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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • Growingold
    Growingold Posts: 490 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Kazza242 said:
    According to Moneyfacts, Principality Building Society are launching a new account called, 1 Year Triple Access Regular Saver, paying 6.00%.

    Pay in £1 - £50 per month.  The maximum investment is £600.

    It permits 3 penalty-free withdrawals during the term of the account.  The account matures after one year.

    It will be available to open online and in branch.

    The account should appear amongst the list of accounts on the Principality BS webpage once launched, here.


    Also the 2Y HH RS at 6% appears to have disappeared from moneyfacts suggesting it will soon go NLA.

    EDIT: Application link for 1Y Triple Access RS now live:
    https://online.principality.co.uk/Originations/launchpage.aspx?productType=eSaver&productCode=9052#!
    Account not yet showing on their website though the link is active.  At the time of writing the Healthy Habits Saver Bond still showing on their website.  Maybe website will be updated later today.
  • Kim_13
    Kim_13 Posts: 3,514 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 18 April 2024 at 6:47AM
    Kazza242 said:
    According to Moneyfacts, Principality Building Society are launching a new account called, 1 Year Triple Access Regular Saver, paying 6.00%.

    Pay in £1 - £50 per month.  The maximum investment is £600.

    It permits 3 penalty-free withdrawals during the term of the account.  The account matures after one year.

    It will be available to open online and in branch.

    The account should appear amongst the list of accounts on the Principality BS webpage once launched, here.


    Also the 2Y HH RS at 6% appears to have disappeared from moneyfacts suggesting it will soon go NLA.

    EDIT: Application link for 1Y Triple Access RS now live:
    https://online.principality.co.uk/Originations/launchpage.aspx?productType=eSaver&productCode=9052#!
    Account not yet showing on their website though the link is active.  At the time of writing the Healthy Habits Saver Bond still showing on their website.  Maybe website will be updated later today.
    When I looked for the HH on launch it appeared during working hours of the day that it appeared on Moneyfacts.

    Will open one but intrigued to know whether it will be fixed or variable. Moneyfacts doesn’t show this as far as I can see.
  • Bridlington1
    Bridlington1 Posts: 3,891 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 18 April 2024 at 8:39AM
    Kim_13 said:
    Kazza242 said:
    According to Moneyfacts, Principality Building Society are launching a new account called, 1 Year Triple Access Regular Saver, paying 6.00%.

    Pay in £1 - £50 per month.  The maximum investment is £600.

    It permits 3 penalty-free withdrawals during the term of the account.  The account matures after one year.

    It will be available to open online and in branch.

    The account should appear amongst the list of accounts on the Principality BS webpage once launched, here.


    Also the 2Y HH RS at 6% appears to have disappeared from moneyfacts suggesting it will soon go NLA.

    EDIT: Application link for 1Y Triple Access RS now live:
    https://online.principality.co.uk/Originations/launchpage.aspx?productType=eSaver&productCode=9052#!
    Account not yet showing on their website though the link is active.  At the time of writing the Healthy Habits Saver Bond still showing on their website.  Maybe website will be updated later today.
    Will open one but intrigued to know whether it will be fixed or variable. Moneyfacts doesn’t show this as far as I can see.
    I opened and funded the account when I guessed the link. Interest rate is variable:

  • Bridlington1
    Bridlington1 Posts: 3,891 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Kazza242 said:
    According to Moneyfacts, Principality Building Society are launching a new account called, 1 Year Triple Access Regular Saver, paying 6.00%.

    Pay in £1 - £50 per month.  The maximum investment is £600.

    It permits 3 penalty-free withdrawals during the term of the account.  The account matures after one year.

    It will be available to open online and in branch.

    The account should appear amongst the list of accounts on the Principality BS webpage once launched, here.


    Now on their website:
    https://www.principality.co.uk/savings-accounts/everyday-savings-accounts/1-Year-Triple-Access-Regular-Saver
  • Stargunner
    Stargunner Posts: 1,000 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 18 April 2024 at 9:11AM
    Kazza242 said:
    According to Moneyfacts, Principality Building Society are launching a new account called, 1 Year Triple Access Regular Saver, paying 6.00%.

    Pay in £1 - £50 per month.  The maximum investment is £600.

    It permits 3 penalty-free withdrawals during the term of the account.  The account matures after one year.

    It will be available to open online and in branch.

    The account should appear amongst the list of accounts on the Principality BS webpage once launched, here.


    Now on their website:
    https://www.principality.co.uk/savings-accounts/everyday-savings-accounts/1-Year-Triple-Access-Regular-Saver
    I already have 2 x Principality Reg savers, but I will pass on this one, as due to the low deposit limits I cant see the point in opening one to earn £3 more in a year than just keeping the money in a 5.0% ea account.
  • pecunianonolet
    pecunianonolet Posts: 1,803 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Opened it last night when @Bridlington1 guessed the link but I now see that interest is paid on 1st Jan and is flexible. Was opening it so I can get interest paid next financial year as I was hoping it is paid annually on date of opening. Already maxed out PSA for this year so I am better off with an ISA. Will leave the account unfunded for them to close it automatically.

    "Interest is calculated on the money in the account each day and paid each year on 1 January"
  • Section62
    Section62 Posts: 10,000 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Kazza242 said:
    According to Moneyfacts, Principality Building Society are launching a new account called, 1 Year Triple Access Regular Saver, paying 6.00%.

    Pay in £1 - £50 per month.  The maximum investment is £600.

    It permits 3 penalty-free withdrawals during the term of the account.  The account matures after one year.

    It will be available to open online and in branch.

    The account should appear amongst the list of accounts on the Principality BS webpage once launched, here.


    Now on their website:
    https://www.principality.co.uk/savings-accounts/everyday-savings-accounts/1-Year-Triple-Access-Regular-Saver
    I already have 2 x Principality Reg savers, but I will pass on this one, as due to the low deposit limits I cant see the point in opening one to earn £3 more in a year than just keeping the money in a 5.0% ea account.
    The question is for how long will we still be getting 5% in those EA accounts?
  • happybagger
    happybagger Posts: 1,040 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Even if only for a few months, and even if BoE were inclined to make four reductions to 4.25% over the period of this account, the loss by not opening it would me minimal. A decent deposit limit would have persuaded me differently.


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