Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Everybody,

I have carried out this weekend's update.

Regarding the Chorley BS Childrens Regular Saver account that ernie-money mentions in the post above, it is no longer available however the second issue is available paying a lower interest rate of 2% on up to £150 per month. I have included it with the accounts that can stay open for more than 1 year as the account will run until the child's 16th birthday and there is a maximum balance of £28,800 (which is equivalent to 16 years of payments without any interest).

The adult equivalent account actually looks better. It is already in post 2, paying 2% on up to £500 per month, no maturity date, maximum £85,000 (which would take you around 14 years to fill). You could debate if that account should be in post 2 or post 3. As there is no maturity date, I will leave it in post 2 as you could technically fill it with £85,000 then keep doing little withdrawals to keep the account open indefinitely.

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

Special_Saver2

Hi Folks,

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

Gers

moi wrote: »

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."

And they have upped the max monthly contribution to £1,270.00.

afmfifgh

Gers wrote: »

And they have upped the max monthly contribution to £1,270.00.

This has been the case since the start of the next tax year so it is inline with the increased ISA allowance. I posted about it back then on this forum.

In case you also missed it, they have brought in a restriction of £30,000 per account.

bristolleedsfan

Gers wrote: »

And they have upped the max monthly contribution to £1,270.00.

For those who dont already have Progressive account(s) and/or ISA elsewhere this current year, worth considering.

http://www.theprogressive.com/savings/regular-e-saver/ 2.75% up to 500 per month

Once opened as an existing member qualifies for both of these

http://www.theprogressive.com/savings/clockwork-regular-saver/ - 2.75% up to 500 per month

http://www.theprogressive.com/savings/cash-isa/clockwork-regular-isa-saver/ 2.75% up to 1270.00 per month.

Crag30

bristolleedsfan wrote: »

For those who dont already have Progressive account(s) and/or ISA elsewhere this current year, worth considering.

http://www.theprogressive.com/savings/regular-e-saver/ 2.75% up to 500 per month

Once opened as an existing member qualifies for both of these

http://www.theprogressive.com/savings/clockwork-regular-saver/ - 2.75% up to 500 per month

http://www.theprogressive.com/savings/cash-isa/clockwork-regular-isa-saver/ 2.75% up to 1270.00 per month.

You need to be a resident of Northern Ireland or be an existing member for these

Special_Saver2

Hi Everybody,

I cannot find anything that has changed for this weekend's (slightly late!) update.

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

MARTYM8`

Special_Saver2 wrote: »

Hi Everybody,

I cannot find anything that has changed for this weekend's (slightly late!) update.

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

Sorry - just a reminder that the rate on the Mansfield regular saver issue 3 (shown on the first page) drops by 0.5% to 2.25% from Wednesday.


"Mansfield BS Regular Savings (Issue 3)

Interest rate: 2.75% gross p.a. variable (2.25% from 1 July)"

patientperson

Rate increased from 2.00% to 2.20%

No access in 12 month period

http://www.scottishbs.co.uk/savings/regular-saver.html

http://www.scottishbs.co.uk/images/stories/Savings/RatesPoster_SIRP_A4_0515.pdf

ernie-money

HSBC regular saver 6% when you take out current account: https://www.hsbc.co.uk/1/2/current-accounts/hsbc-advance
+ £120 incentive when you pay £1750 a month into current account. Will be a bit of hassle setting up all standing orders to pay in £1750 a month, but guess otherwise you don't qualify for the ISA & regular saver deals..?