The Top Regular Savers Discussion Thread

dcs34

https://forums.moneysavingexpert.com/discussion/comment/82089063#Comment_82089063

Now if only @Bridlington1 charged a commission on all his work on this thread, he'd probably now be in a position to need a private office to tell him 5% is actually bigger than 8%!

Also noted the article's url has 'advice' in it - surely the Times aren't actually offering financial advice? I can't see a disclaimer on the archived version…

flaneurs_lobster

Also noted the warticle's link has 'advice' in it - surely the Times aren't actually offering financial advice? I can't see a disclaimer on the archived version…

Just lazy sub-editing of a link title, probably generated by their friendly AI agent.

StewedApple

https://forums.moneysavingexpert.com/discussion/comment/82089256#Comment_82089256

In all probability this article was written a PR junior in The Private Office and distributed to multiple journalists at various papers who would have then used it as the basis of an article. This sort of thing used to be very common in the local free papers (remember them?) and on more than one occasion I saw these things simply cut off mid-sentence as the paper had re-published the "article" verbatim and reached the 300 word limit (or whatever it was) needed to fill that space beside a half-page spread for a local second-hand car dealer.

I recall a year ago screaming headlines from This Is Moaning predicting the sky would fall and everyone should bail out of AI by Friday as the world was about to end. I'm not a big fan of AI but like the headlines urging everyone to bail on their pensions because the new Chancellor was certain to steal their lump sum in the next budget it proved to be about as accurate as Ye Old Moore's Almanack. This week there are lots of articles on the hardships and regrets of those who did pull their pensions (so a win-win for those who publish this tosh).

There's a moral in there somewhere - probably about getting financial advice from someone who doesn't need to take their shoes and socks off to count.

adindaspantai

https://forums.moneysavingexpert.com/discussion/comment/82088805#Comment_82088805

But if you could get three paying 8% for the next 12 months it is still worthy, imo considering, Lloyds MS is only paying 5.25%, and Halifax & BOS is only paying 5.5%. Depending on personal circumstance how much money that needs to be diverted, 5% interest is not that difficult to get. Also there are easy access that are paying 4.24% for temporary container waiting for allocation such as Cahoot? Come back to my original question is it possible to close it and reopen a new one without risking that you will not be able to reopen a new one ?

wmb194

https://forums.moneysavingexpert.com/discussion/comment/82089406#Comment_82089406

Yes, see up thread: this same question has been asked and answered over and over. Given the brand will be gone soon, IIRC c.31/10, I'd expect the Halifax version to soon disappear.

castle96

close 3 open 3

nottsphil

https://forums.moneysavingexpert.com/discussion/comment/82089193#Comment_82089193

You mean it's still a broadsheet?

ThePirates

https://forums.moneysavingexpert.com/discussion/comment/82089507#Comment_82089507

Don't close, renew.

ThePirates

I hadn't noticed that the Virgin RS was NLA, probably missed it on all the off topic chat 😉

Mine matures in Feb '27, I guess it will all be amalgamated into Nationwide by then?

I was looking for the next RS top rate for my Mrs, we're right down to 5.x% with Manchester / Newcastle now.

dcs34

https://forums.moneysavingexpert.com/discussion/comment/82089267#Comment_82089267

Seems the sort of wording their legal department would be all over to minimise any risk of adverse reliance on such phrases - usually financial journalists will barely draw breath before telling you the following is not financial advice and past performance does not guarantee future returns…