Regular Savings Accounts: The Best Currently Available List!

schiff

surreysaver wrote: »

I'm perfectly willing to take people's word for it on here, but I have specifically looked for a clause, and I cannot even see one about 1 account. And the fact I can go through to the application process from my Online Banking whilst logged on, and not until I click 'Apply' at the end of the application process it tells me I'm not eligible.

You didn't by any chance try to open multiple Ford Money Regular Saver accounts, did you? Something else to get your teeth into

surreysaver

schiff wrote: »

You didn't by any chance try to open multiple Ford Money Regular Saver accounts, did you? Something else to get your teeth into

No, I've only just started looking at savings accounts again while I've got some spare time whilst I'm off sick. Are you trying to suggest to me that Ford should have stuck with making cars, then?

schiff

surreysaver wrote: »

No, I've only just started looking at savings accounts again while I've got some spare time whilst I'm off sick. Are you trying to suggest to me that Ford should have stuck with making cars, then?

No, it's just that there is endless capacity on MSE to object to what seem unfair terms and discuss them ad nauseam. Usually the obvious common sense answer wins the day and even then folk don't like it and keep battering away.

mgarl10024

EachPenny wrote: »

If banks took as much care writing savings T&C's as they seem to do with credit card T&C's then we'd all have much easier lives.

Don't count on it.
I took Halifax to the Ombudsman after they blatantly breached their CC T&Cs and admitted that the policy they operate is different to that in the terms (and so they would breach them again in the future). However, because Halifax offered compensation, I was 'put back into the position I should be' and the FOS were disinterested/unable to protect other customers. I referred it to the FCA who wont respond individually and nothing changed.

So, in short, I'm not sure the T&Cs are worth much unless you're prepared to go to Court.

alternate

bum, I only just noticed that the Ford RS are "anniversary month" not calendar.

I sent June's payment yesterday - will it just bounce back automatically or is going to end up in limbo?

thx

EachPenny

alternate wrote: »

bum, I only just noticed that the Ford RS are "anniversary month" not calendar.

I sent June's payment yesterday - will it just bounce back automatically or is going to end up in limbo

Is that the ISA or non-ISA version?

If it isn't allowed then you should get the money back into your nominated account. If you don't get it back and it stays in the Ford account then it must be allowed - can you let people know what happens please

As isasmurf helpfully adds below, can you do that on the other thread. Thanks.

isasmurf

Can we keep the pernickety discussion on the Ford Money T+C to the Ford Money thread, so those of not interested in looking for loopholes to squeeze every last penny out of them can have a choice whether to read it and leave this thread for notifying of new regular savers.

mgarl10024

Hi Special_Saver2,

I think there might be a small mistake with the below:

Cambridge BS Regular Saver (Issue 5)
Interest rate: 2% gross p.a. fixed
Monthly payment: £0-£300
Miss any payments: Yes, miss as many as you like, no penalties
Penalty-free withdrawals: No withdrawals but the account can be closed early with a 90 day interest penalty
Age of applicant: Not specified
How to open account: Branch only

https://www.cambridgebs.co.uk/savings/bonds/cambridge-regular-saver

You can open and manage your account at any of our local branches, by phone or via post.

Keep up the good work!

andy_s_1986

Hi all, Am I right in thinking you can change the date on Lloyds reg saver? I'm sure on one reg saver (I cant remember which bank) you have to wait a month before your allowed was this Lloyds? Thanks

badger09

andy_s_1986 wrote: »

Hi all, Am I right in thinking you can change the date on Lloyds reg saver? I'm sure on one reg saver (I cant remember which bank) you have to wait a month before your allowed was this Lloyds? Thanks

If you mean can you change the date of your SO into the Club Lloyds Monthly Saver, then yes, you can.

First Direct, HSBC, Santander, and others use a set date, based on the opening/funding date.