Regular Savings Accounts: The Best Currently Available List!

Kim_13

jameseonline said:

trickydicky14 said:

jameseonline said:

trickydicky14 said:

Just spoken to Saffron regarding my regular saver and maturity, was told as of today they have a new one you can now open with the same T&C's as before, £50 per month but the interest rate is now 8%

Interesting because I'm sure June is Members Month & we still in May.

Nothing on website about that new account either.

I'm guessing someone told you slightly wrong information as in you can't apply for it now but also leaked future information, so the information for the new account will be £50 a month @ 8% and that should launch in June when the current 9% one ends give or take a few days

My mistake, it starts in June @ 8%. CS said they would take £50 out of my old regular saver and set it up for me with the same account number.

Ahh so product switch I'm guessing 

Wondering how to go about this now. As it hasn’t really been announced yet, bar the sentence in the maturity pack, I wouldn’t be surprised if responses to requests to do this varied depending on the CS agent.

Checking on their website earlier I found a message that they are closed for staff training tomorrow.

Bridlington1

gravel_2 said:

I know it's not the topic of the thread but this seems to be the only place discussing it - where do I find the Skipton FA Saver? I can't see it on app or web.

In the interests of keeping this thread on topic I've now mentioned this account in the top EA accounts thread.

jameseonline

Kim_13 said:

jameseonline said:

trickydicky14 said:

jameseonline said:

trickydicky14 said:

Just spoken to Saffron regarding my regular saver and maturity, was told as of today they have a new one you can now open with the same T&C's as before, £50 per month but the interest rate is now 8%

Interesting because I'm sure June is Members Month & we still in May.

Nothing on website about that new account either.

I'm guessing someone told you slightly wrong information as in you can't apply for it now but also leaked future information, so the information for the new account will be £50 a month @ 8% and that should launch in June when the current 9% one ends give or take a few days

My mistake, it starts in June @ 8%. CS said they would take £50 out of my old regular saver and set it up for me with the same account number.

Ahh so product switch I'm guessing 

Wondering how to go about this now. As it hasn’t really been announced yet, bar the sentence in the maturity pack, I wouldn’t be surprised if responses to requests to do this varied depending on the CS agent.

Checking on their website earlier I found a message that they are closed for staff training tomorrow.

Well if it's not members month yet I imagine you'll have to wait until it is & the product has been launched like everyone else and apply for it on website/in branch🙄😏

I guess you can call up/go in branch and give them instruction to take £50 out of an existing account (eg the current members month @ 9% which hasn't even ended yet & you'll still probably want to give them instruction as what to do with the remaining money if so, unless happy going into a 2% maturity) for when the time comes.

trickydicky14

simonsmithsays said:

trickydicky14 said:

jameseonline said:

trickydicky14 said:

Just spoken to Saffron regarding my regular saver and maturity, was told as of today they have a new one you can now open with the same T&C's as before, £50 per month but the interest rate is now 8%

Interesting because I'm sure June is Members Month & we still in May.

Nothing on website about that new account either.

I'm guessing someone told you slightly wrong information as in you can't apply for it now but also leaked future information, so the information for the new account will be £50 a month @ 8% and that should launch in June when the current 9% one ends give or take a few days

My mistake, it starts in June @ 8%. CS said they would take £50 out of my old regular saver and set it up for me with the same account number.

This 'same account number' is what a handful of RS institutions have been great with in the past and I referred to previously on this thread.

Meaning no need to cancel standing orders for maturing accounts.

No need to cancel but as they are taking the first £50 out of previous RS, I will have to change SO to July and not leave it to pay out in June.

Kim_13

jameseonline said:

Kim_13 said:

jameseonline said:

trickydicky14 said:

jameseonline said:

trickydicky14 said:

Just spoken to Saffron regarding my regular saver and maturity, was told as of today they have a new one you can now open with the same T&C's as before, £50 per month but the interest rate is now 8%

Interesting because I'm sure June is Members Month & we still in May.

Nothing on website about that new account either.

I'm guessing someone told you slightly wrong information as in you can't apply for it now but also leaked future information, so the information for the new account will be £50 a month @ 8% and that should launch in June when the current 9% one ends give or take a few days

My mistake, it starts in June @ 8%. CS said they would take £50 out of my old regular saver and set it up for me with the same account number.

Ahh so product switch I'm guessing 

Wondering how to go about this now. As it hasn’t really been announced yet, bar the sentence in the maturity pack, I wouldn’t be surprised if responses to requests to do this varied depending on the CS agent.

Checking on their website earlier I found a message that they are closed for staff training tomorrow.

Well if it's not members month yet I imagine you'll have to wait until it is & the product has been launched like everyone else and apply for it on website/in branch🙄😏

I guess you can call up/go in branch and give them instruction to take £50 out of an existing account (eg the current members month @ 9% which hasn't even ended yet & you'll still probably want to give them instruction as what to do with the remaining money if so, unless happy going into a 2% maturity) for when the time comes.

