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

Bigwheels1111

Aidanmc said:

Just a quick query regarding Halifax RS

My RS matured and balance automatically moved to my existing instant saver

The RS remained with a zero balance, but when i try and deposit into RS i get a error message saying i've exceeded monthly limit.

Is there a way around this, or just wait to 1 April

If it’s matured, the account is done and finished.
Open the new offer and fund that.
Or open a principality reg savers £200 a month for 6 months at 7.5% not Halifax at 5.5%
Market Harborough 6.0%, West Brom 6.0%

https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

Aidanmc

Bigwheels1111 said:

Aidanmc said:

Just a quick query regarding Halifax RS

My RS matured and balance automatically moved to my existing instant saver

The RS remained with a zero balance, but when i try and deposit into RS i get a error message saying i've exceeded monthly limit.

Is there a way around this, or just wait to 1 April

If it’s matured, the account is done and finished.
Open the new offer and fund that.
Or open a principality reg savers £200 a month for 6 months at 7.5% not Halifax at 5.5%
Market Harborough 6.0%, West Brom 6.0%

https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

The old halifax RS auto renewed, same acc no. etc.

I already have those other RS too.

I think the only way would be to close the RS and open a new one, but i dont see a way to close it online.

Just going to wait to 1 April, thanks

Bridlington1

Aidanmc said:

Bigwheels1111 said:

Aidanmc said:

Just a quick query regarding Halifax RS

My RS matured and balance automatically moved to my existing instant saver

The RS remained with a zero balance, but when i try and deposit into RS i get a error message saying i've exceeded monthly limit.

Is there a way around this, or just wait to 1 April

If it’s matured, the account is done and finished.
Open the new offer and fund that.
Or open a principality reg savers £200 a month for 6 months at 7.5% not Halifax at 5.5%
Market Harborough 6.0%, West Brom 6.0%

https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

The old halifax RS auto renewed, same acc no. etc.

I already have those other RS too.

I think the only way would be to close the RS and open a new one, but i dont see a way to close it online.

Just going to wait to 1 April, thanks

Try renewing the account into an EA account, from there you should be able to close the account and then open a new regular saver from there.

Aidanmc

Bridlington1 said:

Aidanmc said:

Bigwheels1111 said:

Aidanmc said:

Just a quick query regarding Halifax RS

My RS matured and balance automatically moved to my existing instant saver

The RS remained with a zero balance, but when i try and deposit into RS i get a error message saying i've exceeded monthly limit.

Is there a way around this, or just wait to 1 April

If it’s matured, the account is done and finished.
Open the new offer and fund that.
Or open a principality reg savers £200 a month for 6 months at 7.5% not Halifax at 5.5%
Market Harborough 6.0%, West Brom 6.0%

https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

The old halifax RS auto renewed, same acc no. etc.

I already have those other RS too.

I think the only way would be to close the RS and open a new one, but i dont see a way to close it online.

Just going to wait to 1 April, thanks

Try renewing the account into an EA account, from there you should be able to close the account and then open a new regular saver from there.

Thank you, that worked perfect

Speculator

Aidanmc said:

Bridlington1 said:

Aidanmc said:

Bigwheels1111 said:

Aidanmc said:

Just a quick query regarding Halifax RS

My RS matured and balance automatically moved to my existing instant saver

The RS remained with a zero balance, but when i try and deposit into RS i get a error message saying i've exceeded monthly limit.

Is there a way around this, or just wait to 1 April

If it’s matured, the account is done and finished.
Open the new offer and fund that.
Or open a principality reg savers £200 a month for 6 months at 7.5% not Halifax at 5.5%
Market Harborough 6.0%, West Brom 6.0%

https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

The old halifax RS auto renewed, same acc no. etc.

I already have those other RS too.

I think the only way would be to close the RS and open a new one, but i dont see a way to close it online.

Just going to wait to 1 April, thanks

Try renewing the account into an EA account, from there you should be able to close the account and then open a new regular saver from there.

Thank you, that worked perfect

did it open an Everyday saver automatically with zero balance? If so, close it to avoid this happening in the future.

SJMALBA

Suffolk BS:
As a new customer, Is it likely that opening and funding the 'Online 1 Year Fixed Rate Regular Saver (30.06.2026)' RS on the same day is possible, or are there likely to be delays (e.g. waiting for things through 'snail mail')?

