Regular Savings Accounts: The Best Currently Available List!

ctdctd

KuchKuch wrote: »

I don't suppose anybody knows of a way of opening this account without going into a branch? I'm nowhere near the Nottingham area.

Probably not worth the effort of trying - you would make less than £21 net compared to doing the same in a 2.5% instant access account.

Now if it was £250 per month.................... :mad:

marathon_man_3

All these deals you guys write about...

I live in the Shetland Islands and these branch-based accounts are totally inaccessible for me.
(:--((

Dagobert

On 1st December my Yorkshire and Barnsley Christmas Savers mature. I phoned to find out whether the funds can be rolled over to Christmas Saver 2013.

The answer is yes but it will probably not be worth it as the new product will be inferior to the current deal in every which way:

• While this year's Christmas saver permitted the funds to be deposited in a lump sum, next year's will require regular monthly payments up to a maximum of £80.
  
• The overall total has thus been cut from £1200 to £960.
  
• The interest will be 1.75% plus 1% bonus interest.

GreenBitterfly

Dagobert wrote: »

On 1st December my Yorkshire and Barnsley Christmas Savers mature. I phoned to find out whether the funds can be rolled over to Christmas Saver 2013.

The answer is yes but it will probably not be worth it as the new product will be inferior to the current deal in every which way:

• While this year's Christmas saver permitted the funds to be deposited in a lump sum, next year's will require regular monthly payments up to a maximum of £80.
  
• The overall total has thus been cut from £1200 to £960.
  
• The interest will be 1.75% plus 1% bonus interest.

That's me out then, I only want to save a small amount relatively, and can't guarantee I can put away something each month.

poolforever

With regard to the Cheshire 5% I can get to a branch to set up the acc

BUT

Can I make deposits on line thereafter?

Anyone know - thanks

someone

Yes, must make a min £100 deposit, can be topped up during the month to £500

poolforever

Can it be done "on line" though ?

someone

Yes, just send it via faster payments. Ask them for a green slip with the details on when you set up your account.

poolforever

Thanks someone

Special_Saver2

Hi Folks,

There are several changes for this weekend's update. Thanks to the people who have posted during the week with some of these changes.

- Nottingham BS Heartland Saver withdrawn
- Nottingham BS Celebration Saver introduced, paying 6% on £100 per month until 30th November 2013 (added to post 3)
- Principality BS Christmas Regular Saver Bond (Issue 2) introduced, paying 3.5% on £500 per month until 28th November 2013 (added to post 3)
- Teachers BS Charity Saver (Issue 1, paying 3.5%) withdrawn and replaced with issue 2 paying 2.8% on £500 per month for 1 year (updated in post 4)

As interest rates have been dropping a lot recently, I have revised the threshold that I use to include accounts in the first page of this thread. The third best account in Martin's top savings accounts page currently pays 2.4%, so I am happy to consider adding any account that pays more than this. With this in mind, I have carried out an internet search and gone into my archives to find some accounts. I have added the following:

- Yorkshire BS Regular Saver (Issue 2) paying 3% on £250 per month with no maturity date but maximum balance of £20,000 (added to post 2)
- Market Harborough BS Monthly Supersaver paying 2.95% for the first year then 2.45% on up to £3,000 per month with a maximum balance of £50,000 (added to post 4)
- Nationwide BS Regular Savings account paying 2.5% on £1,000 per month with no maturity date and no maximum balance and the interest is calculated monthly (paid annually) without any bonuses so if you find a better account then you can leave the account open with £1 and move the rest of your money without penalty on the first day of the next month (added to post 2)

The Market Harborough account may appeal to people who have a large amount of money to save each month or are trying to spread their money around several institutions for safety reasons.

I will do another update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...d.php?t=608697