Regular Savings Accounts: The Best Currently Available List!

RosieRooBear

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Rudyson said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Thank you. I was thinking about switching away, but will hang on for now

Just as I’ve switched it away to Nationwide for the £200 switch bonus 🤷🏼‍♀️

flaneurs_lobster

RosieRooBear said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Rudyson said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Thank you. I was thinking about switching away, but will hang on for now

Just as I’ve switched it away to Nationwide for the £200 switch bonus 🤷🏼‍♀️

Mine's been sat with a quid in it since it was needed to open a cash ISA last December.

allegro120

flaneurs_lobster said:

RosieRooBear said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Rudyson said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Thank you. I was thinking about switching away, but will hang on for now

Just as I’ve switched it away to Nationwide for the £200 switch bonus 🤷🏼‍♀️

Mine's been sat with a quid in it since it was needed to open a cash ISA last December.

You don't have to have a quid in them.  i have four of these sat empty for about 3 years now.  They used to pay 2% on £1k each, which was a good deal at the time.

PowerSavingMode

Rudyson said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Thank you. I was thinking about switching away, but will hang on for now

And I have *just* switched away. Drat!

jameseonline

Opened the 7.85% (sorry you cant call it 8% when it doesn't even last a year) 6 month Principality Regular Saver & funded, probably going to close my 5.5% Regular pretty much end of next month

Emily_Joy

RosieRooBear said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Rudyson said:

pokemaster said:

Looks like Virgin are thinking about doing a regular saver soon, but might be limited to customers who opened a current account before a certain date 

Thank you. I was thinking about switching away, but will hang on for now

Just as I’ve switched it away to Nationwide for the £200 switch bonus 🤷🏼‍♀️

A few months ago I switched to Ulster for £200 bonus and then a week or two later opened a current account with VM again to get access to market-leading ISA. I had an easy access saver with VM, though that came with the current account, so was an existing customer.

RosieRooBear

@Emily_Joy, good idea thank you. I’ll still have the saver account so if the regular saver is worth it I’ll do that.

surreysaver

jameseonline said:

Opened the 7.85% (sorry you cant call it 8% when it doesn't even last a year) 6 month Principality Regular Saver & funded, probably going to close my 5.5% Regular pretty much end of next month

That was my thought. There's no compounding, as the interest is only paid once. Where do they get 8% from?

jameseonline

surreysaver said:

jameseonline said:

Opened the 7.85% (sorry you cant call it 8% when it doesn't even last a year) 6 month Principality Regular Saver & funded, probably going to close my 5.5% Regular pretty much end of next month

That was my thought. There's no compounding, as the interest is only paid once. Where do they get 8% from?

It's the AER but it isn't because the account doesn't last for a year, just seems misleading to include that % to me.

When you go to your list of Principality accounts list it shows up as 7.85% though.

surreysaver

jameseonline said:

surreysaver said:

jameseonline said:

Opened the 7.85% (sorry you cant call it 8% when it doesn't even last a year) 6 month Principality Regular Saver & funded, probably going to close my 5.5% Regular pretty much end of next month

That was my thought. There's no compounding, as the interest is only paid once. Where do they get 8% from?

It's the AER but it isn't because the account doesn't last for a year, just seems misleading to include that % to me.

When you go to your list of Principality accounts list it shows up as 7.85% though.

Even if it lasted a year it still wouldn't be 8%, assuming they paid the interest at the end