Regular Savings Accounts: The Best Currently Available List!

ratechaser

Special_Saver2 wrote: »

I am going to keep my old Nationwide Regular Savings account open (in addition to my Nationwide Flexclusive Regular Saver account). My Nationwide Regular Savings has had just £1 in it for a while now but if I ever fill up all my high interest current accounts and regular savings account paying 3.5% or better, then being able to save £1,000 per month at 2% would then be quite attractive.

Given that now this account also only has a 12 month lifespan before it gets transferred into whatever low interest intstant saver is around next December, I think you've got no hope of it ever being of any use to you!

ratechaser

veryintrigued wrote: »

I think the Nottingham RS was pulled a couple of weeks ago.

Well the link's certainly dead. I'm going into a branch tomorrow to set up the 3.1% account, so will double check as I'd like both if at all possible!

fuzzgun19

When you're paying into a regular saver account, can you change the amount you're paying in? once you start the account and start paying does it have to stay at that amount for the whole 12mths?

Eco_Miser

fuzzgun19 wrote: »

When you're paying into a regular saver account, can you change the amount you're paying in? once you start the account and start paying does it have to stay at that amount for the whole 12mths?

It depends on the T&Cs for each account.
Some are fixed, some are flexible.

fuzzgun19

Eco_Miser wrote: »

It depends on the T&Cs for each account.
Some are fixed, some are flexible.

Thanks, it was the First Direct I was wondering about. I'll see if I can find something in the t&cs or message them.

Lolly88

fuzzgun19 wrote: »

Thanks, it was the First Direct I was wondering about. I'll see if I can find something in the t&cs or message them.

http://www1.firstdirect.com/1/2/savings/regular-savings-account

fuzzgun19

Lolly88 wrote: »

http://www1.firstdirect.com/1/2/savings/regular-savings-account

Thanks, looks like you can carry over any unused allowance as long as it's up to £3600pa.

veryintrigued

ratechaser wrote: »

Well the link's certainly dead. I'm going into a branch tomorrow to set up the 3.1% account, so will double check as I'd like both if at all possible!

C'mon - the suspense is killing me

;-)

ratechaser

veryintrigued wrote: »

C'mon - the suspense is killing me

;-)

Well just to put you out of your misery, it was confirmed as no longer available when I went into the branch. Pity... but at least I got the 3.1% one set up along with the 3.05% one with the Leeds, so not a totally unproductive day. Now to sort out one with the Nationwide

lisanaylor

Does anyone know whether interest is taxed when it's earned or when it's paid? I'm trying to find out whether my TSB monthly saver is effectively tax free savings already because the interest isn't going to be paid until the new rules come in next tax year? Or will the bank work out how much of the interest was actually earned this tax year and tax that part of it?