Regular Savings Accounts: The Best Currently Available List!

blindman

parker1982 wrote: »

An article on thisismoney shows that M&S are allowing holders of the free current account to access the 6% monthly saver from tomorrow. You can save between £25 - £250 for 12 months.

Can't post links:
"www.thisismoney.co.uk/money/saving/article-2899030/M-S-Bank-adds-6-savings-account-free-current-account.html"

M&S Article

..........

mrssjs

parker1982 wrote: »

An article on thisismoney shows that M&S are allowing holders of the free current account to access the 6% monthly saver from tomorrow. You can save between £25 - £250 for 12 months.

Can't post links:
"www.thisismoney.co.uk/money/saving/article-2899030/M-S-Bank-adds-6-savings-account-free-current-account.html"

Thank you for this, just on the phone now opening one.

mrssjs

mrssjs wrote: »

Thank you for this, just on the phone now opening one.

All done, just a quick 5 minute phonecall. Thanks.

Frogletina

parker1982 wrote: »

An article on thisismoney shows that M&S are allowing holders of the free current account to access the 6% monthly saver from tomorrow. You can save between £25 - £250 for 12 months.

Can't post links:
"www.thisismoney.co.uk/money/saving/article-2899030/M-S-Bank-adds-6-savings-account-free-current-account.html"

Thank you for this information

I have had the premium current account for a few months - I did it primarily for the £50 gift card but also meant to set up the monthly saver which I didn't do because I was unsure whether to keep the account for a year. Unfortunately I have just paid my next month's fee but have contacted M&S to change me to the free account and set up the 6% monthly saver.

I still have free drinks vouchers so I may still have benefited overall, I but hated paying a fee.

KTF

mrssjs wrote: »

All done, just a quick 5 minute phonecall. Thanks.

Is this like the FD one where the money is taken on the day that you open the account from the current account or can you specify the start date?

On the M&S apply for a bank account page it says you can open a regular saver at the same time but I am not sure when they will take the first payment (it says a SO will be setup for the payment and an additional 11 months) as I would need to fund the current account first.

Frogletina

KTF wrote: »

Is this like the FD one where the money is taken on the day that you open the account from the current account or can you specify the start date?

On the M&S apply for a bank account page it says you can open a regular saver at the same time but I am not sure when they will take the first payment (it says a SO will be setup for the payment and an additional 11 months) as I would need to fund the current account first.

Today the adviser suggested the first payment to be taken on Monday to allow time for the SO to be set up. I could have suggested a later date if I had wanted to.

KTF

Thanks. Online it lets you set the payment date so I will pick one less than 8 so the first one goes out next month.

mrssjs

Frogletina wrote: »

Today the adviser suggested the first payment to be taken on Monday to allow time for the SO to be set up. I could have suggested a later date if I had wanted to.

They let you choose the date, I chose today, just for ease, but he said that they will send out paperwork for you to check once the S/O is set-up.

ViktorOnopko

I'm having a hard time working out what to do for a second current account. I want to move my savings to my 123 Current Account and have a new account for just debit payments/spare cash. Santander won't let me have a second 123 account unless it's a joint account so I'm a bit clueless now. I want an account in which I can transfer £200 a time to cover basic spend and not commit to an amount to pay in each month.

mrssjs

ViktorOnopko wrote: »

I'm having a hard time working out what to do for a second current account. I want to move my savings to my 123 Current Account and have a new account for just debit payments/spare cash. Santander won't let me have a second 123 account unless it's a joint account so I'm a bit clueless now. I want an account in which I can transfer £200 a time to cover basic spend and not commit to an amount to pay in each month.

Halifax for the in-credit £5 bonus each month?

Can't remember if there's a minimum monthly funding rule? Sorry there is
<LI class=list_tick>£5 reward each month you pay in £750+, pay two different direct debits and stay in credit