Regular Savings Accounts: The Best Currently Available List!

Kazza242

Penrith Building Society have launched a new regular saver, called Regular Saver 300. It pays 3.00% and is a three year bond.

You can deposit between £25 - £300 per month. A maximum of three withdrawals are permitted per year (January to December).

The account can be opened by post or branch.

Further details here.

patientperson

patientperson wrote: »

Just looked at my paperwork for the Members 18 Month account. It also states that the interest is paid at maturity so I have no answer concerning the date I mentioned of 31-08-2015. I shall have to ask the BS.

Feedback from Chorley BS .. Interest is only added to the account at maturity, as we all expected, but internal to Chorley is a calculation of interest at 31-08-2015. Make of that what you will.

veryintrigued

Kazza242 wrote: »

Penrith Building Society have launched a new regular saver, called Regular Saver 300. It pays 3.00% and is a three year bond.

You can deposit between £25 - £300 per month. A maximum of three withdrawals are permitted per year (January to December).

The account can be opened by post or branch.

Further details here.

They'll also be opening a 2015 Christmas Regular Saver on 1st December on a first come, first served basis.

4% and £250 per month. Post or branch.

IanIan

The Saver Plus issue 2 account can be opened via the website and the geographical restrictions seem to have been removed.

I also noticed that the First Home Bonus Saver account is now listed under the closed accounts section on the website.

Special_Saver2

Hi Folks,

Thanks to the people who have posted above. I have updated the first page of this thread as follows:

- Added Penrith BS Regular Saver 300 to post 3
- Removed Monmouthshire BS First Home Bonus Saver from post 8
- Updated Monmouthshire BS Saver Plus (Issue 2) details in post 2 to show that account opening is no longer restricted to local people

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

Archi_Bald

For teenagers and young adults

Nationwide FlexOne Regular Saver. Applications from 11-17 year olds only but they can keep the account until they are 23. Must have a FlexOne current account when applying.

3.5% AER variable, save up to £100 a month

glider3560

A question about the Leek United 2.25% account (http://www.leekunited.co.uk/savings/products/regular-savings/regular-savings).

Would I be correct in saying that the 2.25% is paid on the entire balance, not just deposits in the current anniversary year? I.e. you could build up a bigger balance over time?

Steve_xx

Yes, it's a regular saver that doesn't end after one year. So, interest will be paid on the whole of the balance, whatever that may be. As long as you don't make more than one withdrawal between anniversaries of you opening the account.

Archi_Bald

Steve_xx wrote: »

Yes, it's a regular saver that doesn't end after one year. So, interest will be paid on the whole of the balance, whatever that may be. As long as you don't make more than one withdrawal between anniversaries of you opening the account.

Interest gets calculated daily on the daily balance, and gets paid on the anniversary. If no more than 1 withdrawal has been made in the anniversary year, the interest will be paid including the bonus. Otherwise the interest is paid without the bonus.

Special_Saver2

Hi Everybody,

I have added the Nationwide FlexOne Regular Saver to post 3 (thanks Archi Bald for pointing this one out).

I cannot find anything else that has changed this week.

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