The Top Regular Savers Discussion Thread

friolento

https://forums.moneysavingexpert.com/discussion/comment/82104979#Comment_82104979

so we're back to the 5%, or even 5%+, easy access savings accounts - - but as they can't be mentioned here, I shan't comment further

Eco_Miser

https://forums.moneysavingexpert.com/discussion/comment/82105157#Comment_82105157

For the 18 years that I have been reading this forum, the Regular Saver thread has had the first page (the lists of worthwhile RSs) updated at least weekly, frequently more often, and since Bridlington1 took over, a separate No Chat thread has provided just the changes, no need to wade through all the "I've opened the account", "I'm waiting for login-details/account number/a letter/verification", "Is a 13th payment possible?","The real interest rate is only half the headline rate" and the colour of magic shirts type posts, as well as useful notifications of new RS accounts and easy access accounts that beat most RSs.

jaypers

Lloyds Regular Saver

So I’ve finally migrated my Halifax app to Lloyds. Hold a Halifax RS. Was going to take the plunge and apply for a Lloyds one as well. Wording in T&Cs says the following…..

“You can only have either one Monthly Saver or Club Lloyds Monthly Saver account, held either in your sole name or jointly but not both.”

I’ve now paused but know many have successfully got both (in some cases 3 with BOS). Am I overthinking this?

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82105596#Comment_82105596

If the existing saver is still badged "Halifax" can't see why a Lloyds RS in addition would be a problem.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82105596#Comment_82105596

You are right, quite a few people have all three of the 8% ones, or one each at Halifax and BoS plus one or two Lloyds from the pre-8% issues. All applied for through the respective apps/online.

My guess is they will still let you have the Lloyds RS, as you don't yet have a 'proper' Lloyds RS. In which case, go for it. If not, I'm afraid, you have missed the boat. Interesting to see what will happen.

jaypers

https://forums.moneysavingexpert.com/discussion/comment/82105610#Comment_82105610

It just says ‘Regular Saver’ but with a Halifax logo next to it. Also Halifax Sort Code 11-64-69 and Lloyds one will be their branding. May as well give it a go…….whats the worst that can happen?

The_Groat_Counter

https://forums.moneysavingexpert.com/discussion/comment/82105596#Comment_82105596

Yes, you are. You might be using the Lloyds app to access your Halifax accounts, but they are still Halifax accounts.

gt94sss2

MonBS

So I have a MonBS Branch Exclusive RS which matures on Saturday 29 August.

I assume if I let it mature normally, I won't receive any funds until Tuesday 1 September given weekends/bank holidays.

If so, does one receive the Easy Saver interest rate (the default maturity option) during this period and it would be worth manually closing the account on the 28 August instead?

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82105614#Comment_82105614

The only issue with it would potentially be that until the Halifax account is rebranded to a Lloyds current account, you don't have the specified current account.

Joseph1215

Monmouthshire BS

Re the comments on p.489 on the MonBS's Branch RS, my letter from them gives a fourth option on maturity - if we don't receive instructions, your balance will be transferred to our Easy Saver at 1.10%, which will provide you with instant access to the funds.

The online account also gives two options for an electronic transfer of matured funds from the Branch RS - either to another MonBS account, or to your nominated external account. You can set up the date and amount in advance and end with your password. Perhaps this only works if you set up the nominated account at the beginning, but there seems to be no requirement for copies of bank statements.