Regular Savings Advice

jimjames

You've not mentioned Tesco in the list, you don't need to switch and you'll get 3% on all the money in the account up to £3000 and may still be able to get 2 accounts too. Obviously it's a current account so you may not want to do that but unlike a regular saver it pays on full balance from day 1 and no end date although rate only guaranteed till April 2019

soulsaver

jimjames wrote: »

You've not mentioned Tesco in the list, you don't need to switch and you'll get 3% on all the money in the account up to £3000 and may still be able to get 2 accounts too. Obviously it's a current account so you may not want to do that but unlike a regular saver it pays on full balance from day 1 and no end date although rate only guaranteed till April 2019

And TSB 5%..

soulsaver

aj23 wrote: »

I'm not doing Santander 123 + RS per what I said in my OP.

It isn't linked.. so not 'per what I said..'

kidmugsy

I like the Saffron one. If you're in the right postcode Ipswich do a good one too.

aj23_2

jimjames wrote: »

You've not mentioned Tesco in the list, you don't need to switch and you'll get 3% on all the money in the account up to £3000 and may still be able to get 2 accounts too. Obviously it's a current account so you may not want to do that but unlike a regular saver it pays on full balance from day 1 and no end date although rate only guaranteed till April 2019

I have a Tesco account which I did keep £3000 in from February 2017 until March 2018 but I used it to fund my Lifetime ISA, so all that is in it is the interest I got. The minimum 3% ends in April 2019 so they most probably will drop it.

aj23_2

soulsaver wrote: »

And TSB 5%..

But that would involve switching and I don't want to do that per my OP

aj23_2

soulsaver wrote: »

It isn't linked.. so not 'per what I said..'

You have to fund a Santander Regular Saver from your Santander current account, and that involves switching, which as I said I don't want to do.

"If you don’t fund the account from your Santander current account or if you deposit more than £200 in any month, Santander reserve the right to revert your account into an Everyday Saver."

aj23_2

kidmugsy wrote: »

I like the Saffron one. If you're in the right postcode Ipswich do a good one too.

Yeah I fall in the cachment for Ipswich Building Society too even though I live nowhere near it ha.

I'm also looking at who put their rates up in November and who didn't. Leeds and Yorkshire did, but Saffron, Virgin and most banks didn't.

System

aj23 wrote: »

Thank you.

I don't think I can open Principality or Chorley as I'm not resident of their postcodes or near a branch. VM Double Take I want something better than 1.30%. I do bank with Halifax, but 3.5% 200pm at Saffron BS slightly beats 2.5% 250pm Halifax RS in terms of interest accrued, saving me £600 over the year as such, as my money at Saffron wouldn't be working as hard.

Chelsea BS, owned by Yorkshire BS, also offered the 2 year RS until a few months ago, same with N+P until it was taken over by YBS.

Hey hey! You are in luck indeed! I'm from South London, so definitely not a resident of those postcodes for Principality or Chorley, nor do you have to be... hehe. that's why I opened them!


Just to let you know I went to a Bromley branch, and opened the regular saver with YBS, really happy!


Definitely check out Principality and Chorley. I opened my Chorley this month, and Principality this month, so I assure you, you don't need to be a resident.

System

aj23 wrote: »

I was giving info on the savings accounts I already have save someone suggesting something I already have, and my current account so people know I'm not with a provider who offers 5% RS, which I explained after why I don't want to switch.

Thanks. I'm thinking Virgin e-Saver as I can open it online (nearest branch is 18 miles away) and Saffron as I have 2 within a few months of few.

I looked at that thread and it needs updating. Virgin ones still say about maturing in Feb 2019 (older issues) and I think the Leeds one needs updating. One I can't remember had been taken off sale when I clicked the link.

Deffo do the VM Reg E-saver, I have that as well as the double take one I mentioned so I'd say VM Reg E-saver, and look at principality and chorley