Regular Savings Accounts: The Best Currently Available List!

veryintrigued

Ken68 wrote: »

Reporting back P.P lol..
Notts BS Issue 2 opened, no problem. Issue 1 closed to new applicants.
Looks to be all branches.

Good work Ken - thanks for feeding back.

Another excellent NBS account.

Newly_retired

Still nothing on NBS website about Special Saver 2.
Must is be opened in branch only?

Ken68

Just rang Notts bs h.q..........Issue 1 was closed Sept 26th...confirming local branch info this morning.

veryintrigued

Newly_retired wrote: »

Still nothing on NBS website about Special Saver 2.
Must is be opened in branch only?

To my knowledge there was never anything on the NBS website about the previous version of Special Saver (first edition) either.

Branch only almost certainly (with appointment).

They used to (until maybe 18 months ago recently) even have a post code restriction.

Top notch local BS looking after its locality.

Money_Man_Steve

Here's a new account for the 'Matures after 12 months' category:

The Chorley BS 18-month Sunshine Saver pays 4.5% AER (variable) and you can add up to £750 per month. No penalties for missed deposits, but you can't make them up after. No withdrawals except for account closure. Converts to an easy access account on maturity. Apply by post or in branch.

More details here.

patientperson

Money_Man_Steve wrote: »

Here's a new account for the 'Matures after 12 months' category:

The Chorley BS 18-month Sunshine Saver pays 4.5% AER (variable) and you can add up to £750 per month. No penalties for missed deposits, but you can't make them up after. No withdrawals except for account closure. Converts to an easy access account on maturity. Apply by post or in branch.

More details here.

It is even better for existing members (31-12-2013) - 'Members 18 Month Sunshine Saver (1) at 5%. I have already checked with them .. one may not have the 2 accounts .. it is one or the other.

mary

Is this account for existing members only or for anyone?

MarkFromCornwall

mary wrote: »

Is this account for existing members only or for anyone?

18 month Sunshine Saver Issue 1 is for anyone.
Members 18 month Sunshine Saver is for existing members.

Ed-1

Money_Man_Steve wrote: »

Here's a new account for the 'Matures after 12 months' category:

The Chorley BS 18-month Sunshine Saver pays 4.5% AER (variable) and you can add up to £750 per month. No penalties for missed deposits, but you can't make them up after. No withdrawals except for account closure. Converts to an easy access account on maturity. Apply by post or in branch.

More details here.

One thing that stands out for me about this account is that the interest rate is variable which is unusual for an account that doesn't allow withdrawals for 18 months. Risk worth taking that they don't slash the rate?

EDIT: Thinking about it, the fact they've explicitly labelled it issue 1 suggests that any rate cuts are likely to only apply to new issues (akin to Newcastle BS Big Home Saver etc.) but they reserve the right to change the rate.

IanIan

The Chorley is looking after existing members, and paying 5% on up to £750 per month for 18 months. It will pay 5% if you have had an account since 31 December 2013.


http://www.chorleybs.co.uk/members18monthsunshine.html