Such a thing as a 'regular MINIMUM saver' account?

Alan_Cross

I'm in a position where I've used up my ISA allowance and would like to make a regular monthly saving of at least £500 but sometimes it could be more.

Is there an account which caters for this, does anyone know?

rb10

Well, you could have two Regular Savers. http://www.moneysavingexpert.com/savings/best-regular-savings-accounts

So, for example, you could put up to £500 into the Halifax one at 7%, and then up to £250 into Barclays at 6%.

But, as Barclays have a minimum of £20, if you wanted to save exactly £500, you would have to put £480 in Halifax and £20 in Barclays for that month.

Milarky

Actually there is no obligation to save into the Barclays account every month. If you miss a payment there is no 'penalty' as such (see Condtion 5). So your original combination of accounts might suit the OP's needs nicely

Alan_Cross

Just bumping this one to see if there are any other thoughts around.