Regular Savings Accounts: The Best Currently Available List!

Speculator

Special_Saver2 wrote: »

If I remember correctly, when the Santa Saver first appeared, there were some posters on this forum who suggested a particular account to link the Santa Saver to. If anybody posts this information to this thread then I will gladly add it to my entry when I am back online next weekend.

Have to go for now...

SS2

Paid up share account. MOB only £25.
http://chorleybs.co.uk/index.php?option=com_content&task=view&id=84&Itemid=30

Special_Saver2

Hello everybody,

Thanks Speculator, I have added the information above on the Chorley Paid Up Share account to the Santa Saver entry.

I cannot see anything else to change this week so I shall wish you all a nice week and see you again next weekend!

SS2

gt94sss2

HSBC have just announced they are replacing their standard HSBC Bank Account with two new (free) current accounts.

One of these options, the HSBC Current Account Advance reoffers the 8% Regular Saver account which HSBC originally withdraw ages ago..

The enhanced 10% Regular Saver option from HSBC is still available if you have a HSBC Premier, Bank Account Plus or Passport account.

Regards
Sunil

LongTermLurker

gt94sss2 wrote: »

The enhanced 10% Regular Saver option from HSBC is still available if you have a HSBC Premier, Bank Account Plus or Passport account.

Regards
Sunil

Do they have special requirements, like charges or having to transfer all your DDs or pay salary in?

PremierFella_2

For both the 8% and 10% Regular Savers, customers are required to complete a salary or retirement income mandate. However, I think it is down to the staff member processing the application to check that such a mandate has been completed, so it may be possible to blag through that requirement (e.g. "I've already sent a mandate to my employer last week", etc). You don't need to already have the salary or equivalent coming into the account before applying for the appropriate version of the Regular Saver.

LongTermLurker

LongTermLurker wrote: »

Do they have special requirements, like charges or having to transfer all your DDs or pay salary in?

Just checked and answered my own question - one needs you to save £50K with them, another has a monthly charge and the third needs you to be foreign.

Not much use to me then.

PremierFella_2

Sorry LongTermLurker, I thought you were querying the terms of the 10% Regular Saver only, and already knew the requirements for the related "premium" current accounts.

StrawberryJam_2

HSBC 8% (6.4% net) regular saver available when opening a new HSBC Current Account Advance.

I was visiting the bank today, and was made aware of the 8% regular saver linked to the new current account (which I was informed the current account was only introduced 01 September 2008)

The HSBC Current Advance Account is free, and you just got to credit £500 to it every month. (Im sure there are more T&Cs)

mary

Just rung them to double check as I was interested in the Regular Saver but you will have to have the £500 coming in from an external source. It cannot be from you funding it from your own current account say with Lloyds.

Special_Saver2

Thanks for all the information above - I have updated the beginning of this thread with the details.

I shall be away from home next weekend so I shall update this thread again the weekend after.

SS2