Regular Savings Accounts: The Best Currently Available List!

dcs34

Taking the risk on closing regular savers below 2.75%, watch them all up the rates next week and restrict new account openings for the unfaithful!

soulsaver

LBG never seem to add increase to existing RSs, though.

Daliah

dcs34 said:

Taking the risk on closing regular savers below 2.75%, watch them all up the rates next week and restrict new account openings for the unfaithful!

Those on fixed rates won't. And those who think they should punish their customers will come to regret it sooner or later.

MiserlyMartin

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!

Yep me too. Well the banks have only themselves to blame and we must teach them a lesson by voting with our feet and money. I'm opening a new account nearly every day. With ISAs finally, a better ISA is coming out all the time. Last week I transferred an isa to Paragon Bank for 1.9%, now I opened a new Coventry ISA 2.25% and requested a transfer in from Paragon only the same day the funds hit paragon!

Let these Banks scramble for our money, savers have suffered for decades and we are still at negative real rates

MiserlyMartin

wiseonesomeofthetime said:

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 🤦‍♂️

The BoE rate rise needs to be 0.75%, they chickened out last time and look what happened. If its 0.75% YBS needs to pass on the full rise, but mostly they and others only pass on a partial rise, so it will be 0.5% or something like that - 3% probably a good guess

soulsaver

Daliah said:

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.

And BoS, however, unlike Hfax, does allow w/ds direct from the RS, and subsequent closure at < £5.. 

soulsaver

SFindlay said:

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! 

It's not about the 13th payment: You dont get to £2650 from £200 pm.

SFindlay

soulsaver said:

Daliah said:

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.

And BoS, however, unlike Hfax, does allow w/ds direct from the RS, and subsequent closure at < £5.. 

However the OP wasn't asking about BoS, the question was in relation to Halifax so BoS terms are irrelevant!! 

SFindlay

soulsaver said:

SFindlay said:

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! 

It's not about the 13th payment: You dont get to £2650 from £200 pm.

You do if make 13 payments of £200 and get about £50 interest as OP didn't specify exactly £2650! 

soulsaver

SFindlay said:

soulsaver said:

Daliah said:

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.

And BoS, however, unlike Hfax, does allow w/ds direct from the RS, and subsequent closure at < £5.. 

However the OP wasn't asking about BoS, the question was in relation to Halifax so BoS terms are irrelevant!! 

It was info pertinent to the 'works the same as lloyds' comment.
Maybe I should ask you before I post if it's relevant in your opinion, shall I?