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Regular Savings Accounts: The Best Currently Available List!

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  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    are any of the market leading Building Society Regular Savers able to be contributed to via DD rather than SO?
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    nope.............
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    thanks Archi...i was wondering about using them to qualify for bonus payments and interest on current accounts.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    What are the bonus payments you can get if you have DDs?
  • ctdctd
    ctdctd Posts: 1,102 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Archi_Bald wrote: »
    What are the bonus payments you can get if you have DDs?

    I would guess something like the Halifax Reward CA - £5 per month but you need 2DD's and deposit £750 per month.
    Do Money Saving sites make you buy more bargains - and spend more money?
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    yes, that is the sort of thing..
    Bonus from Halifax, 5% from Nationwide, 3% from Santander..
    just have a little 'system' inplace that qualifies for the payments, and was reviewing last night. i only have 1 account where i still need the Tesco DD to qualify, and am looking at closing TIS, having cleared my Tesco creditcard this week, with a view to closing shortly.
    i am using Friendly Societies, a Credit Union and a Building Society for my DDs, and would have set up a DD to a BS Regular Saver if i could.
  • planteria wrote: »
    yes, that is the sort of thing..
    Bonus from Halifax, 5% from Nationwide, 3% from Santander..
    just have a little 'system' inplace that qualifies for the payments, and was reviewing last night. i only have 1 account where i still need the Tesco DD to qualify, and am looking at closing TIS, having cleared my Tesco creditcard this week, with a view to closing shortly.
    i am using Friendly Societies, a Credit Union and a Building Society for my DDs, and would have set up a DD to a BS Regular Saver if i could.


    Hi planteria,
    Building Society Regular Saver funded by DD.
    Progressive BS .. Clockwork RS
    Monmouthshire BS .. Saver Plus (2)

    Probably there are more out there.
  • Special_Saver2
    Special_Saver2 Posts: 1,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Folks,

    I have been able to make an (unexpected) update this weekend.

    - Cheshire BS Platinum Monthly Saver remains at issue 10, expiring 30th June 2015, so I have moved this account to post 7 (less than 12 months to maturity)
    - Barnsley / Chelsea / N&P / Yorkshire BS Celebratory Children's Saver paying 5% on up to £150 per month for 12 months for children aged 15 or under (child or parent or grandparent or guardian must have been a member of the building society for 2 years) added to post 4

    I will do another update next weekend.

    SS2
    For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=1
  • Hi Folks,

    I have been able to make an (unexpected) update this weekend.

    - Cheshire BS Platinum Monthly Saver remains at issue 10, expiring 30th June 2015, so I have moved this account to post 7 (less than 12 months to maturity)
    For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=1

    Page two of the product details for the Cheshire Platinum Monthly Saver Issue 10 account suggest that, after integration with the Nationwide has completed (in Sep 2014?) that the account will have no end date. The interest rate will remain at 3% AER but will no longer be fixed (it is currently fixed to 30/06/15). There will also be no restrictions on withdrawals (currently one is allowed during the fixed term without loss of interest) and the monthly deposit amount required will be changed to £1-£500 (it's currently £100-£500).

    Assuming the rate stays at or above 3% AER this account seems a little more attractive, as you can pay in to it indefinitely after June 2015, minimise the monthly contribution right down to £1 if necessary and have easy access from the date of Cheshire's full integration to Nationwide.
  • Special_Saver2
    Special_Saver2 Posts: 1,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Everybody,

    I can only find one account that has changed since last weekend.

    - Cheshire BS Platinum Monthly Saver issue 10 replaced with issue 11, with a new expiry date of 14th September 2014 and details that it will convert to a Nationwide Monthly Saver 1 account also paying 3% variable interest on up to £500 per month but with no maturity date and no requirement for monthly deposits and unlimited penalty-free withdrawals. I have therefore moved this account to post 2
    - Derbyshire BS Platinum Monthly Saver issue 11 remains unchanged but I have added a footnote pointing out the planned change to the Cheshire BS account in case Derbyshire BS follow suit

    I will do another update next weekend.

    SS2
    For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=1
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