Regular Savings Accounts: The Best Currently Available List!

pokemaster

SonOfPearl said:

simonsmithsays said:

gt94sss2 said:

simonsmithsays said:

Skipton Member Saver 7.5% Maturity

As one of the account holders who haven't closed this early (and then opened up the 7% RS) I see that upon logging into the app I see the following

Your account is due to mature on 31 May 2024.

We'll let you know about your maturity options around two weeks before your account maturity date'

Skipton's default rollover option for this account is a 3.8% "matured saver" instant access account

They are also offering a 4.5% one year bond or you can switch to any of their other products available on the 1st June.

The maturity email doesn't list the app as a method of providing maturity instructions, but you can do so online, via email, post, webchat etc

If you want to open a new RS, you need to open a new account from 1st June

Even better is that Skipton are also offering a FA Bonus Saver which is easy access and pays up to 5.2% for six months variable (3.8% after that).

You'll see this option when you login online to complete your instructions and click on Full savings range available online

The T&C for the Skipton FA Bonus Saver states that you need to "have agreed to have an appointment with one of our financial advisers". That's a big no from me then. It's not worth the hassle for a 5.2% variable rate for six months when I currently have several accounts still paying 5%+ anyway. 

To me that reads as “if”

SonOfPearl

pokemaster said:

SonOfPearl said:

simonsmithsays said:

gt94sss2 said:

simonsmithsays said:

Skipton Member Saver 7.5% Maturity

As one of the account holders who haven't closed this early (and then opened up the 7% RS) I see that upon logging into the app I see the following

Your account is due to mature on 31 May 2024.

We'll let you know about your maturity options around two weeks before your account maturity date'

Skipton's default rollover option for this account is a 3.8% "matured saver" instant access account

They are also offering a 4.5% one year bond or you can switch to any of their other products available on the 1st June.

The maturity email doesn't list the app as a method of providing maturity instructions, but you can do so online, via email, post, webchat etc

If you want to open a new RS, you need to open a new account from 1st June

Even better is that Skipton are also offering a FA Bonus Saver which is easy access and pays up to 5.2% for six months variable (3.8% after that).

You'll see this option when you login online to complete your instructions and click on Full savings range available online

The T&C for the Skipton FA Bonus Saver states that you need to "have agreed to have an appointment with one of our financial advisers". That's a big no from me then. It's not worth the hassle for a 5.2% variable rate for six months when I currently have several accounts still paying 5%+ anyway. 

To me that reads as “if”

Further down the T&Cs it says this, which sounds very much like a requirement:

simonsmithsays

SonOfPearl said:

pokemaster said:

SonOfPearl said:

simonsmithsays said:

gt94sss2 said:

simonsmithsays said:

Skipton Member Saver 7.5% Maturity

As one of the account holders who haven't closed this early (and then opened up the 7% RS) I see that upon logging into the app I see the following

Your account is due to mature on 31 May 2024.

We'll let you know about your maturity options around two weeks before your account maturity date'

Skipton's default rollover option for this account is a 3.8% "matured saver" instant access account

They are also offering a 4.5% one year bond or you can switch to any of their other products available on the 1st June.

The maturity email doesn't list the app as a method of providing maturity instructions, but you can do so online, via email, post, webchat etc

If you want to open a new RS, you need to open a new account from 1st June

Even better is that Skipton are also offering a FA Bonus Saver which is easy access and pays up to 5.2% for six months variable (3.8% after that).

You'll see this option when you login online to complete your instructions and click on Full savings range available online

The T&C for the Skipton FA Bonus Saver states that you need to "have agreed to have an appointment with one of our financial advisers". That's a big no from me then. It's not worth the hassle for a 5.2% variable rate for six months when I currently have several accounts still paying 5%+ anyway. 

To me that reads as “if”

Further down the T&Cs it says this, which sounds very much like a requirement:

Yeah I read the Skipton FA (hence the Financial Advisor) T&C's and then choose that option on the online maturity instructions.

To me, the IT and T&C's should be robust enough to allow you to choose this option if you've already 'have agreed an appointment'.

Which I haven't (and won't be using).

Let's see what happens between now and 1/6.

I've got Cynergy EA at 5.15% (thankfully now have online access again after a phone change - they don't make that easy!!) but if I can get 5.20 all the better.

masonic

pokemaster said:

SonOfPearl said:

simonsmithsays said:

gt94sss2 said:

simonsmithsays said:

Skipton Member Saver 7.5% Maturity

As one of the account holders who haven't closed this early (and then opened up the 7% RS) I see that upon logging into the app I see the following

Your account is due to mature on 31 May 2024.

We'll let you know about your maturity options around two weeks before your account maturity date'

Skipton's default rollover option for this account is a 3.8% "matured saver" instant access account

They are also offering a 4.5% one year bond or you can switch to any of their other products available on the 1st June.

The maturity email doesn't list the app as a method of providing maturity instructions, but you can do so online, via email, post, webchat etc

If you want to open a new RS, you need to open a new account from 1st June

Even better is that Skipton are also offering a FA Bonus Saver which is easy access and pays up to 5.2% for six months variable (3.8% after that).

You'll see this option when you login online to complete your instructions and click on Full savings range available online

The T&C for the Skipton FA Bonus Saver states that you need to "have agreed to have an appointment with one of our financial advisers". That's a big no from me then. It's not worth the hassle for a 5.2% variable rate for six months when I currently have several accounts still paying 5%+ anyway. 

To me that reads as “if”

Yes, if you've agreed to have an appointment with one of their FAs, then they can offer you the account. Perhaps you'd be able to open the account without having such an appointment in place, but should expect a call to set one up.

