Regular Savings Accounts: The Best Currently Available List!

pochisoldi

Been trying to open a new Saffron Members Month Regular Saver (via the website) - all I get is a reference number, no followup/confirmation email, and no new account showing on the website or in the app.

Anybody else having issues? Or should I just be a little more patient?

PowerSavingMode

pochisoldi said:

Been trying to open a new Saffron Members Month Regular Saver (via the website) - all I get is a reference number, no followup/confirmation email, and no new account showing on the website or in the app.

Anybody else having issues? Or should I just be a little more patient?

I received an email almost instantly telling me my Saffron Members Month Regular Saver a/c was open. Perhaps message them, after checking your sp@m box... 

adindas

I just notice that Nationwide Start to Save i2 is now paying 5.50% easy access via Nationwide current account. Very goods saving earning 5.1% to this account. I am aware that we will need to deposit at least £25 to be included in the prize draw. But what is the limit of monthly deposit allowed ?

Also I understand this is 24 months, variable interest isn't it ?

AndyTh_2

adindas said:

I just notice that Nationwide Start to Save i2 is now paying 5.50% easy access via Nationwide current account. Very goods saving earning 5.1% to this account. I am aware that we will need to deposit at least £25 to be included in the prize draw. But what is the limit of monthly deposit allowed ?

Also I understand this is 24 months, variable interest isn't it ?

Start to Save i2 has already finished it's prize draws, the last being Feb 2024, and I think no longer available to open

but https://www.nationwide.co.uk/savings/help/terms/start-to-save-issue-2/ for the T&C, which is £50 max a month

Mine even is just about to finish it's 24 months as well

friolento

adindas said:

I just notice that Nationwide Start to Save i2 is now paying 5.50% easy access via Nationwide current account. Very goods saving earning 5.1% to this account. I am aware that we will need to deposit at least £25 to be included in the prize draw. But what is the limit of monthly deposit allowed ?

Also I understand this is 24 months, variable interest isn't it ?

AFAIK, the final prize draw was in February this year. The account has a fixed term of 24 months, beginning on the day you open your account. You can't increase the amount of money in your account (the balance) by more than £50 at any time during a Calendar Month. The account therefore has quite limited value now. More T&Cs are available on the Nationwide website.

jameseonline

Nationwide Sadindas said:

I just notice that Nationwide Start to Save i2 is now paying 5.50% easy access via Nationwide current account. Very goods saving earning 5.1% to this account. I am aware that we will need to deposit at least £25 to be included in the prize draw. But what is the limit of monthly deposit allowed ?

Also I understand this is 24 months, variable interest isn't it ?

I think you might be getting confused with another account because you start off saying Start To Save paying 5.50% then say earning 5.1%.

Either way Start To Save isn't available to open to new customers and is ending soon for me and possibly others too.

12 payments at £50 = £600
24 payments at £50 = £1200
25 payments at £50 = £1250

I had £15.94 interest after 1st year, but interest started at 2.50%, then 3%, 3.5%, 5% before it got to 5.50% I believe.

Anyways here is the current list of Nationwide savings accounts people can open:

https://www.nationwide.co.uk/savings/compare-savings-accounts-and-isas/

jameseonline

jameseonline said:

Just checked my Saffron app, Maturity Manager showing up for my 9% Members Month account, shows up with my instruction to go into my Easy Access Saffron account and the amount on 5th June will be £629.75 in total.😊🙂

My account has matured today, £629.75 as stated by maturity manager & transferred to my Saffron Easy Access as instructed, also requested a payout from said account to my nominated account, hopefully that will turn up in a few hours.

Guess next step is to open the new 8% version 😁

Johnny-Cage

Had my Club Lloyds RS mature yesterday and got a little more interest that I expected £165.34, funds moved about and new RS started this morning and funded 

CuparLad

Principality Regular Saver 33

I had a letter from PBS the other day about this regular saver, where I had elected to close the RS at maturity and transfer funds to my current account. The letter states that "your funds wil be transferred to your nominated account on 9th June 2024." This seems unlikely bearing in mind the 9th is a Sunday. Does anyone have any experience of PBS accounts maturing over the weekend and whether they do pay out over the weekend, or next working day?

pochisoldi

DJDools said:

pochisoldi said:

Been trying to open a new Saffron Members Month Regular Saver (via the website) - all I get is a reference number, no followup/confirmation email, and no new account showing on the website or in the app.

Anybody else having issues? Or should I just be a little more patient?

I received an email almost instantly telling me my Saffron Members Month Regular Saver a/c was open. Perhaps message them, after checking your sp@m box... 

Phoned them up. When setting up the account you need to link to a current account, and it looks like they do a confirmation of payee check, and for some reason it was flagged. From speaking to a human to getting the account open email took about 8 minutes.