Regular Savings Accounts: The Best Currently Available List!

ColdIron

The interest is calculated daily and if you close the account all interest accrued will be paid at that time

finspaniard

Can you hold a Lloyds Club RS and a normal regular saver at the same time?

Bridlington1

finspaniard said:

Can you hold a Lloyds Club RS and a normal regular saver at the same time?

Yes you can. I am living proof of this.

changearound1

finspaniard said:

Can you hold a Lloyds Club RS and a normal regular saver at the same time?

Yes you can.

soulsaver

Wheres_My_Cashback said:

Opened all 4 LBG accounts and funded as they only take about 20 seconds each to do so, though 2 I shouldn't have been able to open due the 12 month rule.

Won't be expecting to keep these longer than 3/4 months as I'm sure current/new accounts elsewhere will soon overtake them with pending BoE rate rises.

Let us know if you get sanctioned, plse. They froze mine for 12 months for some related rule breaking that escapes me now. 

where_are_we

Quickest way to open new Club Lloyds Monthly Saver - log on - check you do not already have a CLMS running - savings and investments - click on "compare savings " - scroll down to CLMS - find out more - apply now. Same if you want to open Lloyds Monthly Saver. And  as been mentioned earlier you can have one CLMS and one LMS. Withdrawals allowed with no loss of interest on both accounts. Also as has been mentioned Bank of Scotland pays 2.5% on their Monthly saver with no loss of interest on withdrawals. Halifax also have a 2.5% Monthly saver but strangely they do not allow easy withdrawals but you can close the account with no loss of interest. You can only have one of all these MS`s. I will be availing myself of each one. It will be strange to log back into BOS after so long!

where_are_we

Remember that you must have a Lloyds, Halifax, or BOS current account to be eligible for the new MS`s.

where_are_we

Thanks James! You are correct. Along with no withdrawals (although early closure is allowed) that makes 2 major differences that Halifax MS has on the rest of the group. Also the Club Lloyds MS is £400 maximum a month and the rest are £250.

easysaver

Lloyds/Halifax/Bank of Scotland
I'd normally open these but I'm holding off due to the impending base rate rise on 22nd September. A Reuters poll had 40/47 economists expecting 0.5% rise, with the other 7 at 0.75%.  The top easy access is 0.35% above the current base rate, if that is repeated we could see easy access at 2.6% (or more) in a week or two.  [FWIW the situation in the US is similar, although most expect 0.75% with some at 1%]
The restriction of only being allowed to open one regular saver per 12 months really gets in the way unlike, for example, Principality where you can open (and close early, if required) one Issue #.

chris_the_bee

The restriction of only being allowed to open one regular saver per 12 months doesn't seem to apply to Halifax RS. I opened RS on 24th Jan and 6th April and closed them on 29th March and 23rd May respectively all in 2022. Also opened a new one yesterday. Log in online, then select 'Savings & Investments' then 'Compare savings accounts', then 'Fixed term'. If the RS is shown as an option for you, then you can open one.

easysaver said:

Lloyds/Halifax/Bank of Scotland
I'd normally open these but I'm holding off due to the impending base rate rise on 22nd September. A Reuters poll had 40/47 economists expecting 0.5% rise, with the other 7 at 0.75%.  The top easy access is 0.35% above the current base rate, if that is repeated we could see easy access at 2.6% (or more) in a week or two.  [FWIW the situation in the US is similar, although most expect 0.75% with some at 1%]
The restriction of only being allowed to open one regular saver per 12 months really gets in the way unlike, for example, Principality where you can open (and close early, if required) one Issue #.