Regular Savings Accounts: The Best Currently Available List!

Dagobert · 14 July 2008 at 8:12AM

Special_Saver2 wrote:

... Tesco account ...

Could you (or anybody else) post a message here to say whether this account can only send money to the nominated account?

As posted here, you can set up an unlimited number of payees. Payments can either leave immediately or be scheduled for a future date. Will use Faster Payments if recipient is taking part in the scheme.

Speculator · 14 July 2008 at 8:26AM

The only problem I found was that the Tesco a/c won't let you set up two seperate payments to the same building society if they use the same bank a/c no and sort code but different reference no.

I will get round this sending it twice and amending the reference no.

LongTermLurker · 17 July 2008 at 7:09PM

Originally Posted by notalk

Quote:
Originally Posted by notalk
I found out today that the Bank of Ireland have a new High Interest Regular Saver Account available to their customers in Northern Ireland which offers this amount of interest if you pay in at least £1,000 per month, and then are prepared to save between £25 and £250 per month by standing order. The interest rate only applies as long as you save the monthly sum.

Just to clarify notalk's statement, you have to open a current account and pay £1000pm into that, and are then eligible to open a linked RS account at 10% - a bit like the A&L offering.

Full details at http://www.bankofireland.co.uk/perso...aver-accounts/

This new account is available when you open a clear Current Account with us and use it to pay in your main monthly salary of at least £1,000.
Earn 9.57% gross1/10% AER2

Rate guaranteed fixed for 1 year

Save a fixed amount between £20 and £250 per month by standing order from your clear current account

Interest paid monthly

No withdrawals are allowed

Important If, for any reason, you stop making the minimum payment to your current account or you stop making standing order payments to the High Interest Regular Saver Account or you pay more than £250 in any month, the rate we will pay from that time will be reduced to the rate paid on our Demand Deposit account for the remainder of the term.

Looks like a good account if you want a linked current account

Special_Saver2 · 20 July 2008 at 10:34PM

Hi everybody,

Okay, I have updated the first posts of this thread as follows:

i) have added the new Darlington BS Monthly Supersaver account to post 4 - pays 8% variable interest for 1 year on £50-250 per month. I am sure this account will be of interest to the carpetbaggers out there.
ii) have updated the Halifax regular savings accounts in post 4 - according to emoneyfacts the rate will drop from 10% back down to 7% from tomorrow
iii) have added the Bank of Ireland High Interest Regular Saver Account to post 5 (as it requires a current account), thanks to notalk and LongTermLurker above
iv) have added extra details to the Tesco Internet Saver account entry in post 9 from the posts above

Hmm... shall have to think about opening one of these Darlington accounts for myself.

See you all next weekend,
SS2

LongTermLurker · 20 July 2008 at 11:02PM

Special_Saver2 wrote: »

ii) have updated the Halifax regular savings accounts in post 4 - according to emoneyfacts the rate will drop from 10% back down to 7% from tomorrow

Extra info: You need to open and fund this account by 20th July 2008.

Just need the text updating SS2

Special_Saver2 · 21 July 2008 at 7:17PM

Thanks, I have corrected that now. Lucky thing I managed to get to a computer otherwise the incorrect version would have been sitting there untli this weekend.

I have also put the offshore version of Halifax's regular saver back to the top of post 4 as they have kept the interest rate on that account at 10%. As expected, the UK version has dropped its rate to 7%.

SS2

Special_Saver2 · 26 July 2008 at 11:58PM

Hi everybody,

The only thing to add this week is that for the off-shore version of Halifax's Regular Saver, the website now says that you will get the 10% interest rate provided you open and fund the account by 24th October 2008.

See you again next weekend...

SS2

Special_Saver2 · 27 July 2008 at 12:19AM

Sorry, I have just discovered something else. I went to try and open a Tesco Internet Saver just now but all the cashback sites have removed their cashback deal for this account. I have therefore removed the line about cashback from my entry on this account. I am going to hold off opening one of these accounts for the moment but if I discover that the cashback has returned at some point in the future then I will post an appropriate update.

Special_Saver2 · 2 August 2008 at 10:53PM

Hi folks,

Just a brief message to say that I have had a look around but nothing seems to have changed in the world of regular savings this week!

See you all next weekend!

SS2

paul5046 · 3 August 2008 at 8:43PM

The halifax one at 7% becomes 10% if you have 10k in the designated account. Offer until 10th August. New savers only.

Regular Savings Accounts: The Best Currently Available List!

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