Regular Savings Accounts: The Best Currently Available List!

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.

Reg_Smeeton

Re: Monmouthshire Building Society

I’ve stopped paying in to my Xmas RS, and am considering rolling the funds across £300 at a time into the Regular Saver issue 2 until I have emptied it using an internal transfer on the online portal. Any flaw in my cunning plan?

subjecttocontract

allegro120 said:

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.

What do you mean by 'main holder' ? I was always under the impression that joint accounts were held 50:50

t1redmonkey

Reg_Smeeton said:

Re: Monmouthshire Building Society

I’ve stopped paying in to my Xmas RS, and am considering rolling the funds across £300 at a time into the Regular Saver issue 2 until I have emptied it using an internal transfer on the online portal. Any flaw in my cunning plan?

You could do that I suppose.  Personally I just withdrew the whole thing as I had enough space in my 7% Santander Edge Saver and other Regular Savers paying more than the 5.5% that the Xmas Saver was paying to make it worthwhile.

what7

Can you have 2 RS with Tipton?

I have their issue 1 and issue 2. Have no problem with deposit until this month. 

My first month of £250 went in fine on 27/9(test run) and 28/9.
But this month £250 that I deposit in October has been returned for issue 2.

Any reason?

kamkop

what7 said:

Can you have 2 RS with Tipton?

I have their issue 1 and issue 2. Have no problem with deposit until this month. 

My first month of £250 went in fine on 27/9(test run) and 28/9.
But this month £250 that I deposit in October has been returned for issue 2.

Any reason?

I had the same earlier this week. Reason: money sent from two different account and only transfers from a nominated account are allowed. (Although last month it was not enforced...)

what7

Yeh I thought it must be that at first, but first month went in fine.

How can you find out which nominated account on the app ????

allegro120

subjecttocontract said:

allegro120 said:

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.

What do you mean by 'main holder' ? I was always under the impression that joint accounts were held 50:50

From summary box - "You can only hold one Loyalty Regular eSaver 2023 or Loyalty Regular Saver 2023 account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on the second account."  In my understanding the 'main holder' is the one who applies for the account and 'other holder' is the one you put in your application form as the other holder.  It's just a formality, both holders own the money equally.  What I meant was - If you are qualified for opening this account, you should have no problem opening it as a joint.