Regular Savings Accounts: The Best Currently Available List!

letThemPlay

It wasn't an option just thinking if you opened it up on the 30th with the first payment for the 31st; as deposit period is calendar month; you could then change the standing order to on the 1st of the month.

Its definitely playing the system as I think with this you could make 13 payments in the year; but I don't see anything in the t&c's that prohibit it.

Archi_Bald

If the possibility of 13 payments really floats your boat, search for the thread on the Club Lloyds Monthly Saver in which this has been discussed extensively.

letThemPlay

I was more curious than anything; I wouldn't do it myself when I get around to opening one; just thought it was an interesting situation. I didn't realise there was a similar situation with the Lloyds regular saver; so I guess that answers my original question.

Thank you guys for your quick responses,

B_G_B

TSB regular saver... don't want to pull this regular saver post off topic but....for those with TSB plus current accounts please check that paperless is set on new regular saver, mine wasn't. I'm late going out now so can,t check T&C's for PLUS account. Don't want to see people trip up on their current account interest (tonight).

Special_Saver2

Hi Folks,

I have updated the first post with the new 2.2% Scottish BS and 5% TSB regular saver account interest rates (and bumped the position of the TSB account up the list in post 5 given its new interest rate).

I have also removed the Mansfield BS Regular Savings (Issue 3) account from post 2 and replaced it with the issue 4 account in post 4 as the interest rate drops after 12 months on this account. Besides the interest rate being 2.5% now, the ability to open 3 accounts has been removed (now just 1 account per customer). It is only available to local residents or existing customers for 1 year or more.

SS2

---

For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=1

afmfifgh

B_G_B wrote: »

TSB regular saver... don't want to pull this regular saver post off topic but....for those with TSB plus current accounts please check that paperless is set on new regular saver, mine wasn't. I'm late going out now so can,t check T&C's for PLUS account. Don't want to see people trip up on their current account interest (tonight).

Thanks for this - from the T&C's on the Classic Plus it would seem that you don't need to go paperless for the monthly saver as it doesn't mention it applying to all accounts. But when I went to change to Paperless on my Monthly Saver it did mention something about needing to if you hold a Classic Plus account (I don't have the wording).

To be on the safe side I have opted for Paperless Statements & correspondence on the Monthly Saver.

Nationwide8

Thanks for heads up about TSB monthly saver,about 3 clicks and its open,also have gone paperless.

typistretired

Husband and I just opened one of these delighted as I am looking for a home for my maturing first direct and Lloyds Club Regular Savers. Don't think moneysavingexpert main site have listed it yet.


We also opened a new first direct regular saver online today it allows you to set up regular payment during application and the £300 each, payment went out of current account straight away will show up in list of accounts tomorrow. No need to ring them up do it online - apply online listed on left when you log in and regular saver in the list.

afmfifgh

typistretired wrote: »

Husband and I just opened one of these delighted as I am looking for a home more my maturing first direct and Lloyds Club Regular Savers.

Once your Club Llloyds RS has matured you can open another one of those, just thought I would mention it incase you did not know. Also if you open the TSB, Lloyds or First Direct as sole accounts you could have each of them as can your husband so 6 in total v just 3 if you open them as joint Regular Savers.

typistretired

Husband and I have opened regular savers with TSB yesterday. We have 2 Classic Plus current accounts each with them already (4 altogether) I have opened another Lloyds Club Regular Saver for myself. Husband not yet bothered with Lloyds Club yet.


TSB constantly amuse me when I clicked on monthly saver account today I received the following message. (The £250 standing order had been processed)


"Sorry, but we can't show you some recent transactions as your name wasn't on the account when these transactions were processed"