Regular Savings Accounts: The Best Currently Available List!

Angelica123

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

I guess the point @where_are_we was making about Principality is that it allows early closure so in essence could be used almost like an easy-access savings account. The downside of FD is that if you close early, you get interest at their standard savings account rate. 

I already have TSB and FD regular savers. I too have opened a Principality reg saver £1. At the moment, it doesn't make sense to fund it, as I have enough reg saver with higher rates (+fixed bonds) that will mature in 2024 and put me close to PSA in 2024/2025. So I will only fund it if a) my variable rate reg savers such as NW drop lower than 5.5% or b) my cash ISA rates drop low enough that I earn more interest drip-feeding into Principality (and paying the extra tax) than being kept in my ISA. 

Kim_13

I would have opened the TSB if I hadn’t sacrificed my Current Account with them for a switch (due to Tesco Bank blocking switches at the time.) When I opened it they requested ID as is their right, and it wasn’t a problem as I had three branches I could reasonably get to at the time. Now there are none, I’m not risking opening another (and my login details don’t work despite still having a zero balance Easy Access savings account - unless that’s been automatically closed.)

Bridlington1

Principality will be launching a 2 Year Healthy Habits Saver Bond at 6% (£50 max per month, early closure permitted)

flaneurs_lobster

Bridlington1 said:

Principality will be launching a 2 Year Healthy Habits Saver Bond at 6% (£50 max per month, early closure permitted)

Now up on website

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Healthy-Habits-regular-saver-bond

Bridlington1

flaneurs_lobster said:

Bridlington1 said:

Principality will be launching a 2 Year Healthy Habits Saver Bond at 6% (£50 max per month, early closure permitted)

Now up on website

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Healthy-Habits-regular-saver-bond

Account open and funded. Also I've just managed to open and fund the Maturity Winter Regular Saver Bond at 6.25% whilst I was at it despite having closed the Christmas Regular Saver in August so not being eligible. The application link can be found below:
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6090#!

silvercar

Coventry BS reg saver set up within 2 minutes, as existing customer. Another minute to set up standing order from my bank account. I know that 5.5% variable isn't the best rate, but for £500 a month the effort involved was minimal. Slightly annoyed the website crashed a few days ago when I was trying to open the 7% offer.

Bigwheels1111

flaneurs_lobster said:

Bridlington1 said:

Principality will be launching a 2 Year Healthy Habits Saver Bond at 6% (£50 max per month, early closure permitted)

Now up on website

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Healthy-Habits-regular-saver-bond

Can I fund today and again on the 1st of the month or 21st.

Just called and I can pay on the first as well.

flaneurs_lobster

Bigwheels1111 said:

flaneurs_lobster said:

Bridlington1 said:

Principality will be launching a 2 Year Healthy Habits Saver Bond at 6% (£50 max per month, early closure permitted)

Now up on website

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Healthy-Habits-regular-saver-bond

Can I fund today and again on the 1st of the month or 21st.

It's well hidden in the T&Cs but funding limits are per calendar month so funding from 1st OK.

flaneurs_lobster

Having opened (and funded) the Principality RS 33 this AM as a new customer, it seems that I will have to wait for full online access to be activated (needs code sent by mail) before I can open further accounts. 

Could probably weasel around the restriction but would end up with two online User IDs and that way lies madness.

Wheres_My_Cashback

Bridlington1 said:

flaneurs_lobster said:

Bigwheels1111 said:

flaneurs_lobster said:

Bridlington1 said:

Principality will be launching a 2 Year Healthy Habits Saver Bond at 6% (£50 max per month, early closure permitted)

Now up on website

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Healthy-Habits-regular-saver-bond

Can I fund today and again on the 1st of the month or 21st.

It's well hidden in the T&Cs but funding limits are per calendar month so funding from 1st OK.

Although if I'm not mistaken with Principality if funds received on a non-working day, they will be treated as having been received on the next working day so it may be worth waiting until 2/1/24 before making your second deposit.

PBS payments are marked as the day received in the transaction list whether that be weekday/weekend.