bothered to do.

Looked at my records. My 4.5% was opened on 9 Nov 22 and 5.5% on 15 March 23 and I'm absolutely sure I didn't have to visit branch for this. Things must have changed.

masonic

allegro120 said:

masonic said:

allegro120 said:

Bridlington1 said:

masonic said:

Issue with Halifax early closure is that it requires a branch visit IIRC.

Unless you renew the account into an EA account, which can be done online without penalty. From there you can close the account in online banking.

Halifax.
If my memory is not failing me, when they increased the rate last time I was able to close old and open new RS online without any "renewal" tricks.

Strange, mine eventually reached maturity this month, and is now going to sit there empty for a year, because I have no option to either "renew" it or close it without visiting a branch, which I can't be bothered to do.

Looked at my records. My 4.5% was opened on 9 Nov 22 and 5.5% on 15 March 23 and I'm absolutely sure I didn't have to visit branch for this. Things must have changed.

I have figured out the issue. It is because I have two Halifax profiles. For some reason this account was associated with a profile I haven't used for years, and when I logged into that I was able to renew and close the account.

chris_the_bee

allegro120 said:

masonic said:

allegro120 said:

Bridlington1 said:

masonic said:

Issue with Halifax early closure is that it requires a branch visit IIRC.

Unless you renew the account into an EA account, which can be done online without penalty. From there you can close the account in online banking.

Halifax.
If my memory is not failing me, when they increased the rate last time I was able to close old and open new RS online without any "renewal" tricks.

Strange, mine eventually reached maturity this month, and is now going to sit there empty for a year, because I have no option to either "renew" it or close it without visiting a branch, which I can't be bothered to do.

Looked at my records. My 4.5% was opened on 9 Nov 22 and 5.5% on 15 March 23 and I'm absolutely sure I didn't have to visit branch for this. Things must have changed.

Halifax
I think you have to use their chatbot to close the old one. Then you can open another the following day.

masonic

JamesRobinson48 said:

allegro120 said:

Displayed or treated? LGB displays next working day, but the interest accrues from the date the funds landed in the account.

What are these LGB displays?  Have you posted on the correct forum?

Probably LBG, as in Lloyds Banking Group, who display transactions dated the next working day at weekends.

jameseonline

allegro120 said:

jameseonline said:

allegro120 said:

jameseonline said:

I opened mine with £200 today it's been credited with tomorrow's date.

I've made the same mistake.  I forgot to look at my spreadsheet where it is clearly stated "NO" for weekend deposits.  Not a big deal, only about 3.5p loss I think

I'm not bothered about that to be honest it's something that I feel needed to be done, plus if they do pull the account tomorrow or whatever I've protected myself 

The same here. I open them as soon as they become available, but you don't have to fund them straight away to secure the product.

Yeah but it's best to open and fund it to max straight away though 😜

trickydicky14

jameseonline said:

allegro120 said:

jameseonline said:

allegro120 said:

jameseonline said:

I opened mine with £200 today it's been credited with tomorrow's date.

I've made the same mistake.  I forgot to look at my spreadsheet where it is clearly stated "NO" for weekend deposits.  Not a big deal, only about 3.5p loss I think

I'm not bothered about that to be honest it's something that I feel needed to be done, plus if they do pull the account tomorrow or whatever I've protected myself 

The same here. I open them as soon as they become available, but you don't have to fund them straight away to secure the product.

Yeah but it's best to open and fund it to max straight away though 😜

Yes if you can afford it, that’s stating the obvious

Sarahspangles

I had both Nationwide and YBS maturing around now and the interest was added today.

I could transfer out my Nationwide savings but not close the account, nor open a new one which needs to wait for tomorrow.
YBS ran more smoothly with the account closed and a new one opened. I could have funded it today as well, but opted to set up a SO which will transfer tomorrow and then in future on the 1st.

What didn’t go as smoothly with YBS is that they deducted today’s interest because maturity is actually tomorrow. That’s 45p I’m unreasonably grumpy about!

jameseonline

trickydicky14 said:

jameseonline said:

allegro120 said:

jameseonline said:

allegro120 said:

jameseonline said:

I opened mine with £200 today it's been credited with tomorrow's date.

I've made the same mistake.  I forgot to look at my spreadsheet where it is clearly stated "NO" for weekend deposits.  Not a big deal, only about 3.5p loss I think

I'm not bothered about that to be honest it's something that I feel needed to be done, plus if they do pull the account tomorrow or whatever I've protected myself 

The same here. I open them as soon as they become available, but you don't have to fund them straight away to secure the product.

Yeah but it's best to open and fund it to max straight away though 😜

Yes if you can afford it, that’s stating the obvious

Well yeah it is but like I said before I went from 1 Nationwide ending (which I got an extra £200 payment in) to starting a new issue so obviously had the funds to fully fund to the max

I'm not sure if the person earlier was in same situation or just wanted to open because they worried it won't be available hense why I edited my reply a few times.