Regular Savings Accounts: The Best Currently Available List!

saintalan

Keep your Santander a/c earning 3% and if necessary open other current accounts like TSB/Nationwide etc and cycle your money around, also a FIrst Direct will allow access to a Regular saver (currently 6%).

Basically moving your money around is the only way to go if you want anywhere close to 6%, of course depending how much you are talking about.

Alan

Archi_Bald

The monthly max for the Newcastle Building Society Big Home Saver has been raised to £1,250 (and the same for its ISA incarnation).

The website hasn't been updated yet but they are now taking £1,250 and you can make top up payments if you already made a deposit in April.

Bit of a lifeline perhaps for the Lloyds Vantage victims......

EDIT April 15: website now updated to say £1,250 max per month.

socrates

Archi_Bald wrote: »

The monthly max for the Newcastle Building Society Big Home Saver has been raised to £1,250 (and the same for its ISA incarnation).

The website hasn't been updated yet but they are now taking £1,250 and you can make top up payments if you already made a deposit in April.

Bit of a lifeline perhaps for the Lloyds Vantage victims......

I wonder if it is connected to the fact that their 5% - 5 year bonds come to an end in the next few months and there will be a mass exodus of cash flowing out

Special_Saver2

Hi Folks,

I have added the information from Archi Bald's post on the Newcastle Big Home Saver to the relevant posts on the first page of this thread.

I cannot see anything else that has changed 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/...=608697&page=1

charlysez

saintalan wrote: »

Keep your Santander a/c earning 3% and if necessary open other current accounts like TSB/Nationwide etc and cycle your money around, also a FIrst Direct will allow access to a Regular saver (currently 6%).

Basically moving your money around is the only way to go if you want anywhere close to 6%, of course depending how much you are talking about.

Alan

Thanks for that, found the 6% account with First Direct, I am looking to save min £400 per month, I have maxed the 123 so anything over needs to go somewhere else. Might be FD now.

innovate

FD only takes £300 a month. Alternatives are TSB Plus and Club Lloyds

charlysez

I am a bit confused now, these accounts FD, TSB etc require a large monthly deposit, presumably a salary, before you get the interest on the savings. My 123 takes my salary/household dd's so how can I open other current accounts to take advantage of the rates?

ColdIron

charlysez wrote: »

I am a bit confused now, these accounts FD, TSB etc require a large monthly deposit, presumably a salary, before you get the interest on the savings. My 123 takes my salary/household dd's so how can I open other current accounts to take advantage of the rates?

Have a read of the other threads on this and the banking and budgeting forums, this is explained about a gazillion times

innovate

charlysez wrote: »

presumably a salary?

Why presumably salary? Which account have you seen that mandates any salary? Why can you not make your own deposits?

planteria

that is the way to do it. to move the same money through 2 or more accounts.