Regular Savings Accounts: The Best Currently Available List!

BigBelly

If I open a First Direct Regular Savings Account on, say, 15th October, with £300 when is the next date I can deposit £300? 15th November or 1st November?

noh

15th November.
You have no control over the date of the second and subsequent payments as the SO is set up by them and the date cannot be changed.

Archi_Bald

There is technically nothing that stops you from deleting the SO they have set up, and to set up your own. Though it would be silly to play about with the date as you could fall foul of the T&Cs if you get it wrong.

YorkshireBoy

Archi_Bald wrote: »

There is technically nothing that stops you from deleting the SO they have set up, and to set up your own. Though it would be silly to play about with the date as you could fall foul of the T&Cs if you get it wrong.

You would fall foul of condition 5.5 (http://www2.firstdirect.com/content_static/pdf/account_terms_0114.pdf - page 45), which says the standing order "MUST" be made on the same day of the month that you opened the account.

There was a post recently from someone who cancelled the SO because their payday changed. FD subsequently wouldn't let them set it up again for a different day.

moi

Special_Saver2 wrote: »

Progressive BS Regular e-Saver (Issue 2)

Interest rate: 2% gross p.a. variable from December 2012
Monthly payment: £20-£500
Miss any payments: Yes, can miss one per calendar year
Penalty-free withdrawals: Yes, one per calendar year (1st January to 31st December)
Age of applicant: Age 18 or older
How to open account: Online (anamenottaken reports that they verify identity electronically where possible which means no forms to send in the post)
Special conditions: Withdrawals or closure require 7 days' notice and a further day for funds to be transferred electronically to your bank account. Maximum balance £1 million. You cannot open a new Regular e-Saver account until 6 months after closing this one.

Sometime in the past few weeks this e-saver has changed and, like their Clockwork ac, this Regular eSaver is now "only available to existing members or new customers resident in NORTHERN IRELAND."

Ken68

Nottingham BS......Special Saver ISSUE 2.....5%, came out yesterday. £250 max.
And the 3.1% is still available.

s71hj

Ken68 wrote: »

Nottingham BS......Special Saver ISSUE 2.....5%, came out yesterday. £250 max.
And the 3.1% is still available.

can you have this AND the issue 1!

Archi_Bald

Ken68 wrote: »

Nottingham BS......Special Saver ISSUE 2.....5%, came out yesterday. £250 max.
And the 3.1% is still available.

Presumably this is the Branch only one?

Ken68

Yes branch based, and not sure if Issue 1 has been withdrawn. Will know more Monday. Nothing on their website about 5%.
Issue 2 goes until 31 March 2016.

Ed-1

Ken68 wrote: »

Yes branch based, and not sure if Issue 1 has been withdrawn. Will know more Monday. Nothing on their website about 5%.
Issue 2 goes until 31 March 2016.

Have you opened this yet?