Regular Savings Accounts: The Best Currently Available List!

surreysaver

wmb194 said:

DJDools said:

where_are_we said:

Santander RS 19 - "jameseonline" - as others have said higher paying accounts have been maxed out.

Decision is when to open one. Minimum balance is £1 and you can miss as many months deposit as you like.

Remember it is an "anniversary" RS account so second deposit would be 1 month after the first and so on.

It is easy to open if you are already a santander customer.

If you have an old one still running you can close it and open a new one thus locking in for a further 12 months @5%.

Re: Santander Regular eSaver 

I have the Issue 18 and I had no idea it's an 'anniversary' type account. I just pay in whatever sum is good for any given month on the first of each month. I *think* I received the correct due interest from Santander when it renewed itself and the interest was paid!

We don't have to guess, we can know; what do the terms and conditions say? If you have an ongoing SO in place at the time of maturity the regular saver will automatically renew at the prevailing rate.

https://www.santander.co.uk/assets/s3fs-public/AD_documents/regular_saver_issue_19_key_facts_document_save0670jul24ipgcdt.pdf

I've had the Santander Regular Saver in the past and what's in the T&Cs isn't what happened. I stopped the standing order, but the account didn't close. I had to message them for some human intervention 

ircE

In case not already mentioned, Penrith BS Regular Saver 300 @ 6% is NLA.

Principality BS Triple Access Regular Saver @ 6% will be declining to 5.75% from 12th Sep.

PowerSavingMode

surreysaver said:

wmb194 said:

DJDools said:

where_are_we said:

Santander RS 19 - "jameseonline" - as others have said higher paying accounts have been maxed out.

Decision is when to open one. Minimum balance is £1 and you can miss as many months deposit as you like.

Remember it is an "anniversary" RS account so second deposit would be 1 month after the first and so on.

It is easy to open if you are already a santander customer.

If you have an old one still running you can close it and open a new one thus locking in for a further 12 months @5%.

Re: Santander Regular eSaver 

I have the Issue 18 and I had no idea it's an 'anniversary' type account. I just pay in whatever sum is good for any given month on the first of each month. I *think* I received the correct due interest from Santander when it renewed itself and the interest was paid!

We don't have to guess, we can know; what do the terms and conditions say? If you have an ongoing SO in place at the time of maturity the regular saver will automatically renew at the prevailing rate.

https://www.santander.co.uk/assets/s3fs-public/AD_documents/regular_saver_issue_19_key_facts_document_save0670jul24ipgcdt.pdf

I've had the Santander Regular Saver in the past and what's in the T&Cs isn't what happened. I stopped the standing order, but the account didn't close. I had to message them for some human intervention 

I've never had an S.O. for the Santander Regular Saver — and I didn't pay anything in for much of last year, due to better rates elsewhere. It automatically got renewed, even so.

soulsaver

ircE said:

Principality BS Triple Access Regular Saver @ 6% will be declining to 5.75% from 12th Sep.

For info. £50 pm max

surreysaver

ircE said:

In case not already mentioned, Penrith BS Regular Saver 300 @ 6% is NLA.

Principality BS Triple Access Regular Saver @ 6% will be declining to 5.75% from 12th Sep.

Principality's has been mentioned previously. I'm waiting to see if they produce a list of changes, as I have a variable rate ISA with them

Wheres_My_Cashback

surreysaver said:

ircE said:

In case not already mentioned, Penrith BS Regular Saver 300 @ 6% is NLA.

Principality BS Triple Access Regular Saver @ 6% will be declining to 5.75% from 12th Sep.

Principality's has been mentioned previously. I'm waiting to see if they produce a list of changes, as I have a variable rate ISA with them

All currently on sale savings accounts were updated under each product online about a week ago.

surreysaver

Wheres_My_Cashback said:

surreysaver said:

ircE said:

In case not already mentioned, Penrith BS Regular Saver 300 @ 6% is NLA.

Principality BS Triple Access Regular Saver @ 6% will be declining to 5.75% from 12th Sep.

Principality's has been mentioned previously. I'm waiting to see if they produce a list of changes, as I have a variable rate ISA with them

All currently on sale savings accounts were updated under each product online about a week ago.

