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Regular Savings Accounts: The Best Currently Available List!

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  • Mee
    Mee Posts: 1,504 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I agree. This thread is about Regular Savers. The clue is in the title. Have a thought for Special Saver 2 who provides a weekly update and has to plough through all these irrelevant posts in the search for the pearl of a new shiny market-leading RS.

    I have deleted two of my posts to assist you.
    Free thinker.:cool:
  • bristolleedsfan
    bristolleedsfan Posts: 12,654 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 14 October 2017 at 10:28AM
    Mee wrote: »
    I have deleted two of my posts to assist you.

    Was there a limit to the number posts not related to "regular savings accounts" you were able to delete. :laugh:
  • pafpcg
    pafpcg Posts: 931 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Was there a limit to the number posts not related to "regular savings accounts" you were able to delete. :laugh:

    If one user deletes all their own posts then posts by others in reply can become meaningless.

    The solution is either much greater self-discipline by users in staying on-topic or much greater intervention by the moderators to move off-topic posts to other threads. Experience on other forums leads me to conclude that only the latter option is viable.

    [Moderators: feel free to delete this off-topic post when appropriate.]
  • OK I have a question about regular savers. This limit of 6 that's being talked about - may I clarify that this is *not* a limit on the number of regular savers one is allowed to have? It's hard for me to follow this thread; I've tried backtracking but I still cannot deduce what the limit of 6 refers to. So can I just check it isn't regular savers? I certainly hope not - I have 10 of the things open currently and was planning to open more soon.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Seventh Anniversary 500 Posts Name Dropper
    edited 14 October 2017 at 1:03PM
    flergalwit wrote: »
    OK I have a question about regular savers. This limit of 6 that's being talked about - may I clarify that this is *not* a limit on the number of regular savers one is allowed to have? It's hard for me to follow this thread; I've tried backtracking but I still cannot deduce what the limit of 6 refers to. So can I just check it isn't regular savers? I certainly hope not - I have 10 of the things open currently and was planning to open more soon.

    I've got about 27 Regular Savers currently open. There is no limit to how many RS's you can have. However usually the bank or institution will have a rule that you can only have one of their RS's open at a time. Sometimes you can have more than one RS open at the same time with the same institution but only one of each issue (eg I have issues 3,4 and 5 of Leeds BS, but I can't have any later issue, that's 6,7 or 8 at the moment, along with Issue 5; once Issue 5 matures I will be able to open the Issue then current, assuming there is one),
  • trix-a-belle
    trix-a-belle Posts: 1,532 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    flergalwit wrote: »
    OK I have a question about regular savers. This limit of 6 that's being talked about - may I clarify that this is *not* a limit on the number of regular savers one is allowed to have? It's hard for me to follow this thread; I've tried backtracking but I still cannot deduce what the limit of 6 refers to. So can I just check it isn't regular savers? I certainly hope not - I have 10 of the things open currently and was planning to open more soon.

    the 6 limit is in relation to tesco internet saver accounts only
    - Mortgage: 1st one down, 2nd also busted
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  • karlie88
    karlie88 Posts: 9,114 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Received a letter today from Leeds BS with regards to my reg saver issue 3 which is due to be closed soon.

    You can submit maturity/closing instructions online and, surprisingly, you can ask them to transfer the money across to a nominated bank account. There's no fee to do this. Other options include sending a cheque, transferring across to another Leeds BS account etc.

    Link: https://www.leedsbuildingsociety.co.uk/savings/maturity/forms/

    No need to visit the branch or send something via snail mail. We're making process, let's hope other BSs follow...
    :grouphug: :D Official MSE canny forumite and HUKD VIP badge member :D :grouphug:
  • Neil_Jones
    Neil_Jones Posts: 9,622 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    flergalwit wrote: »
    OK I have a question about regular savers. This limit of 6 that's being talked about - may I clarify that this is *not* a limit on the number of regular savers one is allowed to have? It's hard for me to follow this thread; I've tried backtracking but I still cannot deduce what the limit of 6 refers to. So can I just check it isn't regular savers? I certainly hope not - I have 10 of the things open currently and was planning to open more soon.

    You can have as many regular savers as you like subject to T&Cs of the banks providing them. Virgin for example let you have one of each of their regular savers branch and online which had you snapped them all up would probably be, what, 15 by now?

    I dare say a more practical limit is the amount of money you have available in order to feed these things and pay everything else you pay for in your life, though due to the way these work it goes you'd get all that feeding money back anyway with a bit extra on top.
  • gilly56
    gilly56 Posts: 85 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 14 October 2017 at 6:47PM
    @karlie88

    I got same letter from the Leeds BS today. That is a very handy link they give you in the letter which takes you to a special page to advise them of your closing instructions etc.
  • gilly56
    gilly56 Posts: 85 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 14 October 2017 at 6:48PM
    Does anyone know if you are still entitled to have the Santander 5% reg saver account if you should down-grade your 1-2-3 current account to a '1-2-3 Lite' account?
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