We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Regular Savings Accounts: The Best Currently Available List!

1132213231325132713281699

Comments

  • FIREmenow
    FIREmenow Posts: 375 Forumite
    100 Posts Second Anniversary Name Dropper
    Dizzycap said:
    Progressive Building Society - 7% Variable 1 year Online Regular Rainy Day Saver
    • A variable rate of interest for 1 year
    • Invest from £20
    • Maximum saving of £300 per month
    • Instant Access
    • Apply and manage online only

    https://theprogressive.com/savings/online-savings/online-regular-rainy-day-saver-account

    ENJOY! ;)
    It's good info but I'm afraid @OneUser1 beat you to it 2 months ago.
    Now that the vanguard has had some time to battle through the application process... Do you think it's worth it?  I have an Ulster current account, so wondering if using that as the linked account would speed things up - not having all the bank sort codes added seems to be one of the stumbling blocks.
  • FIREmenow said:
    Dizzycap said:
    Progressive Building Society - 7% Variable 1 year Online Regular Rainy Day Saver
    • A variable rate of interest for 1 year
    • Invest from £20
    • Maximum saving of £300 per month
    • Instant Access
    • Apply and manage online only

    https://theprogressive.com/savings/online-savings/online-regular-rainy-day-saver-account

    ENJOY! ;)
    It's good info but I'm afraid @OneUser1 beat you to it 2 months ago.
    Now that the vanguard has had some time to battle through the application process... Do you think it's worth it?  I have an Ulster current account, so wondering if using that as the linked account would speed things up - not having all the bank sort codes added seems to be one of the stumbling blocks.
    I used Ulster as my nominated account and it was accepted instantly.
  • Bridlington1
    Bridlington1 Posts: 4,112 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    FIREmenow said:
    Dizzycap said:
    Progressive Building Society - 7% Variable 1 year Online Regular Rainy Day Saver
    • A variable rate of interest for 1 year
    • Invest from £20
    • Maximum saving of £300 per month
    • Instant Access
    • Apply and manage online only

    https://theprogressive.com/savings/online-savings/online-regular-rainy-day-saver-account

    ENJOY! ;)
    It's good info but I'm afraid @OneUser1 beat you to it 2 months ago.
    Now that the vanguard has had some time to battle through the application process... Do you think it's worth it?  I have an Ulster current account, so wondering if using that as the linked account would speed things up - not having all the bank sort codes added seems to be one of the stumbling blocks.
    The account pays 7% (I have to pull money out of accounts paying 5.6% to fund it), it was quick/easy enough to set up online and my nominated account was accepted immediately (I can't recall off the top of my head which one I used though, might've been Ulster).

    For me it is definitely worth opening and it remains a valued part to my collection.
  • FIREmenow
    FIREmenow Posts: 375 Forumite
    100 Posts Second Anniversary Name Dropper
    FIREmenow said:
    Dizzycap said:
    Progressive Building Society - 7% Variable 1 year Online Regular Rainy Day Saver
    • A variable rate of interest for 1 year
    • Invest from £20
    • Maximum saving of £300 per month
    • Instant Access
    • Apply and manage online only

    https://theprogressive.com/savings/online-savings/online-regular-rainy-day-saver-account

    ENJOY! ;)
    It's good info but I'm afraid @OneUser1 beat you to it 2 months ago.
    Now that the vanguard has had some time to battle through the application process... Do you think it's worth it?  I have an Ulster current account, so wondering if using that as the linked account would speed things up - not having all the bank sort codes added seems to be one of the stumbling blocks.
    I used Ulster as my nominated account and it was accepted instantly.
    Thanks and thanks @Bridlington1 think I'll give it a go!
  • Snapdragon
    Snapdragon Posts: 351 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Progressive Building Society - 7% Variable 1 year Online Regular Rainy Day Saver

    Can anyone advise on the setup of the standing order please? I applied as soon as this became available and after a call with customer services eventually got set up and made the full July payment with my debit card. I want to set up the August & future payments as a SO from Lloyds but have tried without success:
    • Tried to setup new payee
    • Ticked the yes I'm paying a business
    • Payee Progressive Building Society 
    • Sort code & their 605... account number as supplied, 
    • It confirms a match for Progressive BS BUT gives me a message when I press to continue intending to set up the reference as my account number, that instead I MUST provide the account name NOT the building society!
    Totally confused. I've never had this issue before with other regular savers where you pay a building society general account and use the reference field for your personal account number, so not sure what to do next.

    Anyone else had similar issue?
    Hope someone can help. Thanks.
    • allegro120
      allegro120 Posts: 2,120 Forumite
      1,000 Posts Second Anniversary Name Dropper
      Progressive Building Society - 7% Variable 1 year Online Regular Rainy Day Saver

      Can anyone advise on the setup of the standing order please? I applied as soon as this became available and after a call with customer services eventually got set up and made the full July payment with my debit card. I want to set up the August & future payments as a SO from Lloyds but have tried without success:
      • Tried to setup new payee
      • Ticked the yes I'm paying a business
      • Payee Progressive Building Society 
      • Sort code & their 605... account number as supplied, 
      • It confirms a match for Progressive BS BUT gives me a message when I press to continue intending to set up the reference as my account number, that instead I MUST provide the account name NOT the building society!
      Totally confused. I've never had this issue before with other regular savers where you pay a building society general account and use the reference field for your personal account number, so not sure what to do next.

      Anyone else had similar issue?
      Hope someone can help. Thanks.
        The reference should be 11 digits (the last one is a letter, at least in my case) that Progressive gave you.  My donor bank (FD) said that the reference is incorrect, I ignored this and proceeded with the payment.  The money arrived to Progressive, no problem.
      • CuparLad
        CuparLad Posts: 158 Forumite
        100 Posts Second Anniversary Name Dropper
        The reference should be 11 digits (the last one is a letter, at least in my case) that Progressive gave you.  My donor bank (FD) said that the reference is incorrect, I ignored this and proceeded with the payment.  The money arrived to Progressive, no problem.
        Same. It's likely that if you try and pay into the newly-opened account immediately, the Progressive's intermediary won't have received an updated account number list, so it's not recopgnised. Like @allegro120, I just ignored the error, made the payment and it showed up within an hour or so (when I next looked). If you wait overnight the problem probably doesn't occur.
      • 10_66
        10_66 Posts: 3,499 Forumite
        Part of the Furniture 1,000 Posts Name Dropper Photogenic
        allegro120 said:

        The reference should be 11 digits (the last one is a letter, at least in my case) that Progressive gave you...
        Some reference numbers contain no letters, just 11 numbers.
      Meet your Ambassadors

      🚀 Getting Started

      Hi new member!

      Our Getting Started Guide will help you get the most out of the Forum

      Categories

      • All Categories
      • 352.1K Banking & Borrowing
      • 253.5K Reduce Debt & Boost Income
      • 454.2K Spending & Discounts
      • 245.1K Work, Benefits & Business
      • 600.7K Mortgages, Homes & Bills
      • 177.4K Life & Family
      • 258.8K Travel & Transport
      • 1.5M Hobbies & Leisure
      • 16.2K Discuss & Feedback
      • 37.6K Read-Only Boards

      Is this how you want to be seen?

      We see you are using a default avatar. It takes only a few seconds to pick a picture.