Regular Savings Accounts: The Best Currently Available List!

badger09

colsten wrote: »

What is Santander never raise the rate to 5%? Have you already filled a 5% ones in the other places?

?

Santander Regular eSaver issue 4 rate is increasing from 3% to 5% for 123 customers, from 3rd April, which I think is what OP is discussing.

Zanderman

zermattbusby wrote: »

Is it OK to open an eSaver now or am I best waiting for the rate to rise to 5% before doing so? Thanks

Speculator wrote: »

It should be okay now but I am waiting til after midnight to open my wife's a/c.

I opened one this evening and it's showing as 5% already, SO won't pay-in until tomorrow at the earliest so will be on or after 3rd April, which presumably explains the rate being 5% already.

Special_Saver2

Hi Everybody,

Here is this weekend's update.

- Note placed in entry for the Santander Regular eSaver (issue 4) indicating the interest rate will rise to 5% from tomorrow according to many MSE forum users in post 7

Many thanks to all the forum users who to continue to make useful posts on this thread with helpful information.

I will do another update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...=608697&page=1

Ed-1

Zanderman wrote: »

I opened one this evening and it's showing as 5% already, SO won't pay-in until tomorrow at the earliest so will be on or after 3rd April, which presumably explains the rate being 5% already.

Santander's systems update at around 8:17pm and rolls over to the next day (including Saturdays but excluding Sundays) which means anything done after then on a given day counts as being done on the next day (including for interest for that day).

Nationwide8

My Regular esaver Issue 4 still showing as 2.5%,no reply to my SC yet.Will ring later ...although I suspect if Martin is on TV today getting through might not be easy.

brewerdave

Santander won't let me open the Issue 4 until my previous reg. saver ( issue 1)matures on 13th April, even tho' I've made the 12 monthly deposits!

grumbler

Why the exclamation mark? Any other bank allowing you to have more than one regular saving accounts with enhanced rate?
Yes, you made the last deposit - and you are earning the high rate on it, as well as on the previous ones.

ColdIron

My Issue 4 showing 5% online, ta very much Santander

brewerdave

grumbler wrote: »

Why the exclamation mark? Any other bank allowing you to have more than one regular saving accounts with enhanced rate?
Yes, you made the last deposit - and you are earning the high rate on it, as well as on the previous ones.

...because they will graciously allow me to continue paying into the previous regular saver (if I am stupid enough to do so) even tho' it will only earn 0.1% after April 13th - can't see why I can't open a new reg. saver now with a deposit date after the 13th -the last one was opened on 13th(presumably) altho' the first deposit wasn't made until 18th.

colsten

brewerdave wrote: »

Santander won't let me open the Issue 4 until my previous reg. saver ( issue 1)matures on 13th April, even tho' I've made the 12 monthly deposits!

Where in the T&Cs does it state you will be allowed to open another reg esaver once you have made 12 deposits?