Regular Savings Accounts: The Best Currently Available List!

psychic_teabag

I think the Santander first-home saver allowed a larger initial deposit. (In fact, wasn't there a loophole that you could pay in a large lump sum any time, only forgoing interest for that month as the penalty ?) Anyway, academic now.

innovate

http://www.youtube.com/watch?v=-9JOmU2jFUo

badger09

Cue bader09's nostalgic wanderings

The very sadly missed Monmouthshire Flexible Saver Issue 1, long since withdrawn , paid 4% (including 2% bonus) on flexible monthly contributions of up to £1k - but allowed you to 'add to your savings at any time' so most canny MSE folk who had cash available, whacked in £12k on opening or shortly thereafter

I've kept mine open with a small balance. When I run out of current accounts :eek: 2% might not be the worst around.

innovate

TWO percent.

Salivating now, me.

Shinken

My bad. The accounts I was looking at DO have opening balance limits. They are just buried in the T's & C's. Oh well. :embarasse:embarasse:mad:

Money_Man_Steve

Hey, I just joined this thread and have a couple of amendments and additions to suggest:

1. Update: The Furness BS Lifestyle Saver (no time limit/maturity date) is now 2.75% AER (down from 3%)

2. Suggestion: The Cheshire BS Platinum Monthly Saver (Issue 7) matures on 30/04/14 so should really be in the 'Matures in less than 12 months' category. This still pays 4% gross but the AER is now 3.75% as the account matures in under a year. Presumably the identical Derbyshire account should move category too?

3. New account: The Cheshire Regular Saver (Issue 6) pays 2.5% AER (variable) in the 'no time limit/maturity date' category. £10-£500 per month, interest is paid 31st Dec. Can be opened in branch or by post.

4. New account: The Progressive BS Regular eSaver pays 2.75% AER (variable) in the 'no time limit/maturity date' category. £10-£250 per month, 1 withdrawal per calendar year (with 7 days notice). Max balance £1M.

Thanks for a really useful reference thread!

anamenottaken

Money_Man_Steve wrote: »

4. New account: The Progressive BS Regular eSaver pays 2.75% AER (variable) in the 'no time limit/maturity date' category. £10-£500 per month, 1 withdrawal per calendar year (with 7 days notice). Max balance £1M.

http://www.theprogressive.com/savings/regular-e-saver/regular-e-saver-issue-2/

£20 minimum to £250 maximum per month

psychic_teabag

Web page for the Beverley BS Monthly Saver says it is temporarily closed to new customers.
http://beverleybs.co.uk/savings/monthly-saver

steady__eddie

Just a reminder for anyone that opened a Diamond Jubilee Saver that it matures on the 30th of June. Do nowt and it reverts to a branch instant paying another mouth watering 0.16% net.
I had a postal reminder from them a few weeks ago and a 'phone call a few days ago informing me that they have/had a 2 year bond on offer paying 2.2% gross (which could be closed at any time).

Money_Man_Steve

The Cheshire & Derbyshire BS Platinum Monthly Savers (Issue 7) have now been superseded by Issue 8.

Issue 8 pays 3% AER (variable) for the fixed term ending 31/07/14. £100-£500 per month, 1 withdrawal and 1 missed monthly deposit are permitted, otherwise a rate of 1% AER will apply.