Regular Savings Accounts: The Best Currently Available List!

typistretired

arsenalboy said:

I want to close my TSB monthly saver due to interest rate now too low.

With most online accounts with other providers there is an option to "close" the account and it will than add interest.

However, it is only giving me the option to "transfer" money. How do I actually close it? 

You can ask them to close via their chat line

arsenalboy

Thanks for TSB replies, I will try chat line first but from past experience of banking chat lines, they will only advise and not action. They will probably direct me to the App but I will probably end up transferring out and waiting 9 months for my £2 interest!

ColdIron

If you don't mind waiting you could phone them, I closed mine and a couple of old savers last Wednesday

Wheres_My_Cashback

arsenalboy said:

Thanks for TSB replies, I will try chat line first but from past experience of banking chat lines, they will only advise and not action. They will probably direct me to the App but I will probably end up transferring out and waiting 9 months for my £2 interest!

I closed my a/c earlier today via chat, even though I'd removed funds a long time ago.

From commencing initial chat (6 minutes) to closure and interest paid it took 73 minutes even though they 'aimed to close in 2-3 days'.

arsenalboy

Wheres_My_Cashback said:

arsenalboy said:

Thanks for TSB replies, I will try chat line first but from past experience of banking chat lines, they will only advise and not action. They will probably direct me to the App but I will probably end up transferring out and waiting 9 months for my £2 interest!

I closed my a/c earlier today via chat, even though I'd removed funds a long time ago.

From commencing initial chat (6 minutes) to closure and interest paid it took 73 minutes even though they 'aimed to close in 2-3 days'.

thanks for that

Qyburn

For those with the TSB regular saver, how strictly do they enforce the standing order requirement? I don't keep money or receive income into the TSB current account so would prefer to make payments by FP from Lloyds. I suppose I could have a really small SO of the minimum £25/m and pay in the other £225 from Lloyds. Would that be accepted? I just don't like the idea of a SO paid from an account I have to remember to manually top up. 

ColdIron

I used Chase until I closed the RS due to the 2.50% rate

Band7

Qyburn said:

For those with the TSB regular saver, how strictly do they enforce the standing order requirement? I don't keep money or receive income into the TSB current account so would prefer to make payments by FP from Lloyds. I suppose I could have a really small SO of the minimum £25/m and pay in the other £225 from Lloyds. Would that be accepted? I just don't like the idea of a SO paid from an account I have to remember to manually top up. 

You can have your SO at any current account you like.  

Bridlington1

Qyburn said:

For those with the TSB regular saver, how strictly do they enforce the standing order requirement? I don't keep money or receive income into the TSB current account so would prefer to make payments by FP from Lloyds. I suppose I could have a really small SO of the minimum £25/m and pay in the other £225 from Lloyds. Would that be accepted? I just don't like the idea of a SO paid from an account I have to remember to manually top up. 

I only made the first payment by SO, the rest were all done by manual transfer from my TSB current account.

adindas

Qyburn said:

For those with the TSB regular saver, how strictly do they enforce the standing order requirement? I don't keep money or receive income into the TSB current account so would prefer to make payments by FP from Lloyds. I suppose I could have a really small SO of the minimum £25/m and pay in the other £225 from Lloyds. Would that be accepted? I just don't like the idea of a SO paid from an account I have to remember to manually top up. 

For TSB it is easy access. All you need is £25 (?) stay in the account. For monthly requirement you could transfer £25 manually or SO and transfer it back at the same day.

You could also do SO on both sides, but just need a slack of a few days so you account will not be overdrawn.