Regular Saver Thread **New and Restarted**

cosh25

The M&S regular saver is now 2.75% (as expected)

Special_Saver2

Hi Everybody,

I have completed this weekend's update.

- M&S Regular Saver interest rate now 2.75% for new accounts

- Principality BS Learner Earner issue 2 paying 4% variable replaced with issue 3 paying 3% variable

- Principality BS Christmas 2020 Regular Saver Bond paying 2.7% on up to £125 per month (max £1,500) added

- Principality BS 1 Year Regular Saver Bond issue 19 removed and replaced with issue 20, also still paying 2% on up to £500 per month

- Tipton and Cosley BS Fixed Rate Regular Saver entry updated to show the currently available version matures on 30th November 2020 (pays 2% fixed interest on up to £500 per month)

- I have changed the criteria for inclusion on the list on page 1 so that only accounts paying 2% or more or listed (I needed to remove accounts paying less than this to do this weekend's additions as there is a character limit for each post)

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page

arsenalboy

Another one has reduced its rate.

Just opened a letter from Leek and the rate has dropped from 2 to 1.5 from 2 Dec and annual bonus being withdrawn from 2020.

Saver53

The header entry for the Earl Shilton Regular Saver is incorrect in claiming that you can miss payments without penalty. The ESBS webpage for the account makes clear that 12 monthly payments must be made each year and that each payment must be between £10 and £500. If this is not done, the account will be closed at the cost of a penalty of £10. Additionally the account leaflet (link from the webpage) confirms that only one payment can be made each month.

Frogletina

eastofeden wrote: »

The Santander RS rate is now 2.5% and Nationwide have scrapped their RS altogether.

I'm late in seeing this about Nationwide - mine has just matured and I wondered why I couldn't see another one!

Thanks

dekkard

Sorry if this has been asked before but if I open and pay the full monthly amount into an HSBC Regular Saver this week, can I pay in December's full amount on 1st December?

Or do I have to wait till a month after account opening?

TIA

YorkshireBoy

dekkard wrote: »

Sorry if this has been asked before but if I open and pay the full monthly amount into an HSBC Regular Saver this week, can I pay in December's full amount on 1st December?

Or do I have to wait till a month after account opening?

TIA

I believe it has been both asked and answered before. Seem to remember they'll gladly hang on to your money, but won't pay interest on it. Wait for the monthiversary would be my advice.

Seem to remember this was found out by the user 'Polymaff'?

Growingold

Apparently you cannot open the R/S Issue 4 if you have a currrent R/S 3 with them.

Every_Penny_Counts

Growingold wrote: »

Apparently you cannot open the R/S Issue 4 if you have a currrent R/S 3 with them.

That's correct, however you can open the 170th Birthday R/S if you already have the R/S 3.

schiff

Every_Penny_Counts wrote: »

That's correct, however you can open the 170th Birthday R/S if you already have the R/S 3.

However:

"This account is only available to individuals who currently reside in our heartland area."

Unless it's changed?