Mine's a No Longer Available account 

Kim_13

Kazza242 said:

soulsaver said:

Kazza242 said:

schiff said:

Monmouth

My Christmas Issue 5 maturity letter was dated 21/11, received 27/11. Maturity date was 9/12, so my Exclusive letter is getting overdue (maybe we caused it with the palaver over the current two!). Opened 23/8/23.

23/8 is a Friday and an Easy Saver at 4.80% was on offer last time. If there is something similar this time I think I'll take that route as withdrawal is easier and it avoids the weekend problem. The cash is not needed urgently.

I received a letter (dated 7th August) from the Monmouthshire yesterday regarding my 8.00% Exclusive Regular Saver maturity options.  I am awaiting the maturity letter for my other Regular Saver (issue 2), paying 7.00%, which I suspect I will receive within a day or two. 

I also have an easy access account with the Monmouthshire.  When my Monmouth regular savers mature, I do an internal transfer to my easy access account and then transfer the funds out to my nominated current account.  I find it quicker doing it this way.  

I'm guessing the options aren't brilliant ?

The Monmouthshire BS maturity product options are not great.  I would have preferred to have been offered a new competitive regular saver as a follow-on product.  Instead, they are offering:

• Easy Saver (issue 1) -: 3.50%
• Limited Access Saver -: 4.80%
• Maturity 1 Year Fixed Rate Bond (issue 22) -: 4.74%
• Maturity 18 Month Fixed Rate Bond (issue 1) -: 4.55%
• Maturity 2 Year Fixed Rate Bond (issue 23) -: 4.45%

I just received this in the post today. They also want the passbook returning to take one of them, so it seems the easiest thing to do is to not give any instructions in advance, let it default to the Easy Saver, login and request a FP (or an internal transfer for part of the funds, if like me your 7% has another month to run after the 8% version matures.)

jameseonline

Love how the Nationwide app is inviting me to get the 6.5% Regular Saver when my 8% one isn't ending until 21st September.

In other news I'm getting £120 compensation from Virgin Money for the issues I had opening their Regular Saver + a week's worth of interest added to my regular saver, I'm more than happy with that, didn't even have to beg or anything.

Started at a weeks interest, then £100 for website issues, then £20 for the calls I made/callback that didn't happen.

Guess Virgin Money were in a generous mood.

schiff

Kim_13 said:

Kazza242 said:

soulsaver said:

Kazza242 said:

schiff said:

Monmouth

My Christmas Issue 5 maturity letter was dated 21/11, received 27/11. Maturity date was 9/12, so my Exclusive letter is getting overdue (maybe we caused it with the palaver over the current two!). Opened 23/8/23.

23/8 is a Friday and an Easy Saver at 4.80% was on offer last time. If there is something similar this time I think I'll take that route as withdrawal is easier and it avoids the weekend problem. The cash is not needed urgently.

I received a letter (dated 7th August) from the Monmouthshire yesterday regarding my 8.00% Exclusive Regular Saver maturity options.  I am awaiting the maturity letter for my other Regular Saver (issue 2), paying 7.00%, which I suspect I will receive within a day or two. 

I also have an easy access account with the Monmouthshire.  When my Monmouth regular savers mature, I do an internal transfer to my easy access account and then transfer the funds out to my nominated current account.  I find it quicker doing it this way.  

I'm guessing the options aren't brilliant ?

The Monmouthshire BS maturity product options are not great.  I would have preferred to have been offered a new competitive regular saver as a follow-on product.  Instead, they are offering:

• Easy Saver (issue 1) -: 3.50%
• Limited Access Saver -: 4.80%
• Maturity 1 Year Fixed Rate Bond (issue 22) -: 4.74%
• Maturity 18 Month Fixed Rate Bond (issue 1) -: 4.55%
• Maturity 2 Year Fixed Rate Bond (issue 23) -: 4.45%

I just received this in the post today. They also want the passbook returning to take one of them, so it seems the easiest thing to do is to not give any instructions in advance, let it default to the Easy Saver, login and request a FP (or an internal transfer for part of the funds, if like me your 7% has another month to run after the 8% version matures.)

Did they provide a franked envelope or a freepost address?