Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Everybody,

I have updated post 5 of the first page of this thread with the Santander Regular eSaver details. Thanks to patientperson for pointing out this new account. I will do another update this 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

KTF

Its a bit silly that you have to call or visit Santander to open one then its managed via online only.

Still, if needs must...

garfield33

New Santander account opened - waited on the phone for about 15 minutes and it took about another 15 minutes to set up with the poor bloke having to read out all the T&Cs - I asked and he said he's done it quite a few times now and is starting to do it in his sleep he also set up the standing order for me. The account is already showing on my online/mobile banking. All in all very straightforward!

Ashen

Apologies if this is already covered somewhere in the huge thread, but for the Leeds BS Regular Saver, how exactly is it operated by post if I want to move/close money, considering I'm not anywhere near a branch?

Thanks

colsten

Ashen wrote: »

Apologies if this is already covered somewhere in the huge thread, but for the Leeds BS Regular Saver, how exactly is it operated by post if I want to move/close money, considering I'm not anywhere near a branch?

You can give them written instructions, and they'll probably ask for your instructions a few weeks before maturity. I think they can send you a cheque if you want your money out of Leeds BS.

Westie983

Ashen wrote: »

Apologies if this is already covered somewhere in the huge thread, but for the Leeds BS Regular Saver, how exactly is it operated by post if I want to move/close money, considering I'm not anywhere near a branch?

Thanks

They send you a withdrawal form with each credit you make, with the deposit slip and envelopes.

Special_Saver2

Hi Folks,

I have added the Hanley Economic BS Home Deposit Saver account to post 8 (paying 3.25% but I think you have to take out a mortgage with Hanley Economic BS otherwise get a 180 day interest penalty). I cannot find anything else to change on the first page of this thread.

If you celebrate it then have a great Easter. If not then have a great, really long Bank Holiday weekend!

I will do another update this 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

Steve_xx

Special_Saver2 wrote: »

Hi Folks,

I have added the Hanley Economic BS Home Deposit Saver account to post 8 (paying 3.25% but I think you have to take out a mortgage with Hanley Economic BS otherwise get a 180 day interest penalty). I cannot find anything else to change on the first page of this thread.

This is an interesting one. So in any 12 month period that you withdraw, other than for one of their mortgages, the rate drops effectively to 1.65% - some might say not so bad these days.

Then further down they say that if no subs are received for 3 months then they reserve the right to close the account. I wonder if them closing it in this way would trigger the 180 days loss of interest? However, they would give 30 days notice to do that; so that's four months gone before you could get your money with or without the full interest rate.

I can't see how much you can add each month anywhere?

bristolleedsfan

Leek B.S have similar clauses with its now closed to new account openings - Homebuyers Regular Saver -3%

Loss of interest if ,,,,,,

Reserve the right to ......if .....

I asked Leek B.S if there is any loss of interest if they take the latter option and reply was No.:)

Best thing is for people to open accounts with Hanley and ask the question afterwards so they dont change anything too quickly.

Hanley Account appears to just have a minimum initial and overall maximum balance, I would suggest people open initially with smallish initial investment.

Special_Saver2

Steve_xx wrote: »

I can't see how much you can add each month anywhere?

On the moneysupermarket.com page on this account, it says you can deposit £100 - £500 per month. It also says you can access your money after 36 months (perhaps they mean access it penalty-free), which is also not stated on the Hanley Economic website. If anybody finds out any more then let us all know and I can put more detail in my entry on page 1 of this thread.

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