The Top Regular Savers Discussion Thread

WillPS

West Brom

Do they send out maturity information by post? Is there a way to rollover the account without a branch visit?

PowerSavingMode

WillPS said:

West Brom

Do they send out maturity information by post? Is there a way to rollover the account without a branch visit?

West Brom 

I ended up having a 'live chat' with them, and they confirmed that I couldn't open (or rollover) into the fix rate regular saver online at all, so I instructed them there and then to withdraw all funds into my nominated bank account upon maturity (I already had an easy access saver with them with £1 in).

trickydicky14

Archerychick said:

10_66 said:

Principality
For the first time, my renewal’s been refused.  Never had the dreaded secure message until today.  I usually opt for the 6 Month, but this time went for the Christmas 26. I regret not sticking to the same plan, maybe wouldn’t have made any difference anyway.

Nope that wouldn’t have made any difference. I had a first time rejection too, and chose the 6 months like I always do. Times just up on this ability to hold more than one of an issue type. I’m glad that a few of mine renewed in the last couple of months, and I hopefully run in to Q2 with a few accounts 

In the words of the great Douglas Adams, 'So long, and thanks for all the fish'.

Chaykin

Hanley Economic BS

Having failed twice (where some have succeeded) to open the 1 Year Branch Smart Saver (TAR09) via post I found myself in Stoke area this morning so visited their Festival Park branch to open it. All went pretty quick and without a hitch, in a friendly atmosphere, and - having already been a member due to holding the 1 Year Online Smart Saver (TAR10) - no ID or other docs were needed. Received another (fairly useless to me) passbook to add to the collection. A comment was made to have a look at the potential rate changes next week. I think they will be quick to react to the expected reduction. Typical 14 day notice applies at HEBS.

Kim_13

Chaykin said:

Hanley Economic BS

Having failed twice (where some have succeeded) to open the 1 Year Branch Smart Saver (TAR09) via post I found myself in Stoke area this morning so visited their Festival Park branch to open it. All went pretty quick and without a hitch, in a friendly atmosphere, and - having already been a member due to holding the 1 Year Online Smart Saver (TAR10) - no ID or other docs were needed. Received another (fairly useless to me) passbook to add to the collection. A comment was made to have a look at the potential rate changes next week. I think they will be quick to react to the expected reduction. Typical 14 day notice applies at HEBS.

Fairly standard from them - their Online Regular Saver from 2023 reduced every time as I recall. For this reason they are at the bottom of my priority list of 6.5% variables. I have a Direct Debit for the required £25 and then it gets whatever is left over by card.

soulsaver

@subjecttocontract
Matures to an WBBS easy access ac. 'if available' according to T&Cs. See Bridlington's excellent terms archive.

ShinyStarlight1

Halifax RS

My account is maturing, and the money will be transferred to an everyday saver.

However, if I want to actually close the regular saver, I have to ‘go into a branch with a counter’ to do so. (The nearest one of those is 12 miles away)

I’m wondering why that is. If the technology exists to open the account online, why not to close it?

It reminds me of buying train tickets for my dad. Took moments to buy online, with just a few clicks, but if ever he needed a refund it required paperwork sent by snail mail within five days. It felt like going from the 2020s to the 1970s.

MarkFromCornwall

ShinyStarlight1 said:

Halifax RS

My account is maturing, and the money will be transferred to an everyday saver.

However, if I want to actually close the regular saver, I have to ‘go into a branch with a counter’ to do so. (The nearest one of those is 12 miles away)

In the Halifax app, after maturity, click on the everyday saver account.  Click on the ... at the top right of the screen, scroll down to the 'Manage account' section and click on 'Close account'.  Fill in a couple of details and the account will be closed.

Kim_13

ShinyStarlight1 said:

Halifax RS

My account is maturing, and the money will be transferred to an everyday saver.

However, if I want to actually close the regular saver, I have to ‘go into a branch with a counter’ to do so. (The nearest one of those is 12 miles away)

I’m wondering why that is. If the technology exists to open the account online, why not to close it?

It reminds me of buying train tickets for my dad. Took moments to buy online, with just a few clicks, but if ever he needed a refund it required paperwork sent by snail mail within five days. It felt like going from the 2020s to the 1970s.

Close the Everyday Saver that they will be transferring the money to (they will have opened it automatically at the same time as the Regular Saver, with no way for you to opt out of it.) Then they will convert the Regular Saver itself to an Everyday Saver on maturity, which can be closed online. May require a Current Account to do it though.

WillPS

Halifax

My wife was able to 'renew' her empty saver in the same manner as Lloyds ones, which then allows you to log out, back in and immediately open a new one. Requesting a close also works but takes a few working days for them to do it.

(The same method didn't work for BOS tho for some reason, she had to request closure and wait for them to action before reapplying)