Regular Savings Accounts: The Best Currently Available List!

dcs34

flaneurs_lobster said:

That's a bit dismissive of the 2M people who live in NI, looks like you can run this account via a branch with no need for a current account/hard credit check. 

6% on £500/month is a decent proffer.

Yes for those that live in NI it's no harder to open than a visit to the branch.

For those in GB it doesn't seem there is a viable way, I had missed that credit cards were only available to existing customers. I was assuming the requirement for the RS to be funded by an AIB current account wasn't actually enforced as per most other RS providers.

flaneurs_lobster

Wheres_My_Cashback said:

flaneurs_lobster said:

Wheres_My_Cashback said:

dcs34 said:

Pkman said:

Just to confirm, no one found an easy way to open aib rs for new customer???

It seems you need to have an existing online customer profile and hence need to have opened another product first.

The current account ('Classic Account'), easy access savings ('Select Account'), ISA ('Cash ISA') and fixed savings ('Fixed Rate Saver' or 'Fixed Term Deposit Account') accounts all require a visit to a branch in NI to open them.

However it does seem that you can apply for a credit card online (https://aibni.co.uk/our-products/credit-cards). There are options to call them or post a printed application form for the 'Options One' and 'Options Two' cards.

There is also a form to register for online service (https://aibni.co.uk/personal-docs/ways-to-bank/online-apply-website.pdf) which asks you to provide a bank account or credit card number (presumably for an AIB account of course!). This would imply that holding a credit card will entitle you to request an online account.

Once you have that online customer profile you should then theoretically be able to apply for the Regular Saver via the online account.

Assuming that getting to a branch in NI is not easy for you it doesn't appear there is a simple method, the above is quite a bit more convoluted than seems reasonable for a 6% variable account.

Happy to be proven wrong though!

Can't think why anyone would want to put a full credit search on their record as an enabler to opening an average RS a/c with an Irish bank where banks are years behind those of Britain. Would anyone really be that desperate?

That's a bit dismissive of the 2M people who live in NI, looks like you can run this account via a branch with no need for a current account/hard credit check. 

6% on £500/month is a decent proffer./

Well you've certainly taken that out of context and totally misunderstood !! Current accounts ?

I'll try to explain it to you.

If you are able to visit a branch of AIB then you can open/maintain a regular savings account. 

If you are unable to visit a branch of AIB then you will require an online account to open/maintain a regular savings account. Such online access is available to those who have a current account or credit card account. 

Such accounts are only available by personal application at a branch (but see above for a possible application by mail for the credit card).

Thus residents of Northern Ireland are at a considerable advantage should they wish to apply for this RS. I don't think that they have to be "desperate". I don't know on what criteria you judge "Irish banks" to be "years behind those of [Great] Britain"

Which part of your post have I not understood? Which part have I taken out of context?

Aidanmc

flaneurs_lobster said:

Wheres_My_Cashback said:

flaneurs_lobster said:

Wheres_My_Cashback said:

dcs34 said:

Pkman said:

Just to confirm, no one found an easy way to open aib rs for new customer???

It seems you need to have an existing online customer profile and hence need to have opened another product first.

The current account ('Classic Account'), easy access savings ('Select Account'), ISA ('Cash ISA') and fixed savings ('Fixed Rate Saver' or 'Fixed Term Deposit Account') accounts all require a visit to a branch in NI to open them.

However it does seem that you can apply for a credit card online (https://aibni.co.uk/our-products/credit-cards). There are options to call them or post a printed application form for the 'Options One' and 'Options Two' cards.

There is also a form to register for online service (https://aibni.co.uk/personal-docs/ways-to-bank/online-apply-website.pdf) which asks you to provide a bank account or credit card number (presumably for an AIB account of course!). This would imply that holding a credit card will entitle you to request an online account.

Once you have that online customer profile you should then theoretically be able to apply for the Regular Saver via the online account.

Assuming that getting to a branch in NI is not easy for you it doesn't appear there is a simple method, the above is quite a bit more convoluted than seems reasonable for a 6% variable account.

Happy to be proven wrong though!

Can't think why anyone would want to put a full credit search on their record as an enabler to opening an average RS a/c with an Irish bank where banks are years behind those of Britain. Would anyone really be that desperate?

That's a bit dismissive of the 2M people who live in NI, looks like you can run this account via a branch with no need for a current account/hard credit check. 

6% on £500/month is a decent proffer./

Well you've certainly taken that out of context and totally misunderstood !! Current accounts ?

I'll try to explain it to you.

If you are able to visit a branch of AIB then you can open/maintain a regular savings account. 

