Regular Savings Accounts: The Best Currently Available List!

RosieRooBear

Update on Skipton R/S, have just had a call back from Skipton and there’s an issue with all payments made around the time I made mine (00:30), so in future I’ll make payments during the normal day 😂. They haven’t resolved it yet but when they do the payment will be applied from 1st March so no loss of interest which was good to hear 😊

Hattie627

Re the conundrum as to whether the Co-op Bank RS is variable or fixed interest.....

I agree with the poster who said that the T and C's (which state that the rate is variable) overrule anything to the contrary in correspondence. If the rate drops, then (assuming the drop is in accordance with the general T and C's for a variable rate savings account rate drop) the new rate must apply.

However, a saver would surely have cause for complaint that correspondence sent immediately after opening the account was wrong and misleading, with possible compensation. Hence,  suggestion to keep the correspondence.

Some would argue that a complaint (and acceptance of compensation) would be unethical. I would argue otherwise. 

subjecttocontract

It's only £250 a month so the interest paid if rates drop 1% or 2% is small and I have my doubts that rates will fall that much over the next 12 months.. I'm sure we've all got larger sums in variable rate accounts that would matter far more than this tiddler.

Bobblehat

RosieRooBear said:

Skipton R/S, phoned them just now and as @Bobblehat has said, there is an issue with some payments made on 1st March. Mine was a manual payment that I made at 00:30 on 1st March from Barclays. I was told the issue is with payments made from Barclays but unsure whether it’s Barclays or Skiptons which has caused the problem. They’re hoping to have it fixed by the end of the day 🤷🏼‍♀️

Seems to have been partially solved! Mine now showing as received on 4th March. I was hoping for it to show 1st March (which is when the SO left in the morning!), so will go back on chat tomorrow and try for it to be backdated.

RosieRooBear

Bobblehat said:

RosieRooBear said:

Skipton R/S, phoned them just now and as @Bobblehat has said, there is an issue with some payments made on 1st March. Mine was a manual payment that I made at 00:30 on 1st March from Barclays. I was told the issue is with payments made from Barclays but unsure whether it’s Barclays or Skiptons which has caused the problem. They’re hoping to have it fixed by the end of the day 🤷🏼‍♀️

Seems to have been partially solved! Mine now showing as received on 4th March. I was hoping for it to show 1st March (which is when the SO left in the morning!), so will go back on chat tomorrow and try for it to be backdated.

Mine’s showing too with the date 4th March, I will also be contacting them tomorrow to get it backdated as that’s what my voicemail message informed me, and have kept it for proof. All for £0.14, but it’s the principle 😂

Bobblehat

RosieRooBear said:

Bobblehat said:

RosieRooBear said:

Skipton R/S, phoned them just now and as @Bobblehat has said, there is an issue with some payments made on 1st March. Mine was a manual payment that I made at 00:30 on 1st March from Barclays. I was told the issue is with payments made from Barclays but unsure whether it’s Barclays or Skiptons which has caused the problem. They’re hoping to have it fixed by the end of the day 🤷🏼‍♀️

Seems to have been partially solved! Mine now showing as received on 4th March. I was hoping for it to show 1st March (which is when the SO left in the morning!), so will go back on chat tomorrow and try for it to be backdated.

Mine’s showing too with the date 4th March, I will also be contacting them tomorrow to get it backdated as that’s what my voicemail message informed me, and have kept it for proof. All for £0.14, but it’s the principle 😂

At least you have proof! Agree, it's about them getting it right, not just getting them to coughing up the 14p!

RosieRooBear

@Bobblehat, you can use my proof too if needed, or at least quote it 😊

surreysaver

BestSeagull said:

My TSB regular saver has matured and I'm thinking about opening a new one. I seem to remember some of you saying you had managed to fund yours manually even though the terms and conditions dictate that it needs to be funded by standing order. I'd much prefer to do it manually if possible.
Can anyone confirm? 

I fund mine manually. The previous Regular Saver I had with TSB set up two standing orders, and TSB blamed me when one failed even though it was their computer systems that caused it

surreysaver

Descrabled said:

TSB RS

I can confirm that, notwithstanding T&C, you can and I do fund this account manually from a TSB account, but you need to set up a new payee in the TSB current account. Additionally, you can fund the RS from an external current account by faster payments and/or standing order.

With mine I can just do an internal transfer. But then TSB computer systems are weird. I have three current accounts with them - two are viewable in the app, but one isn't. 

Bobblehat

surreysaver said:

BestSeagull said:

My TSB regular saver has matured and I'm thinking about opening a new one. I seem to remember some of you saying you had managed to fund yours manually even though the terms and conditions dictate that it needs to be funded by standing order. I'd much prefer to do it manually if possible.
Can anyone confirm? 

I fund mine manually. The previous Regular Saver I had with TSB set up two standing orders, and TSB blamed me when one failed even though it was their computer systems that caused it

A tactic I might switch to myself, if Skipton repeat their latest glitch next month!