Regular Savings Accounts: The Best Currently Available List!

surreysaver

csw5780 said:

JamesRobinson48 said:

GetRichOrDieSaving said:

Thanks for the heads up on closing the Skipton RS Issue 2 to open the Issue 3 thus prolonging the fixed 7% maturity date. I’ve just done that successfully with ease and added an additional 10 months!!! 

Are there any other regular savers which have fixed rates and new issues in which the same gain can be achieved?

I can only see products being pulled and new issues released at lower rates as the BOE base rate drops further (presumably of course)…..

You could try closing, and then promptly reopening, the Principality BS 6 Month RS (8.00% AER). No guarantees that would work mind.

Did exactly that last night. New account open and funded today

How did you manage to close your Principality account? My six month regular saver isn't coming up with the option of closure?

OneUser1

I took the risk and closed my Principality 6 Month and - this was the risk - I have been able to open a new 6 Month. I was worrying between closing and reopening but now I’ve done it I am feeling smug!

Speculator

surreysaver said:

csw5780 said:

JamesRobinson48 said:

GetRichOrDieSaving said:

Thanks for the heads up on closing the Skipton RS Issue 2 to open the Issue 3 thus prolonging the fixed 7% maturity date. I’ve just done that successfully with ease and added an additional 10 months!!! 

Are there any other regular savers which have fixed rates and new issues in which the same gain can be achieved?

I can only see products being pulled and new issues released at lower rates as the BOE base rate drops further (presumably of course)…..

You could try closing, and then promptly reopening, the Principality BS 6 Month RS (8.00% AER). No guarantees that would work mind.

Did exactly that last night. New account open and funded today

How did you manage to close your Principality account? My six month regular saver isn't coming up with the option of closure?

Account services  ----> "close an account"

OneUser1

surreysaver said:

csw5780 said:

JamesRobinson48 said:

GetRichOrDieSaving said:

Thanks for the heads up on closing the Skipton RS Issue 2 to open the Issue 3 thus prolonging the fixed 7% maturity date. I’ve just done that successfully with ease and added an additional 10 months!!! 

Are there any other regular savers which have fixed rates and new issues in which the same gain can be achieved?

I can only see products being pulled and new issues released at lower rates as the BOE base rate drops further (presumably of course)…..

You could try closing, and then promptly reopening, the Principality BS 6 Month RS (8.00% AER). No guarantees that would work mind.

Did exactly that last night. New account open and funded today

How did you manage to close your Principality account? My six month regular saver isn't coming up with the option of closure?

On their webpage there should be a ‘sandwich’ (three small horizontal lines) which when clicked gives a drop down menu including ‘account services’ - One of which is ‘Close an account.’

Digital_Payback

OneUser1 said:

I took the risk and closed my Principality 6 Month and - this was the risk - I have been able to open a new 6 Month. I was worrying between closing and reopening but now I’ve done it I am feeling smug!

Did the same myself. Closed my Principality 6 Month Saver, due to mature next month, and opened a new one within about 90 mins. 

Does anyone know how long it takes for the Principality BS, on account closure, to transfer out the funds to an external account?

Speculator

Still waiting for the funds from my closed Principality 6 month reg. Received email at 11.10am today to say it will be in my nominated account by the end of the day.

ThePirates

Principality 6mth
Instructed a closure at 10pm last night, funds in my account at 10am and new account opened within minutes!

Stargunner

OneUser1 said:

I took the risk and closed my Principality 6 Month and - this was the risk - I have been able to open a new 6 Month. I was worrying between closing and reopening but now I’ve done it I am feeling smug!

Did you really need to be worrying about the approx £7 extra interest thst you would have missed out on if you couldn’t reopen it and had to put or leave your money in an EA account.

Speculator

Just opened  Lloyds monthly @ 5.25%.  Also, renewed and reopened the club lloyds monthly.

Rate on both is fixed and allows unlimited withdrawals.

trickydicky14

Principality 6 Month RS. 
I closed my account at about 1pm today 7th Nov, will I have to wait until tomorrow to re open a new account. It's now 4pm and it wont let me open a new account yet.