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Small amounts in Regular/Monthy savers
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hello,
Is it worth the effort to open a Regular saver account if you are not going for the max limit it allows?
I'm not awash with savings but like the concept of these accounts but are they worth applying for?
Is it worth the effort to open a Regular saver account if you are not going for the max limit it allows?
I'm not awash with savings but like the concept of these accounts but are they worth applying for?
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Comments
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What other options would you be considering?0
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Easy access l suppose. Fixed not at the moment may need the cash soon.
That's what I'm wondering you can't withdraw from a regular saver l don't think.0 -
Some allow withdrawals, but others don't:[Deleted User] said:Easy access l suppose. Fixed not at the moment may need the cash soon.
That's what I'm wondering you can't withdraw from a regular saver l don't think.
https://www.moneysavingexpert.com/savings/best-regular-savings-accounts/
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I was under the impression that your cash is fixed in regular savers usually.
Thank you for the link, I'll take a look0 -
That depends on the terms of the specific RS. Most do, some will have penalties, some will require the account to be closed
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This list is probably not bang up to date now but you can see that different RSs have different withdrawal aand/or early closure rules. These are detailed in the Summary Box and in the T&Cs of each product[Deleted User] said:I was under the impression that your cash is fixed in regular savers usually.
Thank you for the link, I'll take a look
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eskbanker said:
Where's that sourced from? I quite like the format....friolento said:
This list....
I cannibalised the list @Bridlington1 posted here a few weeks ago and put it into a spreadsheet that sits on a Google Drive. I haven't maintained it though
Feel free to pull a copy: https://docs.google.com/spreadsheets/d/18WWQg2nuAFdyDRIBykjr6vNJPH7zFHTDRGpaIAkrU5A/edit?usp=sharing
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Quick question to show my ignorance. What does NLA mean please ?
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No Longer Availableslacko2 said:Quick question to show my ignorance. What does NLA mean please ?2
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