Regular Savings Accounts: The Best Currently Available List!

Baldur

cashbackproblems wrote: »

Ok..but that interest earned will still amount to about the same......

It will?

My easy access savings are currently sitting in my Egg account at 6.3% (fixed until October) until the monthly payment is transferred to my HSBC Regular Saver at 8%.

If I did not have the Egg account, they would be sitting in something like my ICICI Bank HiSave account at 2.45% until being fed into the HSBC account.

RayWolfe

cashbackproblems wrote: »

i was thinking in my case its in my hsbc current account earning 0.1%!

No it isn't!

sloughflint

cashbackproblems wrote: »

Ok..but that interest earned will still amount to about the same and the 1yr fixed you can get as high as 4%+. I guess it depends on where it was beforehand and the numbers, i was thinking in my case its in my hsbc current account earning 0.1%!

I disagree.The best 1 year fix according to the main MSE article is 4.3% but remember that needs a balance in excess of 5k.

Most instant access savings accounts seem to be offering a 1 year bonus. Taking the Tesco one (2.5%) for example, and the Barclays RS, the overall rate would be:
(6.5*0.06+5.5*0.025)/12= 4.4%.
No contest.

Special_Saver2

Hi Money Saving Experts,

Here is this weekend's update.

Actually, I cannot find anything that has changed!

There are still no details online for certain accounts that were announced over the last 2 weeks (West Bromwich, Alliance & Leicester and Bradford & Bingley accounts) but I shall check again next weekend.

All the best,
SS2

soulsaver

Special_Saver2 wrote: »

Homebuyer Accounts

Abbey First Home Saver (Special Issue 1)


Special conditions: Only account per person. Need to be aged 16 to 35 and not own a home.

Is that age qualifier legal?

soulsaver

Baldur wrote: »

It will?

If I did not have the Egg account, they would be sitting in something like my ICICI Bank HiSave account at 2.45% until being fed into the HSBC account.

Nope, from 15th may: was 2.45 is 2.00
HiSAVE Savings Account
Annual Interest Payment
Old Gross Old AER New Gross New AER
2.45% 2.45% 2.00% 2.00%
Monthly Interest Payment
2.43% 2.45% 1.99% 2.00%

Baldur

soulsaver wrote: »

Nope, from 15th may: was 2.45 is 2.00
HiSAVE Savings Account
Annual Interest Payment
Old Gross Old AER New Gross New AER
2.45% 2.45% 2.00% 2.00%
Monthly Interest Payment
2.43% 2.45% 1.99% 2.00%

On the date of my post it was 2.45%..... I don't think that the rate drop will significantly affect the £1.98 or so that I currently have in the account.

Special_Saver2

Hi Money Saving Experts,

I hope you are all enjoying this long weekend with nice weather.

Here is this weekend's update. Actually, nothing seems to have changed - none of the accounts on the first page of this thread have changed and there are no new accounts to add. There are still no details online for certain accounts but I can vouch that the Alliance & Leicester Premier Regular Saver does exist - I have seen an advertisement in the newspaper for it.

I shall do another update next weekend.

SS2

aah

Hi there
I'm new to this page and cos the thread was so long jumped straight to the last page.

This looks like a wonderful update SS and I'm really interested in the contents - can you please tell me how to access it.

Many thanks
A.

rb10

aah wrote: »

Hi there
I'm new to this page and cos the thread was so long jumped straight to the last page.

This looks like a wonderful update SS and I'm really interested in the contents - can you please tell me how to access it.

Many thanks
A.

It's all in post 1, on the first page

Special Saver keeps that post updated with all the best accounts.