Regular Savings Accounts: The Best Currently Available List!

subjecttocontract

Are there any regular saver accounts that can be opened in joint names ?

badger09

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

Sorry, can’t answer the question but I’m curious as to what the advantage would be. Other than being easier when one of the holders dies 

subjecttocontract

badger09 said:

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

Sorry, can’t answer the question but I’m curious as to what the advantage would be. Other than being easier when one of the holders dies 

That's exactly the reason I was asking. 
None of my regular savers are in joint names.

Bridlington1

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

You can filter the results on moneyfacts to show joint accounts only:
Select ``Full Search" and then ``Yes" to ``Only show joint accounts".

subjecttocontract

Many thanks for that info.....I'll take a look on Moneyfacts

Bridlington1

I haven't seen this one mentioned but Darlington BS have now launched a Regular eSaver at 4.2% variable for existing members.

I appreciate it isn't competitive at the moment but it has no maturity date, can be opened with £1 and ignored and their regular savers have been competitive in the past so it could possibly be one to open speculatively. Plus it allows deposits by debit card.

Kim_13

badger09 said:

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

Sorry, can’t answer the question but I’m curious as to what the advantage would be. Other than being easier when one of the holders dies 

Nationwide, Co-Op, TSB, Lloyds, YBS among others. Moneyfacts can be filtered to show this: https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?id=null&business-type=16&activity-type=null&investment-amount=50&investment-type=2&account-types=16&interest-paid-frequencies=null&terms=null&account-opening-methods=null&account-management-methods=null&notice-periods=null&include-notice-period=true&include-term=true&age=21&has-withdrawal-restrictions=2&existing-customers-only=2&is-shariaa=2&joint-account-only=1&quick-links-first=false

I suppose an advantage would be if you were allowed one sole and one joint, but as far as I know any account available as a joint precludes having both.

Unless it’s a means of having some of the interest apportioned to someone else for tax purposes.

chris_the_bee

Kim_13 said:

badger09 said:

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

Sorry, can’t answer the question but I’m curious as to what the advantage would be. Other than being easier when one of the holders dies 

Nationwide, Co-Op, TSB, Lloyds, YBS among others. Moneyfacts can be filtered to show this: https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/?id=null&business-type=16&activity-type=null&investment-amount=50&investment-type=2&account-types=16&interest-paid-frequencies=null&terms=null&account-opening-methods=null&account-management-methods=null&notice-periods=null&include-notice-period=true&include-term=true&age=21&has-withdrawal-restrictions=2&existing-customers-only=2&is-shariaa=2&joint-account-only=1&quick-links-first=false

I suppose an advantage would be if you were allowed one sole and one joint, but as far as I know any account available as a joint precludes having both.

Unless it’s a means of having some of the interest apportioned to someone else for tax purposes.

Stafford B/S (Ex SRBS) allows both.

• Each member can hold a maximum of one sole account and one joint account.

surreysaver

badger09 said:

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

Sorry, can’t answer the question but I’m curious as to what the advantage would be. Other than being easier when one of the holders dies 

Advantages would be
Split the tax liability
The other holder would retain the money in the account should one holder die
Both holders could operate the account
There's probably other advantages 

Nick_C

surreysaver said:

badger09 said:

subjecttocontract said:

Are there any regular saver accounts that can be opened in joint names ?

Sorry, can’t answer the question but I’m curious as to what the advantage would be. Other than being easier when one of the holders dies 

Advantages would be
Split the tax liability
The other holder would retain the money in the account should one holder die
Both holders could operate the account
There's probably other advantages 

And of course if one partner is a higher rate tax payer and the other is not, that would be a disadvantage.