Regular Savings Accounts: The Best Currently Available List!

info_addict

Just confirmed with them that the Penrith require you send your passbook back to them with your maturity instruction form.

Or if you live locally then you can drop it in, as the letter states.

BigBelly

Do Penrith do direct bank transfers, or do you have to receive the money by cheque?

Ken68

Don't think so B.B, otherwise I would have asked for that instead of a cheque.
The money goes into a holding account before cheque is sent off and R.85'ers will need to sign another form for that account.

GazHol

ernie-money wrote: »

First payment 30/4, Second payment 8/6, 3rd payment 1/6, 4th payment 1/7 - all full amount & none rejected.

Have tried shifting the SO date (you have to cancel the SO and create a new one), each time the SO was credited back into my current account. Set the 'new' SO to the original date and this has gone though ok. Seems you may have slipped through the net ernie-money?

planteria

so the Penrith one is a RegSaver that shuts down after 12months, ala HSBC.. best that roll on & allow you to continue to contribute?--i'm off to look at the list.

planteria

....Nottingham Building Society paying 3.1% is the best on the market. choosing that rather than M&S's 6% is difficult to justify.

i would open a Swansea Building Society regular saver if i could, but i don't have a Welsh address:(

luvpump

With returns of any Bank or Building society so poor I decided to put a lot of my funds in a Peer2peer, not for everyone but i have much improved on my returns

Steve_xx

luvpump wrote: »

With returns of any Bank or Building society so poor I decided to put a lot of my funds in a Peer2peer, not for everyone but i have much improved on my returns

The risk of not having the FSCS is one step too far!

Special_Saver2

Hi Folks,

I have checked through all the links on the first page and corrected some broken links. I have also updated the following information:

- Newcastle BS Big Home Saver (Issue 3) removed from the list as the interest rate has dropped below 2% and it therefore no longer meets the criteria listed in post 1 for inclusion on the list

- Newcastle BS Childrens Account interest rate dropped from 3% to 2.49%

- Principality BS Dylan's Regular Saver Bond (for children) changed from issue 5 to issue 6

- Santander 123 Current Account (in feeder account section) updated to reflect that the monthly fee is increasing from £2 per month to £5 per month from January 2016

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

BigBelly

I'm pretty sure the Skipton Regular Saver (which became available for a few months from last November) does not allow a 13th monthly payment. Mine matures on the 19th November, and I made a payment yesterday and I have found a faster payment credit of £250 in my current account today. So I assume that Skipton have returned my payment.

The reason why I'm not 100% sure is that I also made two payments to Nottingham BS for £250 today for their Regular and Special Savers, to it is possible that one of those was rejected, but neither of them are maturing this month so I'm 99% that it came from Skipton. Maybe it was in the terms and conditions but I can't find them right now and the account is no longer available so I can't check online.