Regular Savings Accounts: The Best Currently Available List!

adindas

Based on information from the following website:
http://www.money.co.uk/savings-accounts/savings-account-details/Principality-Building-Society/Christmas-Regular-Saver-Bond.htm
https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=210814
[FONT=&quot]it is branch application only, I have not seen this product advertised on their website.[/FONT]
[FONT=&quot]But although it is branch application only, I got confirmation from their Shrewsbury[/FONT]
[FONT=&quot]Brach, I am able to open one as I already have with them, RSA i11.[/FONT]
[FONT=&quot]Application form and infor about the product is on the way to my address.[/FONT]
[FONT=&quot]Those of you RSA hunters another one that should not be missed.[/FONT]
[FONT=&quot]This is the Brach I called[/FONT]
[FONT=&quot]Shrewsbury[/FONT]
[FONT=&quot]2 The Square
Shrewsbury
SY1 1LA [/FONT]
[FONT=&quot]Telephone 01743 353430
Fax 01743 350945 [/FONT]

arsenalboy

Just to let you know that I applied by post for the Principality Xmas Regular. Did two, one for me and one for my wife.
I just printed the general application off their site, filled them in and sent them off with a cheque to Queen Street.

Received confirmation in the post this morning that they have opened them:j. A pretty quick turnaround as well.

I have successfully applied before by post as I live in Devon, see my post 1263.

Not a bad rate, pity they have reduced their normal maximum of £500.

Biggles

My cheque went off tonight.

Chickabee

Has the 5% Principality Reg saver been withdrawn? Just checked their website tonight to open one and only mentions a 4% reg saver?

Careful_ly

Chickabee wrote: »

Has the 5% Principality Reg saver been withdrawn? Just checked their website tonight to open one and only mentions a 4% reg saver?

Its not on the website as its officially a branch only account, but as you can see some of us have opened by post. You can download an application form from their site.

adindas

Hi Chickabe
It has never been advertised on their website as this is a Branch based product.

people get infofrom this link:
https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=210814

There is also a thread on this particular product
https://forums.moneysavingexpert.com/discussion/3625327

Chickabee wrote: »

Has the 5% Principality Reg saver been withdrawn? Just checked their website tonight to open one and only mentions a 4% reg saver?

longleggedhair

I have a regular Saver from years ago with The Scottish BS. Its now a closed account, and pays 4% ( I believe its now 3% for new customers) you can pay a maximum of £1000 per month and its not fixed term. I pay the full amount monthly. Just wondered if you think this is the best home for my regular savings.....

Frogletina

longleggedhair wrote: »

I have a regular Saver from years ago with The Scottish BS. Its now a closed account, and pays 4% ( I believe its now 3% for new customers) you can pay a maximum of £1000 per month and its not fixed term. I pay the full amount monthly. Just wondered if you think this is the best home for my regular savings.....

I still have this account and would not think of closing it. So many regular saver accounts do have a fixed term and you cannot amend the payment. If you find a higher paying one, I would suggest keeping this open with the minimum payment.

adindas

I believe we still get 4% even after one year has elapsed. So it is really a good product as you could top it up every month and you get 4% interest on the whole balance.

longleggedhair wrote: »

I have a regular Saver from years ago with The Scottish BS. Its now a closed account, and pays 4% ( I believe its now 3% for new customers) you can pay a maximum of £1000 per month and its not fixed term. I pay the full amount monthly. Just wondered if you think this is the best home for my regular savings.....

Special_Saver2

Hi Everybody,

Here is this weekend's update to this thread.

As discussed in the posts above, I have added the Principality BS (5%) and the Yorkshire BS (3.5%) Christmas savers to post 7.

The Yorkshire BS account is a strange mix between a regular saver account and a fixed rate bond. It is like a fixed rate bond in that you can put the full £1,200 into the account now and withdraw it early for a penalty (90 days' interest). On the other hand, it is like a regular saver account in that you can open the account with £10 now and then add to it as you wish.

I have also found an identical account from Barnsley BS and Chelsea BS and added these to post 7. There is nothing that I can see in the key features to stop you from opening an account with each of the three divisions of Yorkshire BS (Barnsley, Chelsea and Yorkshire) if you wish.

I will do another update the weekend after next.

SS2