Regular Savings Accounts: The Best Currently Available List!

OneUser1

Emily_Joy said:

Emily_Joy said:

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.

It looks like it didn't work - I just logged in to discover all matured funds sitting in an easy access. Will try phoning them tomorrow. *sigh*

The first page says Penrith BS regular saver 300 available to existing members, but at the moment it is for Heartlands residents only.

The current terms and conditions for the Penrith 300 say "This account is available to Heartland residents or existing members of the Society and can be opened in branch or by post." I can confirm I had no trouble opening one as an existing member who lives nowhere near the Heartlands.

chris_the_bee

Can someone provide a link to the list of T's&C's for all the regular savings accounts please. 

Bridlington1

chris_the_bee said:

Can someone provide a link to the list of T's&C's for all the regular savings accounts please. 

https://forums.moneysavingexpert.com/discussion/6470420/an-archived-list-of-regular-saver-terms-and-conditions/p1

There is also a link to it on the first page of this thread.

happybagger

Not "best currently available" but for those with the accounts, Bucks BS are reducing their RS rates:

RS (open) -0.1% to 4.0%
RS Locals (closed) -0.1% to 4.5%

Source: Bucks BS email

jameseonline

jameseonline said:

My Principality 33 Regular matured today, requested closure of the new maturity account and funds to be transferred to my Virgin account.

£3095.12 total.

Wouldn't let me transfer the whole amount out which seems stupid so had to close it, like Principality know you going to get a few pence in interest so why make things more difficult than they need to be?, guess the only other option would be depositing £1(or amount to get it up to the next £1) or something then trying to get the few pence out?

Anyway what I did find strange when I logged in was it said faster payments are scheduled for maintenance on Saturday so be done on Sunday.

Does that mean Principality side or for everyone?

Got my money from Principality today (with an extra 60p added) got no regulars due to end until September now I think 

surreysaver

jameseonline said:

jameseonline said:

My Principality 33 Regular matured today, requested closure of the new maturity account and funds to be transferred to my Virgin account.

£3095.12 total.

Wouldn't let me transfer the whole amount out which seems stupid so had to close it, like Principality know you going to get a few pence in interest so why make things more difficult than they need to be?, guess the only other option would be depositing £1(or amount to get it up to the next £1) or something then trying to get the few pence out?

Anyway what I did find strange when I logged in was it said faster payments are scheduled for maintenance on Saturday so be done on Sunday.

Does that mean Principality side or for everyone?

Got my money from Principality today (with an extra 60p added) got no regulars due to end until September now I think 

Think its a year since it became not worth opening Regular Savers. My next one to mature is Beehive at the end of July, then I have a load maturing in the autumn, the anniversary of interest rates shooting up

jameseonline

surreysaver said:

jameseonline said:

jameseonline said:

My Principality 33 Regular matured today, requested closure of the new maturity account and funds to be transferred to my Virgin account.

£3095.12 total.

Wouldn't let me transfer the whole amount out which seems stupid so had to close it, like Principality know you going to get a few pence in interest so why make things more difficult than they need to be?, guess the only other option would be depositing £1(or amount to get it up to the next £1) or something then trying to get the few pence out?

Anyway what I did find strange when I logged in was it said faster payments are scheduled for maintenance on Saturday so be done on Sunday.

Does that mean Principality side or for everyone?

Got my money from Principality today (with an extra 60p added) got no regulars due to end until September now I think 

Think its a year since it became not worth opening Regular Savers. My next one to mature is Beehive at the end of July, then I have a load maturing in the autumn, the anniversary of interest rates shooting up

Always worth opening them if you have funds, you not opened any in a year?.

September is going to free up a lot of money for me, 7% YBS Loyalty Regular 2023 @ £500 a month then 2 days later my 8% Nationwide Flex Regular Saver Issue 2 @ £200 a month ends.

November just got YBS Xmas ending.

Jan I'll have maxed out NatWest and RBS digital.

Then several accounts ending in March if all goes well.

surreysaver

jameseonline said:

surreysaver said:

jameseonline said:

jameseonline said:

My Principality 33 Regular matured today, requested closure of the new maturity account and funds to be transferred to my Virgin account.

£3095.12 total.

Wouldn't let me transfer the whole amount out which seems stupid so had to close it, like Principality know you going to get a few pence in interest so why make things more difficult than they need to be?, guess the only other option would be depositing £1(or amount to get it up to the next £1) or something then trying to get the few pence out?

Anyway what I did find strange when I logged in was it said faster payments are scheduled for maintenance on Saturday so be done on Sunday.

Does that mean Principality side or for everyone?

Got my money from Principality today (with an extra 60p added) got no regulars due to end until September now I think 

Think its a year since it became not worth opening Regular Savers. My next one to mature is Beehive at the end of July, then I have a load maturing in the autumn, the anniversary of interest rates shooting up

Always worth opening them if you have funds, you not opened any in a year?.

September is going to free up a lot of money for me, 7% YBS Loyalty Regular 2023 @ £500 a month then 2 days later my 8% Nationwide Flex Regular Saver Issue 2 @ £200 a month ends.

November just got YBS Xmas ending.

Jan I'll have maxed out NatWest and RBS digital.

Then several accounts ending in March if all goes well.

Yes, got a load maturing in the autumn as my post says

MakeVotesMatter

Forgive me for being new here, but doesn't seem that worthwhile to drip feed 1 year regular savers. 2 hours wasted for £30 profit?
If I compare co-op 7% regular saver to a 5% easy access account:
Drip feed interest: (£250 * 6 * 0.07) + (£250 * 6 * 0.05) = £180
Non drip feed interest: £250 * 12 * 0.05 = £150
Difference: 180 - 150 = £30 profit
90 mins reading current account & regular saver terms and conditions(~22 page, ~4m per page), and 20 mins setting up account and standing orders is almost 2 hours spent.

pafpcg

Two hours to gain £30?  That sounds like a reasonable return - it's above Minimum Wage.

But I see you've not been on the MSE forum long - not long enough to realise that there are some on here that will happily spend two hours to gain 30pence!