Regular Savings Accounts: The Best Currently Available List!

Biggles

ernie-money wrote: »

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..?

The HSBC Regular Saver has been on Page 1 of this thread for a while.

The £120 switching incentive is being discussed here https://forums.moneysavingexpert.com/discussion/5273638

ernie-money

Biggles wrote: »

The HSBC Regular Saver has been on Page 1 of this thread for a while.

The £120 switching incentive is being discussed here https://forums.moneysavingexpert.com/discussion/5273638

Yes, but the current account has previously carried a fee - sorry, I didn't make that very clear, it's now free.

Archi_Bald

ernie-money wrote: »

Yes, but the current account has previously carried a fee

Not for man months (6+) now

anna42hmr

TSB have increased the rate on their monthly saver to 5% see

http://www.tsb.co.uk/savings/monthly-saver/

GreenBitterfly

anna42hmr wrote: »

TSB have increased the rate on their monthly saver to 5% see

http://www.tsb.co.uk/savings/monthly-saver/

Thanks for pointing this out, will be opening one shortly! Work gets in the way!

ernie-money

Archi_Bald wrote: »

Not for man months (6+) now

If I'd realised I would have opened it a long time ago! I just read the info at the beginning of this thread:


Special conditions: Must hold a current account with HSBC and the standing order must come from that account. If you pay in less than £250 per month then you can make up the extra amount in future months - your maximum balance goes up by £250 per month. For a version of this account which requires a current account that does not have a fee, see below.


and assumed it carried a fee. Guess the monthly pay in requirement isn't up to date either then.


Edit: I just read my post & realised it sounds rather negative - that's not how I meant it, just pointing out that the info needs updating! I really appreciate the info in this thread - thanks a lot Special Saver!

afmfifgh

Great to see TSB bucking the trend and actually increasing rates. Shame it is only one per person and not one per current account but at 5% you can't complain too much I guess.

Thanks for posting about it anna42hmr

saintalan

anna42hmr wrote: »

TSB have increased the rate on their monthly saver to 5% see

http://www.tsb.co.uk/savings/monthly-saver/

Well that was the easiest banking transaction ever!

Logged on>select the a/c>tick T&C - returns acceptance and a/c number. Set up SO.

Well done TSB & thanks anna.

Biggles

ernie-money wrote: »

If I'd realised I would have opened it a long time ago! I just read the info at the beginning of this thread:

Special conditions: Must hold a current account with HSBC and the standing order must come from that account. If you pay in less than £250 per month then you can make up the extra amount in future months - your maximum balance goes up by £250 per month. For a version of this account which requires a current account that does not have a fee, see below.

and assumed it carried a fee. Guess the monthly pay in requirement isn't up to date either then.

But the last bit of that paragraph read: 'Advance account now available free of charge - see post 2895.' And the monthly payment info is also still current.

ernie-money

Biggles wrote: »

But the last bit of that paragraph read: 'Advance account now available free of charge - see post 2895.' And the monthly payment info is also still current.

I stand corrected again! I was thinking about the monthly funding requirement for the current account, not the monthly saver - derr... And I didn't read any further when I saw the bit that said see other post for version that doesn't carry a fee.
Sorry!