Bridlington1

SonOfPearl said:

pokemaster said:

SonOfPearl said:

simonsmithsays said:

gt94sss2 said:

simonsmithsays said:

Skipton Member Saver 7.5% Maturity

As one of the account holders who haven't closed this early (and then opened up the 7% RS) I see that upon logging into the app I see the following

Your account is due to mature on 31 May 2024.

We'll let you know about your maturity options around two weeks before your account maturity date'

Skipton's default rollover option for this account is a 3.8% "matured saver" instant access account

They are also offering a 4.5% one year bond or you can switch to any of their other products available on the 1st June.

The maturity email doesn't list the app as a method of providing maturity instructions, but you can do so online, via email, post, webchat etc

If you want to open a new RS, you need to open a new account from 1st June

Even better is that Skipton are also offering a FA Bonus Saver which is easy access and pays up to 5.2% for six months variable (3.8% after that).

You'll see this option when you login online to complete your instructions and click on Full savings range available online

The T&C for the Skipton FA Bonus Saver states that you need to "have agreed to have an appointment with one of our financial advisers". That's a big no from me then. It's not worth the hassle for a 5.2% variable rate for six months when I currently have several accounts still paying 5%+ anyway. 

To me that reads as “if”

Further down the T&Cs it says this, which sounds very much like a requirement:

For now I'll interpret it to mean that you can open it if you have an appointment with one of their financial advisers but this is not a requirement. I've just tried applying for the account online using a guessed application link and was successful in my efforts. My new FA Bonus Saver Issue 1 now sits awaiting funding in online banking.

ETA application link:
https://secure.skipton.co.uk/portal/NewAccount/28105

subjecttocontract

Why can t you let them make an appointment and then not turn up ?

gt94sss2

Bigwheels1111 said:

jameseonline said:

Bigwheels1111 said:

jameseonline said:

Just cashed out my First Direct Regular Saver £3735.38, so £3600 + £135.38 interest, not bad but not best either, it's advertised as £136.50 interest though, does say based on paying 1st of each month though but yeah.

Still it's better than last year's amount of £3710.44.

Also when did First Direct get push notifications?, took them long enough.

Ask for your £1.12, they will give it to you.

Have asked them on chat they saying I'm not out of pocket, interest has been paid correctly etc.

Although it's not much more so no great loss & more money may end up going into the poopy savings account anyway, last year an extra 66p ended up in it. 😁

I just called them as said, your T&C state £136.50, why did I not get that.

You do realise the T&C don't actually say that?

intalex

qbadger said:

Is it not better to manually close the Skipton regular saver account on 30 May by a full withdrawal? There doesn't seem to be any penalties to do this, and should then allow one to open their new regular saver and deposit twice on 31 May and 01 June.

Agreed, I'll do that instead, but when is optimal to do this - 30th or 31st?

Or is 30th to allow for a day to close and be able to open a new issue??

Bigwheels1111

gt94sss2 said:

Bigwheels1111 said:

jameseonline said:

Bigwheels1111 said:

jameseonline said:

Just cashed out my First Direct Regular Saver £3735.38, so £3600 + £135.38 interest, not bad but not best either, it's advertised as £136.50 interest though, does say based on paying 1st of each month though but yeah.

Still it's better than last year's amount of £3710.44.

Also when did First Direct get push notifications?, took them long enough.

Ask for your £1.12, they will give it to you.

Have asked them on chat they saying I'm not out of pocket, interest has been paid correctly etc.

Although it's not much more so no great loss & more money may end up going into the poopy savings account anyway, last year an extra 66p ended up in it. 😁

I just called them as said, your T&C state £136.50, why did I not get that.

You do realise the T&C don't actually say that?

It looks like it says £136.50 to me.
So I pulled them on it.
I will pull them again in 12 months.
Plus on Monday, as used the wife’s account to get a second R/S she got paid even less than me.

allegro120

Bridlington1 said:

SonOfPearl said:

pokemaster said:

SonOfPearl said:

simonsmithsays said:

gt94sss2 said:

simonsmithsays said:

Skipton Member Saver 7.5% Maturity

As one of the account holders who haven't closed this early (and then opened up the 7% RS) I see that upon logging into the app I see the following

Your account is due to mature on 31 May 2024.

We'll let you know about your maturity options around two weeks before your account maturity date'

Skipton's default rollover option for this account is a 3.8% "matured saver" instant access account

They are also offering a 4.5% one year bond or you can switch to any of their other products available on the 1st June.

The maturity email doesn't list the app as a method of providing maturity instructions, but you can do so online, via email, post, webchat etc

If you want to open a new RS, you need to open a new account from 1st June

Even better is that Skipton are also offering a FA Bonus Saver which is easy access and pays up to 5.2% for six months variable (3.8% after that).

You'll see this option when you login online to complete your instructions and click on Full savings range available online

The T&C for the Skipton FA Bonus Saver states that you need to "have agreed to have an appointment with one of our financial advisers". That's a big no from me then. It's not worth the hassle for a 5.2% variable rate for six months when I currently have several accounts still paying 5%+ anyway. 

To me that reads as “if”

Further down the T&Cs it says this, which sounds very much like a requirement:

For now I'll interpret it to mean that you can open it if you have an appointment with one of their financial advisers but this is not a requirement. I've just tried applying for the account online using a guessed application link and was successful in my efforts. My new FA Bonus Saver Issue 1 now sits awaiting funding in online banking.

ETA application link:
https://secure.skipton.co.uk/portal/NewAccount/28105

I've logged in yesterday but couldn't find it.  Now followed your link and opened this account, it was very quick and no mention of appointments with financial advisers.  Can't find any t&c for this account, do you have a link you can post?