Regular Savings Accounts: The Best Currently Available List!

glider3560

adindas wrote: »

I still have N&P Regular E-saver paying 0.25% + 1.50 bonus. It is current under utilized with only £1 a month going each month to keep it alive. I might be using it in the future.

I understand that N&P brand will disappear.

What happen with my N&P RSA after take over by Yorkshire BS, could I still operate it or it will need to be closed ?

Any info will be very much appreciated

The only accounts that will close are current accounts. The letter (received today) stated that savings accounts would become YBS accounts.

The plans are only plans at the moment, they have not been confirmed.

Jo_Blogs

xylophone wrote: »

The OP is an existing current account customer whose Regular Saver has just matured.

Would he really have to switch another account to gain access to a new regular saver?

Or lose the opportunity to open a new RS if the switching condition did not apply when he became a current account holder?

http://bank.marksandspencer.com/save-invest/monthly-saver/

Exclusive access to our high rate monthly savings account for existing and new M&S current account customers.

I think I'd ring M&S to check.

My M&S RS is about to mature and I have rung and asked M&S this week. The conditions are as follows:

Eligibility:
To be eligible you must:
- be a current account customer
- have switched to M&S Bank using the Current Account Switch Service
- have two active Direct Debits

http://bank.marksandspencer.com/pdf/CPSaverSummaryBox.pdf

gallygirl

Does anyone know what M&S do with matured regular savers? Mine has just matured and I've logged on to see it has completely disappeared with no sign of the money :eek:. It's not in the current account and no paltry savings account has appeared. I've sent them a message and hope it's not in the T&C's that if you don't do something within x days they can take the money for their staff Xmas party or something .

ETA I won't be opening another as don't meet the criteria.

trix-a-belle

gallygirl wrote: »

Does anyone know what M&S do with matured regular savers? Mine has just matured and I've logged on to see it has completely disappeared with no sign of the money :eek:. It's not in the current account and no paltry savings account has appeared. I've sent them a message and hope it's not in the T&C's that if you don't do something within x days they can take the money for their staff Xmas party or something .

ETA I won't be opening another as don't meet the criteria.

If you read the key facts sheet available from the product info page is says it will appear in your current account balance if you don't hold an everyday savings account (if you do it gets transferred to that) but if I recall it takes a day so should appear tomorrow if not call them, I certainly didn't give any instruction prior to account maturity

adindas

gallygirl wrote: »

Does anyone know what M&S do with matured regular savers? Mine has just matured and I've logged on to see it has completely disappeared with no sign of the money :eek:. It's not in the current account and no paltry savings account has appeared. I've sent them a message and hope it's not in the T&C's that if you don't do something within x days they can take the money for their staff Xmas party or something .

ETA I won't be opening another as don't meet the criteria.

Check your current account after 1-2 days it will appear on your current account. That is the case that I have experienced it by myself.

I remember they mention it somewhere on their site (Faq ?).

info_addict

My Monthly Saver matured yesterday and upon login it had disappeared and nothing showing in my current account. However there it was today.

Rang about opening a new Monthly Saver and that's 20 minutes of my life I won't get back again.:)

You MUST to have switched to them and MUST have 2 active direct debits. I had set up my DD's from Tesco for the 4th of each month, so as that's over the weekend it shows as the 6th. But they could see them pending and opened a new account with the £250 I had left in my current account from the maturing balance.

So many questions about annual/monthly salary and outgoings which i queried, but still had to answer??

Felt sorry for the poor chap having to read all the terms and conditions and obviously thought I was listening.

gallygirl

info_addict wrote: »

Rang about opening a new Monthly Saver and that's 20 minutes of my life I won't get back again.:)

My feelings exactly, I remember it well from last year :rotfl:. Sounds like the money should appear tomorrow or Monday, thanks all.

I won't tell you about the shambles we've had with our NW Regular Savers - trust me, that would take much more than 20 minutes out of your life .

Rheumatoid

gallygirl wrote: »

My feelings exactly, I remember it well from last year :rotfl:. Sounds like the money should appear tomorrow or Monday, thanks all.

I won't tell you about the shambles we've had with our NW Regular Savers - trust me, that would take much more than 20 minutes out of your life .

Can't be worse than the Santander one last year. It really seemed like they didn't want to give it to me!

bigadaj

Rheumatoid wrote: »

Can't be worse than the Santander one last year. It really seemed like they didn't want to give it to me!

Interestingly I got a call from my Santander branch last week. Regular saver maturing and did I want to make a new appointment, though the 5% is reducing to 3% of course.

Would be rude not to, presume they are some form of marketing trip, but will meet them on Saturday morning mid March and hopefully get an extra few quid for another year.

liamcov

Westie983 wrote: »

Today I opened issue 2 of the Virgin Money Branch Regular Saver, thanks for the heads up, while I was there was told there was now a issue 3 of the E Regular Saver so this was opened at the same time, in the same interview using their IPADs.

Now I have three issues of the online versions and both branch based, which will take the funds I used to put in Leeds BS, and maturing Santander Regular Saver next month (Unless they issue a replacement offer higher then 2.25%) Need to work out if its still work using Bucks now the rate has dropped to 1.75%

Maturing regular saver each month now with two Virgin ones maturing February 2018 :-)

I think I may have a regular saver addiction.

I now have 15, which is just as well due to the current account balances being reduced, now it just a drip feed game, and from maturing funds.

EDIT** Does anyone have the Key Product Information for the E Regular Saver Issue 1, its the only one that failed to save on my computer.

I just thought wow 15! Then when I opened the new Virgin I counted and have a matching 15 too! They are too easy to open and forget about!

A question - the Nationwide Flexclusive, if opened on 3rd, do all payments have to be on 3rd or can I do on 1st when most of my others go in?