Regular Savings Accounts: The Best Currently Available List!

gt94sss2

tg99 said:

Thx gt94sss2. Instead, anyone know if it’s ok to just set it for the same working day? It means that the money might not be in there when First Direct first try and take it if in the early hours but I believe some banks automatically try again in the afternoon - and don’t charge any fee for the initial failed attempt- by which time it would be in there? My main current account seems to send out SO around 130am. Assume the same applies to HSBC Reg saver too? Thks.

Yes, that should be fine. It's what I do.

You'll may get an SMS in the morning, saying you are overdrawn but you can ignore that as long as they receive your SO that day.

gt94sss2

Bridlington1 said:

gt94sss2 said:

@Silver_Saver_2

Sorry, if I have missed it but I don't think https://www.aldermore.co.uk/savings-accounts/personal-savings-accounts/regular-saver-account/ is listed on the first page

The account only pays 5.25% variable, lasts a year and has a max deposit of £300/mth, so it wouldn't qualify for inclusion under the new criteria if I'm not mistaken. 

Also I think @Special_Saver2 deserves a touch of gold rather than silver after the work he/she has put in to maintaining this thread over the years.

Oh, I quite agree. I think it's more that I didn't see the revised criteria before posting..

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.