Regular Savings Accounts: The Best Currently Available List!

Archi_Bald

Formally complained to BOS who now explained that (a bit similar to YBS) they don't know whether you are eligible for the 3% until they know how much you paid in. Apparently, if you don't pay in between £25 and £250 a month, you get 0%. I am confused by this because the T&Cs say no such thing.

They have shut me up though by offering to confirm in writing that I will get 3%, putting in a request to their IT folk to improve how they show applicable interest rates, and paying me a one-off sum in excess of the interest I'll be making from this account.

Special_Saver2

Hi Folks,

I cannot see anything to change for this weekend's update.

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

Archi_Bald

Bank of Scotland Monthly Saver should be added to post # 5 - essentially the same as Lloyds and TSB monthly savers.

http://www.bankofscotland.co.uk/savings/accounts/monthly-saver/

Special_Saver2

Hi Everybody,

I have added the Bank of Scotland Monthly Saver to post 5 (same details as Lloyds and TSB counterparts). I cannot find a Halifax equivalent account.

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

plunt

As the Lloyds regular saver requires a standing order, does that mean i could set up my standing order from an external account (such as santander)?

couldnt see anything in the T&C's but may have missed it

innovate

They want the SO from a Lloyds current account, but obviously you can feed that current account with a standing order from elsewhere.

lemonjelly

On the Nationwide reg saver, is there a maximum amount you can use to open the account? Is that also £1000? Or are you able to open it with a larger sum & then credit up to £1000 a month?

EarthBoy

It's a £1000 per month max, so if you open it with £1000 you've immediately reached your first month's limit. There's no provision for opening it with a larger sum, -I don't know of any regular saver accounts which would allow that.

plunt

the santander homesave had a loop hole regarding this...

lemonjelly

EarthBoy wrote: »

It's a £1000 per month max, so if you open it with £1000 you've immediately reached your first month's limit. There's no provision for opening it with a larger sum, -I don't know of any regular saver accounts which would allow that.

I rang their customer services this afternoon & they told me there's no limit on the opening amount (up to the £5million maximum)!