Regular Savings Accounts: The Best Currently Available List!

paul_liverpoolfc

I'm interested in Tesco's Fixed Rate Saver account and it says you can have the interest paid into an account with another bank.

Does anyone know if my Santander 123 current account accepts interest payments?

skitskut

Yes it will do. An interest payment is no different from any other payment. Tesco will just need the sort code and A/N.

paul_liverpoolfc

Am I right in thinking Tesco's Fixed Rate Saver account just keeps your deposit safe until the end of the term whilst letting you transfer the interest on the deposit to an external account?

badger09

paul_liverpoolfc wrote: »

Am I right in thinking Tesco's Fixed Rate Saver account just keeps your deposit safe until the end of the term whilst letting you transfer the interest on the deposit to an external account?

Yes.

Obviously you won't get interest on your interest that way;)

May I ask why you're considering the Tesco fixed rates? They're not exactly 'chart topping':o

Special_Saver2

Hi Everybody,

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

Special_Saver2

Hi Folks,

I have found a change for this weekend's update.

The Chorley BS Children's Regular Saver (Issue 2) account in post 3 has increased its interest rate from 2% to 3% per annum as of yesterday. This is paid on up to £150 per month until a child's 16th birthday. It also appears the two withdrawals per calendar year rule has disappeared.

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

Milarky

... as part of TSB's current account war...

5% fixed for 12 months @ £250 per month. Penalty free access to balance BUT requires 'TSB current account' to be held.

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

Also (it must be a typo) but it claims accounts opened since 1st July were paying the 5% rate. I don't believe that or someone would have mentioned it.

gt94sss2

Milarky wrote: »

Also (it must be a typo) but it claims accounts opened since 1st July were paying the 5% rate. I don't believe that or someone would have mentioned it.

<cough>Post #3372 </cough>

Regards
Sunil

afmfifgh

Milarky wrote: »

Also (it must be a typo) but it claims accounts opened since 1st July were paying the 5% rate. I don't believe that or someone would have mentioned it.

I opened mine on 1st July having read about it on here. It is one of the easiest accounts I have opened. Done in just a few clicks.

[Deleted User]

afmfifgh wrote: »

I opened mine on 1st July having read about it on here. It is one of the easiest accounts I have opened. Done in just a few clicks.

Yes, I opened mine on 1st July too, and I also agree it was the easiest accounts I have ever opened. :j