Regular Savings Accounts: The Best Currently Available List!

friolento

Kim_13 said:

jameseonline said:

wmb194 said:

WillPS said:

wmb194 said:

simonsmithsays 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

A little patience required 

Saffron are fantastic 

100% confident that they'll follow the manual instructions and be a new account showing on the app funded with £50 by, at the latest, COP Monday backdated to today

Edit - I've now received an email saying the balance (+ interest - £50) is winging its way to my nominated account

And now £50 is showing in a 8% account with the same account number and sort code as previously.

Brilliant service 

I think it's really poor that this new 8% account wasn't an option last week in the 'maturity manager' (MM) and we have to resort to sending messages. Plenty of people with maturing accounts who don't follow these threads wouldn't have been aware of this and taken the relatively poor 5.75% option shown in the MM.

Not sure I see the hardship, surely you could just open a new Members Month now? 

I have but it's an aggravation. It should've been a maturity option, it's not like they didn't know it was coming. Rather than having simple 'transfer' options like its other accounts the maturity instant access account can only be managed online by sending messages. I'm not singing Saffron's praises.

How's about getting an instant access account with Saffron?, would that not make things easier?.

I set one up, £10 minimum deposit, earns 4p a month interest, whenever I close an account or have an account maturing I tell Saffron to transfer all the money to that thus avoiding the awful maturity account.

Then I put a request to transfer out, and to be fair to Saffron pay out is pretty quick, got my £0.04 interest show in my Saffron account earlier today and into my nominated account same day

Can you withdraw externally from that account? I have one but no pay out option and when I queried it, was told that that wasn’t possible.

Mine has a "Pay Out" option, to my linked current account at Santander

jameseonline

Kim_13 said:

jameseonline said:

wmb194 said:

WillPS said:

wmb194 said:

simonsmithsays 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

A little patience required 

Saffron are fantastic 

100% confident that they'll follow the manual instructions and be a new account showing on the app funded with £50 by, at the latest, COP Monday backdated to today

Edit - I've now received an email saying the balance (+ interest - £50) is winging its way to my nominated account

And now £50 is showing in a 8% account with the same account number and sort code as previously.

Brilliant service 

I think it's really poor that this new 8% account wasn't an option last week in the 'maturity manager' (MM) and we have to resort to sending messages. Plenty of people with maturing accounts who don't follow these threads wouldn't have been aware of this and taken the relatively poor 5.75% option shown in the MM.

Not sure I see the hardship, surely you could just open a new Members Month now? 

I have but it's an aggravation. It should've been a maturity option, it's not like they didn't know it was coming. Rather than having simple 'transfer' options like its other accounts the maturity instant access account can only be managed online by sending messages. I'm not singing Saffron's praises.

How's about getting an instant access account with Saffron?, would that not make things easier?.

I set one up, £10 minimum deposit, earns 4p a month interest, whenever I close an account or have an account maturing I tell Saffron to transfer all the money to that thus avoiding the awful maturity account.

Then I put a request to transfer out, and to be fair to Saffron pay out is pretty quick, got my £0.04 interest show in my Saffron account earlier today and into my nominated account same day

Can you withdraw externally from that account? I have one but no pay out option and when I queried it, was told that that wasn’t possible.

https://www.saffronbs.co.uk/savings/immediate-access-savings-accounts

I have the esaver.

Initially funded by my Virgin Money account and any pay out from my Saffron account goes to same Virgin Money account.

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?