Regular Savings Accounts: The Best Currently Available List!

subjecttocontract

where_are_we said:

You can look on the Principality RS33 @5.5% Fixed as an easy access account with penalty free closure at any time. However you are restricted to saving £250 per calendar month. The best 1 year fix is 5.66% with metro bank. Rates are coming down and the RS33 @5.5% Fixed could soon become even more competitive, so opening one now with a £1 and then fully funding it, when better rates elsewhere are no longer available, makes good sense ("What have you got to lose" lyrics sung by Crosby Stills & Nash in "Judy Blue Eyes" comes to mind and reveals my age!)  Act now before it is replaced with an inferior RS34.

TSB monthly saver @ 6% fixed ......£250pcm
FD regular saver @ 7% fixed...£300pcm

kuepper

Thinking of the TSB 6% fixed for 12 mths but wondered can you close it at anytime and if you can do that or if you take money out before 12 months do you have to wait til the 12 months is up to get the interest that's accrued?

trickydicky14

subjecttocontract said:

where_are_we said:

You can look on the Principality RS33 @5.5% Fixed as an easy access account with penalty free closure at any time. However you are restricted to saving £250 per calendar month. The best 1 year fix is 5.66% with metro bank. Rates are coming down and the RS33 @5.5% Fixed could soon become even more competitive, so opening one now with a £1 and then fully funding it, when better rates elsewhere are no longer available, makes good sense ("What have you got to lose" lyrics sung by Crosby Stills & Nash in "Judy Blue Eyes" comes to mind and reveals my age!)  Act now before it is replaced with an inferior RS34.

TSB monthly saver @ 6% fixed ......£250pcm
FD regular saver @ 7% fixed...£300pcm

Which is great for those of us that have these bank accounts and if not, Principality is an easy option.

trickydicky14

kuepper said:

Thinking of the TSB 6% fixed for 12 mths but wondered can you close it at anytime and if you can do that or if you take money out before 12 months do you have to wait til the 12 months is up to get the interest that's accrued?

Yes you can take money out.

Middle_of_the_Road

trickydicky14 said:

subjecttocontract said:

where_are_we said:

You can look on the Principality RS33 @5.5% Fixed as an easy access account with penalty free closure at any time. However you are restricted to saving £250 per calendar month. The best 1 year fix is 5.66% with metro bank. Rates are coming down and the RS33 @5.5% Fixed could soon become even more competitive, so opening one now with a £1 and then fully funding it, when better rates elsewhere are no longer available, makes good sense ("What have you got to lose" lyrics sung by Crosby Stills & Nash in "Judy Blue Eyes" comes to mind and reveals my age!)  Act now before it is replaced with an inferior RS34.

TSB monthly saver @ 6% fixed ......£250pcm
FD regular saver @ 7% fixed...£300pcm

Which is great for those of us that have these bank accounts and if not, Principality is an easy option.

The only reason I have a TSB and FD current account is for the regular savers. They remain unused except for the monthly SO to fund the RS. 

Wheres_My_Cashback

kuepper said:

Thinking of the TSB 6% fixed for 12 mths but wondered can you close it at anytime and if you can do that or if you take money out before 12 months do you have to wait til the 12 months is up to get the interest that's accrued?

Yes, you can make withdrawals and yes, you can close at anytime and interest will be payable at that time.

subjecttocontract

I've taken money out of mine part way thru the year and reduced to £25pcm, which I think is the minimum monthly amount.

chris_the_bee

trickydicky14 said:

kuepper said:

Thinking of the TSB 6% fixed for 12 mths but wondered can you close it at anytime and if you can do that or if you take money out before 12 months do you have to wait til the 12 months is up to get the interest that's accrued?

Yes you can take money out.

And you can close it early and be paid the interest accrued, but if you do that, you have to wait 'till the 12 months is up  to open another one even if they launch one with a different interest rate.

trickydicky14

Middle_of_the_Road said:

trickydicky14 said:

subjecttocontract said:

where_are_we said:

You can look on the Principality RS33 @5.5% Fixed as an easy access account with penalty free closure at any time. However you are restricted to saving £250 per calendar month. The best 1 year fix is 5.66% with metro bank. Rates are coming down and the RS33 @5.5% Fixed could soon become even more competitive, so opening one now with a £1 and then fully funding it, when better rates elsewhere are no longer available, makes good sense ("What have you got to lose" lyrics sung by Crosby Stills & Nash in "Judy Blue Eyes" comes to mind and reveals my age!)  Act now before it is replaced with an inferior RS34.

TSB monthly saver @ 6% fixed ......£250pcm
FD regular saver @ 7% fixed...£300pcm

Which is great for those of us that have these bank accounts and if not, Principality is an easy option.

The only reason I have a TSB and FD current account is for the regular savers. They remain unused except for the monthly SO to fund the RS. 

Agreed I am much the same as you but for some having to meet stipulations from a lot of banks to set up a current account in the first place and then open a RS and having to keep the CA open for the duration of the RS makes it less attractive when you can just do the same with a building soc with no string attached. Me, I’ll jump through fire to get the best rates.

allegro120

kuepper said:

Thinking of the TSB 6% fixed for 12 mths but wondered can you close it at anytime and if you can do that or if you take money out before 12 months do you have to wait til the 12 months is up to get the interest that's accrued?

You get accrued interest at closure.