Regular Savings Accounts: The Best Currently Available List!

ForumUser7

chris_the_bee said:

The new Santander eSaver easy access deposit account at 2.75% has just made 90% of my existing regular savers redundant. It will also limit the traffic on this forum, at least for a while.

Typically, regular savers have much higher rates than easy access. There will likely be less traffic for a couple of weeks, but hopefully regular saver accounts rates massively increase above the easy access again soon

SFindlay

soulsaver said:

SFindlay said:

soulsaver said:

karlie88 said:

Transferred over £2650  from santander monthly saver that was earning 2.5% (must have missed the newer 2.75% acc) to their new easy access account.

Re: amount, if you know, you know.

You can pay the whole of the last maturing RS in on the first payment of the new? I could never get it to work.

It's been transferred to new easy access account not RS.

Obviously. But her(?) tease is about how come she has more than 12 monthly payments earning in a Santander 12 month Reg Saver, max £2400.

Only the overly sensitive people around would  find that a tease, it used to be that we could freely give tips about making a 13th payment on acxounts until these very same overly sensitive people objected to that too!! Now subtle hints seem to cause a problem to some! 

SFindlay

soulsaver said:

chris_the_bee said:

Nick_C said:

Anyone else trying to close the Halifax Regular Saver?

I couldn't see a way to close the account on line, but you can "renew" the account to an everyday saver, and then transfer all the funds to your current account.

I seem to remember you have to phone them.

No you don't. See my earlier reply.

Soulsaver your earlier reply you refer to says "

You can close it on line under 'account services' - balance must be <£5 so w/d down to that first."

However Halifax Regular Saver does not allow withdrawals except upon closure so its not possible to withdraw down to a balance of less than £5 so its impossible to follow your advice. 

EssexHebridean

Great tip on the new Santander EA account - thank you! 

Daliah

SFindlay said:

soulsaver said:

chris_the_bee said:

Nick_C said:

Anyone else trying to close the Halifax Regular Saver?

I couldn't see a way to close the account on line, but you can "renew" the account to an everyday saver, and then transfer all the funds to your current account.

I seem to remember you have to phone them.

No you don't. See my earlier reply.

Soulsaver your earlier reply you refer to says "

You can close it on line under 'account services' - balance must be <£5 so w/d down to that first."

However Halifax Regular Saver does not allow withdrawals except upon closure so its not possible to withdraw down to a balance of less than £5 so its impossible to follow your advice. 

You reduce its  balance by ”renewing” it into an esaver. Balance plus interest earned gets moved. Then take the money out of the esaver (might have to go via a current account). I think it only works in online banking, not in the app

Works the same at Lloyds.

youngretired

Can you close a Santander regular saver without opening a new 2.75%. I know the T&C's state that you can close your old 2.5% to take out the new 2.75%, but what if you just want to close it as you now have the 2.75% E-Saver? I can't find anything about being able to close the account apart from within 14 days cooling off period or maturity. Has anyone actually closed the old 2.5% regular saver and not open the new 2.75%?

bristolleedsfan

youngretired said:

 Has anyone actually closed the old 2.5% regular saver and not open the new 2.75%?

Yes ,,,,,,,,,

RG2015

youngretired said:

Can you close a Santander regular saver without opening a new 2.75%. I know the T&C's state that you can close your old 2.5% to take out the new 2.75%, but what if you just want to close it as you now have the 2.75% E-Saver? I can't find anything about being able to close the account apart from within 14 days cooling off period or maturity. Has anyone actually closed the old 2.5% regular saver and not open the new 2.75%?

I requested it earlier today in the online chat bot. It said it may take 2 days but it is now complete with the balance plus accrued interest now in my 123 Lite account.

Just about to move it to my  new easy access 2.75% account.

trickydicky14

Well, this is starting to get silly, I’ve only just dumped loads of cash into my YBS six access account at 2.5% so off we go again, next station we will be calling at is Santander hold on tight and mind the gap!

wiseonesomeofthetime

trickydicky14 said:

Well, this is starting to get silly, I’ve only just dumped loads of cash into my YBS six access account at 2.5% so off we go again, next station we will be calling at is Santander hold on tight and mind the gap!

And watch YBS increase their's to 3.0% after the Nov BoE meeting announcement 🤣

I have left my YBS money there, for the moment.

0.25% for 4-6 weeks is not a lot for what is in there and saves wasting a withdrawal.

Edit: Oops, just noticed this is the RS thread. Off topic really 🤦‍♂️