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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • eskbanker wrote: »
    Your question is completely unrelated to the topic of this thread and should be posted on the ISA board anyway!


    sorry dont know what happened not sure how to do this
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 6 September 2016 at 8:24PM
    Having swept all of >3% RSA that I could get I now start looking RSA paying 2% especially the one which have a flexibility and/or could allow a large sum up to £500. This is to drain the money from Santander 123 account which I consider it no more favorable if monthly fee is to be taken into consideration as well and not generated enough cashback.

    In the last few days I managed to open the open the following
    Buckingham BS 2% £250
    Leed BS RS i4 2.3% £250
    Halifax Regular Saver 2.0% £250
    BOS Regular Saver 2.0% £250
    Principality RS i17 2.0% £500

    I am considering open the
    Scotland BS
    and Lough borough.

    After draining all of the money from Santander 123, I will downgrade it to Santander123 lite or close the account.

    Any suggestion to generate a better interest rate ?
    Have I missed other better option RSA???
    Did I miss something ?
  • broju
    broju Posts: 46 Forumite
    Part of the Furniture 10 Posts
    'Having swiped all of >3% RSA that I could get I now start looking RSA paying 2%............................'


    Lloyds Monthly Saver 2% on £250pm
  • What an awesome and informative thread! Thanks everyone for contributions.
    By the way TSB offers 5% on the first £2,000 in your account. Their 5% cashback might sound interesting, but closer look proves it covers only the first £100 - which actually equals to £5 :)
  • schiff
    schiff Posts: 20,312 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Even opening every RS in sight, £40K is a lot to get rid of in a reasonable time frame.
  • eskbanker
    eskbanker Posts: 37,765 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Veils1 wrote: »
    What an awesome and informative thread! Thanks everyone for contributions.
    By the way TSB offers 5% on the first £2,000 in your account. Their 5% cashback might sound interesting, but closer look proves it covers only the first £100 - which actually equals to £5 :)
    This thread is specifically about regular savings accounts, so the 5% TSB Classic Plus is covered in a different awesome and informative thread, also maintained by Special_Saver2 (in response to this one getting cluttered by non-RS info), at https://forums.moneysavingexpert.com/discussion/5374614
  • rob37uk
    rob37uk Posts: 22 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    edited 6 September 2016 at 5:00PM
    Update for Page 1 :-

    Norwich and Peterborough BS Monthly Regular Saver now 1.75% w.e.f 02/09/2016. ( from their website)

    Scottish Building Society Regular Saver reducing from 2% to 1.3% from 4th October 2016. ( from their website)
  • castle96
    castle96 Posts: 2,995 Forumite
    Part of the Furniture 1,000 Posts
    Leeds say i can have iss1 ra 3.05 AND iss2 (2.05 i think). Both var.
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    sammybee wrote: »
    sorry dont know what happened not sure how to do this
    Click on the link that was helpfully provided (http://forums.moneysavingexpert.com/forumdisplay.php?f=18), click on 'New thread' and start all over again.
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    edited 6 September 2016 at 11:48PM
    My application for the Bucks BS Simple Regular Saver was posted on 31 August with second class stamp. I received passbook in the post yesterday (5 September), showing that account was opened on Friday 2 September. I must have got in just before it was pulled.

    Mine was opened on the 1st September, so like you must have got in right at the last minute, as its no longer available and was only because Adindas posted it, was opened quite quickly which was surprising. I have now also registered to log online so I can see the account and fund via standing orders and send the book in once a year.
    Still waiting for my Leeds book to come back though
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
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