Regular Savings Accounts: The Best Currently Available List!

lemonjelly

Yes, have the nationwide & yorkshire accounts.
Will probably apply for the santander account in march/april, as I have a bond maturing then which will have a balance above the £20k limit, so I'll need to do something.

At least I know I'll be able to fund an ISA this year no problems...

Special_Saver2

Hi Everybody,

Here is this weekend's update.

- Added Barlcays Childrens Regular Saver (Issue 1) to post 4, paying 3.5% on £5-100 per month for 12 months
- Added Dudley BS Junior Easy Saver to post 4, paying 3.5% on £10-£150 per month for 12 months (and I will mention the really fluorescent pink colour on their website upsets my eyes!)
- Added Newcastle BS Big Home Saver to post 8, paying 3% on up to £500 per month with no maturity date, open in branch only
- Added a note in post 2 pointing out that the account above could also be useful for people just wanting a regular saver with no maturity date as you are not obliged to take out a mortgage to get the interest rate above

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

Dagobert

I applied for the Nottingham BS Christmas Saver and Regular Saver by post as suggested above (id enclosed). The applications were refused because these accounts are branch-based.

amiehall

I guess they had too many and decided to put their foot down. Either that or they thought you were taking the mic trying to apply for both by post?

veryintrigued

Dagobert wrote: »

I applied for the Nottingham BS Christmas Saver and Regular Saver by post as suggested above (id enclosed). The applications were refused because these accounts are branch-based.

Thats what I suspected a little while ago.

http://forums.moneysavingexpert.com/showpost.php?p=64136664&postcount=42

PS not trying to come across as a know it all

lemonjelly

Eco_Miser wrote: »

Have you got the Nationwide (5%) and Clydesdale or Yorkshire Banks (4%) current accounts?

Crikey. Received a letter advising my nationwide 5% will go down to 1% in march....:(

It never rains...

ernie-money

Dagobert wrote: »

I applied for the Nottingham BS Christmas Saver and Regular Saver by post as suggested above (id enclosed). The applications were refused because these accounts are branch-based.

I received my passbook for the Christmas Saver in the post yesterday, so I'd say it's probably still worth trying...
Saying that - I'm already a member, as I also have the Starter ISA, so didn't need to send ID. It worked fine when I opened the ISA by post though.

Ed-1

The Nottingham BS Christmas saver has now been withdrawn.

Special_Saver2

Hi Folks,

Here is this weekend's update.

- Added info to the entries on both the Nottingham regular savers that Dagobert reports having postal applications refused

- Removed the Nottingham and Principality Christmas Savers as it appears they have both been withdrawn for new applicants

- Leek United BS Homebuyer Regular Saver added to post 8 paying 3% variable on up to £1,000 per month (you can use this account without taking out a mortgage with them but you will have to pay a 90 days' interest penalty when you close the account)

- Newcastle BS Big Little Saver added to post 3, paying 3% variable on up to £250 per month until a child's 17th birthday

- Nottingham BS Robin Hood Young Saver added to post 3, paying 3% fixed on up to £100 per month until 31st August 2015 for children aged under 18. Branch only. You also get free money boxes of Robin Hood characters.

- Fixed broken links for Ipswich BS and Dudley BS accounts

- Removed Cambridge BS Regular Savings Bond (Issue 3) which is no longer available and has not been replaced with a 4th issue

Unless there are any objections, I am going to only include regular savers paying 2.5% or more on the first page of this thread from next week. This will make it easier to maintain the list and there are lots of accounts to choose from paying at least that much at the moment. I might make the occasional exception and allow in an account paying less if it allows a large monthly deposit (e.g. £1,000) with good terms and conditions.


I will do another update next weekend (or shortly afterwards).

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

Dagobert

SS2, you have been putting an amazing amount of work into this thread for many years. It's been a huge timesaver for your readership.

Special_Saver2 wrote: »

Unless there are any objections, I am going to only include regular savers paying 2.5% or more on the first page of this thread from next week.

A few points to consider:

• Some people have maxed out interest paying current accounts and regular savers.
  
• The best instant access rate is 1.55% just now. With Faster Payments a small percentage difference for a 2% regular saver is still profitable.
• Continuing 2% regular savers are definitely worthwhile.
  
• Also, with so many bank and building societies having merged in the last few years, distributing savings to keep below FSCS limit is another consideration.

Whichever way you decide to manage this thread, a huge thank you for your hard work.