Regular Savings Accounts: The Best Currently Available List!

lucky77

The Dudley BS One Year Regular Saver 2 paying 2.9% has been replaced with issue 3 paying 2.5% but the maximum monthly payment has increased from £250 to £400

BigBelly

Presumably some people here have had M&S Monthly Savers maturing recently, as it became available just over a year ago. However, it appears that there are now extra conditions for eligibility for the account. You have to have two active direct debits and have switched using the switching service. Has anyone managed to open another account without meeting those requirements?

Biggles

BigBelly wrote: »

Presumably some people here have had M&S Monthly Savers maturing recently, as it became available just over a year ago. However, it appears that there are now extra conditions for eligibility for the account. You have to have two active direct debits and have switched using the switching service. Has anyone managed to open another account without meeting those requirements?

Mine matured a week ago; I had to have the half-hour telephone grilling that now seems to be the norm with HSBC regular savers but there was no mention of two DDs being needed. I had used the switching service originally but that was a year ago and wasn't mentioned either.

Ken68

Am renewing mine next week, BB, will report back.

Rich2808

BigBelly wrote: »

Presumably some people here have had M&S Monthly Savers maturing recently, as it became available just over a year ago. However, it appears that there are now extra conditions for eligibility for the account. You have to have two active direct debits and have switched using the switching service. Has anyone managed to open another account without meeting those requirements?

I thought that only applied to new current account holders from this month - not existing account holders. HSBC have no such requirement and nor do First Direct - which are more or less the same product albeit FD allow £300 a month rather than £250.

lucky77

I have just opened a new monthly saver and was not asked to set up direct debits so agree with previous poster that requirement does not seem to apply to existing account holders.

anoncol

lucky77 wrote: »

I have just opened a new monthly saver and was not asked to set up direct debits so agree with previous poster that requirement does not seem to apply to existing account holders.

Correct it only applies to new customers. We opened a new one a couple of weeks ago with only three grilling on the phone.

Speculator

veryintrigued wrote: »

So the Chorley 18 month Sunshine account only has another two months to run.

Has anyone heard any rumours what might be replacing it?

At £750 per month for 18 months at a rate of 4.5% it really was a smashing product.

Does anyone know the maturity date of this account?


Is it 18 months from account opening or is there a specific date when all accounts reach maturity?


Thanks in advance.

veryintrigued

Speculator wrote: »

Does anyone know the maturity date of this account?


Is it 18 months from account opening or is there a specific date when all accounts reach maturity?


Thanks in advance.

31/03/16 is in my spreadsheet and am pretty certain that's correct.

Special_Saver2

Hi Folks,

I have updated the Dudley BS One Year Regular Saver account with the issue 3 details.

I cannot find anything else 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