Regular Savings Accounts: The Best Currently Available List!

adindas

colsten said:

liamcov said:

JamesRobinson48 said:

Virgin Money has just released a new Regular E-Saver (18th issue).  This pays 1.00% fixed, and looks much the same as the 17th issue, other than dates being pushed back two months.

Has anyone been tempted by these 1% offerings?

Nope, not me.

Not as long as I can get 2.75%, 1.85%, 1.5% and 1.2% in regular savers. Or 2% in Virgin Money current accounts, 1.5% in TSB current accounts, or an effective 1.2% in Halifax current accounts, or 1.15% in NS&I [and in my trusty Al Rayan], or 1.21% fixed for a year..........

I have got a reasonable number of Virgin money RSAs. I have also got Virgin Money Credit Card with a good credit limit.

But My application with Virgin Money Current AC got referred and after referral, got rejected back a few months ago and I did not ask for an overdraft. I think it might be because it is now under the Clydesdale/Yorkshire management. In the past I got rejected with Clydesdale/Yorkshire current account application and it might be the same underwriter who make the decision with my Virgin Money AC application.

It seems now opening a  saving account, bank account without an overdraft is a kind of potluck. You will never know who will make decision on your case.

surreysaver

veryintrigued said:

10_66 said:

veryintrigued said:

...I guess it's one of those that we are keen to know but not keen to highlight to MBS!

I'm afraid they already know, I asked for clarification before opening the account back in April and they confirmed that once the account's been withdrawn from market, no more payments can be made into it.  I guess standing orders etc would be bounced back, I'm not sure about that.

Monmouthshire Saver Plus

 Ahhh they best hurry up with officially notifying us (that it's off sale) as I guess most of us will have payments leaving our accounts on the 1st and bouncing, upto £1000, payments back isn't terribly desirable.

Screenshots of the Key Product Information and Terms and Conditions leaflet as previously discussed.

The way I understand the T&Cs, is that you can still make a monthly payment after the product has been withdrawn, but not additional payments on top of the monthly payment.  I have had monthly £20 SOs going in, and top up £980 when I have the cash available each month.  This month my £980s went in on 18th, so they may have just scraped in before the products were withdrawn?  I may have to increase the Standing Orders to £1k, or just manually fund them each month.
But like someone said, they need to notify us that the product has been withdrawn, so people know to stop making additional payments...

Wheres_My_Cashback

Triodos Fixed Reg Saver
For those who have one already... Just opened one and wanting to make first deposit. Is there a generic account to fund or is it your own personal a/c nbr and sort code 165810? CS not open weekends  TIA

soulsaver

Wheres_My_Cashback said:

Triodos Fixed Reg Saver
For those who have one already... Just opened one and wanting to make first deposit. Is there a generic account to fund or is it your own personal a/c nbr and sort code 165810? CS not open weekends  TIA

Your own ac number..

MDMD

surreysaver said:

veryintrigued said:

10_66 said:

veryintrigued said:

...I guess it's one of those that we are keen to know but not keen to highlight to MBS!

I'm afraid they already know, I asked for clarification before opening the account back in April and they confirmed that once the account's been withdrawn from market, no more payments can be made into it.  I guess standing orders etc would be bounced back, I'm not sure about that.

Monmouthshire Saver Plus

 Ahhh they best hurry up with officially notifying us (that it's off sale) as I guess most of us will have payments leaving our accounts on the 1st and bouncing, upto £1000, payments back isn't terribly desirable.

Screenshots of the Key Product Information and Terms and Conditions leaflet as previously discussed.

The way I understand the T&Cs, is that you can still make a monthly payment after the product has been withdrawn, but not additional payments on top of the monthly payment.  I have had monthly £20 SOs going in, and top up £980 when I have the cash available each month.  This month my £980s went in on 18th, so they may have just scraped in before the products were withdrawn?  I may have to increase the Standing Orders to £1k, or just manually fund them each month.
But like someone said, they need to notify us that the product has been withdrawn, so people know to stop making additional payments...

I think you might be right there, from reading the terms it seems that the account is open ended so in theory can continue for a while

Speculator

MDMD said:

surreysaver said:

veryintrigued said:

10_66 said:

veryintrigued said:

...I guess it's one of those that we are keen to know but not keen to highlight to MBS!

I'm afraid they already know, I asked for clarification before opening the account back in April and they confirmed that once the account's been withdrawn from market, no more payments can be made into it.  I guess standing orders etc would be bounced back, I'm not sure about that.

Monmouthshire Saver Plus

 Ahhh they best hurry up with officially notifying us (that it's off sale) as I guess most of us will have payments leaving our accounts on the 1st and bouncing, upto £1000, payments back isn't terribly desirable.

Screenshots of the Key Product Information and Terms and Conditions leaflet as previously discussed.

The way I understand the T&Cs, is that you can still make a monthly payment after the product has been withdrawn, but not additional payments on top of the monthly payment.  I have had monthly £20 SOs going in, and top up £980 when I have the cash available each month.  This month my £980s went in on 18th, so they may have just scraped in before the products were withdrawn?  I may have to increase the Standing Orders to £1k, or just manually fund them each month.
But like someone said, they need to notify us that the product has been withdrawn, so people know to stop making additional payments...

I think you might be right there, from reading the terms it seems that the account is open ended so in theory can continue for a while

I've have issue 2 of this account for over 10 years and have been paying £20 monthly by Direct Debit (not standing order) without any problems. 

Special_Saver2

Hi Everybody,

Here is this weekend's update to this thread.

- Monmouthshire BS Saver Plus (Issue 3) withdrawn
- Monmouthshire BS Christmas Saver withdrawn
- Monmouthshire BS Regular Saver Bond (Issue 4) added to post 4 paying 1.5% fixed on up to £250 per month for 12 months
- Virgin Money Regular E-Saver issue 17 replaced with issue 18, same details as before (1% fixed on up to £250 per month for 12 months) but maturity date of issue 18 is 20th September 2021

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Contador38

RE Monmouthshire Issue 3,
I have always deposited via Faster Payments, but it is shown on my statement as
Standing Order.

where_are_we

Thanks for posting the 1.5% Monmouthshire RSB issue 4. Myself and Oh have applied. Hopefully get the account details quickly in order to get £250 first deposit in before the end of the month and then 11 SO`s starting 1/9/20. It is a bit disconcerting that the Saver Plus Issue 3 opened in April shows an interest rate of .2% and no mention of the fixed bonus of 1% until 31/3/21. It would be nice to know for certain that the interest rate is 1.2% so long as T&Cs are met!

SuperHans1

where_are_we said:

It is a bit disconcerting that the Saver Plus Issue 3 opened in April shows an interest rate of .2% and no mention of the fixed bonus of 1% until 31/3/21. It would be nice to know for certain that the interest rate is 1.2% so long as T&Cs are met!

I've just logged in to my Monmouthshire account and this is the first time that I have noticed that the rate is displayed as .2%. I assume this has been the case since the account was opened. I only put the minimum in and so I've not been too concerned about this account.