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Regular Savings Accounts: The Best Currently Available List!
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OneUser1 said:For those who can get to a branch, the Westbrom 6% fixed for a year, £250 per month maximum looks attractive and is still available.I don’t understand why anyone with a 7% and 8% Regular Saver at the Monmouthshire would open the 4.75% variable as well. The higher paying accounts ensure continuity of membership. When they mature, and only then, certainly look for an account to maintain membership then. But not now.2
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Stargunner said:OneUser1 said:For those who can get to a branch, the Westbrom 6% fixed for a year, £250 per month maximum looks attractive and is still available.I don’t understand why anyone with a 7% and 8% Regular Saver at the Monmouthshire would open the 4.75% variable as well. The higher paying accounts ensure continuity of membership. When they mature, and only then, certainly look for an account to maintain membership then. But not now.
I choose the rooms that I live in with care,
The windows are small and the walls almost bare,
There's only one bed and there's only one prayer;
I listen all night for your step on the stair.5 -
dealyboy said:@Bridlington1 said:Stargunner said:Bridlington1 said:Wheres_My_Cashback said:Bridlington1 said:Monmouthshire BS will be launching a Regular Saver Issue 3 at 4.75% tomorrow.
Think it's going to be more a case of...First of all you're correct, I do have their 8% and 7% regular savers. I also have the 5.6% Coronation Regular Saver and the soon to mature Christmas Regular Saver.Whilst 4.75% isn't a good rate now and doesn't currently look as though it will become competitive in the future, if rates start to fall at some point next year and Monmouthshire decide not to cut their 4.75% rate then it could become a reasonable rate for the last month or two. If it had a larger minimum balance or required monthly funding then I doubt I'd be opening it but since it only has a £1 minimum balance and requires no further funding the cost to me of having the account sat with a £1 balance for a year should be at most 1 or 2p so it seems just about worth opening on the off-chance. Admittedly it is on the lower end of accounts I would open speculatively though.
EDIT: The account is now live on their website.
https://www.monbs.com/savings/regular-saver/
Do you have the Santander £200 regular saver 5% which has a fixed rate and flexible? Mine is dormant.subjecttocontract said:I'm finding that having dormant accounts with say £1 in them does have other advantages. When I'm looking for somewhere e.g. to transfer my cash ISAs into then already having an account with a bank or b/society makes it much, much quicker.Stargunner said:OneUser1 said:For those who can get to a branch, the Westbrom 6% fixed for a year, £250 per month maximum looks attractive and is still available.I don’t understand why anyone with a 7% and 8% Regular Saver at the Monmouthshire would open the 4.75% variable as well. The higher paying accounts ensure continuity of membership. When they mature, and only then, certainly look for an account to maintain membership then. But not now.trickydicky14 said:Stargunner said:OneUser1 said:For those who can get to a branch, the Westbrom 6% fixed for a year, £250 per month maximum looks attractive and is still available.I don’t understand why anyone with a 7% and 8% Regular Saver at the Monmouthshire would open the 4.75% variable as well. The higher paying accounts ensure continuity of membership. When they mature, and only then, certainly look for an account to maintain membership then. But not now.
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OneUser1 said:For those who can get to a branch, the Westbrom 6% fixed for a year, £250 per month maximum looks attractive and is still available.I don’t understand why anyone with a 7% and 8% Regular Saver at the Monmouthshire would open the 4.75% variable as well. The higher paying accounts ensure continuity of membership. When they mature, and only then, certainly look for an account to maintain membership then. But not now.0
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Kazza242 said:Rich2808 said:I have a general question about opening the Halifax regular saver. My old regular saver matured 2 weeks ago but Halifax online banking does not offer it as an option for me to open a new one online. Have tried calling them twice - but apparently they were too busy to take the call.
Has anyone else had this problem with maturing Halifax regular savers. I am registered for online banking and have a current account with them.
They then rolled my existing matured account (with £0 balance) into a new regular saver account for another 12 months and applied the interest rate available at the time of maturity (5.50%). The account number remains the same.
I transferred the first payment via an internal transfer and amended my existing standing order.
Find your matured regular saver account on Halifax online banking. It should have the 5.50% rate applied to it.
You can then make your first payment. Or did you close your Halifax regular saver following maturity?
I have a matured saver account showing a 5.5% rate - but for obvious reasons I would rather have something called a regular saver confirming the fixed rate. Do I renew this into another savings account - say the reward bonus saver paying 4.2% - and then I will be free to open a new account (the actual regular saver)? The only option not given to me for renewing the account is another regular saver!!
Given I just do a transfer from my halifax account I don't really care the account number might change.
I am just not comfortable using the matured saver account number - as its not clear what its terms are or what restrictions apply to it or if they can cut the rate? If its a regular saver still - why not call it that?!
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Rich2808 said:Kazza242 said:Rich2808 said:I have a general question about opening the Halifax regular saver. My old regular saver matured 2 weeks ago but Halifax online banking does not offer it as an option for me to open a new one online. Have tried calling them twice - but apparently they were too busy to take the call.
Has anyone else had this problem with maturing Halifax regular savers. I am registered for online banking and have a current account with them.
They then rolled my existing matured account (with £0 balance) into a new regular saver account for another 12 months and applied the interest rate available at the time of maturity (5.50%). The account number remains the same.
I transferred the first payment via an internal transfer and amended my existing standing order.
Find your matured regular saver account on Halifax online banking. It should have the 5.50% rate applied to it.
You can then make your first payment. Or did you close your Halifax regular saver following maturity?
I have a matured saver account showing a 5.5% rate - but for obvious reasons I would rather have something called a regular saver confirming the fixed rate. Do I renew this into another savings account - say the reward bonus saver paying 4.2% - and then I will be free to open a new account (the actual regular saver)? The only option not given to me for renewing the account is another regular saver!!
Given I just do a transfer from my halifax account I don't really care the account number might change.
I am just not comfortable using the matured saver account number - as its not clear what its terms are or what restrictions apply to it or if they can cut the rate? If its a regular saver still - why not call it that?!
So thanks for your help!0 -
A new Loyalty Regular Saver is due to be announced in the next few days by Coventry and it will be open to everyone with an account with the building society since January 20226
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francoghezzi said:A new Loyalty Regular Saver is due to be announced in the next few days by Coventry and it will be open to everyone with an account with the building society since January 2022
Any guesses on rate or monthly deposits, I'm thinking it could be 6% 7% and 500pcm?0 -
Middle_of_the_Road said:francoghezzi said:A new Loyalty Regular Saver is due to be announced in the next few days by Coventry and it will be open to everyone with an account with the building society since January 2022
Any guesses on rate or monthly deposits, I'm thinking it could be 6% 7% and 500pcm?2 -
francoghezzi said:Middle_of_the_Road said:francoghezzi said:A new Loyalty Regular Saver is due to be announced in the next few days by Coventry and it will be open to everyone with an account with the building society since January 2022
Any guesses on rate or monthly deposits, I'm thinking it could be 6% 7% and 500pcm?1
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