Regular Savings Accounts: The Best Currently Available List!

premierfella

Bad news on the Furness Monthly Saver issue 2.

I have had my application returned advising that this issue can only be opened in branch (why they feel the need to restrict it in this way even for existing customers* is beyond me given that the rate, whilst good, is hardly setting the world alight at 3.5% :think:).

* Furness member since January 1998.

Milarky

Scottish BS



REGULAR BONUS SAVER - withdrawn 3.11.10

https://www.emoneyfacts.co.uk/news/news-search.aspx?newsarticleid=200094

adindas

In my opinion If people could still get higher than 4%, it is better to exhaust all of this option before moving to lower interest rate.

I do not know how Furness will compete with FD which offer 8% interest ?.

ADINDAS

Special_Saver2 wrote: »

Hi Folks,

Here is this weekend's update.

This page on eMoneyfacts says that Furness BS have launched Monthly Saver Issue 2 paying 3.5%, details as follows:



I cannot find this account listed on the regular savings page of the Furness BS website but I will add this account to page 1 of this thread once it does appear.

I will also mention that Cheshire BS have launched their Regular Saver Issue 6 account. As it only pays 2.5% gross interest, it is not good enough to make it on to page 1 of this thread.

I will do another update next weekend.

All the best,
SS2

Baldur

adindas wrote: »

I do not know how Furness will compete with FD which offer 8% interest ?

They aren't trying to compete, why would they want to? Not everyone has the funds required to meet FD's funding requirements but would still like a reasonable rate on their regular savings.

FD's sibling, HSBC, have been offering 8% on their Regular Saver for quite some time - but only to holders of certain accounts.

Special_Saver2

Hi Everybody,

Here is this weekend's update. These items have already mentioned by folks in the posts above.

- Removed the Scottish BS account which has been withdrawn
- First Direct Regular Saver interest rate increased to 8% for new accounts

I still cannot find any trace of the Furness BS Monthly Saver second issue account on their website. Given premierfella's post above, I do believe it exists so I have added it to post 4.

I will do another update next weekend.

SS2

Innys

Milarky wrote: »

Scottish BS



REGULAR BONUS SAVER - withdrawn 3.11.10

https://www.emoneyfacts.co.uk/news/news-search.aspx?newsarticleid=200094

Does anyone know if this applies to new applications or has the bonus been terminated on existing accounts as well?

Thanks

steady__eddie

Info on here http://www.scottishbs.co.uk/dmdocuments/Rates%20List%20(2010-11).pdf suggests to me that it is now a closed issue, i.e. if you had one before it was closed, then you have still got it. It is just closed to new applicants.

Special_Saver2

Hi Folks,

I cannot find anything to change at the moment. I will do another update next weekend.

All the best,
SS2

Dagobert

I received a letter regarding maturity of my Christmas Saver 2010:

The new Christmas Saver 2011 will launch as your funds mature.

Christmas Saver 2010, although called regular saver, allowed the max deposit of £1200 from day one. It matures on 1st Dec 2010.

anna42hmr

Dagobert wrote: »

I received a letter regarding maturity of my Christmas Saver 2010:
Christmas Saver 2010, although called regular saver, allowed the max deposit of £1200 from day one. It matures on 1st Dec 2010.

i received the same letter ref my yorkshire xmas saver as well, shame that they have not advised what the rate will be as not on their website as yet.

i am also hoping that skipton open a new christmas regular saver, but as yet nothing on their site, which is unusual as has for the past couple years been available from last week of october/first week of november.