The Top Regular Savers Discussion Thread

pecunianonolet

https://forums.moneysavingexpert.com/discussion/comment/82069665#Comment_82069665

Thank you this has worked. Account open.

jaypers

https://forums.moneysavingexpert.com/discussion/comment/82069681#Comment_82069681

Bit confused seeing as pre-requisite is to have a BOS current account. Is it really worth the risk?

Bridlington1

My word this has been a busy day on the thread, I leave you alone for 24 hours due to being busy outside the forum and I come back to over 200 new posts.

I've just spent the best part of 5 hours staring at spreadsheets and sifting through documents because my conveyancer's wanting more bank statements off me (going back to early 2024 now and I fear this is the tip of the iceberg).

I'm cream crackered now so I'll take the rare decision to postpone updating p1 of this thread to reflect the new LBG regular savers till I wake up tomorrow morning.

pecunianonolet

https://forums.moneysavingexpert.com/discussion/comment/82069707#Comment_82069707

Always depends on risk appetite and individual circumstances, in which case the answer is yes.

What didn't work is to renew the 5.5% Halifax saver for an Everyday Saver. It did open the Everyday Saver but the regular saver is still there and operable, even after a log out and log in via online banking and app. Maybe it is too late in the day and it now takes an overnight run ut doubt it as both accounts have a different account number. Never renewed an acocunt before so maybe I just to ***** for that. Everything is possible.

Won't be funding any reg saver until at least tomorrow or even Thusday/Friday anyhow. Don't want to put money in and receive tomorrow a lovely text that the account is closed, frozen, blocked or whatever.

Speculator

https://forums.moneysavingexpert.com/discussion/comment/82069716#Comment_82069716

If you are renewing the Halifax regular, it should turn into an Everyday saver with the same sortcode and account number as the Regular saver.

If you are seeing both, do they both have the same sort code and account number?

pecunianonolet

https://forums.moneysavingexpert.com/discussion/comment/82069723#Comment_82069723

I see both, same sort code, entirely different account numbers. Maye I am too late and LBG IT has been on it, who knows. I also got an email telling me my Everyday Saver account is now open.

hoppy2

crikey i've just come back off holiday and there's pages of info to go through, can anyone give me the quick route to opening the 8% RS with Halifax and BoS I've already got the 5.5% ones, is there any loss of interest or a penalty?

Thanks

callum9999

https://forums.moneysavingexpert.com/discussion/comment/82069403#Comment_82069403

The Halifax website clearly states that they are not accepting applications from new customers. I think I'll listen to what the bank themselves say above what you randomly "reckon" might be true!

Yes, it would be more accurate if they updated every single set of T&C's on their website, but it's quite obvious why they didn't and good luck if you think anyone will remotely care about your complaint...

ccluedo

BoS - success!

I closed my existing 5.5% Tue morning but couldn't open the 8% one. CS said it may not be possible until original maturity date however to check again when 5.5% one fell off my profile.

It was still showing under my accounts until around 1am but once it disappeared I was able to open and fund the 8% with no problem. 😀

seriously

Thanks to all the advice and info from everyone! I managed to open both Halifax and BOS.

However, I have two Lloyds RS, the 5.25% and 6.25% both maturing in October 17th. Both have £2.25k and £3.6k in them respectively. So as I understand it, I can only have one RS if I decide to renew and open a 8%.

In my situation is it worth it?