Regular Savings Accounts: The Best Currently Available List!

RobStaffs

MARTYM8` wrote: »

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.

Yes already maxed on the Santander 1-2-3 account so covered there. The other current accounts are not really that appealing in terms of the maximum interest you can earn annually vs the total hassle of setting them up.

savvyowl1

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%.

That's what they told me. Very annoyed one month into a 12 month deal and they are pulling out on their offer, not even sure they are allowed to do that. Worst bit is if you go and look on their site now they have issue 3 available and the interest rate is back up to what we were offered when we opened ours but they have restricted the postcodes. Very unethical on all fronts :mad:. They are saying we can withdraw our money with no penalty but they couldn't hold us to a deal they have not honoured!

RobStaffs

Apologies if this one has already been posted but Leek BS have a regular saver paying 2.25%, maximum of £500pm with one withdrawal per annum. Branch account only I am afraid. Have I got this wrong? Returns £62 pa? Hardly worth it.

SuiDreams

I've opened the M&S current account for acces to the reg saver only. I was thinking of opening the HSBC advance account for the same reason, has anyone had any problems doing this?

Ken68

SuiDreams wrote: »

I've opened the M&S current account for acces to the reg saver only. I was thinking of opening the HSBC advance account for the same reason, has anyone had any problems doing this?

They didn't want to know me Sui on the 4% Regular Saver, thought maybe because I already had FD 6%..... but since done the M&S 6% so you lose some etc.

SuiDreams

Ken68 wrote: »

They didn't want to know me Sui on the 4% Regular Saver, thought maybe because I already had FD 6%..... but since done the M&S 6% since so you lose some etc.

I'm a FD customer as well, but use the account regularly and have other accounts as well. and only had M&S since last month

Ken68

Good for you Sui, go for it. Have you tried the switching accounts game yet? Free money.

Archi_Bald

I have all 3 6% Regular Savers. Getting the Advance account could take some time. There are various threads about it on the forum, e.g. https://forums.moneysavingexpert.com/discussion/5050752.

SuiDreams

Ken68 wrote: »

Good for you Sui, go for it. Have you tried the switching accounts game yet? Free money.

Just started trying that for the extra money, hoping to get the £100 M&S gift voucher by the end of this month, and just tried a switch to Yorkshire bank (fingers crossed the money will come through), wasn't brave enough to try multiple switches.

SuiDreams

Looks like an immediate acceptance for the advance account, but the longest phone call ever to get it set up. Just needs to sign the docs when they come through.