Regular Savings Accounts: The Best Currently Available List!

dealyboy

@Descrabled said:

Nationwide Flex RS2 NLA

There is the ability to add a 13th payment but at 8% on £200 for just shy of a month only gains an additional £1 in interest over that gained by 12 payments. I don't normally bother.

Of course that's true but it is when the payments 2 to 12 are made up to a month earlier than the mensiversary date of payment 1 that gain more.

where_are_we

Descrabled said:

Nationwide Flex RS2 NLA

There is the ability to add a 13th payment but at 8% on £200 for just shy of a month only gains an additional £1 in interest over that gained by 12 payments. I don't normally bother.

What bother is it, when setting up monthly £200 standing orders for a regular saver, to have a specific end date one month later (in order to make 13 payments)?

orange-juice

FishInGlass said:

Nuggy96 said:

Hmm my beehive RS matured today, I have to either leave £10 to keep it open or close the account to get all the cash. Any recommendation? Are people keeping it in case a good existing deal comes out?

I've left the £10 in as it seemed to be the quickest option. Can always close it later.

RE Beehive RS

Have you received your money already? I went with close but it said it take 1-2 working days😞

masonic

orange-juice said:

FishInGlass said:

Nuggy96 said:

Hmm my beehive RS matured today, I have to either leave £10 to keep it open or close the account to get all the cash. Any recommendation? Are people keeping it in case a good existing deal comes out?

I've left the £10 in as it seemed to be the quickest option. Can always close it later.

RE Beehive RS

Have you received your money already? I went with close but it said it take 1-2 working days😞

You can withdraw ahead of requesting closure. Withdrawals to external nominated accounts are next working day. Whether that will get you your money any faster remains to be seen. We'll find out tomorrow...

friolento

Impressed with Tipton. My RS matured yesterday, my maturity instructions were to close the account and pay the balance to my current account at Santander. Money was there when I logged in at 7am this morning

schiff

Progressive
Several efforts to put in the carefully copied code to my phone when aiming to log on - all failed 

Hattie627

friolento said:

Impressed with Tipton. My RS matured yesterday, my maturity instructions were to close the account and pay the balance to my current account at Santander. Money was there when I logged in at 7am this morning

Same good experience with Tipton.

PloughmansLunch

friolento said:

Impressed with Tipton. My RS matured yesterday, my maturity instructions were to close the account and pay the balance to my current account at Santander. Money was there when I logged in at 7am this morning

The account was closed and transferred to me in the middle of the night, but my slight annoyance is that there are no statements (unless something is due in the post?) and the account has now vanished from the app, which somewhat stuffs up my interest spreadsheet. I've deducted the 13 x £500 deposits and the £49-odd interest that I luckily noted from last year so with the remainder it should tally up with an extra £167.95 interest this financial year

Hattie627

PloughmansLunch said:

friolento said:

Impressed with Tipton. My RS matured yesterday, my maturity instructions were to close the account and pay the balance to my current account at Santander. Money was there when I logged in at 7am this morning

The account was closed and transferred to me in the middle of the night, but my slight annoyance is that there are no statements (unless something is due in the post?) and the account has now vanished from the app, which somewhat stuffs up my interest spreadsheet. I've deducted the 13 x £500 deposits and the £49-odd interest that I luckily noted from last year so with the remainder it should tally up with an extra £167.95 interest this financial year

My calculation is as follows:

Maturity amount paid today                    £6,717.84
Less 13X £500 payments                            217.84
Less £49.58 interest paid Dec 2023            168.26  (closing interest)

Kazza242

Virgin Money have launched a new account, called Regular Saver Exclusive, which pays 10.38% AER (fixed).

- Pay in up to £250 per month
- Maximum investment £3,000
- Unlimited withdrawals permitted
- The account can be opened online
- The account matures on 31/07/2025.
- The account is exclusively available to new and existing Virgin Money current account customers.  Your Virgin Money current account needs to have been opened on or after 04/12/2019.  Or, you originally opened your current account with Clydesdale Bank or Yorkshire Bank, such as a Signature Current Account.

Please see the following link here.