The Top Regular Savers Discussion Thread

Slinky

RosieRooBear said:

Slinky said:

Tried opening a Halifax RS yesterday as a new customer but got a message saying I would have to visit a branch, but not explaining why. Anybody else had this? Tried again this morning and still getting it. I've got an account with Lloyds so I'm no unknown to the group.

You’re applying for a Regular Saver account

Something’s gone wrong

@Slinky, yes it happened to me too. I had online access with them when I had my mortgage with them but paid it off late 2021 but was unable to open the regular saver with them recently. I tried as a new customer and as an existing customer using my old login details but it wouldn’t let me using either. I gave up as I’ve got enough other regular savers and not really able to travel to a branch.

Yes I'm inclined to give it a swerve also if it involves having to go into the neighbouring town which might have a branch, I'm not sure.

WillPS

I find with LBG it helps having a current account with each brand. I know a Halifax Current Account isn't a requirement to hold a regular saver, but I bet the issue would go away if you had one.

(Optionally if you take the Reward option it's also an easy way to earn £5 [x3] per month for little effort, but any current account including the fee-free and even Basic ones will do the trick to clear this message).

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. 

PowerSavingMode

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.