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Regular Savings Accounts: The Best Currently Available List!

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  • surreysaver
    surreysaver Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Dizzycap said:
    I finally managed to get the YBS Christmas Saver Opened. what a mess up with all the verification rubbish. It's been going on for 10 days :o. Anyway, loaded up £150 for this month and another £150 at the beginning of February.

    Coventry has launched another RS issue @ 5% but not opened as I've got others on the go at higher interest rates. Plus, I've already got 2 Coventry RS @ 5.5% with one about to mature.
    How did you manage to have two 5.5% regular savers with Coventry?
    Was it the Coventry who did a sweep a couple of years ago and closed the accounts of those who had multiple issues of the same regular saver?
    I consider myself to be a male feminist. Is that allowed?
  • Dizzycap said:
    I finally managed to get the YBS Christmas Saver Opened. what a mess up with all the verification rubbish. It's been going on for 10 days :o. Anyway, loaded up £150 for this month and another £150 at the beginning of February.

    Coventry has launched another RS issue @ 5% but not opened as I've got others on the go at higher interest rates. Plus, I've already got 2 Coventry RS @ 5.5% with one about to mature.
    How did you manage to have two 5.5% regular savers with Coventry?
    Was it the Coventry who did a sweep a couple of years ago and closed the accounts of those who had multiple issues of the same regular saver?
    It was indeed

    I was one
  • gelato_cat
    gelato_cat Posts: 2,970 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 29 January 2024 at 7:29PM
    @Special_Saver2, thanks for all your hard work.

    I just noticed on the Chorley site that the regular saver in your section 4 is no longer available and seems to have been replaced by this one with similar rules.  They need to receive the first deposit by 31st January and it matures on 31st December:

    https://www.chorleybs.co.uk/saving/regular-saver-31-12-24/

    I’m a Forum Ambassador and I support the Forum Team on the Savings & Investments, Small Biz MoneySaving and House Buying, Renting & Selling boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the Report button, or by e-mailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • HHUK
    HHUK Posts: 244 Forumite
    Part of the Furniture 100 Posts Savvy Shopper! Photogenic
    Bridlington1 said:

    Though you only need to do this if you're applying as a new customer, if you're an existing customer sending ID isn't necessary.
    Furness Christmas Regular Saver Issue 1

    I was pleasantly surprised to receive a passbook today confirming that my Christmas Regular Saver account has been opened. 

    I am completely new to Furness, and had requested an application pack via a message on their website. I duly completed and returned the application form, together with a cheque for £1 and an ordinary - ie, not certified - copy of my ID. My cheque was dated 11 January and cleared on 24 January. The initial deposit of £1 is shown in the passbook as having reached the Furness account on 23 January.

    Not having submitted original or certified copies of my ID, I was fully expecting my application to be rejected. I now need to decide whether and how to use the account, register for online access, etc.
  • where_are_we
    where_are_we Posts: 1,222 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Furness are a reputable Building Society that uses passbooks. In effect the Xmas RS1 can be used as easy access RS with one penalty withdrawal allowed each year. You must make a deposit of at least £1 each month up to the maximum of £500. Lets hope the 6% variable doesn`t drop soon.
  • Speculator
    Speculator Posts: 2,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

    Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.
  • can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

    Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.
    External works from memory, internal transfers are next day.
    The first one that is.
  • Furness are a reputable Building Society that uses passbooks. In effect the Xmas RS1 can be used as easy access RS with one penalty withdrawal allowed each year. You must make a deposit of at least £1 each month up to the maximum of £500. Lets hope the 6% variable doesn`t drop soon.
    It's a reasonable account to have just now but with just one withdrawal a year, I would not use the term easy access but more of an emergency brake if the dodo hits the fan.
    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.
  • allegro120
    allegro120 Posts: 1,912 Forumite
    1,000 Posts Second Anniversary Name Dropper
    can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

    Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.
    I can confirm doing it in the past without any implications. I've opened a new one 2 days ago and funded it from external bank, payment came through immediately.
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