Of course - though one poster seems to have been able to give advance instruction for this - perhaps meaning having £575 ish unnecessarily earning 2% for 3 days (as the account matures on 31st but I can’t see the replacement launching before the first working day of June which is the 3rd) and relying on such instructions being actioned without a further call/secure message/branch visit being necessary.

I was mainly mulling over whether to submit an instruction at all, as asking them to leave £50 in the maturity account and forward the remainder to a current account or an Easy Access (in preparation for requesting a product switch upon launch seems odd.) Though perhaps the most MSE way would be to ask to withdraw all but £1, request product switch and then add £49 once the switch had been actioned.

I suppose part of it depends on whether the account matures at 00:00 on 31st May (in which case I would internal transfer to an EA myself and then use the majority of the funds during June’s funding round robin) or at 23:59, in which case the money would be earning 2% until at least the 3rd. If their online maturity portal is new, perhaps the process will be more/less efficient than any previous experiences.

In some ways a straightforward maturity instruction and opening the upcoming Members’ Month Saver as a new account would be easier.

ThePirates

Opened the Skipton FA Save using the link above and deposited £50 by Debit Card.
Interest rate showing as 3.8%, I guess this is standard until the funds clear?

Bridlington1

Coventry Loyalty RS at 6.75% has disappeared from moneyfacts suggesting it is about to go NLA.

jameseonline

Kim_13 said:

jameseonline said:

Kim_13 said:

jameseonline said:

trickydicky14 said:

jameseonline said:

trickydicky14 said:

Just spoken to Saffron regarding my regular saver and maturity, was told as of today they have a new one you can now open with the same T&C's as before, £50 per month but the interest rate is now 8%

Interesting because I'm sure June is Members Month & we still in May.

Nothing on website about that new account either.

I'm guessing someone told you slightly wrong information as in you can't apply for it now but also leaked future information, so the information for the new account will be £50 a month @ 8% and that should launch in June when the current 9% one ends give or take a few days

My mistake, it starts in June @ 8%. CS said they would take £50 out of my old regular saver and set it up for me with the same account number.

Ahh so product switch I'm guessing 

Wondering how to go about this now. As it hasn’t really been announced yet, bar the sentence in the maturity pack, I wouldn’t be surprised if responses to requests to do this varied depending on the CS agent.

Checking on their website earlier I found a message that they are closed for staff training tomorrow.

Well if it's not members month yet I imagine you'll have to wait until it is & the product has been launched like everyone else and apply for it on website/in branch🙄😏

I guess you can call up/go in branch and give them instruction to take £50 out of an existing account (eg the current members month @ 9% which hasn't even ended yet & you'll still probably want to give them instruction as what to do with the remaining money if so, unless happy going into a 2% maturity) for when the time comes.

Of course - though one poster seems to have been able to give advance instruction for this - perhaps meaning having £575 ish unnecessarily earning 2% for 3 days (as the account matures on 31st but I can’t see the replacement launching before the first working day of June which is the 3rd) and relying on such instructions being actioned without a further call/secure message/branch visit being necessary.

I was mainly mulling over whether to submit an instruction at all, as asking them to leave £50 in the maturity account and forward the remainder to a current account or an Easy Access (in preparation for requesting a product switch upon launch seems odd.) Though perhaps the most MSE way would be to ask to withdraw all but £1, request product switch and then add £49 once the switch had been actioned.

I suppose part of it depends on whether the account matures at 00:00 on 31st May (in which case I would internal transfer to an EA myself and then use the majority of the funds during June’s funding round robin) or at 23:59, in which case the money would be earning 2% until at least the 3rd. If their online maturity portal is new, perhaps the process will be more/less efficient than any previous experiences.

In some ways a straightforward maturity instruction and opening the upcoming Members’ Month Saver as a new account would be easier.

I'm confused, £600 is the max deposit, Interest is about £20 isn't it?.

My instructions for Saffron are always to put into my Saffron Eaay Access Account ( E Saver 20 @ 4.70% a month I think), then I can instruct them to pay my nominated account from that, so any money from accounts that I close or have reached maturity go there rather than have a unnecessary 2% account I can't pay into or need.

My main point was nothing is going to be actioned until the old account has matured & the new version is live so it doesn't really matter if you give them instructions now or you apply on website or in branch yourself.

My 9% account matures 5th June

flaneurs_lobster

ThePirates said:

Opened the Skipton FA Save using the link above and deposited £50 by Debit Card.
Interest rate showing as 3.8%, I guess this is standard until the funds clear?

Correct   .

gt94sss2

For anyone who has a Start to Save Issue 2 account, Nationwide have emailed me to say on maturity it will change a "Continue to Save" instant access account that pays just 2.5%