Regular Savings Accounts: The Best Currently Available List!

Ed-1

Andystriker wrote: »

I have been into the branch to open one of these today.

I asked the question about an account balance limit and the adviser said that there was no limit with this account. He gave me the branch leaflet and it does not mention a limit, just that you can save up to £250 per month and that you get a statement every year!

It's another example of sloppy copy and pasting of templates for other accounts on Nottingham BS's website. They do very good deals on regular savers (with some very innovative account names) but they're known to be sloppy with the details on their website. In this case it looks like they've copied the page for the Go for Gold reg saver and forgot to edit the £4,000 limit out. They also still mention deducting 20% tax from interest on most pages. The Regular Saver issue 2, as with the issue 1 has no balance limit.

bristolleedsfan

Letter from Penrith B.S arrived today -

Rate reduction to 2.5% from 1 September

karlie88

bristolleedsfan wrote: »

Letter from Penrith B.S arrived today -

Rate reduction to 2.5% from 1 September

They've also updated their rates on their website:

http://www.penrithbuildingsociety.co.uk/workspace/pdfs/rates-for-website-aug.sept-16-final.pdf

Regular Saver 200 also going down to 1.75%.

mel48rose

Andystriker wrote: »

I have been into the branch to open one of these today.

I asked the question about an account balance limit and the adviser said that there was no limit with this account. He gave me the branch leaflet and it does not mention a limit, just that you can save up to £250 per month and that you get a statement every year!

I have a branch nearby. Might open one this looks ok to me :T

veryintrigued

bristolleedsfan wrote: »

Letter from Penrith B.S arrived today -

Rate reduction to 2.5% from 1 September

Thanks for the heads-up

Nationwide8

Has anyone recently opened a Santander RD over the phone ? Read some horror stories a few months ago of interrogations and how long it took !! Wondering if a trip to a branch is the easiest option..

alternate

I remember it taking a while. 30 minutes on hold and another 15 or so as the person read out every line of the T&C. No interrogation or hard sell though.

Special_Saver2

Hi Everybody,

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

- Nottingham BS Regular Saver Issue 2 (post 2) text updated with information from posts above from Andystriker and Ed-1 that the account balance limit of £4,000 on the website is incorrect (there is no limit)
- Penrith BS 200 account interest rate info added as per post above from karlie88

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

karlie88

Cambridge Building Society have updated their website to state that their Regular Saver can only be opened in branch and by post now.

badger09

karlie88 wrote: »

Cambridge Building Society have updated their website to state that their Regular Saver can only be opened in branch and by post now.

Luckily, I got in early last month, thanks to the heads up from bristolleedsfan:T