Regular Savings Accounts: The Best Currently Available List!

YorkshireBoy

flyingscotno1 wrote: »

When you open the HBOS 4% and receive a nominated account for interest- do you have to fund that account- it seems unclear.

Any funding requirements will be detailed in the relevant savings account T&C's. If you take the standard websaver I seem to remember it can be opened (and maintained) with as little as £1. Others may differ. Have you checked out the relevant accounts? If not, they're listed in the Reg Saver T&C's (see page 5).

Can you sneak in a bank transfer rather than a standing order...

Others have reported doing do without penalty, yes.

LongTermLurker

YorkshireBoy wrote: »

Any funding requirements will be detailed in the relevant savings account T&C's. If you take the standard websaver I seem to remember it can be opened (and maintained) with as little as £1. Others may differ. Have you checked out the relevant accounts? If not, they're listed in the Reg Saver T&C's (see page 5)

I seem to remember something about the websaver automatically closing after a certain length of time if you didn't fund it, which could leave your matured funds with no-where to go. Just stick a quid in.

Hi YB!

edda

lucky77 wrote: »

Just phoned West Bromwich re the birthday bonus account and was told it closed on Friday.

The West Brom has reopened its Birthday Bonus account - new applicants are still only being accepted in the branch.

Leaflets were in branches last weekend and I phoned up today to check - definitely available again.

Currently paying 1% + 5% bonus if Ts&Cs are kept - have to pay in for 12 months; between £20 and £600 per month; 1 withdrawal only in the year; matures into an instant account paying 1%.

Natti_A

Barclays is no longer available at 6%, now its down to 4%. Went to branch today to open one, and all the literature now says 4%. Safe to say, I will not be opening one!

Natti_A

Ignore me... literature in branch is lying! Sounds like it goes down on Wednesday, and my local branch has been premature in putting out the flyers.

I have just opened one over the phone at 6%.

flyingscotno1

YorkshireBoy wrote: »

Any funding requirements will be detailed in the relevant savings account T&C's. If you take the standard websaver I seem to remember it can be opened (and maintained) with as little as £1. Others may differ. Have you checked out the relevant accounts? If not, they're listed in the Reg Saver T&C's (see page 5).

Checked it out- cannot click and view details of nominated account or access it- nor can I do a quick transfer so I presume that is due to it not requiring funding.

YorkshireBoy

flyingscotno1 wrote: »

Checked it out- cannot click and view details of nominated account or access it- nor can I do a quick transfer so I presume that is due to it not requiring funding.

Which account have you opened (as the nominated account)...and when?

flyingscotno1

YorkshireBoy wrote: »

Which account have you opened (as the nominated account)...and when?

Halifax Web Saver (Variable), last week.

YorkshireBoy

flyingscotno1 wrote: »

Halifax Web Saver (Variable), last week.

Are you 'new' to Halifax? If so, the account may be waiting for ID verification, meaning a branch visit may be necessary (happened to me a few years ago, and I had to show them my passport and then they ticked a box on their screen!!).

Probably best to call them. Use the callback service* and let them pay!


* Just bluff your way through to savings.

Special_Saver2

Thanks for the information.

I have put a warning on the Barclays account in post 4 to let people know to apply now if they are thinking about opening this account. Thanks a lot for this - one of my relatives was going to open one up on Thursday - I shall tell them to do it today.

I have put the West Bromwich account back into post 4.

SS2