Regular Savings Accounts: The Best Currently Available List!

Saver1980

Thanks ctdctd.

I'm looking at the Nationwide BS flexclusive regular saver. I'm just reading through it now and am i right in thinking that if i open a felxdirect account and transfer £1000 in per month then i can transfer to the saver and get the 5% interest?

typistretired

Yes you must pay in £1,000 from an external account each month to receive the 5% interest. I presume you intend to keep £2,500 in the account to receive the maximum interest. Upon opening a flexdirect current account you can set up a Flexclusive regular saver and and then move £500 into from your flexdirect current account. My husband and I have also a joint flexaccount which we keep for the travel insurance and each has a flexdirect current account and a flexclusive regular saver.

teddysmum

Saver1980 wrote: »

Thanks ctdctd.

I'm looking at the Nationwide BS flexclusive regular saver. I'm just reading through it now and am i right in thinking that if i open a felxdirect account and transfer £1000 in per month then i can transfer to the saver and get the 5% interest?

Do note that, unlike TSB and Lloyds, the regular saver is variable, so not a fixed 5%.

johnmoney05

Archi_Bald wrote: »

My experience with the Cambridge was slightly different, even though I probably spoke with the same chap as badger09. He tried to fob me off saying the account can't be opened on the phone because it would create a backlog and people weren't sending their signed forms back blah blah. Only the request to file a complaint made him change his mind. He then proceeded to read out the entire FSCS information, which took at least 10 minutes. After taking all my details, he then said he needed to ring me back with the result of the application. Which he did, half an hour later. The paperwork arrived promptly the next day, and has been sent back.

I never thought I'd go through all that hassle for a 3% regular saver. We live in strange times.

It must be the same chap answered my call! Well, rather than arguing with him, I just told him I diy! Bye!

Jimmithecat

I went into the branch at Histon on Monday and opened mine - really friendly and efficient - ive just called up for the access code for online banking - again absolutely flawless service:T

Special_Saver2

Hi Everybody,

I have completed this weekend's update for the first page of this thread.

- Progressive BS Clockwork Regular Saver interest rate dropped to 2.2% from 1st July as anticipated (updated in post 2)
- Penrith BS Regular Saver 300 account withdrawn (was paying 3% on £300 per month for 3 years with 3 penalty-free withdrawals per year) and replaced with Regular Saver 200 account (paying 2% on £200 per month for 2 years, with 2 penalty-free withdrawals per year) updated in post 3
- Nottingham BS Robin Hood Young Saver issue 4 paying 3% replaced with issue 5 paying 2.75%, updated in post 3
- Newcastle BS Big Little Saver interest rate dropped from 2.49% to 2.12% AER (be careful - even though the advertised interest rate in huge font says 2.49%, when you scroll down to the interest rate section, it says 2.12% AER from 8th July 2016)
- Darlington BS Junior High Days and Holidays Bonus Saver account paying 2.25% on £150 per month until 16th birthday now has a limit of £15,000 (updated in post 3)
- Dudley BS One Year Regular Saver issue 3 paying 2.5% replaced with issue 4 paying 1.5%, which is not good enough to meet the criteria in post 1 for inclusion on my list so removed from post 4
- Scottish BS Regular Saver interest rate dropped from 2.2% to 2% (updated in post 4)
- Principality BS Regular Saver Bond now issue 17 (same 2% interest rate, matures 1 year after opening, I cannot see anything that has changed since previous issues and I presume they just launch a new issue when they want to raise more funds)
- Fixed several broken web links

I will do another update the weekend after next.

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

patientperson

Barnsley is fully re-branded as Yorkshire BS from Monday 18th July.

Barnsley branches at Cudsworth, Doncaster (St Sepulchre Gate), Mexborough, Rotherham, Wakefield(48 Kirkgate) and Wombwell all close on Friday 15th July.

The Regular Saver account is then an account of the Yorkshire BS.

Barnsley BS is mentioned in the section 'Matures after 12 months'.

DragonQ

Shame the TSB regular saver rate has dropped from 5% to 2%. The only other decent rate account I can access is HSBC's 6% one but I'd need to upgrade my basic HSBC account to an Advance one and last time I applied for that I was rejected. >_>

I already have Club Lloyds, Nationwide Flexclusive, First Direct, M&S, and Halifax HTB ISA.

Kim_13

DragonQ wrote: »

Shame the TSB regular saver rate has dropped from 5% to 2%. The only other decent rate account I can access is HSBC's 6% one but I'd need to upgrade my basic HSBC account to an Advance one and last time I applied for that I was rejected. >_>

I already have Club Lloyds, Nationwide Flexclusive, First Direct, M&S, and Halifax HTB ISA.

Have you tried going for their standard current account? They may be less picky for that and it would get you a 4% Regular Saver.

karlie88

The Nottingham Building Society will be decreasing their Regular Saver interest rate from 3.1% to 2% from 18th July.

https://www.thenottingham.com/savings/useful-tools/rate-checker/

Select the 2nd Regular Saver from the drop-down menu to see the upcoming change.