Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Many thanks, I have updated the relevant entry in post 9 with that information.

SS2

samizdat wrote: »

Just to say that Egg has dropped the savings rate for new accounts (accounts opened on 15 September 2009 or later) from 3.25% to 2.50%. This has been achieved by reducing the fixed 12-month introductory bonus from 2% to 1.25%, leaving the underlying variable rate at 1.25%.

Please update the "Best Feeder Accounts" section.

KTF

New 3.30% AER account launched by Citibank might make a good feeder in place of Egg?

http://forums.moneysavingexpert.com/showthread.html?t=1953007

tiptoe_mouse

KTF wrote: »

New 3.30% AER account launched by Citibank might make a good feeder in place of Egg?

http://forums.moneysavingexpert.com/showthread.html?t=1953007

I'm not sure - looking at their pdf guide to the account, withdrawals seem to be via one nominated account only. Pity.

HTH

tiptoe

money4ah

I really don't see the issue with having it into one nominated account really?

I allows withdrawals with no penalties and the noimated account doesn't need to be a Citibank account - I have linked it to my Barclays acc - You can also change the nominated account.

It hasn't put me off and I have just signed up for it, so I wouldn't let this put others off.

At the end of the day I want to use it for savings so money going in and hardly any money withdrawals to my nominated account, but if I do make withdrawals to my nominated account then no hardship it goes to my standard current account.

tiptoe_mouse

money4ah wrote: »

I really don't see the issue with having it into one nominated account really?

I allows withdrawals with no penalties and the noimated account doesn't need to be a Citibank account - I have linked it to my Barclays acc - You can also change the nominated account.

It hasn't put me off and I have just signed up for it, so I wouldn't let this put others off.

At the end of the day I want to use it for savings so money going in and hardly any money withdrawals to my nominated account, but if I do make withdrawals to my nominated account then no hardship it goes to my standard current account.

I agree it's a good savings account. However, the lack of a nominated account does mean it's not really useful as a feeder account for regular savers. See the first post

These are accounts where you can leave a large lump sum and drip feed the money into your regular savers each month. Certain accounts are not listed here as they cannot transfer money directly to regular savings accounts. The accounts listed can do BACS transfers to regular savings accounts directly.

If you only have one regular saver to feed, you could try to set up that account as the nominated account, but I don't know if they will let you have a regular saver as the nominated account. Does anyone know?

For feeding more than one regular saver, it wouldn't work.

tiptoe

Special_Saver2

Hi Folks,

Here is this weekend's update:

- Buckinghamshire BS Chiltern Gold Mine Issue 2 account withdrawn
- Alliance & Leicester Premier Regular Saver account withdrawn
- Leeds BS Online Access account withdrawn

If you have opened a Stroud and Swindon BS Regular Saver Plus (Issue 2) and you cannot work out where to send the money each month, the details are hidden away on the penultimate page of the passbook. I have opened one of these accounts by post and I have only received details about making deposits and withdrawals by post. There were no details about telephoning them to arrange a BACS withdrawal (which was mentioned on the website). Has anybody else received those details?

All the best,
SS2

Special_Saver2

Hi Folks,

The Leeds BS Online Saver (feeder section) has re-appeared, so I have put it back into post 9. According to emoneyfacts, it is going to be withdrawn at the close of business tomorrow and replaced with issue 2 on Friday which appears to be the same as the current issue.

SS2

Special_Saver2

Hi Everybody,

Here is this weekend's update. Actually, having checked through everything, nothing else has changed.

See you again next weekend.

SS2

Lady_K

I want to open a Halifax regular saver online today, if I do this today 27th can the account be funded for the first payment today or will it go through tomorrow or am I too late this month to get first payment in then swap payments to 1st?

opinions4u

Lady_K wrote: »

I want to open a Halifax regular saver online today, if I do this today 27th can the account be funded for the first payment today or will it go through tomorrow or am I too late this month to get first payment in then swap payments to 1st?

If you open it online and you have existing Halifax online use you will be able to fund it online today from most Halifax accounts. If not, you could open it online today and fund it by phone (08457 26 36 46) or wander in to a branch tomorrow to fund it.

Either way you can then set up a standing order for the 1st from a Halifax current account. You'd need to move fast to get the mandate in place at a different bank though.

Hope that helps .