Any account higher than 2% ?

michaels

Santander 1-2-3 3%

apt

The FD regular saver would not work, but there are some regular savers that could be used. But unless I lived near one of the Nationwide subsidiaries that is offering 5% on £100-£500 per month and allows one penalty free withdrawal it's probably not worth the hassle.

innovate

michaels wrote: »

Santander 1-2-3 3%

But only for deposits over £3K, and it costs £2/mth.

• 1.00% AER/gross (variable) on balances from £1,000
• 2.00% AER/1.98% gross (variable) on balances from £2,000
• 3.00% AER/2.96% gross (variable) on balances from £3,000 and up to a maximum of £20,000.

Lloyds Vantage could be an alternative, but neither the 123 nor the Vantage are best before you get to £3K. They are both variable rates, too.

- 1.50% AER/ 1.49% GROSS variable on balances from £1 to £999.99.
- 2.00% AER/1.98% GROSS variable on balances from £1,000 to £2,999.99.
- 3.00% AER/ 2.96% GROSS variable on balances of £3,000 to £5,000.

MSE users Reg Saver list: first couple of posts of this thread https://forums.moneysavingexpert.com/discussion/608697

Chorlie

Not sure where you're based but Cheshire & Derbyshire Building Societies both offer a 5% Regular Savings A/c which permit 1 withdrawal without loss of interest.....

http://www.thecheshire.co.uk/Savings-and-Investments/Regular-savings/Platinum-Monthly-Saver/

(Not sure why Nationwide don't just offer this account since they are the same group...)

chelseablue

Im in the South East

Thank you for all the replies

Seems the Virgin one would be best at the moment

innovate

Well, I think you can do better. For example

Ulster Bank Special Interest Deposit Account

Interest rate: 3% gross/AER (variable, 2.5% from 15th March 2013) on balances between £1 and £15,000 and 1.5% gross/AER (variable) on remainder of the balance above £15,000
Monthly payment: £1-£1,000
Miss any payments: No stated penalty for missing a payment
Penalty-free withdrawals: Yes. Unlimited withdrawals are permitted on the Account.
Age of applicant: 18 or over
How to open account: Branch, Online or Post
Special conditions: Maximum balance £100,000. You must set up a Standing Order to credit the Account monthly. The Standing Order must be for not less than £1 and not more than £1,000. The Standing Order can be increased or decreased within these limits. Several forum members report on page 102 of this thread that you can use an electronic payment or a cheque for the first payment.

kidmugsy

As well as the Ulster one, you could consider
Yorkshire BS Regular Saver (Issue 2)

Interest rate: 3% gross p.a.
Monthly payment: £10-£250
Penalty-free withdrawals: Yes, can make 1 penalty-free withdrawal per account year
How to open account: Branch or post (account can be operated online once opened but must be opened at a branch or by post)

See other attractive options at
https://forums.moneysavingexpert.com/discussion/608697

Stompa

alanq wrote: »

The OP states that they "already have an ISA for this tax year".

Oops sorry, my mistake - misread the original post.

chelseablue

innovate wrote: »

Well, I think you can do better. For example

Thank you, I am going to open one of these