Regular Savings Accounts: The Best Currently Available List!

anticlaus105

tom188 wrote: »

The 7.75% is still 7.75% for people who opened during period 02/06/08-30/11/08:


Only those who opened after 1st Dec get 6%

I opened 31/12/08 and got 7.75%.

Special_Saver2

Hi Money Saving Experts,

There is only one account to update.

The Leeds BS Regular Saver has been withdrawn. For people who already have one of these accounts, please note that the interest rate has dropped slightly - down 0.05%, now paying 3.20%.

For new applicants, this account has been replaced with Regular Saver Issue 2. The interest rate is 3.05%. The terms and conditions are the same as issue 1 except that the maximum amount you can deposit per month is £500 (it is £1,000 with issue 1). The fixed interest bonus of 3% and one penalty-free withdrawal per year has not been changed.

I will do another update next weekend.

SS2

chris1

Special_Saver2 wrote: »

The terms and conditions are the same as issue 1 except that the maximum amount you can deposit per month is £500 (it is £1,000 with issue 1). The fixed interest bonus of 3% and one penalty-free withdrawal per year has not been changed.

Hi SS2 - are you sure the 3% bonus is fixed? It doesn't say on the website that it is fixed, and it could be the reason they have started a new issue.

exel1966

tom188 wrote: »

The 7.75% is still 7.75% for people who opened during period 02/06/08-30/11/08:


Only those who opened after 1st Dec get 6%

The 7.75% closed 31/12/08 and providing your first deposit was made and cleared by that date 7.75% would be payable.

From 01/01/09 it dropped to 6.00%.

See :- http://forums.moneysavingexpert.com/showthread.html?t=1380583

Special_Saver2

chris1 wrote: »

Hi SS2 - are you sure the 3% bonus is fixed? It doesn't say on the website that it is fixed, and it could be the reason they have started a new issue.

I shall e-mail Leeds BS to clarify this. In the interim, I have amended my entry in post 2.

SS2

Frogletina

West Bromwich celebrated its 160th birthday with a new savings account, Birthday Bonus 160 account, launched 23.4. This is a regular saver account (not a 160 notice account, as it may appear at first glance)

It is a branch exclusive account which I discovered via a poster in my local branch - there are no details online

1% variable with conditional bonus of 5% after 12 months.

Save between £20 and £600 a month, can miss one payment and make one withdrawal during the 12 months

I have discussed this account with super saver 2 via a private message and this account has now been added to post 4

Special_Saver2

Hi Folks,

I have had a reply today to my e-mail to Leeds Building Society about their RegularSaver Issue 2 account.

The 3% bonus interest is variable.

They also confirmed that if you have an Issue 1 account then you can also hold an Issue 2 account at the same time.

I also see that this page from the Leeds BS website now says:

Notes: The minimum monthly payment is £20, the maximum monthly payment is £500. Variable 3.00% Bonus paid annually if all monthly payments are made with no more than one withdrawal.

I have a saved copy of that page from 20th April with the old RegularSaver (Issue 1) which says:

Notes: The minimum monthly payment is £20, the maximum monthly payment is £1,000. Fixed 3.00% Bonus paid annually if all monthly payments are made with no more than one withdrawal.

It is a shame that the 3% bonus interest is not fixed with this new issue. This change was not made clear on the main website page for this account so thanks to chris1 for questioning this. I have updated the entry in post 2 with this information.

SS2

Dagobert

I just opened on account with the Scottish BS.

What are the bank details for the SO?

premierfella

Sort code: 830608
Account: 00255419

(From my records, but the first search result on google confirms it here from a perhaps more reliable source than myself! :
http://www.hmrc.gov.uk/manuals/ntcmanual/misc_bankdetailsguide/Scottish_Building_Society.htm

Special_Saver2

Hi Folks,

Here is the update for this weekend.

- Chelsea Monthly Saver account has been withdrawn
- Market Harborough BS Monthly Super Saver interest rate 2.95% (down 0.3%) from today

I will do another update next weekend.

SS2

P.S. For anybody who has the Leeds BS RegularSaver Issue 1 account (no longer available), I will mention that the interest rate dropped to 3.05% which matches the issue 2 account.