Does it metion this in the terms?

Would you reckon if i can visit a branch, its possible to open the RS alone?

Then maybe possible to make payments from non AIB current acc

flaneurs_lobster

Aidanmc said:

flaneurs_lobster said:

Wheres_My_Cashback said:

flaneurs_lobster said:

Wheres_My_Cashback said:

dcs34 said:

Pkman said:

Just to confirm, no one found an easy way to open aib rs for new customer???

It seems you need to have an existing online customer profile and hence need to have opened another product first.

The current account ('Classic Account'), easy access savings ('Select Account'), ISA ('Cash ISA') and fixed savings ('Fixed Rate Saver' or 'Fixed Term Deposit Account') accounts all require a visit to a branch in NI to open them.

However it does seem that you can apply for a credit card online (https://aibni.co.uk/our-products/credit-cards). There are options to call them or post a printed application form for the 'Options One' and 'Options Two' cards.

There is also a form to register for online service (https://aibni.co.uk/personal-docs/ways-to-bank/online-apply-website.pdf) which asks you to provide a bank account or credit card number (presumably for an AIB account of course!). This would imply that holding a credit card will entitle you to request an online account.

Once you have that online customer profile you should then theoretically be able to apply for the Regular Saver via the online account.

Assuming that getting to a branch in NI is not easy for you it doesn't appear there is a simple method, the above is quite a bit more convoluted than seems reasonable for a 6% variable account.

Happy to be proven wrong though!

Can't think why anyone would want to put a full credit search on their record as an enabler to opening an average RS a/c with an Irish bank where banks are years behind those of Britain. Would anyone really be that desperate?

That's a bit dismissive of the 2M people who live in NI, looks like you can run this account via a branch with no need for a current account/hard credit check. 

6% on £500/month is a decent proffer./

Well you've certainly taken that out of context and totally misunderstood !! Current accounts ?

I'll try to explain it to you.

If you are able to visit a branch of AIB then you can open/maintain a regular savings account. 

Does it metion this in the terms?

Would you reckon if i can visit a branch, its possible to open the RS alone?

Then maybe possible to make payments from non AIB current acc

T&Cs here

https://aibni.co.uk/personal-docs/our-products/savings-and-deposits/regular-saver/regular-saver-terms-conditions.pdf

I've just (re-)read them and I think I was incorrect, The RS requires a current account regardless of application method.

friolento

flaneurs_lobster said:

Aidanmc said:

flaneurs_lobster said:

Wheres_My_Cashback said:

flaneurs_lobster said:

Wheres_My_Cashback said:

dcs34 said:

Pkman said:

Just to confirm, no one found an easy way to open aib rs for new customer???

It seems you need to have an existing online customer profile and hence need to have opened another product first.

The current account ('Classic Account'), easy access savings ('Select Account'), ISA ('Cash ISA') and fixed savings ('Fixed Rate Saver' or 'Fixed Term Deposit Account') accounts all require a visit to a branch in NI to open them.

However it does seem that you can apply for a credit card online (https://aibni.co.uk/our-products/credit-cards). There are options to call them or post a printed application form for the 'Options One' and 'Options Two' cards.

There is also a form to register for online service (https://aibni.co.uk/personal-docs/ways-to-bank/online-apply-website.pdf) which asks you to provide a bank account or credit card number (presumably for an AIB account of course!). This would imply that holding a credit card will entitle you to request an online account.

Once you have that online customer profile you should then theoretically be able to apply for the Regular Saver via the online account.

Assuming that getting to a branch in NI is not easy for you it doesn't appear there is a simple method, the above is quite a bit more convoluted than seems reasonable for a 6% variable account.

Happy to be proven wrong though!

Can't think why anyone would want to put a full credit search on their record as an enabler to opening an average RS a/c with an Irish bank where banks are years behind those of Britain. Would anyone really be that desperate?

That's a bit dismissive of the 2M people who live in NI, looks like you can run this account via a branch with no need for a current account/hard credit check. 

6% on £500/month is a decent proffer./

Well you've certainly taken that out of context and totally misunderstood !! Current accounts ?

I'll try to explain it to you.

If you are able to visit a branch of AIB then you can open/maintain a regular savings account. 

Does it metion this in the terms?

Would you reckon if i can visit a branch, its possible to open the RS alone?

Then maybe possible to make payments from non AIB current acc

T&Cs here

https://aibni.co.uk/personal-docs/our-products/savings-and-deposits/regular-saver/regular-saver-terms-conditions.pdf

I've just (re-)read them and I think I was incorrect, The RS requires a current account regardless of application method.