Co-Op Bank:
Similarly, as a new Co-Op Bank customer (and therefore having to open a current account first)? I seem to recall discussion about 'issues' with the Co-Op, but can't remember the details - was this re. difficulties/delays opening accounts?
As far as I can see, the 'Cashminder' bank account is sufficient for opening their RS - is there any point in opening the 'regular' CA instead, if the only reason for opening the CA is to get the RS?

Aidanmc

Speculator said:

Aidanmc said:

Bridlington1 said:

Aidanmc said:

Bigwheels1111 said:

Aidanmc said:

Just a quick query regarding Halifax RS

My RS matured and balance automatically moved to my existing instant saver

The RS remained with a zero balance, but when i try and deposit into RS i get a error message saying i've exceeded monthly limit.

Is there a way around this, or just wait to 1 April

If it’s matured, the account is done and finished.
Open the new offer and fund that.
Or open a principality reg savers £200 a month for 6 months at 7.5% not Halifax at 5.5%
Market Harborough 6.0%, West Brom 6.0%

https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

The old halifax RS auto renewed, same acc no. etc.

I already have those other RS too.

I think the only way would be to close the RS and open a new one, but i dont see a way to close it online.

Just going to wait to 1 April, thanks

Try renewing the account into an EA account, from there you should be able to close the account and then open a new regular saver from there.

Thank you, that worked perfect

did it open an Everyday saver automatically with zero balance? If so, close it to avoid this happening in the future.

I would have an existing Everyday saver, but i'm going to close than now....thanks

pecunianonolet

SJMALBA said:

Suffolk BS:
As a new customer, Is it likely that opening and funding the 'Online 1 Year Fixed Rate Regular Saver (30.06.2026)' RS on the same day is possible, or are there likely to be delays (e.g. waiting for things through 'snail mail')?

Co-Op Bank:
Similarly, as a new Co-Op Bank customer (and therefore having to open a current account first)? I seem to recall discussion about 'issues' with the Co-Op, but can't remember the details - was this re. difficulties/delays opening accounts?
As far as I can see, the 'Cashminder' bank account is sufficient for opening their RS - is there any point in opening the 'regular' CA instead, if the only reason for opening the CA is to get the RS?

Co Op Bank in totally is a problem imho. The Cashminder account is enough for getting the regular saver. If you have no further intention of using them except of utilising the regular saver there is no need to get yourself a hard search when you can have the Cashminder account without. The current account is only useful when you want an overdraft.

Marcoos

pecunianonolet said:

SJMALBA said:

Suffolk BS:
As a new customer, Is it likely that opening and funding the 'Online 1 Year Fixed Rate Regular Saver (30.06.2026)' RS on the same day is possible, or are there likely to be delays (e.g. waiting for things through 'snail mail')?

Co-Op Bank:
Similarly, as a new Co-Op Bank customer (and therefore having to open a current account first)? I seem to recall discussion about 'issues' with the Co-Op, but can't remember the details - was this re. difficulties/delays opening accounts?
As far as I can see, the 'Cashminder' bank account is sufficient for opening their RS - is there any point in opening the 'regular' CA instead, if the only reason for opening the CA is to get the RS?

Co Op Bank in totally is a problem imho. The Cashminder account is enough for getting the regular saver. If you have no further intention of using them except of utilising the regular saver there is no need to get yourself a hard search when you can have the Cashminder account without. The current account is only useful when you want an overdraft.

Co-Op is slow. Apart from an overdraft, CA would only be useful if there's a switch offer going. But there isn't at the mo

saverkev

zombie404 said:

WillPS said:

Dizzycap said:

pecunianonolet said:

Quick question, Santander and Lloyds regular saver. 

I put 200 into Santander and 250 into the Lloyds regular saver but had to take the 200 from Santander out and some of the Lloyds regular saver. I am reading their withdrawal terms but I am not sure if I can within the same month replace those funds e.g. put the 200 back into Santander. Apologies if it is obvious but been a looong day....

Unfortunately, any monies withdrawn from a RS can't be relaced at a later date. I hope that helps

Not universally true.

Virgin Money specifically allows it. Natwest/RBS don't stop you adding funds back in the same month you took it out either.

So do you mean if I took out the full 5000 from NatWest reg saver in march I could put the full 5000 back in before the end of march but after march it would revert back to 150 per month

Natwest/RBS 

I have taken money out and replaced a few times - I withdrew over £1000 early this month and have since replaced it all. (I have been at the £5000 balance for a while)