Regular Savings Accounts: The Best Currently Available List!

jaypers

Frogletina said:

YBS Christmas regular saver is now ready to open. Very quick to do as an existing customer.

£150 a month until 31/10/2024, return of 6% gross/AER

Can you fund this from an existing Easy Access saver or does it have to be from an external nominated account? 

Hattie627

Yorkshire BS Christmas Regular e Saver 2024 (6%)

Opened and funded with £150. Can be closed early if the rate (variable) becomes uncompetitive. Terms same as last year's Xmas RS but slightly higher monthly payment allowed.

jaypers

YBS Christmas Saver - Opened and funded from an Easy Access. As deposits are allowed every ‘calendar month’ I presume that next one can be on 1st Feb? 

flaneurs_lobster

jaypers said:

YBS Christmas Saver - Opened and funded from an Easy Access. As deposits are allowed every ‘calendar month’ I presume that next one can be on 1st Feb? 

Yes it can.

Bigwheels1111

All set up and first payment made, SO for the 1st of Feb onward set up as well.

7 mins from start to finish for £52.

Got to double figures at last, 10 regular savers.

bristolleedsfan

Bigwheels1111 said:

All set up and first payment made, SO for the 1st of Feb onward set up as well.

7 mins from start to finish for £52.

Got to double figures at last, 10 regular savers.

Gain of £52.03 only applies if funds otherwise would have received 0.00 Interest if left in 0% account.

Bigwheels1111

bristolleedsfan said:

Bigwheels1111 said:

All set up and first payment made, SO for the 1st of Feb onward set up as well.

7 mins from start to finish for £52.

Got to double figures at last, 10 regular savers.

Gain of £52.03 only applies if funds otherwise would have received 0.00 Interest if left in 0% account.

The funds get easy access interest from Santander, its hard to work out the exact figure as saved amount changes

evey month, Plus its topped un when each RS matures and funds EA acount.

bristolleedsfan

Bigwheels1111 said:

bristolleedsfan said:

Bigwheels1111 said:

All set up and first payment made, SO for the 1st of Feb onward set up as well.

7 mins from start to finish for £52.

Got to double figures at last, 10 regular savers.

Gain of £52.03 only applies if funds otherwise would have received 0.00 Interest if left in 0% account.

The funds get easy access interest from Santander, its hard to work out the exact figure as saved amount changes

evey month, Plus its topped un when each RS matures and funds EA acount.

Stargunner said:

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It needs to be quick to do, because it will only earn you around £5 more than leaving the money in an easy access account

where_are_we

Yorkshire BS Xmas Saver @6% - If you cannot get a better return elsewhere then go for it and ignore the negative posts. One withdrawal allowed, therefore if they drop the rate you can empty it. Easy to set up if you have an online account although you can`t apply directly on their App - they direct you online. Beware new Yorkshire BS customers - you will have to send ID documents. Unusual in that it is a 10 month account with maturity 31/10/24. After initial FP deposit set up 9 SO`s from 1/2/24 to 1/10/24.

Wheres_My_Cashback

Stargunner said:

Frogletina said:

YBS Christmas regular saver is now ready to open. Very quick to do as an existing customer.

£150 a month until 31/10/2024, return of 6% gross/AER

It needs to be quick to do, because it will only earn you around £5 more than leaving the money in an easy access acvounr

However, it could be useful for starting a relationship with YBS if you don't already have one as they are one of the most prolific societies to offer loyalty accounts.
This is a short term RS with a low max monthly deposit so good for those with limited funds to save.
Also the £5 is at the current rate gap. As we all know rates are on the downward spiral, that gap may well widen in the next few months. I suspect EA rates will fall sharper than RS rates.