Regular Savings Accounts: The Best Currently Available List!

Bigwheels1111

I set my Nationwide standing order to make its last payment on September 1st 2024.
Payment 13.
Will see if it’s allowed next year.

allegro120

Bigwheels1111 said:

I set my Nationwide standing order to make its last payment on September 1st 2024.
Payment 13.
Will see if it’s allowed next year.

It should be ok. There's no maximum allowance in t&c. At least in my experience, 13th payments have always worked with accounts that don't state the max sum allowed to deposit. 

MiserlyMartin

friolento said:

chris_the_bee said:

gwapenut said:

@Bridlington1 I notice you have Stafford Railway at 5.15% in your list, but I thought it was only 4.9%. I can't see anything else mentioned either on the front page of this thread or on SRBS's website?

It rises to 5.15% from 4.9% WEF 1st October 2023

I have closed my SRBS account. Even at 5.15% it doesn’t any longer cut the mustard for me. I was also not attracted by their £12k deposit offer. I put money into the 6.1% NS&I GGB and into the 5.2% Santander instant access instead.

There are other RS accounts paying even less than SBRS, for example Barclays rainy day at 5.12%. Well done for following principles

t1redmonkey

MiserlyMartin said:

friolento said:

chris_the_bee said:

gwapenut said:

@Bridlington1 I notice you have Stafford Railway at 5.15% in your list, but I thought it was only 4.9%. I can't see anything else mentioned either on the front page of this thread or on SRBS's website?

It rises to 5.15% from 4.9% WEF 1st October 2023

I have closed my SRBS account. Even at 5.15% it doesn’t any longer cut the mustard for me. I was also not attracted by their £12k deposit offer. I put money into the 6.1% NS&I GGB and into the 5.2% Santander instant access instead.

There are other RS accounts paying even less than SBRS, for example Barclays rainy day at 5.12%. Well done for following principles

Except that's not a RS.

Bigwheels1111

allegro120 said:

Bigwheels1111 said:

I set my Nationwide standing order to make its last payment on September 1st 2024.
Payment 13.
Will see if it’s allowed next year.

It should be ok. There's no maximum allowance in t&c. At least in my experience, 13th payments have always worked with accounts that don't state the max sum allowed to deposit. 

Will see if YBS allows it also.
Worth a try. Thanks 

bioboybill

If you have a nationwide account of your own and also a joint account with your wife is it possible to have two of the 8% regular savers between you, or is one the limit?

zagfles

bioboybill said:

If you have a nationwide account of your own and also a joint account with your wife is it possible to have two of the 8% regular savers between you, or is one the limit?

You can have one each. The application asks if you want a single or joint account, just choose a single, then your wife does the same.

zagfles

allegro120 said:

Bigwheels1111 said:

I set my Nationwide standing order to make its last payment on September 1st 2024.
Payment 13.
Will see if it’s allowed next year.

It should be ok. There's no maximum allowance in t&c. At least in my experience, 13th payments have always worked with accounts that don't state the max sum allowed to deposit. 

It depends how they define the month, they don't all use calendar months, for instance Santander define the month as running from the date you open the account till the date before the next month, eg if you open the account on the 14th your £200 payment limit applies from the 14th to the 13th of the next month. So it'd be impossible to get 13 payments in. First Direct set up a SO to collect your payments on the same date each month.

PRAISETHESUN

JamesRobinson48 said:

Bigwheels1111 said:

It should be ok. There's no maximum allowance in t&c. At least in my experience, 13th payments have always worked with accounts that don't state the max sum allowed to deposit. 

Will see if YBS allows it also.
Worth a try. Thanks 

YBS RS T&Cs explicitly state there's an account balance maximum (excluding interest) of £6000.  So once you've paid in £6000 (e.g. 12 x £500) you're unlikely to succeed in paying in any more.

I accidently left my YBS SO for the last issue of the loyalty RS without an end date and it allowed the 13th payment without getting sent back. Balance was £6500 for most of the final month and it got paid the correct amount of interest on maturity.

Gers

I closed my YBS yesterday as it was at £6,000. I could have let it run for another month but want the funds to go into a savings acount before the interest rates drop! If they do.