Regular Savings Accounts: The Best Currently Available List!

Fingerbobs

nomorekids said:

Fingerbobs said:

Suffolk (formerly Ipswich) Building Society Smart Save Monthly (2) - Can anyone confirm that this account allows TWO withdrawals per year without losing the interest bonus? This is the info I have recorded in my spreadsheet, but unusually for me I have mislaid the original documentation for the account so I can't check, and their current offerings only seem to allow one withdrawal, so I'm questioning the validity of my notes! 

[ If I'm allowed a second withdrawal, I'll suck all the money out of it, but if I'd lose the bonus by doing so I'll leave the current balance and drop the contributions down to the minimum £10 per month. ]

Thanks in advance. 

I have done exactly this and can confirm I ve taken one withdrawal and now top up with a nominal amount. I will sweep out the rest using the second withdrawal in December which is my renewal month

Thanks. Will withdraw all but £10 and drop the monthly top-up to the minimum £10. 

For the benefit of other readers: the minimum operating balance on this account is £10, and you must make 11 monthly deposits of at least £10 per account anniversary year (the 'missed' one is to allow for you to defer the final payment until after the anniversary date, so in essence you've got to pay in every calendar month) or you lose the bonus. 

dcs34

Applied for a Tipton account over a week ago, had a text to say the account is open but nothing yet in the post with respect to UserID or account details. Worth a phone call yet or is this standard T&C operating procedure? Don't want to overload a small BS that is probably already fairly overwhelmed with applications recently.

pokemaster

West Brom BS Fixed Rate Regular Saver Issue 7

6% yearly

£10 per month minimum

£250 per month Max

BRANCH ONLY

Source: Money Facts

Kazza242

According to Moneyfacts, West Brom Building Society are launching 'Fixed Rate Regular Saver (issue 7)', paying 6.00%

• The account is available to open and manage in branch only.
• Pay in £10 - £250 per month
• Maximum account balance £3,000
• The account matures after 12 months

This may be useful to savers who live near to a branch of the Society.

Bazzalona13295

dcs34 said:

Applied for a Tipton account over a week ago, had a text to say the account is open but nothing yet in the post with respect to UserID or account details. Worth a phone call yet or is this standard T&C operating procedure? Don't want to overload a small BS that is probably already fairly overwhelmed with applications recently.

It took about a week for mine to turn up though I attributed that to the postal service and not the Tipton. Even then I had difficulties with the App but I have to say the staff were very helpful when I did call them.
But I'd give it a day or two more.

TomJ

Kazza242 said:

According to Moneyfacts, West Brom Building Society are launching 'Fixed Rate Regular Saver (issue 7)', paying 6.00%

• The account is available to open and manage in branch only.
• Pay in £10 - £250 per month
• Maximum account balance £3,000
• The account matures after 12 months

This may be useful to savers who live near to a branch of the Society.

Looking at their site's page for the account, while you can only open in branch but can manage online via their savings portal and can make electronic payments into it.

OneUser1

TomJ said:

Kazza242 said:

According to Moneyfacts, West Brom Building Society are launching 'Fixed Rate Regular Saver (issue 7)', paying 6.00%

• The account is available to open and manage in branch only.
• Pay in £10 - £250 per month
• Maximum account balance £3,000
• The account matures after 12 months

This may be useful to savers who live near to a branch of the Society.

Looking at their site's page for the account, while you can only open in branch but can manage online via their savings portal and can make electronic payments into it.

The way I read it you can only view the balance online. Opening and closing is in branch. But certainly payments can be made electronically. I won’t be going for it. I’d take 6% if I could open online and for 7% I’d visit a branch. 

Kazza242

TomJ said:

Kazza242 said:

According to Moneyfacts, West Brom Building Society are launching 'Fixed Rate Regular Saver (issue 7)', paying 6.00%

• The account is available to open and manage in branch only.
• Pay in £10 - £250 per month
• Maximum account balance £3,000
• The account matures after 12 months

This may be useful to savers who live near to a branch of the Society.

Looking at their site's page for the account, while you can only open in branch but can manage online via their savings portal and can make electronic payments into it.

OneUser1 said:

TomJ said:

Kazza242 said:

According to Moneyfacts, West Brom Building Society are launching 'Fixed Rate Regular Saver (issue 7)', paying 6.00%

• The account is available to open and manage in branch only.
• Pay in £10 - £250 per month
• Maximum account balance £3,000
• The account matures after 12 months

This may be useful to savers who live near to a branch of the Society.

Looking at their site's page for the account, while you can only open in branch but can manage online via their savings portal and can make electronic payments into it.

The way I read it you can only view the balance online. Opening and closing is in branch. But certainly payments can be made electronically. I won’t be going for it. I’d take 6% if I could open online and for 7% I’d visit a branch. 

@Both - When Moneyfacts refers to not being able to manage an account online, they are usually referring to an account not allowing online withdrawals and/or account closure online. 

They are not referring to making standing order payments - pretty much all regular savings accounts allow savers to make deposits this way.  

WillPS

QQ regarding YBS Loyalty Regular Saver.

I've now had an account open for a full year. My fiancée has not had an account with YBS previously. Will a Joint application be accepted?

allegro120

WillPS said:

QQ regarding YBS Loyalty Regular Saver.

I've now had an account open for a full year. My fiancée has not had an account with YBS previously. Will a Joint application be accepted?

Better check directly with YBS, but I can't see why not, so long as you are the main holder of joint account.