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Regular Savings Accounts: The Best Currently Available List!
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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
For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=10 -
Cambridge Building Society have updated their website to state that their Regular Saver can only be opened in branch and by post now.:grouphug:
Official MSE canny forumite and HUKD VIP badge member
:grouphug:0 -
Luckily, I got in early last month, thanks to the heads up from bristolleedsfan:T
You can still open this by post – so it remains available nationally for now.
https://www.cambridgebs.co.uk/savings/bonds/cambridge-regular-saver
Not exactly a regular saver but Mansfield BS are reducing the rate on their regular saver 1st issue legacy account from 3.1% to 2.25% on 22 August. They stopped people paying into the issue 1 account a couple of years ago but allowed people to keep their accumulated balances via an instant access account paying 3.1%. That rate is now being cut to 2.25%. Nice while it lasted – unlike some societies that close these accounts entirely.
They still have a regular saver issue 4 paying 2.5% (including a 1% bonus for the first 12 months) for locals (residents of Notts/Derbsyshire and South Yorkshire) and existing members.
http://mansfieldbs.co.uk/savings/regular-savings-4th-issue0 -
Santander website now shows the regular esaver as THREE percent (was 5%). Not seen mentioned anywhere else... (yet !)
Ted0 -
interest_Ted wrote: »Santander website now shows the regular esaver as THREE percent (was 5%). Not seen mentioned anywhere else... (yet !)
Ted
I'm not sure I could be bothered to go through that painful application process for 3%!0 -
Although the Santander website shows the rate as variable, they are marketing the 3% account as issue 2. So presumably those with issue 1 will remain at 5%, at least for the moment, and hopefully for the whole of their first 12 months.
Ted0 -
interest_Ted wrote: »Although the Santander website shows the rate as variable, they are marketing the 3% account as issue 2. So presumably those with issue 1 will remain at 5%, at least for the moment, and hopefully for the whole of their first 12 months.
Ted
Which raises the interesting question as to whether you can have one Issue 1 and one Issue 2 at the same time?0 -
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mgarl10024 wrote: »Which raises the interesting question as to whether you can have one Issue 1 and one Issue 2 at the same time?
Limited to one "Regular eSaver” per customer.
Full details page.
http://www.santander.co.uk/uk/savings/regular-esaver0
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