The Top Regular Savers Discussion Thread

Rudyson

liamcov said:

My Monmouthshire RS issue 2 expires soon, using the login details from the maturity letter, the only options are transferring to another Mon account or receiving a cheque - if I wait until it turns into a different savings account will I be able to close and select a transfer to my bank?

Yes, if you have a nominated a/c set up

s71hj

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

s71hj

s71hj said:

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

I thought Edge up was supposed to be all Edge had and more. This is me finding out in real time it isn't! 

flaneurs_lobster

s71hj said:

s71hj said:

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

I thought Edge up was supposed to be all Edge had and more. This is me finding out in real time it isn't! 

Just scanned the product details, it does seem the Edge Up account does not give access to the Edge Saver.

Bit surprising that.

castle96

just closed edge saver and opened new one (2 days delay) @ 6%

subjecttocontract

flaneurs_lobster said:

s71hj said:

s71hj said:

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

I thought Edge up was supposed to be all Edge had and more. This is me finding out in real time it isn't! 

Just scanned the product details, it does seem the Edge Up account does not give access to the Edge Saver.

Bit surprising that.

The Edge account pays no interest but gives access to the Edge saver at 6%
The Edge Up account pays 2.5% interest on up to £25K but no Edge saver.

flaneurs_lobster

subjecttocontract said:

flaneurs_lobster said:

s71hj said:

s71hj said:

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

I thought Edge up was supposed to be all Edge had and more. This is me finding out in real time it isn't! 

Just scanned the product details, it does seem the Edge Up account does not give access to the Edge Saver.

Bit surprising that.

The Edge account pays no interest but gives access to the Edge saver at 6%
The Edge Up account pays 2.5% interest on up to £25K but no Edge saver.

So you just need to stuff £9.6k into the Edge Up current account to earn the same amount of interest. 

Simple. 

Except you could be earning 5% on that cash elsewhere.

gt94sss2

liamcov said:

My Monmouthshire RS issue 2 expires soon, using the login details from the maturity letter, the only options are transferring to another Mon account or receiving a cheque - if I wait until it turns into a different savings account will I be able to close and select a transfer to my bank?

Yes, or post the enclosed form back to them

clairec666

flaneurs_lobster said:

subjecttocontract said:

flaneurs_lobster said:

s71hj said:

s71hj said:

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

I thought Edge up was supposed to be all Edge had and more. This is me finding out in real time it isn't! 

Just scanned the product details, it does seem the Edge Up account does not give access to the Edge Saver.

Bit surprising that.

The Edge account pays no interest but gives access to the Edge saver at 6%
The Edge Up account pays 2.5% interest on up to £25K but no Edge saver.

So you just need to stuff £9.6k into the Edge Up current account to earn the same amount of interest. 

Simple. 

Except you could be earning 5% on that cash elsewhere.

But if it's 5% in a regular saver, as any good conspiracy theorist will tell you, you'll only get 2.5%. So the Edge Up wins every time 😁

s71hj

flaneurs_lobster said:

subjecttocontract said:

flaneurs_lobster said:

s71hj said:

s71hj said:

surreysaver said:

s71hj said:

flaneurs_lobster said:

liamcov said:

My Santander Edge Saver (6%) expires soon, is there still a way to get another for a year?

It's not a regular saver so wrong thread but anyways

Yes. Empty the account. Start a Live chat with Sandi the Bot with "close an account" and follow the prompts.

When the account disappears open another one. Takes a couple of days overall.

I tried this. Said I wasn't eligible. I assume because I'd already had one

Do you have an Edge Current Account?

It's Edge up. Whereas previously I had Edge which I converted to Edge Up. 

I thought Edge up was supposed to be all Edge had and more. This is me finding out in real time it isn't! 

Just scanned the product details, it does seem the Edge Up account does not give access to the Edge Saver.

Bit surprising that.

The Edge account pays no interest but gives access to the Edge saver at 6%
The Edge Up account pays 2.5% interest on up to £25K but no Edge saver.

So you just need to stuff £9.6k into the Edge Up current account to earn the same amount of interest. 

Simple. 

Except you could be earning 5% on that cash elsewhere.

For those of us who fund multiple regular saver standing orders from a current account you need to retain a certain level of balance in the current account unless hyper organised and the 2.5% interest is near top of the market. Only really Kroo is better but I suspect that is more likely to move down with the base rate than Edge up.