when a regular saver is worth it:

Mikeyorks

Our Halifax Reg Savers (x2) are funded directly (by SO) from a Halifax web account. So time in transit, per annum = zero.

But have to admit they're the sole Reg Savers I now maintain, as the associated hassle of feeding others away from the normal source of my current account - is simply not worth the return.

grumbler

wardrobe wrote:

...so im only going to lose £10 per year in total through "electronic transer black hole" lost interest. on transfering £3,000 pcm into Regular saving accounts?

Absolutely.
2-4 days interest on £3000 pcm
2-4 days pcm is 24-48 days p.a. on £3000. In the most pessimistic scenario if the transfers take 4 days on average you lose about £3000*4%*48/360=£16 (net).