Regular Savings Accounts: The Best Currently Available List!

londoner62

lyic said:

Progressive Online Regular Rainy Day Saver Account

Does anyone know if this account requires UK citizenship? There is a question in the online application form asking if you are a UK citizen and resident. If you answer no, it seems that they cannot accept your application. However, there does not seem to be any mention in their terms and conditions that they do not offer accounts to non-UK citizens. I can only found the following resident requirement: 

3. Opening an account
3.2 Restrictions
Accounts are only available to UK residents. ...

For what it is worth, my British resident, USA national (only) wife has a dozen or so regular savers with different building societies and never has had a problem. The key is their stating 'Resident'. Most times they ask for her TIN and occasionally her NI number. If she had wanted this one she would have applied not expecting any problems (though I do notice on the thread that many are experiencing issues).

SavingsBoo

Tipton & Coseley RS maturing 28th July 24

Is anyone else waiting impatiently for something to happen?  I selected my maturity option in the app last week but so far no interest showing and my balance is still sitting there.

gt94sss2

SavingsBoo said:

Tipton & Coseley RS maturing 28th July 24

Is anyone else waiting impatiently for something to happen?  I selected my maturity option in the app last week but so far no interest showing and my balance is still sitting there.

The account matures on the 31 July.

Special_Saver2

Hi Folks,

I have just updated the first page of this thread.

- Hinckley and Rugby BS Regular Saver 30 Day Notice Account (Issue 2) replaces issue 1 with a lower interest rate (5.1%) and a higher monthly maximum deposit (£1,000), there is no penalty for missing payments (with issue 1 you could only miss one monthly payment), you can only hold one Regular Saver account (irrespective of the issue number) with them at any time. 

- Skipton Home Deposit Saver added to the homebuyer post on page 1 paying 5.06% gross p.a. variable (this interest rate first noted July 2024) on up to £500 per month for 2 years, any unused monthly allowances can be rolled over to future months, up to a maximum of £12,000 over the 24 month term, no withdrawals except for account closure (which you can do without notice and without penalty).

- Vernon BS Online Regular Saver entry I have added this "It may be possible for people living outside this area who are existing members and who joined before 1st May 2024 to open this account by logging on and then selecting the option to open this account according to posts on page 1324 of this thread but doing so is not in line with the stated terms and conditions of the account."

I will do the next update within the next 2 weeks.

SS2

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For those new to this thread, the first few posts are regularly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

FIREmenow

Progressive Rainy Day

Had this account been open long enough to know if the payment needing to arrive by 25th is a hard deadline or an advisory? And whether is likely to be returned to sender or counted as the next month's?

Only been able to make the initial payment today (faster payment) - tried it anyway and wondering if it will bounce. Hoping it will be ok as month-end is midweek.

Aidanmc

FIREmenow said:

Progressive Rainy Day

Had this account been open long enough to know if the payment needing to arrive by 25th is a hard deadline or an advisory? And whether is likely to be returned to sender or counted as the next month's?

Only been able to make the initial payment today (faster payment) - tried it anyway and wondering if it will bounce. Hoping it will be ok as month-end is midweek.

I think it will be ok and showing on your account tomorrow.

Some accounts at other banks/bs state this also about the 25th, i think its allowing for if there is a weekend at end of February, just a guess though!

Wheres_My_Cashback

FIREmenow said:

Progressive Rainy Day

Had this account been open long enough to know if the payment needing to arrive by 25th is a hard deadline or an advisory? And whether is likely to be returned to sender or counted as the next month's?

Only been able to make the initial payment today (faster payment) - tried it anyway and wondering if it will bounce. Hoping it will be ok as month-end is midweek.

It will be perfectly OK.

I delayed opening my account to the 16th, but purposely didn't fund til yesterday to take advantage of about £15 extra interest overall and to ensure it matures on a weekday. It took 2 hours to show up online.
Maturity on this account is not based on application opening, it's 365 days from min £20 deposit.

I've never known any RS which stipulates a near eom cut off date to actually apply it, it's there for reasons discussed dozens of times before.

simonsmithsays

Monmouthshire

Any rumours coming from them about future decent RS (not the 4.75 one they're currently offering)?

My most recent and only accounts current RS (7 and 8%) accounts mature next month and I'd be keen to stay a member.

flaneurs_lobster

simonsmithsays said:

Monmouthshire

Any rumours coming from them about future decent RS (not the 4.75 one they're currently offering)?

My most recent and only accounts current RS (7 and 8%) accounts mature next month and I'd be keen to stay a member.

Could do what I've done and open their Easy Saver with a couple of quid. Another passbook is always nice to have..

Kim_13

simonsmithsays said:

Monmouthshire

Any rumours coming from them about future decent RS (not the 4.75 one they're currently offering)?

My most recent and only accounts current RS (7 and 8%) accounts mature next month and I'd be keen to stay a member.

Leave £1 in one of the maturing accounts rather than closing that one completely - it becomes an Easy Access. Easy to do if you have a nominated account set up, they don’t ask for the passbook to be presented to make a withdrawal.