It could also be an AIB savings account, called Select Account, as the terms state On opening the Account you must set up a Regular Saver Lodgement from a suitable nominated Payment Account which must be a AIB (NI) Current Account or an eligible AIB (NI) Select Account. If you are a new Customer or do not already have a suitable AIB (NI) Account, we recommend that a Select Account be opened as your Payment Account.

But it must be an AIB account that can only be opened in Branch.

Wheres_My_Cashback

flaneurs_lobster said:

Wheres_My_Cashback said:

flaneurs_lobster said:

Wheres_My_Cashback said:

dcs34 said:

Pkman said:

Just to confirm, no one found an easy way to open aib rs for new customer???

It seems you need to have an existing online customer profile and hence need to have opened another product first.

The current account ('Classic Account'), easy access savings ('Select Account'), ISA ('Cash ISA') and fixed savings ('Fixed Rate Saver' or 'Fixed Term Deposit Account') accounts all require a visit to a branch in NI to open them.

However it does seem that you can apply for a credit card online (https://aibni.co.uk/our-products/credit-cards). There are options to call them or post a printed application form for the 'Options One' and 'Options Two' cards.

There is also a form to register for online service (https://aibni.co.uk/personal-docs/ways-to-bank/online-apply-website.pdf) which asks you to provide a bank account or credit card number (presumably for an AIB account of course!). This would imply that holding a credit card will entitle you to request an online account.

Once you have that online customer profile you should then theoretically be able to apply for the Regular Saver via the online account.

Assuming that getting to a branch in NI is not easy for you it doesn't appear there is a simple method, the above is quite a bit more convoluted than seems reasonable for a 6% variable account.

Happy to be proven wrong though!

Can't think why anyone would want to put a full credit search on their record as an enabler to opening an average RS a/c with an Irish bank where banks are years behind those of Britain. Would anyone really be that desperate?

That's a bit dismissive of the 2M people who live in NI, looks like you can run this account via a branch with no need for a current account/hard credit check. 

6% on £500/month is a decent proffer./

Well you've certainly taken that out of context and totally misunderstood !! Current accounts ?

I'll try to explain it to you.

If you are able to visit a branch of AIB then you can open/maintain a regular savings account. 

If you are unable to visit a branch of AIB then you will require an online account to open/maintain a regular savings account. Such online access is available to those who have a current account or credit card account. 

Such accounts are only available by personal application at a branch (but see above for a possible application by mail for the credit card).

Thus residents of Northern Ireland are at a considerable advantage should they wish to apply for this RS. I don't think that they have to be "desperate". I don't know on what criteria you judge "Irish banks" to be "years behind those of [Great] Britain"

Which part of your post have I not understood? Which part have I taken out of context?

And I'll explain to you. it was quite simple really.  The ongoing earlier thread chat and what I replied to was the chat over whether there was a workaround to get the RS if you weren't able to get to a branch, in other words because you weren't in NI. I never mentioned ANY resident of NI being desperate, you did.
It was suggested you could get a credit card (hard credit search) first to have an online presence and then be able to open the RS which I think is a desperate measure to get a bang average RS that is clearly aimed at the NI market only and not people looking for back door ways in from Britain.

As for criteria on Irish banks, it's down to my personal past experience with 3 of Irelands top 4 banks and that of hundreds of posts here who have complained about Bank Of Ireland (Post Office) / Ulster Bank.

francoghezzi

Maybe a stupid question, but ... why Gatehouse bank Regular Saver is not mentioned in the MSE Regular savers account list?

dcs34

francoghezzi said:

Maybe a stupid question, but ... why Gatehouse bank Regular Saver is not mentioned in the MSE Regular savers account list?

Presumably because it pays "expected profit" rather than interest, so sits in that category, so may not want to 'recommend' it in quite the same way.

Or because the list isn't updated frequently enough to pick it up?

allegro120

dcs34 said:

francoghezzi said:

Maybe a stupid question, but ... why Gatehouse bank Regular Saver is not mentioned in the MSE Regular savers account list?

Presumably because it pays "expected profit" rather than interest, so sits in that category, so may not want to 'recommend' it in quite the same way.

Or because the list isn't updated frequently enough to pick it up?

Well, in the past sharia accounts were listed and I can't see why this should change.  I don't know the answer, but I think the absence of GH RS is due to slow updating.

happybagger

Stafford Railway BS
Had an email from them extolling the benefits of continuing to save in their Regular Saver account. Interesting that they now state that it has 'no current specified end date'. First time I've seen them use the word 'current' and I wonder whether they are considering a change.