Regular Savings Accounts: The Best Currently Available List!

Kim_13

Just opened the Coventry Loyalty Issue 2, as until this week I hadn’t opened any RS’s since January. I opened a Halifax one a few days ago, as looking at the rate history, they did change the rate at the beginning of the tax year a few years ago. It had been over a year since I opened my last with them (launch of 5.5% closed early to go into a fix) and didn’t want to miss the 5.5% boat. Won’t be fully funding either for the time being but it’s useful to have some maturity dates later than January 2025 and over different tax years.

I had passed on the Issue 1, due to having Monmouthshire and YBS at the same rate with better terms.

surreysaver

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

csw5780

surreysaver said:

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

Opened and funded 👍🏻

allegro120

surreysaver said:

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

Maybe they meant ONE Regular Saver of the same issue? I don't know, but I've opened and funded issue 2, their system didn't stop me having two regular savers.

surreysaver

allegro120 said:

surreysaver said:

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

Maybe they meant ONE Regular Saver of the same issue? I don't know, but I've opened and funded issue 2, their system didn't stop me having two regular savers.

That's how I shall interpret the T&Cs is the systems have allowed it. After all, the website doesn't say "...of all issues"

surreysaver

csw5780 said:

surreysaver said:

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

Opened and funded 👍🏻

Excellent. Thanks for your response!

liamcov

allegro120 said:

surreysaver said:

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

Maybe they meant ONE Regular Saver of the same issue? I don't know, but I've opened and funded issue 2, their system didn't stop me having two regular savers.

Which account is this?

ircE

Co-op RS @ 7%

Appreciate I'm late to the party here. I'm an existing Co-op Bank customer. Applied online for the RS on Sunday. It's now been 4 working days and still don't see the account in the app, nor have I received any communication except the initial confirmation of application email. Is this typical of others' experience? How long should I wait before calling them?

Bridlington1

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

I'm yet to fund the account. With it being one I've opened speculatively and the account term not beginning until the date of first deposit I decided to wait until later this month before sending my £1 across to it. It still shows in online banking and I've had an email recently reminding me to fund it though.

liamcov said:

allegro120 said:

surreysaver said:

chris_the_bee said:

surreysaver said:

Bridlington1 said:

liamcov said:

Has the new Gatehouse account launched? Can you hold both regular saver accounts?

Yes it has been launched. Their terms seem to be a little unclear about this point but I've just been able to open issue 2 of their regular saver a despite already holding issue 1. I've yet to fund issue 2 though.

Hi @Bridlington1

Have you funded Issue 2 without any issues yet? Now we're in a new tax year, its probably worth me opening some 5%+ regular savers now, and this one is on my list to open, but I've got an Issue 1 already 

Their website does say
"To apply for an account you must be at least 18 years old, a UK resident (or resident in the UK for tax purposes). Only individuals can open an account and only ONE Regular Saver account is allowed per person. Joint accounts are not permitted. When your account matures at the end of the 12 month term, you may open a new Regular Saver account, subject to availability at that time."

Indeed. That's why I'm after knowing the experiences of those who have preceded me

Maybe they meant ONE Regular Saver of the same issue? I don't know, but I've opened and funded issue 2, their system didn't stop me having two regular savers.

Which account is this?

https://www.gatehousebank.com/personal/savings/regular-saver/our-regular-saver-account-issue-two

jameseonline

ircE said:

Co-op RS @ 7%

Appreciate I'm late to the party here. I'm an existing Co-op Bank customer. Applied online for the RS on Sunday. It's now been 4 working days and still don't see the account in the app, nor have I received any communication except the initial confirmation of application email. Is this typical of others' experience? How long should I wait before calling them?

The short answer is they can't cope with demand.

For various experiences this might be useful?:

https://forums.moneysavingexpert.com/discussion/6508559/co-op-regular-saver-not-appearing-in-online-banking/p1