Regular Savings Accounts: The Best Currently Available List!

dcs34

ForumUser7 said:

aaj123 said:

Bridlington1 said:

Section62 said:

aaj123 said:

t1redmonkey said:

Also didn't realise you could have multiple RS issues with Principality so got 2 on the go now, thanks 

Do you have a link to Issue 31 now? Is not on the website any more and I have already opened an issue 32 this morning. 

Usually the older issue goes NLA on the launch of the new issue.

Though with principality the link never goes dead. Try:
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6076#!

Does it mean all their legacy products remain technically available if one happens to have saved an old link?

Yes, but some of the rates have reduced to maturity rates. For example their RSBI2 payed like 0.65% when I tried to open it, but much more before

Do they actually let you operate the account though, and pay interest? Or is it a case that the system will let you open it, but some member of staff will eventually come along and close it for you?

ForumUser7

dcs34 said:

ForumUser7 said:

aaj123 said:

Bridlington1 said:

Section62 said:

aaj123 said:

t1redmonkey said:

Also didn't realise you could have multiple RS issues with Principality so got 2 on the go now, thanks 

Do you have a link to Issue 31 now? Is not on the website any more and I have already opened an issue 32 this morning. 

Usually the older issue goes NLA on the launch of the new issue.

Though with principality the link never goes dead. Try:
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6076#!

Does it mean all their legacy products remain technically available if one happens to have saved an old link?

Yes, but some of the rates have reduced to maturity rates. For example their RSBI2 payed like 0.65% when I tried to open it, but much more before

Do they actually let you operate the account though, and pay interest? Or is it a case that the system will let you open it, but some member of staff will eventually come along and close it for you?

I don't know. I held it for 1 day, and then when I noticed that it was a maturity rate and not the ~6% I'd expected, I closed it. The interest accrued would've been £0.00035616 - hence not payable. I did call and ask for a copy of the account summary box/ts and cs, and they said they couldn't find it, but didn't bat an eyelid.

JamesPeter

Darlington Building Society - The Green Regular Saver (listed on page 1 of this thread) is no longer listed as available on the Darlington BS website and is now listed in the 'closed RS' area of their website:

https://www.darlington.co.uk/savings-accounts/closed-savings-accounts/

aaj123

Duh. Saffron closed the Members regular saver account I had opened due to a manual review that found I was not an existing member. Well okay, gained about a quid of interest that's been included in the refund.

Nevergonnaretire

I foolishly messaged Halifax when the new Regular saver was announced to see if I could renew but was told I couldn't and if I closed the existing one I'd lose any interest.

Of course this was before I saw this thread so I've just 'renewed' my existing to an everyday saver, moved out the money (including small amount of interest which was there immediately) and opened the new one. Took 5 mins max! Thanks to all you knowledgeable types on here who are far more helpful than Halifax staff it would seem

ForumUser7

Nevergonnaretire said:

I foolishly messaged Halifax when the new Regular saver was announced to see if I could renew but was told I couldn't and if I closed the existing one I'd lose any interest.

Of course this was before I saw this thread so I've just 'renewed' my existing to an everyday saver, moved out the money (including small amount of interest which was there immediately) and opened the new one. Took 5 mins max! Thanks to all you knowledgeable types on here who are far more helpful than Halifax staff it would seem

I also messaged Halifax, and they said it was not possible. I asked them where in the ts and cs it said that, and then another agent came on the chat and apologised saying I was misinformed before, and that it was possible. Halifax allows closure and reopening - the ts and cs do not prevent it like they do for Lloyds and Bank of Scotland. The agent then closed it for me, and interest was paid in full. I then opened the new one online.

I think perhaps chat employees serve all 3 brands, so get mixed up from time to time

Newly_retired

I hav just had a letter from Lloyds Bank inviting me to apply for a Club Lloyds RS! I closed one a few months ago, so this contradicts their own T & C that you cannot open a CLRS if you have had one in the previous 12 m.

ForumUser7

Newly_retired said:

I hav just had a letter from Lloyds Bank inviting me to apply for a Club Lloyds RS! I closed one a few months ago, so this contradicts their own T & C that you cannot open a CLRS if you have had one in the previous 12 m.

It depends when you opened it - the rule is that if you open a CLRS, you can close it, but cannot open a new one until 12 months have passed since you opened the original one - the rule doesn't mean it affects you if you held one at all.

I.e. open on 25th August 2021, matured on 25th August 2022, you could certainly open another one now, despite being a CLRS holder less than a year ago, as you opened it more than 12 months ago.
open on 25th August 2022, closed on 23rd March 2023, the rules state you could not open another one now, as you opened one less than a year ago

There is a loophole, which you may have seen

allegro120

Newly_retired said:

I hav just had a letter from Lloyds Bank inviting me to apply for a Club Lloyds RS! I closed one a few months ago, so this contradicts their own T & C that you cannot open a CLRS if you have had one in the previous 12 m.

The same happened to me few months ago. I thought the invitation e-mail was a mistake, but it wasn't, I've opened new Club RS.

ChewyyBacca

nomorekids said:

Principality Issue 32 is up now

1 Year Regular Saver Bond (principality.co.uk)

For the above mentioned product
The Tariff document states: Telegraphic Transfer fee: £8

Pardon my ignorance, Is it the same as the electronic transfer fee?