Regular Savings Accounts: The Best Currently Available List!

Careful_ly

Hi Wriggly

Principality do have 2 regular savers on offer currently, issue 10 paying 4% fixed, which can be opened online and the forms printed and sent to them, or in branch.
Also the Birthday saver you quoted which is paying 5% and needs to be opened in branch, for a 2 week period in each branch only.

The Members saver was available in March this year and paid an amount of interest starting at 4.7% for customers who at the time had held an account for 2 years. So you wouldnt have qualified for the account.

HTH

MoneyStudent

Opened a Principality Birthday Regular Saver yesterday

Special_Saver2

Wriggly, I believe you are quite right. I remember adding the Members Regular Saver Bond to the list at the time and I think I removed it once it was no longer available. Apologies for putting some of the details of that product in with the Birthday Regular Saver Bond. Hopefully you can see how I accidentally did this - they are both listed as bonds celebrating their 150 year celebration.

I have amended the link in post 4 accordingly and changed some of the details to "details to be confirmed."

MoneyStudent, as you have just opened one, could you look at the terms and conditions you were given and post them here? Your response could save somebody else a long journey to a branch if they decide they don't like the terms and conditions. I need to fill in the following blanks:
Interest rate: 5% gross p.a. fixed (please confirm this too)
Monthly payment: £ details to be confirmed
Miss any payments: details to be confirmed
Penalty-free withdrawals: details to be confirmed
plus any special conditions?

SS2

Zebra

SS2

The Special Conditions for Principality Regular Saver Bond (Issue 10) - "Only one payment per calendar month" isn't entirely correct.

From the T&C's:
"6. You can make more than one payment into your Bond each month subject to the minimum and maximum monthly limits set out in Condition 4."

Special_Saver2

Hi Everybody,

Here is this weekend's update:

- Updated information from post above regarding terms and conditions of Principality Regular Saver Bond (Issue 10)
- Removed Cheshire BS, Dunfermline BS and Derbyshire BS 4% regular savers which have all been withdrawn from close of business 31st August 2010
- Updated Furness BS Monthly Saver details - only available in branches from 31st August
- Added Loughborough BS Monthly Saver account to post 2 - this is a new regular saver account which pays 3% gross (1.5% fixed bonus on top of 1.5% variable rate basic interest) per annum on £10-£250. Although the interest rate is not as good as most of the accounts that make it on to this list, there is no maturity date.

I will do another update next weekend.

SS2

Special_Saver2

Hi Folks,

There are no changes that I can find for the list on the first page of this thread.

I will do another update next weekend.

SS2

johnmoney05

Furness BS Monthly Saver T&Cs is changed, only allowed one account per customer now.

I have one and tried to open another 2 last week. Application got returned and sent a new T&Cs.

Careful_ly

2 new regular savings accounts available from yesterday from
Norwich and Peterborough

The E-regular saver paying 4% for deposits upto £250, and for those who have children the E-Family regular saver paying 5%.

Looking at the terms and conditions I think that these can be held in addition to the non E versions

http://www.nandp.co.uk/savings/regular-savings/

premierfella

I don't think the latest addition to the charity affinity regular saver accounts has had a mention here yet: St Catherine's Hospice Regular Saver 3% p.a. gross variable, terms similar to the existing affinity accounts
http://chorleybs.co.uk/index.php?option=com_content&task=view&id=350&Itemid=443

I think the information on the nominated account for Chorley's regular saver accounts also needs a slight update. The minimum balance on the Chorleian Share, which is the current equivalent of the old Paid Up Share account, is £1.

Martin

Careful_ly

Special saver2,

I now have the details of the Principality Birthday saver bond you requested in post 1154
Interest rate ; Fixed 5%
Monthly payment ; £20 - £500 per month, can be made in more than 1 payment. Standing order date 20th latest
Miss any payment ; No
Penalty-free withdrawals ; No withdrawals before bond maturity. Early closure pays bottom tier of instant access account for entire period.
Can be held in joint or single names, but only one bond per customer.
Access ; Branch only, I have opened my account by sending application in the post to a birthday branch, existing customer, rang to check okay first.
"This Bond has a limited availability and we reserve the right to withdraw it at anytime without notice." So it could get withdrawn before it gets to the later branches I suppose.

HTH