Regular Savings Accounts: The Best Currently Available List!

MarkFromCornwall

jameseonline said:

TSB Monthly Saver is only available for a year to my knowledge, so not sure what you mean by pay in for another year.

I based my comment on this line in my Halifax Regular Saver maturity letter:  "Your Regular Saver will reach its anniversary on 13th March 2024...  Your Regular Saver will automatically renew for another year and you can continue to make monthly payments into it."

jameseonline said:

Poster said it changed to an Easy Access because of maturity. 

Or perhaps the Regular Saver remained open and an additional Instant Saver account was opened and the funds from the Regular Saver's first year were moved into this Instant Saver account.

EDIT / CORRECTION / APOLOGY

Sorry.  Please ignore my comment as I was mixing up Halifax and TSB.

jameseonline

friolento said:

jameseonline said:

Coventry still doing the weird monthly payment thing then?, it's the only one that seems to do it for me.

First Direct is the same. Most others go by calendar month.

Yea😌, always at least 1 that has to put a spanner in the works🤣

CuparLad

MarkFromCornwall said:

I based my comment on this line in my Halifax Regular Saver maturity letter:  "Your Regular Saver will reach its anniversary on 13th March 2024...  Your Regular Saver will automatically renew for another year and you can continue to make monthly payments into it."

This was what my letter said too - renew. But when I tried to put £250 in the following day (when the old funds had transferred out), the app advised I had already subscribed fully for this month. Renew suggests starting again, but it seems as though I have to wait until 1st April

Bridlington1

jameseonline said:

friolento said:

jameseonline said:

Coventry still doing the weird monthly payment thing then?, it's the only one that seems to do it for me.

First Direct is the same. Most others go by calendar month.

Yea😌, always at least 1 that has to put a spanner in the works🤣

Make that three spanners. HSBC and Santander go by account month as well.

soulsaver

Bridlington1 said:

jameseonline said:

friolento said:

jameseonline said:

Coventry still doing the weird monthly payment thing then?, it's the only one that seems to do it for me.

First Direct is the same. Most others go by calendar month.

Yea😌, always at least 1 that has to put a spanner in the works🤣

Make that three spanners. HSBC and Santander go by account month as well.

Morphed into the spanner thread..?

ForumUser7

Shame Coventry doesn’t allow us to open accounts in app. Just went on there to try and open the loyalty RS and there was no option.

jameseonline

MarkFromCornwall said:

jameseonline said:

TSB Monthly Saver is only available for a year to my knowledge, so not sure what you mean by pay in for another year.

I based my comment on this line in my Halifax Regular Saver maturity letter:  "Your Regular Saver will reach its anniversary on 13th March 2024...  Your Regular Saver will automatically renew for another year and you can continue to make monthly payments into it."

jameseonline said:

Poster said it changed to an Easy Access because of maturity. 

Or perhaps the Regular Saver remained open and an additional Instant Saver account was opened and the funds from the Regular Saver's first year were moved into this Instant Saver account.

Ahh I get you now, I got Halifax & Club Lloyds ending today, my Bank Of Scotland one has a different end date which is bugging me because I opened & funded all 3 on the same day, no Biggie as the date is only a few days after

jameseonline

ForumUser7 said:

Shame Coventry doesn’t allow us to open accounts in app. Just went on there to try and open the loyalty RS and there was no option.

Yea but to be fair they haven't had an app long yet other well known building societies still don't have a savings app eg Principality (yet has other apps/games on Google play) & Leeds, that would be great for me if those two sorted themselves out 

crumpet_man

ForumUser7 said:

Shame Coventry doesn’t allow us to open accounts in app. Just went on there to try and open the loyalty RS and there was no option.

On the plus side, once logged in to online banking the application for regular saver is one of the quickest I have seen.  No need to input information and just a couple of tick boxes and it's done.  Must have taken less than one minute to open and fund the account.

jameseonline

soulsaver said:

Bridlington1 said:

jameseonline said:

friolento said:

jameseonline said:

Coventry still doing the weird monthly payment thing then?, it's the only one that seems to do it for me.

First Direct is the same. Most others go by calendar month.

Yea😌, always at least 1 that has to put a spanner in the works🤣

Make that three spanners. HSBC and Santander go by account month as well.

Morphed into the spanner thread..?

But then do you actually count First Direct and HSBC as separate spanners or the same spanner 🤔😏🤷🤣😁