Regular Savers

Where to make the most of your savings

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planteria
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Regular Savers

Postby planteria » Sun Jul 31, 2016 12:08 pm

i've had several running in the past few months, but some won't be being renewed..
HSBC and M&S both paying, and hopefully can be renewed, at 6%.
Nationwide paying, and hopefully can be renewed, at 5%.
but Lloyds have dropped from 4% to 3% so will probably not renew.
and TSB have dropped from 5% to 2% so have cashed out and not renewed.

any i'm missing?
i think i'll just work on the basis of saving into 5%+ RSs :arrow:

joker
Posts: 77
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Re: Regular Savers

Postby joker » Sun Jul 31, 2016 4:10 pm

First direct, 6%. Santander 5%. N and P 4%.

ceredigion
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Re: Regular Savers

Postby ceredigion » Sun Jul 31, 2016 5:12 pm

TSB was (is) fixed for 12 month's so why "cashed out " ?

Sarah
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Re: Regular Savers

Postby Sarah » Sun Jul 31, 2016 7:34 pm

I think cashed out meaning matured at 5% but not renewed 2%. I'm in the same position, currently; haven't yet decided whether or not to go for a second year at 2%. Looking at the full interest rate history for this account, it's actually been up or down several times, so maybe 5% (or at least 3%) could return!

http://www.tsb.co.uk/help/rates-and-cha ... hly-saver/

planteria
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Re: Regular Savers

Postby planteria » Sun Jul 31, 2016 8:33 pm

that's exactly it Sarah. not renewing at 2%. but perhaps they'll bring 5% back.. retaining the c/a for interest on the 2k and £5/m cashback on spending.

i didn't know about Santander, thanks joker. limited to £200/m. don't have a c/a with them nowadays.

mike_p
Posts: 14
Joined: Wed Jan 06, 2016 9:38 am

Re: Regular Savers

Postby mike_p » Mon Aug 01, 2016 9:56 am

Halifax Kids RS pays 4%, though used to be 6%.

Seems to me like we're witnessing the end of interest paying accounts, to all intents and purposes. If S123 cuts its rate as suggested then all the other current accounts will do likewise.

cashback
Posts: 79
Joined: Tue Jan 05, 2016 5:59 pm

Re: Regular Savers

Postby cashback » Mon Aug 01, 2016 10:57 am

Has anyone else opened 6 TSB Classic Plus Current Accounts yet?

That's £12k paying 4.89% AER, instant access

planteria
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Re: Regular Savers

Postby planteria » Tue Aug 02, 2016 8:40 am

just the one..

Anon
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Re: Regular Savers

Postby Anon » Tue Aug 02, 2016 1:29 pm

cashback wrote:Has anyone else opened 6 TSB Classic Plus Current Accounts yet?

That's £12k paying 4.89% AER, instant access


I have only two from when you could originally have 2 - tried to open another Classic a few months ago and it sent me a text saying to call, but never got round to calling :oops: - is that a normal stage when signing up online for more than 2 or was it to block more accounts being opened? Thanks

cashback
Posts: 79
Joined: Tue Jan 05, 2016 5:59 pm

Re: Regular Savers

Postby cashback » Tue Aug 02, 2016 3:14 pm

It's quite normal to have this request Anon. I faced it on 2 out of 5 occasions.

I hadn't lived at my current address for >3 years so I think that contributed.

It's all documented here
http://stoozing.com/stoozforum/viewtopic.php?f=3&t=18


I was only ever asked with reference to the account I was applying for, not the ones hat already existed


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