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Regular Savings Accounts: The Best Currently Available List!
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It will be moved out in 2-3 days. You can however unofficially transfer it back in and they won't move it back.trickydicky14 said:Santander Regular Saver.My Santander regular saver has just matured and the interest added.
Now I’m aware Santander tend to renew the reg savers without it being requested.
I stopped my standing order thinking that would put an end to the reg saver but no, I have a new one set up ‘Regular E Saver issue 12’ and all my savings from the previous one plus interest is within the account.
I expected the money to be moved out and start fresh, does this mean I could just use the account as an instant access account and continue to get 0.50% on my money, so month one onwards its 0.5% on £2400+
That can’t be correct, can it?
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But if I move it back, will they pay interest on it?Ed-1 said:
It will be moved out in 2-3 days. You can however unofficially transfer it back in and they won't move it back.trickydicky14 said:Santander Regular Saver.My Santander regular saver has just matured and the interest added.
Now I’m aware Santander tend to renew the reg savers without it being requested.
I stopped my standing order thinking that would put an end to the reg saver but no, I have a new one set up ‘Regular E Saver issue 12’ and all my savings from the previous one plus interest is within the account.
I expected the money to be moved out and start fresh, does this mean I could just use the account as an instant access account and continue to get 0.50% on my money, so month one onwards its 0.5% on £2400+
That can’t be correct, can it?
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.0 -
Most likely yes, 0.5%.trickydicky14 said:
But if I move it back, will they pay interest on it?Ed-1 said:
It will be moved out in 2-3 days. You can however unofficially transfer it back in and they won't move it back.trickydicky14 said:Santander Regular Saver.My Santander regular saver has just matured and the interest added.
Now I’m aware Santander tend to renew the reg savers without it being requested.
I stopped my standing order thinking that would put an end to the reg saver but no, I have a new one set up ‘Regular E Saver issue 12’ and all my savings from the previous one plus interest is within the account.
I expected the money to be moved out and start fresh, does this mean I could just use the account as an instant access account and continue to get 0.50% on my money, so month one onwards its 0.5% on £2400+
That can’t be correct, can it?
Relatively ok for instant access but you can get better in other regular savers0 -
This happened to me even though I'd stopped the standing order - it become a new saver at 0.5% and the balance moved to my current account after about 2 days. I then decided to close the 'new' saver and got an extra 10p in interest!trickydicky14 said:Santander Regular Saver.My Santander regular saver has just matured and the interest added.
Now I’m aware Santander tend to renew the reg savers without it being requested.
I stopped my standing order thinking that would put an end to the reg saver but no, I have a new one set up ‘Regular E Saver issue 12’ and all my savings from the previous one plus interest is within the account.
I expected the money to be moved out and start fresh, does this mean I could just use the account as an instant access account and continue to get 0.50% on my money, so month one onwards its 0.5% on £2400+
That can’t be correct, can it?
1 -
Yes, it's a relatively unknown loophole. I don't know how high it allows the balance to be but I've transferred £2,650 in as an initial lump sum for 5% in the past.trickydicky14 said:
But if I move it back, will they pay interest on it?Ed-1 said:
It will be moved out in 2-3 days. You can however unofficially transfer it back in and they won't move it back.trickydicky14 said:Santander Regular Saver.My Santander regular saver has just matured and the interest added.
Now I’m aware Santander tend to renew the reg savers without it being requested.
I stopped my standing order thinking that would put an end to the reg saver but no, I have a new one set up ‘Regular E Saver issue 12’ and all my savings from the previous one plus interest is within the account.
I expected the money to be moved out and start fresh, does this mean I could just use the account as an instant access account and continue to get 0.50% on my money, so month one onwards its 0.5% on £2400+
That can’t be correct, can it?
2 -
colsten yes I take that on board thanks but I think I have something like 15 regular savers on the go just now so not much left to get so I thought if I could keep a bit of cash in a 0.5% instant access account I would.colsten said:
Most likely yes, 0.5%.trickydicky14 said:
But if I move it back, will they pay interest on it?Ed-1 said:
It will be moved out in 2-3 days. You can however unofficially transfer it back in and they won't move it back.trickydicky14 said:Santander Regular Saver.My Santander regular saver has just matured and the interest added.
Now I’m aware Santander tend to renew the reg savers without it being requested.
I stopped my standing order thinking that would put an end to the reg saver but no, I have a new one set up ‘Regular E Saver issue 12’ and all my savings from the previous one plus interest is within the account.
I expected the money to be moved out and start fresh, does this mean I could just use the account as an instant access account and continue to get 0.50% on my money, so month one onwards its 0.5% on £2400+
That can’t be correct, can it?
Relatively ok for instant access but you can get better in other regular savers
Just need to be sure Santander would pay out.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.0 -
Hi SS2,The Lloyds Monthly Saver in post 6 is still showing as 1% - it's 0.75% now and I think should be removed as your post on the 28th March.Do Money Saving sites make you buy more bargains - and spend more money?1
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The Lloyds CLUB monthly saver is 1%.ctdctd said:Hi SS2,The Lloyds Monthly Saver in post 6 is still showing as 1% - it's 0.75% now and I think should be removed as your post on the 28th March.0 -
10_66 said:
The Lloyds CLUB monthly saver is 1%.ctdctd said:Hi SS2,The Lloyds Monthly Saver in post 6 is still showing as 1% - it's 0.75% now and I think should be removed as your post on the 28th March.
Which is why I didn't put CLUB in my post.
Do Money Saving sites make you buy more bargains - and spend more money?0
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