Regular Savings Accounts: The Best Currently Available List!

Kazza242

redux wrote: »

Thanks. I won't be far from their area.

But if it's one of those that says you need an appointment, and people get wind of this change, maybe they'll be fully booked by the time I decide whether I can get there.

Are you an existing customer? If so, that could count in your favour as it would only take a short time to open an account. Why not give them a ring at 9am tomorrow when they open and ask if they can fit you in.

Special_Saver2

Hi Everybody,

I have updated the Clydesdale 2% account entry. I will add the Saffron BS account after it is launched next week.

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

MARTYM8`

Kazza242 wrote: »

Saffron Building Society will launch a new issue of their Members' Regular Saver on Tuesday 26th May, paying 3.50%.

The 12 Month Fixed Rate Members' Regular Saver (Issue 3) allows you to pay in between £10 - £200 per month and the account runs for 12 months. Unlimited withdrawals are permitted.

Like the previous issue, Saffron may allow non-members to open the account via a branch, though (at the time of writing this post, 22/05/2015) it has not been confirmed that they will allow this.

Existing members can open the account via branch or post.

Further details will appear on the Saffron BS website on Tuesday (26 May), see here.

So in other words they are just cutting the rate from 4% to 3.5% from Tuesday for new accounts!

My regular saver with them is about to mature very shortly - you can only have one - and they have just shut my nearest branch in Stratford.

Still a good rate for a regular saver not linked to a current account - but a little annoying from my perspective at the timing.

veryintrigued

Kazza242 wrote: »

Saffron Building Society will launch a new issue of their Members' Regular Saver on Tuesday 26th May, paying 3.50%.

The 12 Month Fixed Rate Members' Regular Saver (Issue 3) allows you to pay in between £10 - £200 per month and the account runs for 12 months. Unlimited withdrawals are permitted.

Like the previous issue, Saffron may allow non-members to open the account via a branch, though (at the time of writing this post, 22/05/2015) it has not been confirmed that they will allow this.

Existing members can open the account via branch or post.

Further details will appear on the Saffron BS website on Tuesday (26 May), see here.

This new 3.5% account (which does indeed seem to replace the now pulled 4% RS) is now showing on this link:

http://www.saffronbs.co.uk/savings/display.product.php?categoryID=1&category=general&productID=g2

moi

Special_Saver2 wrote: »

Newcastle BS Big Home Saver (Issue 3)

Interest rate: 2% gross p.a. / 2.02% gross AER variable
Monthly payment: £1-£1,250
Miss any payments: Yes, but you earn a lower interest rate in any month you miss a payment
Penalty-free withdrawals: No, you will earn a lower interest rate on the entire account balance in any month you make a withdrawal
Age of applicant: Not stated
How to open account: Branch, online and post

This appears to have become limited to branch opening and branch operations only. The option to open one through online banking has gone, and their webpage about the accounts has got rid of any reference to operation/opening by post or online.

"Big Home Savers

Introducing a branch exclusive ....

Available exclusively in branch....

Access By branch only."

MARTYM8`

From 1 July Mansfield BS are cutting the rate on their regular savings (2nd and 3rd issues) accounts from 2.75% to 2.25%.

The 3rd issue is the currently available product.

http://mansfieldbs.co.uk/savings/regular-savings-3rd-issue

Special_Saver2

Hi Folks,

I have carried out this weekend's update.

- Newcastle BS Big Home Saver (Issue 3) entry updated to reflect only available to open in branch now
- Safrron BS 12 Month Fixed Rate Regular Saver issue 2 replaced with issue 3 paying 3.5%. My understanding of the website and entries above is that anybody can open an account in branch and existing customers can open an account by post, please correct me if this is wrong

I will do another update the weekend after next.

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

afmfifgh

For all 3 issues I believe of the Newcastle Building Society Big Home Saver accounts - The £30,000 maximum balance becomes effective from today (01/06/2015).

Does anyone know how you can check the interest rate on the new Nottingham Building Society Special Saver Issue 3 account, I understand it is a variable rate and was 4% last month but want to make sure it hasn't changed? I can't find it online anywhere to check and I can't get into a branch.

Ken68

The 4% has only just came out ,afm. Just paid my first contribution, will visit branch tomorrow to check.
The 3.1% has been going ages. at the same rate

ernie-money

I've just realised that this account wasn't actually on the list, so not sure how I originally found it, but for anyone else who's got one - I've just had a letter in the post telling me that the interest is reducing from 4% to 3% in August. Shame, because the account never matures, so I've accrued a fair bit of money in there since I opened it...