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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • gravel_2
    gravel_2 Posts: 659 Forumite
    Eighth Anniversary 500 Posts Name Dropper Combo Breaker
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
  • kippo1
    kippo1 Posts: 549 Forumite
    Part of the Furniture 100 Posts
    "Not sure why you would want to open the members R.S @ 3.5%"

    i think you must of misread my post it's the 6% regular saver which i opened up online
    and didnt have to go into a branch to open
    it's funded with the 6% applied in the account detail page
  • J63320
    J63320 Posts: 203 Forumite
    Third Anniversary 100 Posts Name Dropper
    gravel_2 said:
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
    If you mean close a matured account and open a new one, Yes. My issue 2 matured yesterday. My Maturity instructions were to transfer the funds to my other Skipton account. I’ve just used the app to check that’s happened, open Issue 3 and make the first payment by transfer from that other account.
  • thefrank
    thefrank Posts: 266 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    edited 6 November 2024 at 9:07AM
    gravel_2 said:
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
    If the Regular Saver 7% is still on offer (at 8am today it was indeed) you can. I have done it so many times
  • kippo1 said:
    "Not sure why you would want to open the members R.S @ 3.5%"

    i think you must of misread my post it's the 6% regular saver which i opened up online
    and didnt have to go into a branch to open
    it's funded with the 6% applied in the accouount detail page
    In your post you talked about opening two R.S's so I thought you wanted one of each as you can't have two the same. So then I thought why would you put money in a 3.5% that was my thinking.
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • 10_66
    10_66 Posts: 3,527 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    kippo1 said:
    "Not sure why you would want to open the members R.S @ 3.5%"

    i think you must of misread my post it's the 6% regular saver which i opened up online
    and didnt have to go into a branch to open
    it's funded with the 6% applied in the accouount detail page
    In your post you talked about opening two R.S's so I thought you wanted one of each as you can't have two the same. So then I thought why would you put money in a 3.5% that was my thinking.
    Market Harborough
    It only states on the summary that: "Customers may only have two Fixed Term Regular Saver accounts open at a time, either solely or jointly, with a combined maximum deposit of £250 per month not exceeding the maximum balance of £3,750"
  • gravel_2
    gravel_2 Posts: 659 Forumite
    Eighth Anniversary 500 Posts Name Dropper Combo Breaker
    J63320 said:
    gravel_2 said:
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
    If you mean close a matured account and open a new one, Yes. My issue 2 matured yesterday. My Maturity instructions were to transfer the funds to my other Skipton account. I’ve just used the app to check that’s happened, open Issue 3 and make the first payment by transfer from that other account.
    No, sorry. In the past the account can be closed mid-term and immediately reopened at same rate with a new maturity date.
  • Gers
    Gers Posts: 13,746 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    gravel_2 said:
    J63320 said:
    gravel_2 said:
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
    If you mean close a matured account and open a new one, Yes. My issue 2 matured yesterday. My Maturity instructions were to transfer the funds to my other Skipton account. I’ve just used the app to check that’s happened, open Issue 3 and make the first payment by transfer from that other account.
    No, sorry. In the past the account can be closed mid-term and immediately reopened at same rate with a new maturity date.

    I've just closed the RS2 and opened a RS3 within minutes. Good to get the maturity date move further along the year.
  • friolento
    friolento Posts: 3,572 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    Gers said:
    gravel_2 said:
    J63320 said:
    gravel_2 said:
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
    If you mean close a matured account and open a new one, Yes. My issue 2 matured yesterday. My Maturity instructions were to transfer the funds to my other Skipton account. I’ve just used the app to check that’s happened, open Issue 3 and make the first payment by transfer from that other account.
    No, sorry. In the past the account can be closed mid-term and immediately reopened at same rate with a new maturity date.

    I've just closed the RS2 and opened a RS3 within minutes. Good to get the maturity date move further along the year.

    I am unable to close my existing account as "Withdraw all funds and close account" is greyed out. Is there a trick I am missing?
  • csw5780
    csw5780 Posts: 160 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper
    friolento said:
    Gers said:
    gravel_2 said:
    J63320 said:
    gravel_2 said:
    Still possible to close then immediately reopen Skipton Member Regular Saver? 
    If you mean close a matured account and open a new one, Yes. My issue 2 matured yesterday. My Maturity instructions were to transfer the funds to my other Skipton account. I’ve just used the app to check that’s happened, open Issue 3 and make the first payment by transfer from that other account.
    No, sorry. In the past the account can be closed mid-term and immediately reopened at same rate with a new maturity date.

    I've just closed the RS2 and opened a RS3 within minutes. Good to get the maturity date move further along the year.

    I am unable to close my existing account as "Withdraw all funds and close account" is greyed out. Is there a trick I am missing?
    You need to set up your nominated account via online login menu. 
This discussion has been closed.
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