Regular Savings Accounts: The Best Currently Available List!

Speculator

I opened my Barclays Regular 5 months ago, I don't bank with them and didn't get a monthly statement.

Three weeks ago, I visited my local branch and was told that my a/c was set up by default to receive yearly statements. She changed it to monthly and I received my first statement one week later.

LongTermLurker

Thanks KTF & Speculator. I'd rather go online as I'd prefer to avoid the unnecessary tree-felling for one transaction per month (that wasn't intended for a soapbox btw...)

uugh - I guess that means I need to make another appointment now to open a current account so I can get access to the one I really want.

KTF

You can open up a current account online if you dont mind the delay whilst they send out the paperwork for you to sign, etc.

Stewster

contactjd wrote: »

If you have more than £500 a month going into a HSBC current account you can ring 0800 130 130 and ask for the 8% fixed regular saver at up to £250 a month

I tried this but was told that as my account hadn't been converted to one of their new style accounts (Current account advance or something like that) that I couldn't open it. The letter I received from them notifying me of the change in account apparently says the account will be converted by the 1st of December. Bit useless really.

When challenged over whether the rate would have gone down by then, the UK based operator told me he didn't know.

LongTermLurker

KTF wrote: »

You can open up a current account online if you dont mind the delay whilst they send out the paperwork for you to sign, etc.

Thanks, I'll look into that - luckily they gave me a book with all the Ts & Cs - happy reading

ScarletBea

I've just opened a Barclays one as well (while waiting for my Icesave money, hehe).

Since I'm a new customer I went to the branch, and used my drivers licence to open the account. Took me longer than 10 minutes because the employee had a bit of problems with the computer and writing addresses :rolleyes:

I asked about the online banking, but it's only available if you have a current account. I don't want one, so set up the statements to be delivered monthly (this way I can check rate, interest and then get tax information).
At least it's a 7.75% AER, better £250 with that than with the 4.8% my natwest esavers pays :rolleyes:

LongTermLurker

ScarletBea wrote: »

I don't want one, so set up the statements to be delivered monthly (this way I can check rate, interest and then get tax information).
At least it's a 7.75% AER, better £250 with that than with the 4.8% my natwest esavers pays :rolleyes:

The rate is fixed so won't change until the year is up and as the interest is rolled up, the amount added and tax paid is also irrelevent until you withdraw the money, which hopefully will be after a year. It's your call, but I think it's a waste of paper for one entry and also another document to get lost in the post or be delivered to that strange couple in number 23

Nobody ever said on their deathbed "I wish I'd spent more time at work"

The guy who gave up private health cover might have

ScarletBea

^ hehehe

And about the papers, I know, I don't receive paper statements in my other accounts anymore as I can see everything online, but I'm a bit paranoic about having proof of everything... on the way home I kept thinking that the lady didn't give me any document now as proof that I'd opened the account...

LongTermLurker

ScarletBea wrote: »

^ hehehe

And about the papers, I know, I don't receive paper statements in my other accounts anymore as I can see everything online, but I'm a bit paranoic about having proof of everything... on the way home I kept thinking that the lady didn't give me any document now as proof that I'd opened the account...

You should have got a sheet with the sortcode/account number on so you can set up a standing order?

ScarletBea

As I said, it must have been a trainee: I got a blank sheet of paper from one of those square blocks with some squiggly numbers, hehehe