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Regular Savings Accounts: The Best Currently Available List!

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  • pokemaster
    pokemaster Posts: 273 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    You can do it yourself in the app by renewing it to a everyday saver
  • Bridlington1
    Bridlington1 Posts: 3,764 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    LZC said:
    How easy is it to close the Halifax RS? There doesn’t seem much point in keeping it at 4.5% when you can get easy access at 5%. 

    If I message them on the app how long will it take them to close it?
    Don't close it directly. Your best bet is to log into online banking and renew it into an EA account, then close it from there (takes very little time at all). Plus due to a quirk in LBG's technical systems you should then be able to open a new regular saver at 5.5%.
  • ColdIron
    ColdIron Posts: 9,851 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    If you close it you won't be able open another for 12 months after the starting date
    If you 'renew' it to some easy access account it will be immediate and you leave the door open to open another one whenever you want
  • Alicon88
    Alicon88 Posts: 32 Forumite
    10 Posts First Anniversary
    where would you recommend, given the actual situation, to invest about 25-30k?
    EA with tandem is 5%, Monument has 5.5% at 6 months, and Atom 6% at 1 year.
    I have majority of my investment blocked in a 1 year fixed rate at 5% and just don't want to do the mistake again of rushing and then better interests come up

    For this amount of money I am talking about there is no much difference probably between 5 and 5.5?
  • pepsi_max2k
    pepsi_max2k Posts: 400 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Alicon88 said:
    where would you recommend, given the actual situation, to invest about 25-30k?
    EA with tandem is 5%, Monument has 5.5% at 6 months, and Atom 6% at 1 year.
    I have majority of my investment blocked in a 1 year fixed rate at 5% and just don't want to do the mistake again of rushing and then better interests come up

    For this amount of money I am talking about there is no much difference probably between 5 and 5.5?
    Fixes have been hovering around 6% for a quite a while now, and seemed to have peaked a month ago at 5% fix for over 5 years (7 years is now 4.5%). Just down to when you need access to the cash; if in the next few months then EA, otherwise lock it for as long as you're happy. There will be small increases likely but I can't see anything major, and if there is then it's likely to stick around in to next year.
  • twadds123
    twadds123 Posts: 96 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Bridlington1 said:
    LZC said:
    How easy is it to close the Halifax RS? There doesn’t seem much point in keeping it at 4.5% when you can get easy access at 5%. 

    If I message them on the app how long will it take them to close it?
    Don't close it directly. Your best bet is to log into online banking and renew it into an EA account, then close it from there (takes very little time at all). Plus due to a quirk in LBG's technical systems you should then be able to open a new regular saver at 5.5%.

    does this work for all LBG regular savers?  all my BOS, Halifax, Loyds regular savers are below what the new ones are.
    If you "renew" it to an Easy Access account do you get the interest straight away or still at the end of what would have been the 12 months?  thanks
  • friolento
    friolento Posts: 2,447 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    twadds123 said:

    does this work for all LBG regular savers?  


    yes


    twadds123 said:
     
    If you "renew" it to an Easy Access account do you get the interest straight away or still at the end of what would have been the 12 months?  thanks
    Straight away




  • t1redmonkey
    t1redmonkey Posts: 945 Forumite
    Part of the Furniture 500 Posts Energy Saving Champion Home Insurance Hacker!
    Bit of a long shot but does anyone here have PDF's and/or Key Features saved for the Monmouthshire Xmas Regular Saver + the Coronation Saver? :smile:
  • MDMD
    MDMD Posts: 1,557 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    t1redmonkey said:
    Bit of a long shot but does anyone here have PDF's and/or Key Features saved for the Monmouthshire Xmas Regular Saver + the Coronation Saver? :smile:
    Christmas saver is here: https://web.archive.org/web/20221203093556/https://www.monbs.com/products/christmas-saver-bond-issue-5/
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