Regular Savings Accounts: The Best Currently Available List!

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.

bristolleedsfan

BigBelly wrote: »

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.

https://www.google.co.uk/search?q=Skipton+loyalty+Regular+Saver&ie=utf-8&oe=utf-8&gws_rd=cr&ei=OXo3VpPvBciBU5L5segD

Taken from PDF file link result

[FONT=&quot] "Invest up to a maximum of £3,000 in total"[/FONT]

BigBelly

bristolleedsfan wrote: »

https://www.google.co.uk/search?q=Skipton+loyalty+Regular+Saver&ie=utf-8&oe=utf-8&gws_rd=cr&ei=OXo3VpPvBciBU5L5segD

Taken from PDF file link result

[FONT=&quot] "Invest up to a maximum of £3,000 in total"[/FONT]

Good find. Mine's actually not the Loyalty version, but it is bound to be the same.

ajdj

BigBelly wrote: »

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.

Yes, maximum balance is £3,000. I had my maturity letter on Saturday and their new regular saver offering is rather poor paying 2.55%. If you've already got the Nottingham 3.1% and 5% Regular Savers then it might be worth opening a Special Saver Issue 4 that pays 4% and accepts up to £400/month (matures 31st Oct 16). It's fine to have all 3 accounts.

BigBelly

But don't you have to visit a Nottingham BS branch to open an account with them, even if you already hold accounts with them? When I opened my existing accounts I was passing through the area anyway.

Careful_ly

I had a telephone call recently from Skipton re my soon to mature regular saver and the advisor told me they are releasing a Christmas regular saver on 23rd November.


He didn't know interest rate or payment amount, so I will be waiting till the 23rd before closing my maturing account.

steve65e

I was told in a Skipton branch yesterday that there will be a 2.25% reg saver available when mine matures (Dec 29), but they are not doing a loyalty saver this year.

ajdj

BigBelly wrote: »

But don't you have to visit a Nottingham BS branch to open an account with them, even if you already hold accounts with them? When I opened my existing accounts I was passing through the area anyway.

Technically yes, but if they have your ID on file and the branch manager is amenable it's not impossible. Phone and ask as you live a distance from the branch.