Regular Savings Accounts: The Best Currently Available List!

Newly_retired

Ah, yes, of course. Thanks.

Newly_retired

Do I need to set up a SO myself, or is this automatically set up based on the date of my first payment?

Speculator

My wife recently opened a Santander regular but she is an Everyday current a/c holder so stuck on 2.5%.

Simply opening a 123 lite won't qualify her for the 5% because "To be eligible for the higher interest rate you must be a 1I2I3 World or a Santander Select customer at point of opening"



She is still within the 14 day cancellation period for the regular saver so my question is, if she cancels tomorrow, then open a 123 lite current, will they let her open another issue 4 regular esaver?

Ed-1

Speculator wrote: »

My wife recently opened a Santander regular but she is an Everyday current a/c holder so stuck on 2.5%.

Simply opening a 123 lite won't qualify her for the 5% because "To be eligible for the higher interest rate you must be a 1I2I3 World or a Santander Select customer at point of opening"



She is still within the 14 day cancellation period for the regular saver so my question is, if she cancels tomorrow, then open a 123 lite current, will they let her open another issue 4 regular esaver?

Yes, she could upgrade the Everyday to 123 Lite, close the eReg Saver and open a new one on the higher rate.

Wheres_My_Cashback

schiff wrote: »

I wonder if this could be useful?

Online Accounts:

Regular E-Saver, matures 20/10/17
Regular E-Saver Issue 2, matures 20/12/17
Regular E-Saver Issue 3, matures 20/2/18
Matchday Regular E-Saver, matures 20/3/18
Regular E-Saver Issue 4, matures 20/4/18

The first four credited interest on 11/3/17 and will pay out interest at maturity.

Store based Accounts:

Regular Saver, matures 1/12/17, interest credited on 31/10/17 and at maturity.
Regular Saver 2, matures 1/2/18, interest credited on 31/10/17 and at maturity.
Matchday Saver Issue 1, matures 1/3/18.
Regular Saver 3, matures 1/4/18.

I find the whole business of Virgin Regular Savers requires intense concentration, with the proliferation of them, very similar names and some being Store based and the rest online.

Got in a mess today setting up standing orders for the latest one twice, which I've now undone of course. But I drew up the above schedule with my own additions to make sure I know what I'm doing in the future. And thought it could be helpful for others.

Fingers crossed!

Nice work Schiff, putting it all in one place.

Nice work to SS2 as well for keeping this thread up to date, relevant and of interest ;-)

Nice work to all the contibutors who also help me to make the most of what i have.

I doff my hat to you all !

schiff

Had a good experience at the Manchester Store opening the last two store based accounts. I got an appointment at 14.45, it would take an hour I was told with opening two accounts. I had finished the rest of my business in town by 13.15 and I was effectively kicking my heels and it was raining!

So I popped in to ask if there had been any cancellations and the girl said no, so I left. I was just outside in the street when the other MOS at the counter came running out and hailed me, I can do it for you he said, I've got time! Maybe he was bored as there was nobody else in the place other than me.

He was a gem, he immediately confirmed we needn't bother with ID and the usual recital about the compensation scheme etc, as I had produced my two earlier passbooks (which he brought up to date for me) and I was out in little over fifteen minutes.

Nine down, any more to go?

Westie983

schiff wrote: »

Had a good experience at the Manchester Store opening the last two store based accounts. I got an appointment at 14.45, it would take an hour I was told with opening two accounts. I had finished the rest of my business in town by 13.15 and I was effectively kicking my heels and it was raining!

So I popped in to ask if there had been any cancellations and the girl said no, so I left. I was just outside in the street when the other MOS at the counter came running out and hailed me, I can do it for you he said, I've got time! Maybe he was bored as there was nobody else in the place other than me.

He was a gem, he immediately confirmed we needn't bother with ID and the usual recital about the compensation scheme etc, as I had produced my two earlier passbooks (which he brought up to date for me) and I was out in little over fifteen minutes.

Nine down, any more to go?

interesting, I didn't have to hear the spiel about the compensation, and the product T&C's, but I did have to produce my ID, as it was a new product...

Funny how things work in other branches.

purplemusky

I have the TSB classic account and also the monthly saver which has matured. I've opened the nationwide flexdirect account and moved my money from the monthly saver into this.

Does the interest rate continue on the TSB classic account as I transfer money between this account and my Tesco account. I know I need to pay in a 1,000 a month into the nationwide therefore am I best closing the TSB acccont and transferring between the Tesco and nationwide?

Thanks

Jo_Blogs

gt94sss2 wrote: »

Dear gt94sss2

Your Regular eSaver interest rate increase to 5.00% AER/Gross (variable)

As you’re a 1|2|3 World or Santander Select customer we’re pleased to let you know that from 3 April 2017 we’re increasing the rate on your Regular eSaver (Issue 4) to 5.00% AER/Gross (variable).
Please see the table below for more details.

[FONT=&quot]
[/FONT]

[FONT=&quot] Regular eSaver for 1|2|3 World or Santander Select customers[/FONT]
[FONT=&quot]Interest rate AER / Gross (variable)[/FONT][FONT=&quot] up to and including 2 April 2017[/FONT][FONT=&quot][FONT=&quot]
[/FONT][/FONT][FONT=&quot][FONT=&quot]3.00%[/FONT][/FONT]

[FONT=&quot]Regular eSaver for 1|2|3 World or Santander Select customers[/FONT]
[FONT=&quot]Interest rate AER / Gross (variable)[/FONT][FONT=&quot] effective from 3 April 2017[/FONT]

[FONT=&quot]5.00%[/FONT]

[FONT=&quot]
[/FONT]

As an additional note: If anyone has an Issue 2 or 3 (variable), there has, so far, been no correspondance at / or from Santander to say that either of these issue will also see an increase in interest rate to 5%. They are presently holding @ 2.50 (non-123) & 3% (123), respectively.

Jo_Blogs

Newly_retired wrote: »

Do I need to set up a SO myself, or is this automatically set up based on the date of my first payment?

It should be automatically set-up for the same date in each proceeding month from your initial payment .