Regular Savings Accounts: The Best Currently Available List!

chubbybrown4real

Scottish building society pays 3% bonus + 1% on its monthly saver =4% interest is paid in March.

Special_Saver2

Hi Everybody,

Here is this weekend's update.

- Nottingham BS Fixed Rate Regular Saver (was paying 5% gross) has been withdrawn
- Egg Savings Account Issue 2 (feeder section) interest rate is 2.5% for new applicants from 21st July (the interest rate remains 2.8% for accounts opened from 26th May 2010 to 20th July 2010 according to Egg's interest rates page)

I will do another update next weekend.

All the best,
SS2
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bloaty

chubbybrown4real wrote: »

Scottish building society pays 3% bonus + 1% on its monthly saver =4% interest is paid in March.

Seems to be only available through branches.

Innys

bloaty wrote: »

Seems to be only available through branches.

This is not true - see page 4 & the bottom of page 6 of this link:

http://www.scottishbs.co.uk/images/stories//sbs_regular%20bonus%20saver.pdf

Cypermethrin

Has anyone any experience of the Halifax International Regular Saver Account ?

Pays 4% and can save from 100 to 2000 pcm - and can vary it month to month




++++++++++++++++++++++++++++++

Do you want to get into the habit of saving regularly? Our Halifax International Regular Saver Account will ensure you save every month for 12 months so you can watch your nest egg grow into a tidy sum.

• No hassle - just save any amount between £100 and £2,000 every month for 12 months by standing order only and get a great rate of 4% AER**/Gross* p.a. fixed for a year. For example - save £500 every month and earn £129.53 gross* interest after 12 months
• Simple- all you have to do is set up a standing order so the payment is automatically paid each month (must be on or before the 28th of each month)
• Flexible - you don't have to save the same amount each month. You can save from £100 up to £2000. - simply change your standing order amount to suit you.
• No withdrawals or missed payments during the 12 months otherwise the account will close. However if you do need emergency access to your money you can close your Regular Saver Account early. You will receive interest up to the date of closure at the rate for the(lower tier) account and the balance and interest will be transferred to this account.
• Interest rate is fixed for a year from the date of receipt of your first standing order. Please check to find out the correct interest rate for your account.
• After one year, your Regular Saver Account and interest are transferred into thewhich will be opened at the same time as your Regular Saver.

• One Regular Saver Account per customer, in sole name or joint names, but not both.
• The Halifax International Regular Saver Account is only available in Sterling.

martyn4764

Cypermethrin wrote: »

Has anyone any experience of the Halifax International Regular Saver Account ?

Just opening one at the moment, so no feedback yet; but you presumably know it's not available to UK residents?

Cypermethrin

err no I didn't ! And reading the blurb there's nothing obvious that states that . . . feel free to educate me - I thought it was just an off-shore account and UK resident could apply

martyn4764 wrote: »

Just opening one at the moment, so no feedback yet; but you presumably know it's not available to UK residents?

martyn4764

Actually Cyper - and unusually for an IoM division of a UK bank - I think you may be right and UK residents may be eligible.

If you go to the homepage it talks about those living, or just about to move, abroad, but there's nothing apparent which specifically excludes UK residents (and the application page seems to accept a UK address, too.

ctdctd

Cypermethrin wrote: »

Has anyone any experience of the Halifax International Regular Saver Account ?

I've had one for the last couple of years, no problems and I'm UK based

Note it's not covered by the UK FSCS compensation scheme but relies on the Isle of Man one.

chookie1

The Saffron Regular Saver is now branch opening only - bit of a shame but I guess that's what happens when an account features in the email and the massed hordes of money savers descend on you!