Regular Savings Accounts: The Best Currently Available List!

Archi_Bald

liamcov wrote: »

DJBenson wrote: »

What are the req's for the Family saver I haven't heard of that?

sadly, this is not an account available to new applicants so posting about it is only good for those who want to reminisce.

Currently available regular savings accounts are in the first few post of [URL="http://forums.moneysavingexpert.com/showthread.php?p=6932895
"]this thread[/URL]

adindas

DJBenson wrote: »

I fully agree with your statement on customer service - they are fantastic!

I am banking with a few high street banks. I am also banking with N&P. From my personal experience dealing with them in comparison to other banks, I will put them on the bottom on the league table.

slush

adindas wrote: »

I am banking with a few high street banks. I am also banking with N&P. From my personal experience dealing with them in comparison to other banks, I will put them on the bottom on the league table.

No way, that spot unreservedly belongs to Santander. :rotfl:

Special_Saver2

Hi Folks,

The only thing that I can find is that Saffron BS 12 Month Fixed Rate Members' Regular Saver has gone from issue 1 to issue 2. It is possible it changed a while ago and I have only just noticed!

It seems identical to issue 1 (4% on up to £200 per month for 12 months and penalty-free withdrawals). The details state that you cannot hold one of these and a regular saver of another issue simultaneously. In post 2000, vinylmusic wrote that you had to be a member or family of a member for at least 1 year to open this account. I do not know if that rule will apply to issue 2. It appears from the website that anybody can open an account in branch (and existing members and their family can open an account by post).

Please feel free to post on this thread about your experience opening the issue 2 account if you are not local or an existing member.

Regarding the query from adindas about listings on the first page of this thread and multiple accounts, I changed the thread a little while ago when institutions stopped offering the option of multiple accounts. I put this in the introduction...

Unless indicated otherwise, you can only open one of each account.

... and at the moment there are no accounts I am aware of that allow you to have more than one account. Where applicable, I have indicated if you can have one account from different issues (e.g. an issue 1 and an issue 2 account simultaneously).

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

patientperson

Special_Saver2 wrote: »

The only thing that I can find is that Saffron BS 12 Month Fixed Rate Members' Regular Saver has gone from issue 1 to issue 2. It is possible it changed a while ago and I have only just noticed!

That is probably the case .. my Issue 2 was opened Nov 2012.

adindas

Special_Saver2 wrote: »

Regarding the query from adindas about listings on the first page of this thread and multiple accounts, I changed the thread a little while ago when institutions stopped offering the option of multiple accounts. I put this in the introduction...
... and at the moment there are no accounts I am aware of that allow you to have more than one account. Where applicable, I have indicated if you can have one account from different issues (e.g. an issue 1 and an issue 2 account simultaneously).

Thank you for clarification. Keep the good work ....

IanManc

The Derbyshire, Cheshire and Dunfermline 2.5% regular savings accounts have all been withdrawn from sale.

someone

IanManc wrote: »

The Derbyshire, Cheshire and Dunfermline 2.5% regular savings accounts have all been withdrawn from sale.

Funding for lending is really hurting rates. While I know we ain't in the good times considering regular savers are often seen as a 'hook' product running as a limited loss leader, having rates pulled at or near the rate of inflation is a kick in the teeth.

patientperson

Special_Saver2 wrote: »

Regarding the query from adindas about listings on the first page of this thread and multiple accounts, I changed the thread a little while ago when institutions stopped offering the option of multiple accounts. I put this in the introduction...
... and at the moment there are no accounts I am aware of that allow you to have more than one account. Where applicable, I have indicated if you can have one account from different issues (e.g. an issue 1 and an issue 2 account simultaneously).

Mansfield Building Society. The following is an extract from their literature: The maximum number of Regular Savings Accounts (across all issues) is limited to 3 (in total) per customer.

I can confirm that it is possible to open 3 accounts of the same issue.

Ed-1

The Nottingham BS Summer Saver regular saver account which paid 5% and allowed monthly deposits up to £250 has now been withdrawn.