Regular Savings Accounts: The Best Currently Available List!

jim1999

Personally, I think it's firmly in the "possible, but not advisable" category.

pecunianonolet

Use Paypal and make 0.01 payments to a family member you trust via Friends & Family payment. You can do 99 transaction per day with the card. Make sure you have sufficient funds in the account as you otherwise make the transactions but not get anything transferred over. There is a risk of trouble by maxing out 99 a day over a few weeks to fill it up but it is doable. Used to do it while sitting in boring work tele conferences so the time was not entirely wasted.

fun4everyone

Bridlington1 said:

For double round ups on a large scale many just deposit into a savings account that allows debit card deposits

Thats interesting. Many years ago (around 12 i think), I found there was a limit on the amount of debit card transactions I could carry out per day on my card, around 14 or 15 of them. I hit it and called in to find out why I was being declined on doing more and was told about it. It did reset automatically at midnight.

I've never done more than 10 in a day per account since then, nor really had much reason to need to.

Nick_C

NatWest round ups - make small council tax payments on line for £2.01, £3.01 etc.  Keep the amounts unique so you can reconcile your accounts more easily.  (Your council / Capita will love you!) 

Kim_13

I did likewise, e.g. if there was an account I wanted to open with a provider that accepted debit card payments, I would use NatWest to secure it. I would also pay the odd pence off the end of a bill (only), as odd numbers annoy me unless roundups are involved. 

I had stopped funding/withdrawn from NatWest in favour of 7%+ accounts so am pretty much starting again as of this month.

allegro120

Bridlington1 said:

Kim_13 said:

Growingold said:

Bridlington1 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:

I didn't think there will be any more 6% offers from any providers, was surprised to see it.  Opened the account and funded straight away.  Only £50 pm and no 13th payment but every little helps to maximise the return.

Frogletina

Kim_13 said:

 
I had stopped funding/withdrawn from NatWest in favour of 7%+ accounts so am pretty much starting again as of this month.

I too have withdrawn and reduced funding Nat West and RBS to £1 month, as I need to push the interest into the next tax year. I will exceed my PSA this year again, so I'm funding my lowest interest rate RS accounts with the smallest amount that I can. 

Bigwheels1111

Having a brain fart here and now.

For the Principality, what name do I use, mine or Principality.

I know my acc no is the ref.

savethepandas

Bigwheels1111 said:

Having a brain fart here and now.

For the Principality, what name do I use, mine or Principality.

I know my acc no is the ref.

I used Principality Building Society, Santander checked it and accepted it.

jameseonline

Bigwheels1111 said:

Having a brain fart here and now.

For the Principality, what name do I use, mine or Principality.

I know my acc no is the ref.

For paying in you should select business, Principality Building Society, sort code, account number, reference number.

You'll see this info at end of application, in online account & in email