Regular Savings Accounts: The Best Currently Available List!

simonsmithsays

simonsmithsays said:

allegro120 said:

masonic 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”

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.

I can confirm it. I've opened the account, deposited £1 and the interest displays as 3.8%.  I'll check tomorrow to see if it changes, but it looks to me like you need to make an appointment to get 5.2%.

Another 3.8% here (both on App and funding confirmation (below)) with the next interest showing as 11/5/25.

Today this Skipton FA Easy Access rate has changed to 5.2% (Maturity still 11/5/24) on the App.

Hence the cleared debit card theory funds seems correct.

I've also set up the nominated account (note this bit has to be done online) and performed a test withdrawal of a small amount which hit my nominated account late morning.

allegro120

simonsmithsays said:

simonsmithsays said:

allegro120 said:

masonic 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”

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.

I can confirm it. I've opened the account, deposited £1 and the interest displays as 3.8%.  I'll check tomorrow to see if it changes, but it looks to me like you need to make an appointment to get 5.2%.

Another 3.8% here (both on App and funding confirmation (below)) with the next interest showing as 11/5/25.

Today this Skipton FA Easy Access rate has changed to 5.2% (Maturity still 11/5/24) on the App.

Hence the cleared debit card theory funds seems correct.

I've also set up the nominated account (note this bit has to be done online) and performed a test withdrawal of a small amount which hit my nominated account late morning.

The same here, the rate changed to 5.2% this morning.

sheffieldeagle

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

Cheers for this heads up. Really good spot.

boomish

I've applied for a Joint Savings account online with Skipton & that's says "A rate has not yet been applied" if I can't get the 5.2% I'm thinking MoneyBox as that pays 5% with it's1% bonus rate , we have put our ISA's in there so am thinking why not put our savings as well, currently in a Joint Santander easy saver which is due to reduce next week. 

Bridlington1

boomish said:

I've applied for a Joint Savings account online with Skipton & that's says "A rate has not yet been applied" if I can't get the 5.2% I'm thinking MoneyBox as that pays 5% with it's1% bonus rate , we have put our ISA's in there so am thinking why not put our savings as well, currently in a Joint Santander easy saver which is due to reduce next week. 

Have you made a deposit into it yet? Skipton don't show the interest rate until you make your first deposit.

allegro120

boomish said:

I've applied for a Joint Savings account online with Skipton & that's says "A rate has not yet been applied" if I can't get the 5.2% I'm thinking MoneyBox as that pays 5% with it's1% bonus rate , we have put our ISA's in there so am thinking why not put our savings as well, currently in a Joint Santander easy saver which is due to reduce next week. 

It will show 5.2% when they receive your deposit.

simonsmithsays

Saffron Small Saver maturity 

Has anyone else not received any maturity instructions yet?

I have mine due to mature, on my spreadsheet, on the 1st June.

I don't want to bother them just yet.

TIA

allegro120

simonsmithsays said:

Saffron Small Saver maturity 

Has anyone else not received any maturity instructions yet?

I have mine due to mature, on my spreadsheet, on the 1st June.

I don't want to bother them just yet.

TIA

I've received mine by e-mail 18 days prior to maturity.

jameseonline

I think Saffron gives at least 2 weeks notice for accounts 

gt94sss2

I contacted Saffron about something else recently and in their reply, they included: 

Just to let you know, our mobile app has been updated recently, allowing you to set up your own maturities and savings goals! Just search "Saffron Building Society" on the Google Play or App Store.

Sadly, I can't find this functionality in my version of the Android app!