Regular Savings Accounts: The Best Currently Available List!

colsten

WOW - how much are you putting into regular savers each month? I am feeding £5.7K into various Regular Savers each month and my lowest is paying 2.5%.

taf_2

IanIan wrote: »

I have spoken to the Market Harborough people. The answer is that the 2% rate (which I am on at the moment) is 1.5% plus a bonus of 0.5%. The bonus remains, for the first year only, but the interest rate falls to 1.1%. Therefore, from 23rd February to the anniversary of opening my account I'll receive 1.6%.

Thanks. I received the same feedback today.

IanIan wrote: »

Yes I have. I also have the current accounts. I intend to keep the now-poorer paying accounts going, with minimum payments, because last year I had my fingers burnt with Skipton. I closed my Skipton accounts when the 12 month period expired, which meant that when they launched their loyalty regular saver, I didn't qualify for the higher rate! Chorley have issued a similar thing recently, where they paid a higher rate to existing members. I don't want to lose out on future opportunities of this type.

Likewise.

glider3560

Special_Saver2 wrote: »

Norwich & Peterborough BS Gold Savings Account

Interest rate: 4% gross p.a. fixed
Monthly payment: £20-£250
Miss any payments: No
Penalty-free withdrawals: No early withdrawals at all and cannot close the account early
Age of applicant: Not stated
How to open account: In branch or by telephone
Special conditions: Must also open a Gold Current Account and fund this with at least £500 per month. After 12 months the money is transferred into an Easy Plus account. Can only hold one Gold Savings account ever. Can move money manually from Gold Current account using online banking. The Gold Current account offers free cash machine withdrawals and debit card transactions overseas.

Can also open by post. There is an application form on their website which can be sent to the freepost address given online.

Special_Saver2

Hi Folks,

Here is this weekend's update.

- Norwich and Peterborough BS Monthly Regular Saver account can be opened by telephone (as well as in branch as before)
- Norwich and Peterborough BS Gold Savings account can be opened by post (as well as by telephone and in branch)

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

lucky77

M & S Monthly Saver

Quote:

Originally Posted by Ed-1
The answer is YES. You can change the standing order date but you can't amend the date of an existing standing order. As with the HSBC regular saver, you can delete a standing order and setup a new one later.

The terms and conditions state:

You can stop a standing order that has been set up to your M&S Monthly Saver account and set up a new standing order at a later date.

Has anyone successfully changed the date of their standing order? My OH tried to set up a new s/o and failed but he didn't cancel the existing one first. He did speak to an agent who said the date can't be changed.

GreenBitterfly

Meant to say the Skipton Building Society Regular Saver has been withdrawn, the website doesn't show the account any more and promotional material appears to have been withdrawn in branches too. Well at least the branch I was in!

Snowbelle

Newcastle Big Home Saver/ISA Issue 1 rate dropping to 2.54% from 9th March bringing it down to the same as Issue 2.

Special_Saver2

Hi Everybody,

I have completed this weekend's update.

- Both of the Skipton BS regular savings accounts have been withdrawn

There is nothing else that I can find to change this weekends. 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

RobStaffs

Britannia cutting the interest rate on the select saver account issue 4. From 1.5% to 1%. Effective from 12th March. Truly shocking what is happening. What it means for me is that I will max my Stocks and Shares ISA from day one of the new tax year and increase my pension contributions for the foreseeable future.

MARTYM8`

RobStaffs wrote: »

Britannia cutting the interest rate on the select saver account issue 4. From 1.5% to 1%. Effective from 12th March. Truly shocking what is happening. What it means for me is that I will max my Stocks and Shares ISA from day one of the new tax year and increase my pension contributions for the foreseeable future.

Not shocking - quite deliberate by the government to cut mortgage rates/boost house prices via funding for lending/more QE which means banks are awash with cash and don't need savers funds as much as they used to. I hope those pensioners enjoying those one year fixed rate pensioner bonds join up the dots and wonder why rates have been so poor for the last 2 years.

Still you can get some good regular savers - either as part of current accounts or with some of the building societies. As this thread illustrates - 3 or 4% plus is possible.