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Regular Savings Accounts: The Best Currently Available List!

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  • jaypers said:
    For anyone with the Beehive RS, don’t forget to move your money after maturity as they will be moving it into a measly 2.65% paying a/c.

    The fixed rate period on your Online Fixed Regular Saver ends on Wednesday 31 July 2024 when we’ll move your balance to our Beehive Easy Access Issue 4 currently at 2.65% gross p.a/AER* variable. 

    Your savings will be available to access from Thursday 1 August 2024 and you can find details on the account here.
    Just looking at my Beehive account there doesn't seem to be any mention of a nominated account for the withdrawal. Don't remember setting one up, is it simply not required or will they do something olde worlde like cut a cheque?
  • Gers
    Gers Posts: 13,173 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    gt94sss2 said:
    If anyone has the Tipton RS which ends at the end of the month, your maturity options are now showing in the app

    Tipton

    Nothing impressive there and no new RS either. it’s all so disappointing but expected. 

  • Is that the only account you hold with Beehive then?

    I also have their Limited Edition Easy Saver (@ 5.20% NLA) and so obviously have a linked nominated account already, so cannot answer your Q directly tbh.
  • jaypers
    jaypers Posts: 1,045 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    jaypers said:
    For anyone with the Beehive RS, don’t forget to move your money after maturity as they will be moving it into a measly 2.65% paying a/c.

    The fixed rate period on your Online Fixed Regular Saver ends on Wednesday 31 July 2024 when we’ll move your balance to our Beehive Easy Access Issue 4 currently at 2.65% gross p.a/AER* variable. 

    Your savings will be available to access from Thursday 1 August 2024 and you can find details on the account here.
    Just looking at my Beehive account there doesn't seem to be any mention of a nominated account for the withdrawal. Don't remember setting one up, is it simply not required or will they do something olde worlde like cut a cheque?
    In the app……
    My Profile
    Nominated Bank Account

    Should be showing there but if not you can set it up. 
  • ForumUser7
    ForumUser7 Posts: 2,465 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Beehive

    IIRC, we had to set NBAs as part of the application and the initial deposit had to come from the NBA. Therefore, all of the RS holders should have one on the records.

    Anyone know of a workaround to set automated maturity preferences into the NBA rather than having to do it manually once it has converted please?
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • jaypers said:
    jaypers said:
    For anyone with the Beehive RS, don’t forget to move your money after maturity as they will be moving it into a measly 2.65% paying a/c.

    The fixed rate period on your Online Fixed Regular Saver ends on Wednesday 31 July 2024 when we’ll move your balance to our Beehive Easy Access Issue 4 currently at 2.65% gross p.a/AER* variable. 

    Your savings will be available to access from Thursday 1 August 2024 and you can find details on the account here.
    Just looking at my Beehive account there doesn't seem to be any mention of a nominated account for the withdrawal. Don't remember setting one up, is it simply not required or will they do something olde worlde like cut a cheque?
    In the app……
    My Profile
    Nominated Bank Account

    Should be showing there but if not you can set it up. 
    Ah, quite right, missed the link. Nominated account present & correct. Thanks
  • londoner62
    londoner62 Posts: 85 Forumite
    Tenth Anniversary 10 Posts Photogenic Name Dropper
    jaypers said:
    For anyone with the Beehive RS, don’t forget to move your money after maturity as they will be moving it into a measly 2.65% paying a/c.

    The fixed rate period on your Online Fixed Regular Saver ends on Wednesday 31 July 2024 when we’ll move your balance to our Beehive Easy Access Issue 4 currently at 2.65% gross p.a/AER* variable. 

    Your savings will be available to access from Thursday 1 August 2024 and you can find details on the account here.
    I think I'll be the minimum amount in the measly account to maintain membership just in case they follow the route many other BS are taking. 
  • jaypers
    jaypers Posts: 1,045 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    jaypers said:
    For anyone with the Beehive RS, don’t forget to move your money after maturity as they will be moving it into a measly 2.65% paying a/c.

    The fixed rate period on your Online Fixed Regular Saver ends on Wednesday 31 July 2024 when we’ll move your balance to our Beehive Easy Access Issue 4 currently at 2.65% gross p.a/AER* variable. 

    Your savings will be available to access from Thursday 1 August 2024 and you can find details on the account here.
    I think I'll be the minimum amount in the measly account to maintain membership just in case they follow the route many other BS are taking. 
    Good shout, thanks. I was just going to bin them off but thinking about it now I’ll leave the requisite £10 in there.
  • schiff
    schiff Posts: 20,265 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Progressive
    When you establish a nominated account do they ask for some sort of verification - like a recent bank statement?
    TIA
  • allegro120
    allegro120 Posts: 1,899 Forumite
    1,000 Posts Second Anniversary Name Dropper
    schiff said:
    Progressive
    When you establish a nominated account do they ask for some sort of verification - like a recent bank statement?
    TIA
    Didn't ask me for anything, account (First Direct) was approved within seconds. 
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