Regular Savings Accounts: The Best Currently Available List!

twadds123

I just renewed with the money in the regular saver,  they basically use exactly the same account details and change the account type from regular saver to everyday saver and then add the accrued interest.

The halifax regular saver did not allow withdrawals at all.

once done I quickly opened the new regular saver, all no issues

Nick_C

SJMALBA said:...there is no option to move money out of it (unlike the BoS monthly saver) - I was under the impression that you weren't suppose to renew before moving all the money out of it?

With Halifax, do I just renew it, then? I haven't actually tried to renew it yet...

@SJMALBA

 As twadds123 says, you can't withdraw from the Halifax RS.  Just renew it.  Then withdraw from the account you have renewed to.  Then close that account.  You might have to log out and log in again to see the interest.

SJMALBA

Nick_C said:

SJMALBA said:...there is no option to move money out of it (unlike the BoS monthly saver) - I was under the impression that you weren't suppose to renew before moving all the money out of it?

With Halifax, do I just renew it, then? I haven't actually tried to renew it yet...

@SJMALBA

 As twadds123 says, you can't withdraw from the Halifax RS.  Just renew it.  Then withdraw from the account you have renewed to.  Then close that account.  You might have to log out and log in again to see the interest.

Ah, I see. Thanks @twadds123 and @Nick_C - I'll give that a go.

EDIT: Worked perfectly. 

dekkard

Does Principality BS have any track record of increasing rates on fixed-rate regular savers? (Some banks do, despite them being 'Fixed'.)

Growingold

I want to close my LLoyds R/S and get the interest added.  I've transferred out the majority of the money leaving a £1 balance.  How do I get the interest to date paid and close?

10_66

dekkard said:

Does Principality BS have any track record of increasing rates on fixed-rate regular savers? (Some banks do, despite them being 'Fixed'.)

Not in my experience (over many years).

Bridlington1

Growingold said:

I want to close my LLoyds R/S and get the interest added.  I've transferred out the majority of the money leaving a £1 balance.  How do I get the interest to date paid and close?

Renew into an EA account (any EA account will do), then close from there. If the interest doesn't appear straight away in the account, transfer the £1 out of the account and the interest should appear.

Nick_C

Growingold said:

I want to close my LLoyds R/S and get the interest added.  I've transferred out the majority of the money leaving a £1 balance.  How do I get the interest to date paid and close?

https://forums.moneysavingexpert.com/discussion/comment/79879297/#Comment_79879297

Bridlington1

Mansfield's new rates shall be revealed by 22/8/23, let's hope they do something spectacular with their regular saver:

JamesRobinson48

Bridlington1 said:

Mansfield's new rates shall be revealed by 22/8/23, let's hope they do something spectacular with their regular saver:

What an odd remark from Mansfield:  "As interest rates continue to rise across the UK".  Almost like a weather report. True, lately they've been rising almost everywhere except seemingly the Mansfield area.