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Regular Savings Accounts: The Best Currently Available List!

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  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    In the current interest rate environment, the Holmesdale Building Society's RS product (2.00% variable, max £250 per month, 12 months) now looks OK and currently seems to be open to all UK residents. There's been almost no mention of it on this forum. Please could anyone with this account kindly offer any feedback on it?

    As this RSA is fixed term and no penalty free withdrawal, if you have a lump sum, you will be better off to put your money in one year 2% fixed rate at atom bank, available here
    https://www.atombank.co.uk/

    It could take up to £100,000 @ 2% one year fixed rate.
  • adindas wrote: »
    As this RSA is fixed term and no penalty free withdrawal, if you have a lump sum, you will be better off to put your money in one year 2% fixed rate at atom bank, available here
    https://www.atombank.co.uk/

    It could take up to £100,000 @ 2% one year fixed rate.


    https://www.atombank.co.uk/fixed-saver

    "Our Fixed Saver is currently open to those who registered with us before 16th September. We’ll be opening our doors up to everyone very soon, so sign up and we’ll let you know when you can get hold of our competitive rates"
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    https://www.atombank.co.uk/fixed-saver

    "Our Fixed Saver is currently open to those who registered with us before 16th September. We’ll be opening our doors up to everyone very soon, so sign up and we’ll let you know when you can get hold of our competitive rates"

    I just called them about two hours ago. They said you will need to register first and it might take about 2-3 days before you receive the invitation. The same process with the one who have registered previously.

    There are currently sorting out the people who have registered previously. Just be aware no web access at the moment just via Apps on IOS, Android or Windows apps so if this is no your cuppa then this account is not suitable for youi.
  • We have a TSB Classic Plus joint account and I have just opened up one in my name. Can I transfer the £500 from the joint account to my one or does it have to come from another bank?
    Mortgage Free in 3-T2 : Started at £151,000 Nov. 2009 Mortgage Free Oct 1st 2015 :)
  • adindas wrote: »
    I know SportsAid Regular Save is a branch application.

    Just wonder if anyone has tried to open it by post by downloading the application form, completed and send together with cheque and it is accepted ??

    It was only launched today so doubt anyone has had chance.....but previous Notts RS have been listed on the front page on this thread and annoated with something along the lines of 'several forumites have reported postal applications to branches being rejected'.

    I'd therefore suggest its a waste of a stamp.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We have a TSB Classic Plus joint account and I have just opened up one in my name. Can I transfer the £500 from the joint account to my one or does it have to come from another bank?

    You could do it from one of your TSB account.
  • I've just noticed that Leeds Reg Saver issue 4 has a max limit of £6k to get the best interest rate.

    Can anyone remember if Issue 3 had a similar T&C?
  • apt
    apt Posts: 3,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No, the only limit for issue 3 is £250 per month, but Leeds has closed regular savers in the past even though there was no limit in the T&Cs.
  • Hi,

    I have a few regular savers coming to their 12 month maturity shortly - HSBC/M+S/FD 6%
    After the 12 months is up + the money is in a different lower savings account, is it then ok to open another 6% 12 month saver with the same bank?
    Just trying to decide what to do next

    Thanks

    Craig
  • schiff
    schiff Posts: 20,312 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi,

    I have a few regular savers coming to their 12 month maturity shortly - HSBC/M+S/FD 6%
    After the 12 months is up + the money is in a different lower savings account, is it then ok to open another 6% 12 month saver with the same bank?
    Just trying to decide what to do next

    Thanks

    Craig

    You need to see if it's available first!
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