We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Regular Savings Accounts: The Best Currently Available List!

15635645665685691699

Comments

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    DragonQ said:
    Is it worth waiting until next month before opening any of these regular savers (as we all know rates will rise again)? Or is this likely the best offer from Lloyds for a while?
    There is no good reason to wait. It is an unlimited withdrawal. If something come up better than Lloyds, just withdraw it to minimum balance and adjust your SO to minimum as well.
    If something better come up from Lloyds RSA, Just renew this RSA to easy saver and then reapply the new one.

  • kaMelo
    kaMelo Posts: 2,889 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 19 October 2022 at 1:30AM
    Lloyds only require a minimum balance of £25, there is no requirement for any ongoing monthly payment after this initial deposit but any you do make must be at least £25.
  • ForumUser7
    ForumUser7 Posts: 2,525 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Nationwide Start to Save Issue 2 up from 3% to 3.5% from 1st November
    Ok, this is great news -> funny that me and cricidmuslibale were literally voicing our disappointment at nationwide's failure to pass on the recent rate increase this morning 😂
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • soulsaver
    soulsaver Posts: 6,741 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 19 October 2022 at 11:17AM
    Frustratingly Halifax is only offering me the 2.5% rate for their Reg Saver after the usual process to close the old. However their processes won't let me close the replacement everyday saver on line, if that's connected? 
  • ForumUser7
    ForumUser7 Posts: 2,525 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    soulsaver said:
    Frustratingly Halifax is only offering me the 2.5% rate for their Reg Saver after the usual process to close the old. However their processes won't let me close the replacement everyday saver on line, if that's connected? 
    For some reason, Halifax didn't increase their regular saver rate yesterday despite Lloyds and Bank of Scotland doing so - it remains 2.5%


    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • soulsaver
    soulsaver Posts: 6,741 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 19 October 2022 at 11:30AM
    Daliah said:

    I did this last week at BOS, Halifax and Lloyds, on accounts which were only 3 or 4 months old.

    I have just now opened and funded the new account, with the new rates, at both BOS and Lloyds. The 12-months rule one the website is clearly not enforced by their systems  B)
    @ForumUser7 I'm kind of glad it's not just me...
  • Good deal on the Lloyds Club regular saver today at 5.25%.

    Took less than 300 seconds to set up and fund and see it earning interest 
  • ForumUser7
    ForumUser7 Posts: 2,525 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    soulsaver said:
    Daliah said:

    I did this last week at BOS, Halifax and Lloyds, on accounts which were only 3 or 4 months old.

    I have just now opened and funded the new account, with the new rates, at both BOS and Lloyds. The 12-months rule one the website is clearly not enforced by their systems  B)
    @ForumUser7 I'm kind of glad it's not just me...
    Yeah, in relation to your post before the edit, Daliah's post 18 October at 11:33AM mentions that they then opened the BOS and Lloyds accounts again, not Halifax. Hopefully Halifax increases their rate to match soon, but it could be a different product - 'regular saver' vs 'monthly saver'. I am minded to think this too given the terms are different such as no withdrawals without penalty free closure, rather than unlimited withdrawals.
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.