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Regular Savings Accounts: The Best Currently Available List!
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I opened one of these on Saturday just gone.
No problems, took about 10 minutes and they sent me the passbook through the post and I got it yesterday.0 -
krbs Regular Savings
4% variable. Branch only. Penalty-free withdrawals. Save £25-£500 pm.
http://www.krbs.com/products/savings-and-investments/savings-accounts/regular-savings-accounts/one-year-regular-savings-account/0 -
krbs Regular Savings
4% variable. Branch only. Penalty-free withdrawals. Save £25-£500 pm.
http://www.krbs.com/products/savings-and-investments/savings-accounts/regular-savin.gs-accounts/one-year-regular-savings-account/
The krbs website says "download an application form and return it to one of our branches".
I might just do that and return it by post!
Nothing ventured, nothing gained0 -
arsenalboy wrote: »The krbs website says "download an application form and return it to one of our branches".
I might just do that and return it by post!
Nothing ventured, nothing gained
Just to confirm that although all the info states branch only I have managed to open one by post.
The downloadable application form is specific to the account and I returned it to a branch. Posted it on Saturday and received confirmation from them this morning, pretty quick turnaround.0 -
Apparently, M&S have launched a 6% regular saver. I can't find any info on their website. Is it a stand alone a/c or require a current account?
http://www.thisismoney.co.uk/money/saving/article-2178658/Why-WONT-want-6-savings-account-M-S.html
edit: Just found it on thier website. It's for current account holders only.
"We have a very special savings account that will only be available to customers of the M&S Premium Current Accounts. By committing to save between £25 and £250 every month for 12 months, your money will earn an impressive 6.00% AER/gross (fixed). That will produce over £90 in interest in just one year if you save the maximum £250 a month. If you need access to your money during the term, you will need to close your account early. If this happens, you will lose the Monthly Saver interest rate and interest will be paid at the closure rate advised to you at account opening."0 -
Speculator wrote: »Apparently, M&S have launched a 6% regular saver. I can't find any info on their website. Is it a stand alone a/c or require a current account?
http://www.thisismoney.co.uk/money/saving/article-2178658/Why-WONT-want-6-savings-account-M-S.html
edit: Just found it on thier website. It's for current account holders only.
"We have a very special savings account that will only be available to customers of the M&S Premium Current Accounts. By committing to save between £25 and £250 every month for 12 months, your money will earn an impressive 6.00% AER/gross (fixed). That will produce over £90 in interest in just one year if you save the maximum £250 a month. If you need access to your money during the term, you will need to close your account early. If this happens, you will lose the Monthly Saver interest rate and interest will be paid at the closure rate advised to you at account opening."
£90 interest, £240 in charges for their current account. Better off with First Direct and HSBC0 -
Hi Everybody,
Thanks for all the contributions above whilst I was away.
Here is this weekend's update.
- Nottingham BS Diamond Jubilee Saver (post 3) withdrawn
- Tesco Internet Saver (feeder account section) interest rate dropped from 2.8% to 2.6%
- krbs One Year Regular Savings Account added to post 4
- Marks and Spencer regular savings account open for "pre-registration" and added to post 5 but as mentioned above pays a maximum of £90 interest and requires a current account that costs £180 or £240 per year
I will do another update next weekend.
SS20 -
This thread is brilliant, thank you so much.8k in 2015 Challenge ( #167)0
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I can confirm that I managed to open the branch-based Kent Reliance One Year Regular Saver by post.
Rather confusingly, their web page states that the maximum balance is £7000. At £500 per month, a one-year saver can only get up to £6000. ??Dagobert0 -
I guess the "13th payment" by making credits after the opening month deposit earlier in the month is probably possible with this account (so £6500).
But indeed this doesn't expain how they've got to a maximum balance of £7000 (unless there is some unwritten rule that means that the opening deposit is not included in the "maximum deposit per month")0
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