Regular Savings Accounts: The Best Currently Available List!

veryintrigued

For those of you with this account (and with online access) its now showing your added interest and also that its a Chorlean Share account.

badger09

veryintrigued wrote: »

For those of you with this account (and with online access) its now showing your added interest and also that its a Chorlean Share account.

Yes, I've checked mine today and interest has been added. I'll be logging in daily to see when they might have sent out my cheque:o

Archi_Bald

Mine is still sitting there as a Sunshine Saver and without interest added. It might be because I was slower opening the account. My opening deposit cheque did not clear until October 9 2014. The value date for my first deposit was October 2 2014.

badger09

Archi_Bald wrote: »

Mine is still sitting there as a Sunshine Saver and without interest added. It might be because I was slower opening the account. My opening deposit cheque did not clear until October 9 2014. The value date for my first deposit was October 2 2014.

It will probably appear on Monday ArchiBald.

My first transaction shows Cheque Post Rec 1/10/14 and my interest appeared online today, credited yesterday 1st - in line with T&C.

As your matures on a Saturday, interest should be credited on Monday but it probably won't be visible online until Tuesday.

Then just the cheque to wait for then:cool:

Barney1954

Chorley Sunshine Account

For those of you with this account with online access, please could you post how much interest accrued on the account?
Unfortunately, I'm unable to collect my cheque until next week.

veryintrigued

Barney1954 wrote: »

Chorley Sunshine Account

For those of you with this account with online access, please could you post how much interest accrued on the account?
Unfortunately, I'm unable to collect my cheque until next week.

£482.11 gross on a fully subscribed account.

The MSE calculator is normally pretty accurate for these things:

http://www.moneysavingexpert.com/savings/best-regular-savings-accounts?&_ga=1.203202456.803776318.1459365576#savingscalc

c-101

Hi hope someone can help me, have read back but can't find the answer I'm looking for.

I have recently opened a TSB reg saver, made a first deposit via FPI through a non tsb bank then set up a regular payment from same account but it's not gone in as a SO its gone in as another FPI, this is the 2nd payment I've made.

I'm aware that payments need to be made by SO to qualify for intrest, but only realised this after I made 1st payment, now I'm concerned as the regular payment I set up is showing as FPI, Will I qualify for intrest? Or would I be best to cancel the reg payment and set up a new SO from my TSB account. TIA for any help.

Westie983

c-101 wrote: »

Hi hope someone can help me, have read back but can't find the answer I'm looking for.

I have recently opened a TSB reg saver, made a first deposit via FPI through a non tsb bank then set up a regular payment from same account but it's not gone in as a SO its gone in as another FPI, this is the 2nd payment I've made.

I'm aware that payments need to be made by SO to qualify for intrest, but only realised this after I made 1st payment, now I'm concerned as the regular payment I set up is showing as FPI, Will I qualify for intrest? Or would I be best to cancel the reg payment and set up a new SO from my TSB account. TIA for any help.

Same thing happened to me when I opened mine, spoke to TSB and they said the opening payment wont make a difference to the interest as it was part of her opening process. Advisor mentioned as long as the following payments are made by SO, to be safe I withdrew my first payment and replaced it by SO.

c-101

Westie983 wrote: »

Same thing happened to me when I opened mine, spoke to TSB and they said the opening payment wont make a difference to the interest as it was part of her opening process. Advisor mentioned as long as the following payments are made by SO, to be safe I withdrew my first payment and replaced it by SO.

Thanks for your reply, I spoke to tsb after 1st payment, advisor said wouldn't count for intrest as its gone in as FPI, so I hope my advisor was wrong with there info, that's why I'm concerned as its gone in again as FPI, I also asked if I took it back out and replaced it with a SO, advisor said I couldn't as already deposited and wouldn't count.

Do you think it would be wise to take the FPI payment out this month and send back in as a SO or just leave it there and set up a new SO for next month?

Gizmo70

c-101 wrote: »

Thanks for your reply, I spoke to tsb after 1st payment, advisor said wouldn't count for intrest as its gone in as FPI, so I hope my advisor was wrong with there info, that's why I'm concerned as its gone in again as FPI, I also asked if I took it back out and replaced it with a SO, advisor said I couldn't as already deposited and wouldn't count.

Do you think it would be wise to take the FPI payment out this month and send back in as a SO or just leave it there and set up a new SO for next month?

It may be worth double checking what the advisor told you as others have been told different (http://forums.moneysavingexpert.com/showpost.php?p=69275497&postcount=15)

Also for more ammunition when you speak to TSB, if you read the Faster Payments website (http://www.fasterpayments.org.uk/about-us/benefits-faster-payments) it describes that a Standing Order payment type can be made by the Faster Payments Service transfer method i.e. just because an SO is paid by FPS it doesn't stop it being an SO. In most cases, from 1st January 2012, payment service providers (e.g. banks) use the Faster Payments Service, rather than BACS, as their transfer method for Standing Orders to meet Regulation 70 of the The Payment Services Regulations 2009.

Hope that helps.