Regular Savings Accounts: The Best Currently Available List!

bristolleedsfan

Special_Saver2 wrote: »

For anybody looking for a regular savings ISA for the new tax year, check out Kazza's ISAs page. Look at the bottom of post 1 for two regular savings accounts that pay 3% and 2.75% respectively for locals in Nottingham and Northern Ireland.

http://forums.moneysavingexpert.com/showpost.php?p=68148967&postcount=4003

afmfifgh

Special_Saver2 wrote: »

For anybody looking for a regular savings ISA for the new tax year, check out Kazza's ISAs page. Look at the bottom of post 1 for two regular savings accounts that pay 3% and 2.75% respectively for locals in Nottingham and Northern Ireland.

Not much of a difference but the Nottingham B.S. account actually pays 3.1% of which 3% is a bonus if the conditions of the account are stuck to.

Edit: Sorry my mistake. I didn't notice you said ISA regular saver. The 3.1% is about the non ISA regular saver. Sorry for the confusion.

ajdj

I have full details of the Nottigham 3% ISA as they were posted to me.

Starter ISA (issue 5)
3.00% tax free, variable rate
No bonus payable
You can transfer to another ISA provider with a charge of 180 days interest on the amount transferred. No other types of withdrawals permitted.
Access- Branch only

£10 minimum balance, maximum monthly contribution £1,270 with an opportunity to top up to the maximum ISA subscription limit in March 2016.

Fixed term ends 5th April 2016, interest paid on maturity.

afmfifgh

Hi has anyone had any information about being able to increase the monthly payments into either the Newcastle Big Home Saver Issue 1 or 2 now that the ISA allowance has increased?

I am talking about both the ISA and non ISA versions of these accounts.

Currently you can pay £1,250 in each month (£15,000 a year = 2014/15 ISA allowance) but I haven't had anything about being allowed to increase this to £1,270 (£15,240 a year = 2015/16 ISA allowance).

I can't find anything on the website. Only that the new N.B.S. Big Home Saver Issue 3 allows £1,270 a month to be paid in.

afmfifgh

IanIan wrote: »

Just received a letter from them telling me that the interest rate will fall on 1st May 2015. The new rate will be 2% including the bonus of 1%. This is a reduction of 0.54%. I'm not happy.

I don't think it has been noted yet on the thread but I have just re-read the letters about the rate drop for both the Issue 1 and Issue 2 and I saw that it also states:

Important information about the Account Maximum Balance

We have introduced an addiontal Special Condition to this account for the maximum balance permitted to be held. With effect from 1st June 2015, the maximum balance will be £30,000. This maximum balance still enables you to save more than the current average first time buyer deposit in a Newcastle Big Home Saver. The product also continues to offer a cash bonus after successfully saving and should you decide to complete a mortgage with the Newcastle.

Edit: This maximum balance also applies to Issue 3. Also it seems to apply to both the ISA and non ISA versions of these accounts.

This is seemingly a stupid limit as it doesn't cover 2 years ISA allowance. So unless they increase it you may be left not able to use up all of your ISA allowance unless you transfer to a different provider with no such limits.

Also it seems there are no restrictions on holding the Issue 3 along with Issues 1 & 2.

ctdctd

themanfromamarillo wrote: »

I opened a Nottingham BS regular savings last week. Apparently their St Albans branch is new so might be a good option for anyone in the South East looking to open an account with them.

Also open in Harpenden with possible free parking outside the front door. :beer:

redux

ctdctd wrote: »

Also open in Harpenden with possible free parking outside the front door. :beer:

Are you like me? I sometimes use Google Street View in advance to check the parking signs in an area I don't know.

ctdctd

redux wrote: »

Are you like me? I sometimes use Google Street View in advance to check the parking signs in an area I don't know.

Nope - I went there to see them today. :j

P.S. Yes, I use StreetView in a similar way - went to Germany last year and they didn't have it! :shocked:

Special_Saver2

Hi Everybody,

Thanks for the information above about closing the Club Lloyds 4% Monthly Saver account online. I have updated the entry on the first page of this thread with the information.

I cannot find anything that has changed for this weekend's update.

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

Biggles

Special_Saver2 wrote: »

Thanks for the information above about closing the Club Lloyds 4% Monthly Saver account online. I have updated the entry on the first page of this thread with the information.

Yes, I've just closed mine online, just a couple of clicks.

NB: It's the residual Easy Saver that you close, not the Club Lloyds Monthly Saver.