Regular Savings Accounts: The Best Currently Available List!

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.

simonsmithsays

Kim_13 said:

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.

It's definitely the option should nothing better come along.

Am drowning in accounts!

Worse problems in the world 🌎 though 

FIREmenow

Aidanmc said:

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!

Thanks, it is showing now. 

With all the different banking systems having their own eccentricities it's good to be able to ask here!

Bridlington1

Not a top rate but possibly one to open speculatively:
Melton BS to launch a branch/post Regular Saver 5 at 5% (£500/mth max, unlimited withdrawals)
From what I can see from moneyfacts the account is open ended, though the rate is only paid on the first £6k.

EDIT: Now live
https://www.themelton.co.uk/regular_savings/regular-saver-5/

OneUser1

The Melton Regular Saver @Bridlington1 mentions in the post above now on the Melton Website.