The Top Regular Savers Discussion Thread

Zippy29

https://forums.moneysavingexpert.com/discussion/comment/81908297#Comment_81908297

Yes, I did it just now after reading your post. Went into the Lloyds app, looked their savings options. They said they were only showing me the options available to me and there it was - Lloyds Monthly Saver. Opened within a minute. I've got Bank of Scotland current account, Lloyds and Bank of Scotland credit cards and I now have monthly savers with all three - Lloyds, Halifax and Bank of Scotland.

janusd

https://forums.moneysavingexpert.com/discussion/comment/81908607#Comment_81908607

many thanks for posting this - I have a Halifax RS (without a current account - seen no need for it yet), a Lloyds current account and their two RS - but no accounts directly with Bank of Scotland.

I just registered for Bank of Scotland online, using the Lloyds current account details - it works fine and was able to open and fund a Bank of Scotland monthly saver without the need for their current account. 😀

Bridlington1

Santander Regular eSaver Account (Issue 20) at 5% NLA. Replaced by issue 21 at the same rate.

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/81909446#Comment_81909446

Why do they bother? Unless there's a change to the T&Cs or the rate, why do they change the issue number?

happybagger

@Bridlington1

I notice Loughborough BS Super Saver has been NLA since 2 March, according to their new 'closed issue' rates list. Don't think I've seen it mentioned in this thread? Not sure which was still available, the 1or 2 year - one had gone NLA earlier, now both have

Apologies if already posted somewhere

Rates effective 2 March 2026

friolento

https://forums.moneysavingexpert.com/discussion/comment/81909562#Comment_81909562

No idea. Strange. Perhaps they are planning to drop the rate on the old version?

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81909607#Comment_81909607

It has a fixed rate.

thefrank

https://forums.moneysavingexpert.com/discussion/comment/81909607#Comment_81909607

I think every issue has its own budget, a final 'goal' to reach and belongs to a specific part of the annual balance. Once the results are met it 's closed and registered in the wider balance of the building society or bank. Any plans to drop the rate has nothing to do with the numbers of subscriptions that form the initial forecast of the total 'cost' of interests that will have to be paid in the end

allegro120

https://forums.moneysavingexpert.com/discussion/comment/81909566#Comment_81909566

Loughborough

1 year went NLA first, it was mentioned in this thread.

x44

For these fixed rates I recall that the societies do complex forward money market operations to insure their risk of interest rates changing signifcantly during the duration of the account.

This means as per the previous poster they have a fixed amount they want or rather a fixed upper amount that they have "bought" the insurance for. At that point they close the issue to us the customers and start all over again.

We used to do the same for exchange rates when we/my employer was suppyling overseas to 'buy out' the exchange risk to us so we would know exactly how much £ we would get for the contract - and these were multi £m contracts lasting many months and not be subject to exchange rate fluctuations. Bascially we sold the expected currency receipts in the forward market and someone else took the risk.

Obviously like any insurance you are paying a premium for transferring the risk but the result to you is more certainity of the end result.