Regular Savings Accounts: The Best Currently Available List!

masonic

Section62 said:

masonic said:

qbadger said:

@Special_Saver2, not sure how popular this request might be - would you be willing to entertain the idea of having a separate "No Chat" version of this thread for regular savers?

The easiest option would be to follow the precedent of Easy Access and make this thread the "No chat" version and use the official MSE regular savings article discussion thread as the discussion thread. That other thread has been dormant since early 2021.

Regular savers seem generally to have more restrictions and/or quirks compared to EA accounts - details such as "can a 13th payment be made" sometimes only emerge after some lengthy discussion.  So I think a "No chat" thread would need a lot of work doing to it (by those taking responsibility) to make sure each entry is sufficiently informative, accurate, and not misleading.

Or you just have a bare list of accounts, which is what the first few pages of this thread are, and tell people they should read the 'chat' thread to fully appreciate the T&C's and eligibility requirements.

There's also the issue (which invariably happens when a specific thread is started for one RS account) of having duplication between threads, and having to read both of them to get the fuller picture.

The consensus - perhaps illustrated by the long dormancy of the 'official' discussion thread - appears to be that this thread works reasonably well with people self-policing the amount of 'chat' they add.  I'm sure the idea of people using the official discussion thread has been put forward before, only for everyone to revert to the status quo.  If it works for the majority (which arguably it has for many years) then why try fixing it?

Perhaps an alternative might be for someone who finds the chatting bothersome to start their own "No chat" parallel thread, and then see how that one develops?

Bottom line, one person's perception of "chat" could be someone else's valuable titbit of information.

I agree, chat is often valuable, and it needs a place on the forum as long as it is related to the topic at hand - even correcting misunderstandings about interest rates, which is a particular blind spot when it comes to regular savers, as we all know. There is bound to be someone who can learn from this sort of discussion. The question is whether those who cannot tolerate scrolling through a few posts that don't interest them would prefer a thread that is used purely to highlight new and changed regular savings offerings, with discussion of those accounts taking place elsewhere? Maybe separating out discussions from new account updates will prevent the thread being derailed by people complaining about off topic posts while simultaneously creating more of them.

Kim_13

Sometimes there are “opened and funded, thanks” type posts which are perhaps unnecessary, unless another poster is asking a question because they’re having trouble getting the form to load or whatever, a field that can’t be edited, etc. If everything’s fine, the thanks button could suffice (barring where the post also contains information about that provider’s withdrawal/transfer process from a previous version of the account, in which case it may be useful.)

Just my 2p.

saverkev

And here's my 2p

I like it as it is.
If there's something there I don't want to read about I just scroll through it.

trickydicky14

Nick_C said:

This thread is great as it is.  People simply need to stop posting personal anecdotes and off topic discussion that adds nothing to the key information. 

Yes in a perfect world but it's not going to happen.

Bazzalona13295

Not a hardship to scroll down a few posts.

WillPS

saverkev said:

And here's my 2p

I like it as it is.
If there's something there I don't want to read about I just scroll through it.

Totally agree. It's a busy thread, and I expect some 'noise' as a result - but more often than not the contributions are between either interesting, useful or both. 

FishInGlass

Been away for the weekend and not checking - no biggie to quickly scroll through 34 posts on my return - sorry 35 now I have added this one.

gelato_cat

ForumUser7 said:

Mansfield Regular e-Saver 30 day notice - what have people done with this account please? Now I can get better rates on the funds elsewhere and even with other accounts I have with Mansfield BS themselves, I'm considering closing it given the monthly funding requirement. Anyone closed theirs so far, or intentionally left theirs open for any particular reason please? Trying to make my mind up. Thanks

I don't have one of these, BUT whenever I've had an online account with a company that's historically offered good products, I keep something open with them, even if it's just a basic easy access account with £1 in it.

That way, I know I've kept my online banking access.

So if I want to open another online account in the future, I don't have to go through the whole new customer setup, which sometimes involves waiting for verification codes in the post etc.

The process for opening new accounts as an existing customer is often a lot quicker, too.

And it keeps my hand in for any new loyalty-type products which require me to have continuously held an account for a certain period of time.

It mainly depends on your appetite for keeping track of loads of accounts you don't use much!

allegro120

gelato_cat said:

ForumUser7 said:

Mansfield Regular e-Saver 30 day notice - what have people done with this account please? Now I can get better rates on the funds elsewhere and even with other accounts I have with Mansfield BS themselves, I'm considering closing it given the monthly funding requirement. Anyone closed theirs so far, or intentionally left theirs open for any particular reason please? Trying to make my mind up. Thanks

I don't have one of these, BUT whenever I've had an online account with a company that's historically offered good products, I keep something open with them, even if it's just a basic easy access account with £1 in it.

That way, I know I've kept my online banking access.

So if I want to open another online account in the future, I don't have to go through the whole new customer setup, which sometimes involves waiting for verification codes in the post etc.

The process for opening new accounts as an existing customer is often a lot quicker, too.

And it keeps my hand in for any new loyalty-type products which require me to have continuously held an account for a certain period of time.

It mainly depends on your appetite for keeping track of loads of accounts you don't use much!

The same here. 132 accounts (not including the ones automatically created by the banks on maturity), some of them may never be useful, but this strategy proved to be beneficial.  Keeping track is easy with spreadsheet.

Bridlington1

allegro120 said:

gelato_cat said:

ForumUser7 said:

Mansfield Regular e-Saver 30 day notice - what have people done with this account please? Now I can get better rates on the funds elsewhere and even with other accounts I have with Mansfield BS themselves, I'm considering closing it given the monthly funding requirement. Anyone closed theirs so far, or intentionally left theirs open for any particular reason please? Trying to make my mind up. Thanks

I don't have one of these, BUT whenever I've had an online account with a company that's historically offered good products, I keep something open with them, even if it's just a basic easy access account with £1 in it.

That way, I know I've kept my online banking access.

So if I want to open another online account in the future, I don't have to go through the whole new customer setup, which sometimes involves waiting for verification codes in the post etc.

The process for opening new accounts as an existing customer is often a lot quicker, too.

And it keeps my hand in for any new loyalty-type products which require me to have continuously held an account for a certain period of time.

It mainly depends on your appetite for keeping track of loads of accounts you don't use much!

The same here. 132 accounts (not including the ones automatically created by the banks on maturity), some of them may never be useful, but this strategy proved to be beneficial.  Keeping track is easy with spreadsheet.

Are you including accounts that keep getting opened but remain unfunded so are automatically closed but swiftly reopened every x days and poor rate accounts that are open with £1 (or less) solely for ``loyalty" purposes in that total? If so then it seems we've coincidentally both ended up with the same number of savings accounts with a purpose.