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

35har1old

Penrith rate on the 300 account reducing from 6% to 5% 17-03

WillPS

jameseonline said:

So there's still delays opening in opening a co op regular then?, it's not like they've had a year to sort it out to make things as easy as possible is it?.

Probably not realistic to expect much in the way of platform improvement until Coventry determine and outline their intentions for the bank. 

simonsmithsays

35har1old said:

Penrith rate on the 300 account reducing from 6% to 5% 17-03

Thanks

Looks like the two versions of the eSaver 200 RS are stopping at 5%

Whilst the 200 RS itself is down to 4%

35har1old

fromscratch said:

mhoc said:

But now I am wondering if I should do the same with Lloyds regular savers, renew and then restart. 
Renewing them now would not help with having a spread of savers maturing in different months which would be a minus point and also both of our Lloyds regular savers are just 3 months old so not a high balance in them.
But is an interest rate drop for Lloyds inevitable and sooner rather than later so should I just get on and do it ....

I had a letter yesterday about 2 other savers I have with Lloyds (child saver and some really low interest thing I don't keep any Money in)- the rates of those are both reducing. But the Club Lloyds Saver was not on the letter so I don't think they are reducing the rate- yet. 

May reduce the rate for new applications 
BOS renewing account.not working yesterday and today

Hattie627

35har1old said:

fromscratch said:

mhoc said:

But now I am wondering if I should do the same with Lloyds regular savers, renew and then restart. 
Renewing them now would not help with having a spread of savers maturing in different months which would be a minus point and also both of our Lloyds regular savers are just 3 months old so not a high balance in them.
But is an interest rate drop for Lloyds inevitable and sooner rather than later so should I just get on and do it ....

I had a letter yesterday about 2 other savers I have with Lloyds (child saver and some really low interest thing I don't keep any Money in)- the rates of those are both reducing. But the Club Lloyds Saver was not on the letter so I don't think they are reducing the rate- yet. 

May reduce the rate for new applications 
BOS renewing account.not working yesterday and today

The online renewal feature on the B of S Monthly Saver hasn't been working for several months, ditto the close early online button.  I had to let mine run to maturity in December, hoping they would keep the fixed rate at 5.50% for my new one, which they fortunately did. I haven't checked, but I think it's still being offered at 5.50% fixed.

Stargunner

Hattie627 said:

35har1old said:

fromscratch said:

mhoc said:

But now I am wondering if I should do the same with Lloyds regular savers, renew and then restart. 
Renewing them now would not help with having a spread of savers maturing in different months which would be a minus point and also both of our Lloyds regular savers are just 3 months old so not a high balance in them.
But is an interest rate drop for Lloyds inevitable and sooner rather than later so should I just get on and do it ....

I had a letter yesterday about 2 other savers I have with Lloyds (child saver and some really low interest thing I don't keep any Money in)- the rates of those are both reducing. But the Club Lloyds Saver was not on the letter so I don't think they are reducing the rate- yet. 

May reduce the rate for new applications 
BOS renewing account.not working yesterday and today

The online renewal feature on the B of S Monthly Saver hasn't been working for several months, ditto the close early online button.  I had to let mine run to maturity in December, hoping they would keep the fixed rate at 5.50% for my new one, which they fortunately did. I haven't checked, but I think it's still being offered at 5.50% fixed.

I was able to close my BoS RS early, earlier this month from within the app. Then I opened a new one a day later.

35har1old

Hattie627 said:

35har1old said:

fromscratch said:

mhoc said:

But now I am wondering if I should do the same with Lloyds regular savers, renew and then restart. 
Renewing them now would not help with having a spread of savers maturing in different months which would be a minus point and also both of our Lloyds regular savers are just 3 months old so not a high balance in them.
But is an interest rate drop for Lloyds inevitable and sooner rather than later so should I just get on and do it ....

I had a letter yesterday about 2 other savers I have with Lloyds (child saver and some really low interest thing I don't keep any Money in)- the rates of those are both reducing. But the Club Lloyds Saver was not on the letter so I don't think they are reducing the rate- yet. 

May reduce the rate for new applications 
BOS renewing account.not working yesterday and today

The online renewal feature on the B of S Monthly Saver hasn't been working for several months, ditto the close early online button.  I had to let mine run to maturity in December, hoping they would keep the fixed rate at 5.50% for my new one, which they fortunately did. I haven't checked, but I think it's still being offered at 5.50% fixed.

Lucky the close option wasn't working closing account prevents you opening a new monthly saver until maturity  date of previous one as per the terms

Stargunner

35har1old said:

Hattie627 said:

35har1old said:

fromscratch said:

mhoc said:

But now I am wondering if I should do the same with Lloyds regular savers, renew and then restart. 
Renewing them now would not help with having a spread of savers maturing in different months which would be a minus point and also both of our Lloyds regular savers are just 3 months old so not a high balance in them.
But is an interest rate drop for Lloyds inevitable and sooner rather than later so should I just get on and do it ....

I had a letter yesterday about 2 other savers I have with Lloyds (child saver and some really low interest thing I don't keep any Money in)- the rates of those are both reducing. But the Club Lloyds Saver was not on the letter so I don't think they are reducing the rate- yet. 

May reduce the rate for new applications 
BOS renewing account.not working yesterday and today

The online renewal feature on the B of S Monthly Saver hasn't been working for several months, ditto the close early online button.  I had to let mine run to maturity in December, hoping they would keep the fixed rate at 5.50% for my new one, which they fortunately did. I haven't checked, but I think it's still being offered at 5.50% fixed.

Lucky the close option wasn't working closing account prevents you opening a new monthly saver until maturity  date of previous one as per the terms

Although the t&c's say that, it is not enforced, and you can open one the next day. Same applies for Halifax and Lloyds.

HHUK

allegro120 said:

I don't think you need to leave £1 in Smart Saver .... Also this is not really the account worth keeping.

It's probably a case of overkill and there may well be no need to, but for the sake of £1 I'm happy to keep the Co-operative Bank Smart Saver open and funded in case it makes life easier when it comes to opening new accounts at some point in the future.

35har1old

Hattie627 said:

35har1old said:

fromscratch said:

mhoc said:

But now I am wondering if I should do the same with Lloyds regular savers, renew and then restart. 
Renewing them now would not help with having a spread of savers maturing in different months which would be a minus point and also both of our Lloyds regular savers are just 3 months old so not a high balance in them.
But is an interest rate drop for Lloyds inevitable and sooner rather than later so should I just get on and do it ....

I had a letter yesterday about 2 other savers I have with Lloyds (child saver and some really low interest thing I don't keep any Money in)- the rates of those are both reducing. But the Club Lloyds Saver was not on the letter so I don't think they are reducing the rate- yet. 

May reduce the rate for new applications 
BOS renewing account.not working yesterday and today

The online renewal feature on the B of S Monthly Saver hasn't been working for several months, ditto the close early online button.  I had to let mine run to maturity in December, hoping they would keep the fixed rate at 5.50% for my new one, which they fortunately did. I haven't checked, but I think it's still being offered at 5.50% fixed.

Sames only to apply to the options on monthly saver selection will let you renew any other existing BOS savings