Regular Savings Accounts: The Best Currently Available List!

OneUser1

What’s the general feeling regarding existing Nationwide Start to Save Issue 2 accounts now the prize draw is presumably finished. Are people closing theirs? Reducing the balance to the minimum but keeping it alive? Or did everyone other than me get in so early their two years are already up?

Stargunner

Section62 said:

Hattie627 said:

gele said:

I applied for the co-op regular saver just over1 hour ago and have received email to say application  successful. Well done Co-op.

True. But no account details yet, so can't pay in. Others eg YBS, LBG much quicker.

And only having the 'employment' options of 'Full-time', 'Part-time', 'Self-employed', 'Unemployed', 'Retired' would suggest the self-styled ethical bank have never heard of the rest of us.

What other options would you like them to offer, because surely one of those would apply to everyone.

Hattie627

OneUser1 said:

What’s the general feeling regarding existing Nationwide Start to Save Issue 2 accounts now the prize draw is presumably finished. Are people closing theirs? Reducing the balance to the minimum but keeping it alive? Or did everyone other than me get in so early their two years are already up?

Mine doesn't finish its 2 year stint until June. I'd be interested in thoughts on this, too.
Has anyone heard that they won in the Feb draw? Does no notification so far mean hard luck?

AmityNeon

myth123 said:

Stargunner said:

Bridlington1 said:

Co-op Regular Saver has been launched at 7% as advertised:
https://www.co-operativebank.co.uk/products/savings/regular-saver/

• Have the account for a 12 month term – the 12 months will start from the date we accept your first deposit

This could be useful for some that want to delay the end date, as you have up to 30 days from account  opening to make your first deposit.

This is good to know, ideally I want to push the end date into the next tax year.

7th March at the earliest, or 8th March if you want to be safe (which would also align with interest being paid on Monday 7th April 2025, the first day that interest can be received in the new tax year).

Rudyson

OneUser1 said:

What’s the general feeling regarding existing Nationwide Start to Save Issue 2 accounts now the prize draw is presumably finished. Are people closing theirs? Reducing the balance to the minimum but keeping it alive? Or did everyone other than me get in so early their two years are already up?

If they repeat their fairer share payment from last year, with similar conditions, it may be a useful account to keep, unless you qualify with other accounts you have with them

OneUser1

Rudyson said:

OneUser1 said:

What’s the general feeling regarding existing Nationwide Start to Save Issue 2 accounts now the prize draw is presumably finished. Are people closing theirs? Reducing the balance to the minimum but keeping it alive? Or did everyone other than me get in so early their two years are already up?

If they repeat their fairer share payment from last year, with similar conditions, it may be a useful account to keep, unless you qualify with other accounts you have with them

I have the 8% Regular Saver plus a current account so I’m hoping I would be covered.

castle96

Has the Skipton 7% fixed gone ?

JamesRobinson48

Stargunner said:

And only having the 'employment' options of 'Full-time', 'Part-time', 'Self-employed', 'Unemployed', 'Retired' would suggest the self-styled ethical bank have never heard of the rest of us.

What other options would you like them to offer, because surely one of those would apply to everyone.

Student?  Homemaker? Economically inactive due to a disability?

subjecttocontract

Hattie627 said:

gele said:

I applied for the co-op regular saver just over1 hour ago and have received email to say application  successful. Well done Co-op.

True. But no account details yet, so can't pay in. Others eg YBS, LBG much quicker.

I've opened the new Co-Op reg saver. You don't necessarily need the details right now.....  I was able to set up a standing order with the co-op at the same time I applied for the reg saver account. I can now forget about it for the next 12 months as the bank will pay my monthly deposits.

OneUser1

castle96 said:

Has the Skipton 7% fixed gone ?

Still on the Skipton Website when I looked a moment ago - 14hrs 22/2/2024