Regular Savings Accounts: The Best Currently Available List!
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Received the same letter. Not clear to me what that means for the introductory rate of 2% that applies currently (as far as I am aware at least) as it only cites a drop from 1.5% to 1.1%.
Anyone else any clearer on this?
Thanks.
I have spoken to the Market Harborough people. The answer is that the 2% rate (which I am on at the moment) is 1.5% plus a bonus of 0.5%. The bonus remains, for the first year only, but the interest rate falls to 1.1%. Therefore, from 23rd February to the anniversary of opening my account I'll receive 1.6%.0 -
Have you maxed all the 4 and 6% Regular Savers? 1.6% or even 2% sounds exceedingly dire.
Even if you discarded these because they require a current account, there are still much better Regular Savers about. Or even current accounts?0 -
Have you maxed all the 4 and 6% Regular Savers? 1.6% or even 2% sounds exceedingly dire.
Even if you discarded these because they require a current account, there are still much better Regular Savers about. Or even current accounts?
Yes I have. I also have the current accounts. I intend to keep the now-poorer paying accounts going, with minimum payments, because last year I had my fingers burnt with Skipton. I closed my Skipton accounts when the 12 month period expired, which meant that when they launched their loyalty regular saver, I didn't qualify for the higher rate! Chorley have issued a similar thing recently, where they paid a higher rate to existing members. I don't want to lose out on future opportunities of this type.0 -
WOW - how much are you putting into regular savers each month? I am feeding £5.7K into various Regular Savers each month and my lowest is paying 2.5%.0
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I have spoken to the Market Harborough people. The answer is that the 2% rate (which I am on at the moment) is 1.5% plus a bonus of 0.5%. The bonus remains, for the first year only, but the interest rate falls to 1.1%. Therefore, from 23rd February to the anniversary of opening my account I'll receive 1.6%.
Thanks. I received the same feedback today.Yes I have. I also have the current accounts. I intend to keep the now-poorer paying accounts going, with minimum payments, because last year I had my fingers burnt with Skipton. I closed my Skipton accounts when the 12 month period expired, which meant that when they launched their loyalty regular saver, I didn't qualify for the higher rate! Chorley have issued a similar thing recently, where they paid a higher rate to existing members. I don't want to lose out on future opportunities of this type.
Likewise.0 -
Can also open by post. There is an application form on their website which can be sent to the freepost address given online.Special_Saver2 wrote: »
Norwich & Peterborough BS Gold Savings Account
Interest rate: 4% gross p.a. fixed
Monthly payment: £20-£250
Miss any payments: No
Penalty-free withdrawals: No early withdrawals at all and cannot close the account early
Age of applicant: Not stated
How to open account: In branch or by telephone
Special conditions: Must also open a Gold Current Account and fund this with at least £500 per month. After 12 months the money is transferred into an Easy Plus account. Can only hold one Gold Savings account ever. Can move money manually from Gold Current account using online banking. The Gold Current account offers free cash machine withdrawals and debit card transactions overseas.0 -
Hi Folks,
Here is this weekend's update.
- Norwich and Peterborough BS Monthly Regular Saver account can be opened by telephone (as well as in branch as before)
- Norwich and Peterborough BS Gold Savings account can be opened by post (as well as by telephone and in branch)
I will do another update next weekend.
SS2
For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=10 -
M & S Monthly Saver
Quote:
Originally Posted by Ed-1
The answer is YES. You can change the standing order date but you can't amend the date of an existing standing order. As with the HSBC regular saver, you can delete a standing order and setup a new one later.
The terms and conditions state:
You can stop a standing order that has been set up to your M&S Monthly Saver account and set up a new standing order at a later date.
Has anyone successfully changed the date of their standing order? My OH tried to set up a new s/o and failed but he didn't cancel the existing one first. He did speak to an agent who said the date can't be changed.0 -
Meant to say the Skipton Building Society Regular Saver has been withdrawn, the website doesn't show the account any more and promotional material appears to have been withdrawn in branches too. Well at least the branch I was in!0
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Newcastle Big Home Saver/ISA Issue 1 rate dropping to 2.54% from 9th March bringing it down to the same as Issue 2.0
This discussion has been closed.
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