Regular Savings Accounts: The Best Currently Available List!

Dagobert

Norwich and Peterborough BS Monthly Regular Saver Account can only be opened in branch (no longer via the phone).

adindas

Any other success story opening the second Santander Monthly Saver ???

I just tried a few minutes ago, we can not apply online. Either in branch or on the phone. Is there any documentation clearly show (no ambiguity) that we can have another regular saver of different issue. I think this could be used to challenge them when they reject to open it using their own documentation. ....

[Deleted User]

Has anyone else tried to open the new Santander Regular eSaver (Issue 2) while still holding the original issue?

Post#4093 from Kazza242 states that s/he has done it; posts #4096 and #4097 say they have been refused.

Edited to add: it seems almost certain that base rate will fall tomorrow, so I'm trying to place as much cash as possible earning 3% plus. A second Santander Reg eSaver earning 3% would be useful when Sanrander 123 falls to 2%.

MARTYM8`

Lolly88 wrote: »

That thread is about the current account not the regular esaver.

Thanks for the heads up interest ted.

The number of regular saver accounts where i can drip feed my money into is dwindling. If first direct and M&S reduce their rates too I don't know what I'll do.

These current account offers are really loss leaders to attract more business e.g. credit cards, mortgages, loans, insurance etc. I am not sure why a rate cut from 0.5% to 0.25% should make that much difference - the most interest you can get on these regular savers is about £100 a year. They would take that off you in a few days on a typical mortgage.

steve65e

Dagobert wrote: »

Norwich and Peterborough BS Monthly Regular Saver Account can only be opened in branch (no longer via the phone).

You can also open the same account in branches of their Yorkshire & Chelsea brands.

I opened one today and was told that they were unlikely to be reducing the rate, so maybe a good home for up to 12k if you need one.

adindas

Kazza242 applied in the evening and got approved. I remember that Santander account opening team are changing in the evening, might be changing the call center ?? We could recognize it from their voice and accent.

I wonder those who got rejected did you apply in the morning/afternoon or evening ?? Have anyone tried to apply in the evening who could share their experience ??

Kazza242 wrote: »

I can confirm that holders of the Santander Regular eSaver (issue 1) can apply for the Regular eSaver (issue 2). They are completely separate accounts.

I am an existing Regular eSaver (issue 1) customer and I successfully applied for issue 2 this evening. The account is now open.

They are actually listed as 'Regular eSaver (issue 1)' and 'Regular eSaver (issue 2)' on online banking.

The terms and conditions refers to "Maximum one account per customer in sole name only" but this only applies to the specific issue you are opening.

mgarl10024

adindas wrote: »

I wonder those who got rejected did you apply in the morning/afternoon or evening ??

I phoned the Santander Select team at about midday and spoke to someone with a strong irish accent.

castle96

"y Posted by Kazza242
I can confirm that holders of the Santander Regular eSaver (issue 1) can apply for the Regular eSaver (issue 2). They are completely separate accounts.

I am an existing Regular eSaver (issue 1) customer and I successfully applied for issue 2 this evening. The account is now open.

They are actually listed as 'Regular eSaver (issue 1)' and 'Regular eSaver (issue 2)' on online banking.

The terms and conditions refers to "Maximum one account per customer in sole name only" but this only applies to the specific issue you are opening."

?? I have a Issue 1 but can find no reference to an Issue 2. Can I just apply online for another Saver and they will class it as issue 2 ?

Vortigern

castle96 wrote: »

I have a Issue 1 but can find no reference to an Issue 2. Can I just apply online for another Saver and they will class it as issue 2 ?

I don't believe it's possible to apply online for the Santander Monthly Saver. All the posts above refer to opening by phone. Only one person has reported success in opening a second account.

B_G_B

Just called the Santander account opening number on the web site. Call answered by a lady in Leicester. She said that I could not open an issue 2 Regular e-saver as I already have an issue 1 running. Never mind. Worth a try.