Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Folks,

I cannot find anything that has changed for this weekend's update.

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

Westie983

ctdctd wrote: »

Yes, but I can't attach it as a file. Here is what it says but the formatting will probably break!

Summary Box Key Product Information for our Savings Account(s) Account Name Regular Saver (Issue 4)
Interest rates (AERs)
Annual Interest 0.50% Gross*p.a./AER# (variable) excluding 1.80% conditional bonus 2.30% Gross*p.a./AER# (variable) including 1.80% conditional bonus
Tax Status
Interest will be paid gross, without the deduction of income tax. Payment of gross interest does not mean that interest you receive is exempt from tax. It is your responsibility to advise the appropriate tax authorities of any interest received.
Conditions for bonus payment
1.80% bonus payable annually on 31 August (commencing 31 August 2017) provided:  you make only one single payment of between £50 and £250 each month;  your account balance does not exceed £6,000 (excluding accrued interest); and  you only make one withdrawal per bonus period. The bonus period runs from 1 September to 31 August each year.
Withdrawal arrangements
Access is limited to one withdrawal of your capital investment during the bonus period, without notice or loss of interest subject to the minimum operating balance of £50 being maintained. If further withdrawals are required you will not qualify for a bonus in respect of that period.
Access
This account can be opened through any of our branches, via our website or by post and can be operated through any of our branches or by post. *

Thanks :-0)

mhoc

Regarding

Principality BS Regular Saver Bond (Issue 17)

Mine matures next month, fingers crossed its still on the list of available accounts when I get to the correct date. And that the interest rate has not dropped.

I noticed on the list of conditions a maximum holding of £6000. Possibly this £6000 maximum holding needs a mention on the reference page at the top of the thread?

I need to check that my standing order had a final date on it and if not cancel it as it - my regular savings standing orders all go (if possible) through on the 1st of the month just for ease.

Westie983

How bizzzare,

I Just rang up Virgin to open their next store regular saver and the guy who answered the phone, asked what I was wanting to open and I said the regular saver whatever issue you are now on, and he said is the Miss Westie983!!! I replied yes, he said I thought I recognised your voice!!!

Now I know I have opened a few virgin accounts in the past but for the manager of the branch to remember my name and my voice especially after seeing loads of customers is quite strange.

Wonder if I will get more chocolates!

Westie983

eskbanker

Westie983 wrote: »

How bizzzare,

I Just rang up Virgin to open their next store regular saver and the guy who answered the phone, asked what I was wanting to open and I said the regular saver whatever issue you are now on, and he said is the Miss Westie983!!! I replied yes, he said I thought I recognised your voice!!!

Now I know I have opened a few virgin accounts in the past but for the manager of the branch to remember my name and my voice especially after seeing loads of customers is quite strange.

Wonder if I will get more chocolates!

Westie983

If you were phoning from the number they have on record for you, isn't it more likely that they'll be using CTI (Computer Telephony Integration) to bring your details up on screen directly linked from the phone number? Even my local Chinese takeaway/delivery and taxi firms know my address as soon as they answer....

mgarl10024

eskbanker wrote: »

If you were phoning from the number they have on record for you, isn't it more likely that they'll be using CTI (Computer Telephony Integration) to bring your details up on screen directly linked from the phone number? Even my local Chinese takeaway/delivery and taxi firms know my address as soon as they answer....

Aw. Let her have her moment.

schiff

I was offered Voice Recognition recently when I phoned, no need to give ID etc, I think it may have been HSBC. I declined but found it interesting.

Some months ago I was talking to a friend about Rita Streich, an opera singer, with my phone in my hand. The same day I had an offer by e-mail for a box set of her CDs. She is not widely known and isn't a current performer. I found it spooky but nothing surprises me these days about retailers stimulating purchases by any means possible.

(Beautiful voice btw if you're interested )

(not mine btw lol)

schiff

I think I may have the definitive answer to the Nationwide conundrum.

I went to a branch today to try and get more official information about keeping the 5% going on the FlexDirect account by some means or other, as discussed and achieved by other posters. Only to find out that the branches have been circulated by internal memo dated in the middle of June 2017, clearly aimed at deterring the switch to FlexAccount and back again. I was able to read it and it is very clear.

And there's a hint of another whammy at the end. Nationwide are continuing to play with the idea of stopping the second bite at the 5% cherry on the FlexDirect account, even when 12 months has passed. On the grounds that it is/has been an introductory offer and not intended as a vehicle for savings.

So, for me in September, it's moving from £8500 at 5% to a nominal sum at 1% and the laboured process of building on £250 per month at 5% all over again.

Almost as disappointing as the Santander dip from 3% to 1.5%.

I didn't ask about joint accounts as that is not an option available to me.

[Deleted User]

schiff wrote: »

I was offered Voice Recognition recently when I phoned, no need to give ID etc, I think it may have been HSBC. I declined but found it interesting.

Some months ago I was talking to a friend about Rita Streich, an opera singer, with my phone in my hand. The same day I had an offer by e-mail for a box set of her CDs. She is not widely known and isn't a current performer. I found it spooky but nothing surprises me these days about retailers stimulating purchases by any means possible.

(Beautiful voice btw if you're interested )

(not mine btw lol)

(OFF TOPIC: APOLOGIES)

I love listening to recordings of the late Rita Streich's voice. My favourite version of classic aria: https://www.youtube.com/watch?v=jT7WWseWmyU

mhoc

schiff wrote: »

I think I may have the definitive answer to the Nationwide conundrum.

I went to a branch today to try and get more official information about keeping the 5% going on the FlexDirect account by some means or other, as discussed and achieved by other posters. Only to find out that the branches have been circulated by internal memo dated in the middle of June 2017, clearly aimed at deterring the switch to FlexAccount and back again. I was able to read it and it is very clear.

And there's a hint of another whammy at the end. Nationwide are continuing to play with the idea of stopping the second bite at the 5% cherry on the FlexDirect account, even when 12 months has passed. On the grounds that it is/has been an introductory offer and not intended as a vehicle for savings.

So, for me in September, it's moving from £8500 at 5% to a nominal sum at 1% and the laboured process of building on £250 per month at 5% all over again.

Almost as disappointing as the Santander dip from 3% to 1.5%.

I didn't ask about joint accounts as that is not an option available to me.

Nationwide seem hell bent on deterring me as a saver - I would really like to find a good enough home for my 4 year ISA which matures later this year but for the sake of flexibility its going to have to be 0.5% Nationwide until I can find something worthwhile.
Only a few years back it was a monthly saver up to £1000, the old Cheshire building society monthly saver up to £500 plus a savings bond and the ISA - now just the £500 a month saver until it expires next year
Any other business loosing the amount of income from even one customer would be concerned ...