The Old Regular Savers Discussion Thread 28/12/24-29/1/26

changearound1

qbadger said:

Co-operative Bank Regular Saver Iss 1
Does anyone still remember how long it took to open this account after application? Mine is due to mature on 28/02, and I'm wondering if logistically it would be possible to apply for the account again and fund it on the same day.

I remember it taking a day or two to open. It certainly wasn't instant.

exel1966

RBOS Group rate changes

Digital Regular Saver      £5,000 +                 £1 to £5,000

       Current                 1.50% / 1.49%             6.17% / 6.00% 

       6th March             1.25% / 1.24%             6.17% / 6.00%

simonsmithsays

Furness RS reductions in the pdf at the bottom of the link

https://www.furnessbs.co.uk/savings/savings-interest-rates

For me the, still available, Christmas RS 2 remains at 5.25%
Whilst then RS5 is down to 4.5%

Kim_13

Aidanmc said:

Re Loughborough Holiday monthly saver application, how long did you have to wait on a response after emailing application and id docs?

Sent Tuesday, but after 4pm so didn’t expect it to be looked at until Wednesday at the earliest. Still waiting.

I am a new customer so that might also slow things down.

FB13

Speculator said:

Dizzycap said:

Stargunner said:

10_66 said:

BoS
Has anyone managed to get BoS renew to work, lately?  I know there was  discussion a while ago when others were finding it wouldn't renew with BoS message saying "something's gone wrong", and that's what I'm now getting, though it's worked in the past.  Just wondered if anyone found a way round. I've got Halifax and both Lloyds to renew.

I think that the renew only works if your RS has matured.
I wanted to refresh a Lloyds RS this week that still had 6 months to run. I couldn’t renew it, so I had to empty it, close it via chat and then I opened a new one the following day once the old RS had disappeared from my online banking.

You can renew anytime, although I believe if you've already used a 'renew' for a RS for LLoyds, Halifax or BoS it won't allow you to renew again. I renewed my Lloyds but I can't renew Halifax or BoS because they all part of the same umbrella group. I now have to transfer all proceeds out, close via chat, and then wait for a fresh application window which can be anything from 10 minutes to 24 hours.

My First Direct RS matured on the 4th of Feb but I was able to apply for a new 7% fixed RS 2 days before maturity but it still took 3 days to open due to high demand - there was a warning when I applied that it would take 3-5 days before the new RS would be opened.

renewed both lloyds club monthly and normal monthly and halifax multiple times within a year with no problems. However, always get error message with BOS. Tried on Halifax website and BOS website but no luck.

Never needed to use chat to renew/reopen a regular saver

I just renewed and reopened my club and regular Lloyds just now. It worked as usual. No need to use the chat. They were both due to mature in the next two week. 

My BOS one isn’t due to mature until 28/2. I did not try renewing it today. 

KneadtheDough

RE: Yorkshire BS Loyalty Regular e-Saver 

Mine is set to mature in a few weeks and I wonder if anyone has managed to close theirs and re-open another in the same day... Or does it take longer than that?

Bridlington1

Vernon Online RS reducing from 6.5% to 6.25% from 3/3/25.

flaneurs_lobster

PowerSavingMode said:

RE: Yorkshire BS Loyalty Regular e-Saver 

Mine is set to mature in a few weeks and I wonder if anyone has managed to close theirs and re-open another in the same day... Or does it take longer than that?

Mine matures in a couple of weeks too. It's variable, so haven't seen any advantage in closing/opening early.

KneadtheDough

flaneurs_lobster said:

PowerSavingMode said:

RE: Yorkshire BS Loyalty Regular e-Saver 

Mine is set to mature in a few weeks and I wonder if anyone has managed to close theirs and re-open another in the same day... Or does it take longer than that?

Mine matures in a couple of weeks too. It's variable, so haven't seen any advantage in closing/opening early.

RE: Yorkshire BS Loyalty Regular e-Saver renewal

I guess I was wondering whether it would be fortuitous to try the 'refresh' route in case the rate dropped for the currently available product, or it was taken off market.

ordnancesurvey84

Aidanmc said:

Re Loughborough Holiday monthly saver application, how long did you have to wait on a response after emailing application and id docs?

I emailed my application on Monday afternoon but got no response - so I called this morning to enquire.
Despite providing the date and time of my email, it couldn't be found on their system, so I emailed it over again while I was on the phone - and she was able to confirm she'd received it and all my documents were in order.
I'm now just awaiting an email confirming the account's been opened and with details of how to make my initial payment.
Given my experience, if you've been waiting a few days for an acknowledgement of your email, it might be worth giving them a call to check it's been received.