Regular Savings Accounts: The Best Currently Available List!

MarkFromCornwall

adindas wrote: »

It is availbale on this website: (Taken from the link in the 1st page of this thread)

It pays !0% APR ......

Abbey International Offshore Monthly Offshore Saver

Have anybody tried ? How do they work actually ?
Could we do it while we are UK residence ?.
Do we have to pay salary into the current a/c ?

Thank you for your time

ADINDAS

It's tempting isn't it. BUT they say "ALL DEPOSITS CARRY THE FULL AND UNCONDITIONAL GUARANTEE OF SANTANDER UK PLC"

and that's a nice way of saying that these accounts are not protected by Financial Services Compensation Scheme!

socrates

ctdctd wrote: »

You can't - in branch or by post only.

HTH

I only asked because it was stated:

"Accounts must be opened at a branch or through Skipton Direct"

I wondered if Skipton Direct was connected to a website.

EarthBoy

socrates wrote: »

I only asked because it was stated:

"Accounts must be opened at a branch or through Skipton Direct"

I wondered if Skipton Direct was connected to a website.

No, they just administer accounts by post.

apt

MarkFromMullion wrote: »

It's tempting isn't it. BUT they say "ALL DEPOSITS CARRY THE FULL AND UNCONDITIONAL GUARANTEE OF SANTANDER UK PLC"

and that's a nice way of saying that these accounts are not protected by Financial Services Compensation Scheme!

The Abbey International Offer is not tempting at all because you have to keep a minimum of £5,000 in a non interest-paying current account in order to qualify for the 10% regular saver.

sham63

I was in the Principalty in Cardiff today - they have launched a 5% regular savings account - it's branch only - min £20 max £500 per month.

I was told that it will only be available for 2 weeks.

adindas

I belive this is called Birthday Regular saver ..

Principality BS Birthday Regular Saver Bond

It is not newly though, only that it is moving from one branch to another brach,

ADINDAS

sham63 wrote: »

I was in the Principalty in Cardiff today - they have launched a 5% regular savings account - it's branch only - min £20 max £500 per month.

I was told that it will only be available for 2 weeks.

Baldur

adindas wrote: »

.....It is not newly though, only that it is moving from one branch to another brach,

Seems to be moving backwards in time as well, judging by the Llandudno dates:

Llandudno Branch: 20/12/2010 - 08/01/2010

Special_Saver2

Hi Folks,

I have seen on the Skipton thread that you can open one of their new Regular Saver accounts in addition to any old Special Saver accounts that you may still hold.

I cannot find anything else to add, remove or change.

I will do another update next weekend.

SS2

johnmoney05

Hi, just got the interest from Chorley BS Santa Saver I. It does not look right to me. I deposited £150 first of each month. From 1 Dec to 25 Nov total £1800. Now got the interest of £24.65 basic tax rate (it was only £21.92 net when looked closer!). Just wondering how much inerest you all got? Before I make enquiry to Chorley. Thanks.

adindas

Dear Special_Saver2
Thank you for keeping this thread alive providing us with up to date information about RSA. I know it is a voluntarily work.

One of the features that I believe about RSA is whether they allow people to open multiple a/c or not.

For instance
- I have £1000 a monthly to save, it is less hassle if I just put it into 2X£500 multiple a/c in one bank/BS. or alternatively
- If the limit is £250.00 I would rather put t 4x£250 multiple a/c in one bank/BS.

Advantage:
-Less Hassle
- Easy to see/control. If it not available on line, manage by post then you could see the current balance in one go e.g. send it by post 4 Pass Book in one go.

This is just a suggestion.

ADINDAS

Special_Saver2 wrote: »

Hi Folks,

I have seen on the Skipton thread that you can open one of their new Regular Saver accounts in addition to any old Special Saver accounts that you may still hold.

I cannot find anything else to add, remove or change.

I will do another update next weekend.

SS2