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Regular Savings Accounts: The Best Currently Available List!

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  • badger09
    badger09 Posts: 11,575 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 31 October 2024 at 1:46PM
    MonBS Regular saver. 

    Hello.
    I opened the bog standard RS at 4.75% on the 14th of this month. And it's up and running but today l was sent another signature  form for the same account to sign.

    Also received  a signature  form for their instant saver which l already have  £1 sitting in.
    Do you have a question? 
  • Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
  • Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
    Probably leaning towards both. Depends on how much cash you have to save each month, it is obviously better to lodge your cash in the account paying the highest interest (all other things being equal). 
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    100 Posts Name Dropper Photogenic
    edited 31 October 2024 at 1:46PM
    badger09 said:
    MonBS Regular saver. 

    Hello.
    I opened the bog standard RS at 4.75% on the 14th of this month. And it's up and running but today l was sent another signature  form for the same account to sign.

    Also received  a signature  form for their instant saver which l already have  £1 sitting in.
    Do you have a question? 
    No, was just stating  my experience  with Monmouthshire because it seems some are having issues  with loss of application information.

    Was just commenting  on having two extra signatures forms  being sent  to already  live accounts. 

    I've always got questions  :)


  • Nick_C
    Nick_C Posts: 7,602 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
    If you are actually saving £500 a month from surplus income (as opposed to moving money around), the best option is £300 to Progressive and £200 to Monmouthshire.
  • Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
    Keep in mind a lot of people in this thread have probably got the two previous 7% and 8% Monmouthshire RS's maturing around this time as well, so that's more than £8k to redeploy for those who've paid into them every month.  Therefore a new regular saver that allows £500 a month is a very convenient way to deploy some of those funds for those of us in that position!
  • trickydicky14
    trickydicky14 Posts: 1,244 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Nick_C said:
    Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
    If you are actually saving £500 a month from surplus income (as opposed to moving money around), the best option is £300 to Progressive and £200 to Monmouthshire.
    Agreed, it's not rocket science.
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
    Whichever you may choose to save with I wouldn't hang about, those accounts may not be around for much longer.
  • jameseonline
    jameseonline Posts: 1,057 Forumite
    500 Posts First Anniversary Name Dropper
    Progressive basically no help to me, seems my enquiry went through twice, they marked it as resolved and basically told me to try again🙄😌, also said to make sure I fill out all 5 sections, I'm like I've done all that hence why I sent an enquiry 
  • Am I right in thinking the Monmouthshire Reg Saver is paying 6% at £500 a month.
    I was looking at the Progressive Reg Saver paying 7% at £300 a month.

    Why is everyone leaning towards the Monmouthshire Reg Saver?
    Whichever you may choose to save with I wouldn't hang about, those accounts may not be around for much longer.
    flaneurs_lobster & others 
    is it mandatory to open current account to have Progressive Reg Saver? Vaguely remember that there was certified ID requirement that would cost a good amount of money.
    Sorry missed reading about it all, unwell. I missed Monmouth Reg Saver too :-(

    If anyone knows page no where relevant info is, it will be very helpful. Thanks
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