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The Top Regular Savers Discussion Thread
Comments
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Halifax RS
Can I close a Halifax RS and then immediately open a new RS ? If so , can it be done via the App or the Website ?
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You have to 'upgrade' it to an easy access whatever it's called first, then withdraw down to less than I think £5, then close it.
Log out, back in and should be able to open a new one
I consider myself to be a male feminist. Is that allowed?0 -
You can request it via chat, they transferred it to easy saving account I have and closed my RS.
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Has it changed? I remember that with Lloyds and BoS you had to go "upgrade" route, but Halifax didn't have 12 months rule. I recall closing the existing Halifax RS and opening a new one without any tricks.
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If it changed, then it changed a long time ago, because a few years ago I failed to be able to close a Halifax RS without going via the "upgrade" route. It was not available for closure online. I was told I must visit a branch to do so. Maybe some get luckier than others with CS, but the upgrade trick is a reliable workaround (at the time I didn't know about it, but learned of it a few months later).
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Within the last 1-2 years, I've closed the Halifax RS via chat and opened a new one straight after. I've only had to "upgrade" for Lloyds and BoS.
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N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.2 -
You don’t have to upgrade it to another savings acc. You can empty it and then request closure via online chat. They ask where you want the interest paid. Then you can open another RS the next day.
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I did it online without chat, but it was about 3 years ago so no longer relevant.
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No need to wait until the next day. You can do it all in 5 minutes flat on your own. Might involve logging out and in a couple of times but the 'renew' (not 'upgrade') option in online banking works every time.
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Yep for Lloyd's and Halifax. Annoyingly doesn't seem to work for bos
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