The Top Regular Savers Discussion Thread

where_are_we

https://forums.moneysavingexpert.com/discussion/comment/82068886#Comment_82068886

Halifax RS @8% - I will still make a 13th payment on 1/7/27. The 8% is a fixed rate and cannot change and who knows what the interest rate for their RS will be on 14/7/27. It is also unclear if the LBG group will still be offering 3 separate RS`s under the Lloyds, Halifax and BOS brands by July 2027.

mhoc

BOS regular saver 8%

Following on from the apparent success of others earlier I thought I would try.

I dont have a BOS current account. (I do have Halifax current and regular saver 8% maturing July 2027. I also have LLoyds current and both old style regular savers maturing May 2027).

On the BOS landing page it asked if I was registered with Halifax and so it lead me to log in - this is on the laptop not app - so I got to the Halifax page with nowhere to apply for a BOS regular saver.

Then I tried ticking the not registered box and so ticked the "new to BOS" box at the bottom.I went through the entire registration process until the last page and it looked hopeful only to get a "something went wrong" page and a message to visit the branch

(- our BOS branch closed years ago as did Halifax and Halifax in the next town …over 100k population between the 2 towns and the rural population within 10 miles and no Halifax,Lloyds, BOS bricks and mortar branches)

What have a done wrong? Should I try again later or just accept that a BOS regular saver is not going to happen?

I suppose doing the BOS switch offer is a possibility - but really I dont want another current. I dont use the LLoyd current as it is but if it means I can get this reg saver then maybe

PloughmansLunch

https://forums.moneysavingexpert.com/discussion/comment/82068885#Comment_82068885

Oh, you're right - once it's gone out you can't even put a penny back in again if previously fully funded for the month.

csw5780

LBG regular saver accounts

Lloyds Regular savers

When you can open another Monthly Saver

You can only open 1 Monthly Saver every 12 months.

If you close the account before the end of the term, you can’t open another 1 until after the term ends.

If you keep your account open, after 12 months you’ll receive your interest. The account will then change to a Standard Saver. You can then open a new Monthly Saver and save for another 12 months. You can top up your savings by bank transfer. This can't exceed the £250 monthly limit. You'll need to set up a new standing order to this Monthly Saver account. This needs to be between £25 and £250 each month. Remember to cancel your old standing order unless you want to keep saving into the Standard Saver.

fabsaver

It's disappointing that LBG haven't been more considerate of existing regular saver customers when launching these new products. I'm assuming they have launched these in direct competition with Santander. It's either that or they noticed this thread veered off course at the weekend and decided to give us something new to talk about 😆

Santander provided a clear and accessible method for existing customers to upgrade to the new higher rate but LBG haven't done that. It's only possible for Halifax via the unofficial 'renew' method. BOS generates errors if trying to renew or close (tried previously and not doing that again). Lloyds generally isn't worth renewing if you currently have both regular savers.

oliveoyl

https://forums.moneysavingexpert.com/discussion/comment/82068933#Comment_82068933

Exactly same happened to me, but when given the error message I clicked the back button, to then be presented with a welcome to your new account page with account number etc. Appeared in Lloyds app straight after, got email confirmation, funded.

kermchem

Since we are now up to 10 pages on LBG RS accounts, let me throw in my questions.

I have a Lloyds current account, and online access. I closed my 5.25% £250 / month Lloyds (standard) RS last week, because my funding threshold is getting close to 5.25% and my Club Lloyds RS matures soon, and we already knew in recent weeks that you cannot have both now. I am going to let my current Club Lloyds RS mature in 2 weeks and then open the 8%. I may be wrong, but I don't think Lloyds is going to go NLA on 8%.

Now the hard bit. I have a 5.25% Halifax RS, which I can see in Lloyds online and app. I do not have Halifax app or online access. How do I close and re-open?

OH has a 5.25% Halifax RS and no online access at all. Halifax is not handing out online access any more, both website and app forcibly point you to Lloyds. I guess OH needs to open a Lloyds online account just to access the funds.

How does (adult) child with no LBG online access open a Halifax account? Indeed, how does a random punter reading this forum with no LBG online access and no wish for a Lloyds or BoS current account get hold of one of these 8% wonders? Halifax RS application on their website just goes round in circles today when I try.

Or, is this the point, Halifax is shut to new business and these are offers to those opening (edit: or holding) current accounts with BoS or Lloyds?

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82068886#Comment_82068886

Unless you close the everyday savers and therefore your RS next year is a new application rather than a renewed account, but there have been one or two reports of that no longer working.

As a result, though I prefer to open my RS at the end of the month and have it mature ready for use on the 1st with minimal time in a feeder account, I was happy to open the Halifax one today (removes the risk of missing out altogether) intending only to do 12 payments. 13 payments are more worthwhile when you open at the end of the month.

mhoc

https://forums.moneysavingexpert.com/discussion/comment/82068960#Comment_82068960

OMG - this actually worked for me as well, using the back button so I now have a BOS regular saver 8% - no BOS current and it showed straight away logging in via Halifax - thanks for the advice

rallycurve

https://forums.moneysavingexpert.com/discussion/comment/82068933#Comment_82068933

I have followed a similar approach. It wouldn't let me log in with my Halifax/Lloyds details so I selected I am not already registered but then went with the "Already a customer? Register and apply" option rather than "New to BOS? Apply now". It took me back to the login page and I used the "register online" link. It was a simple form where I provided basic details and one of my Halifax savings accounts. I shortly had access to BOS system after creating user credentials and I could see all my Lloyds and Halifax accounts and could successfully apply for the monthly saver.