Regular Savings Accounts: The Best Currently Available List!

AmityNeon

Wheres_My_Cashback said:

That's very interesting. The web page is near enough contradicting what the T&Cs state with it's references to immediate credits and interest. 
To me, that info should be included within the T&Cs payments in section, which it is not. I'm happy to backtrack on my post above in light of this and It's maybe what's led other posters to believe interest is being paid on weekend deposits.

https://forums.moneysavingexpert.com/discussion/comment/80576111/#Comment_80576111

allegro120

Bridlington1 said:

jameseonline said:

Speculator said:

Interest  of £29.20 has been credited to my Saffron 9% Loyalty Regular Saver dated 31/5.

Hopefully, they will open my new 8% Members Month Loyalty Saver later today.

The one that still isn't on their website?, hmm

Saffron BS Members Month Loyalty Saver at 8% now live:
https://www.saffronbs.co.uk/savings/regular-savings-accounts/members-month-loyalty-saver

In addition it's worth noting the eligibility cut off date is now 1st June 2023, rather than 1st June 2022 as was stated in one of my earlier posts so it seems I was given incorrect information, all other details seem to be correct though. I'll find the offending post and amend it for accuracy shortly, apologies for the misinformation.

You don't need to apologise, you just delivered what you were told.  I thought it was a mistake and was looking forward to opening this account.  I've repaired my broken Saffron membership over a year ago, so was able to get this account this time. Another £50 p/m at great rate... My potential contribution to RS accounts is now over £8k p/m, due to another £20k ISA contribution and unexpected £10k fix from Nationwide that I couldn't ignore I'm running thin on my EA pot, so this month I don't deposit to Gatehouse issue 2, cut on Hanley and all my notice accounts' scheduled withdrawals will now go to EAs to maintain the float.  

Kim_13

My £579 and change from Saffron has unexpectedly hit my Nationwide current account dated today. Not sure when as it wasn’t there when I checked early this afternoon. Transferred to my Flex Regular Saver and it’s dated Monday! Odd indeed; as they do credit on weekends at worst I expected it to be dated tomorrow, as neither today nor tomorrow are working days.

WillPS

Kim_13 said:

My £579 and change from Saffron has unexpectedly hit my Nationwide current account dated today. Not sure when as it wasn’t there when I checked early this afternoon. Transferred to my Flex Regular Saver and it’s dated Monday! Odd indeed; as they do credit on weekends at worst I expected it to be dated tomorrow, as neither today nor tomorrow are working days.

I've had this with Nationwide. My wife topped her Regular Savers on the last day of December (we got married on Dec 30th, so opted to keep as much money accessible as possible to make sure we weren't spreading ourselves too thin). Dec 31st was a Sun. Jan 1st was a Bank Holiday Monday. For whatever reason the deposits on Nationwide show as Jan 1st.

jameseonline

Kim_13 said:

My £579 and change from Saffron has unexpectedly hit my Nationwide current account dated today. Not sure when as it wasn’t there when I checked early this afternoon. Transferred to my Flex Regular Saver and it’s dated Monday! Odd indeed; as they do credit on weekends at worst I expected it to be dated tomorrow, as neither today nor tomorrow are working days.

Guess there's a cut off time?, Nationwide are open Saturdays..

I transferred money to my Flex Saver & Start To Save early hours of Saturday and those deposits are showing 1st June.

Mind you I don't really understand what exactly does & doesn't happen at the weekend bank wise.

Because I also funded LBG Regular Savings Accounts on 1st June, if I go to transactions the date is 3rd June but underneath it states 1st June.

Regardless of wether or not it's the weekend or not I always fund on the 1st for majority of accounts.

Emily_Joy

Cambridge BS RS Reward Extra

The entry on the 1st page says that it can be opened in branch, by post, or by phone. My Cambridge RS Reward (4% APR) matures in about a week's time and I was able to give maturity instructions online. One option was to open Reward Extra and to fund it using the funds from the maturing account, saving the hassle of posting the form.

The maturity instruction form is very similar to Saffron's.

wiseonesomeofthetime

My Skipton matured 1 Jun, but no sign of those funds yet.

Clearly not as organised as Saffron 🤣

castle96

SKIPTON - SAME HERE. they have the nominated a/c. Monday?

orange-juice

Does the weekend deposit thing with Skipton apply to Saffron too? 

Curious as I manually opened and funded the new account  yesterday (at least I hope I did, used the same payee details but updated the ref no) but it's still showing as £0.

edit: deposit now shown as credited in app (Monday)

chris_the_bee

orange-juice said:

Does the weekend deposit thing with Skipton apply to Saffron too? 

Curious as I manually opened and funded the new account  yesterday (at least I hope I did, used the same payee details but updated the ref no) but it's still showing as £0.

Yes, both Skipton and Saffron do not credit at weekends.