Regular Savings Accounts: The Best Currently Available List!

jameseonline

I had to go through the hassle of using Coventry website to get my ID/username, didn't work 1st time, however I logged in to my account and sent them a secure message to update my address.

Hopefully they'll get that done then I'll apply.

It does seem strange them launching on a non banking day, must be a mistake.

Also I noticed it seems they changing login &/or appearance of the online accounts this month.

allegro120

[Deleted User] said:

LZC said:

[Deleted User] said:

orange-juice said:

Both of my YBS 7.0% and Nationwide 8.0% regular savers have received their 12th payments last month, and are due to mature at some point this month.

Is it possible/worthwhile depositing another payment? I think some people complained  a while ago, about Mon BS not applying interest properly to the 13th payment as the account had reached the deposit limit (12 monthly payments)?

Yes,  l deposited £200 this morning for the NW 8% RS.

Is it showing as received on 1st or 2nd (tomorrow)? I had Nationwide down as one where it doesn’t get credited at weekends. 

I sent it at 9.23am this morning and just checked it's been "excepted " as received  in my RS8%  so now £2600 in RS. My account  matures  on 22 Sept.

Nationwide RS.  Mine matures on 21st Sept, got it up to £2600 today. I FP to current account, transfer to RS from there and it shows instantly no matter what day of the year it is. 

allegro120

orange-juice said:

I jumped the gun and ended up paying into both YBS and NW so they are showing as 6500 and 2600 respectively. However, I do notice that the NW one says 2 Sep so I guess it's still possible that they might return it ( I didn't realise that they didn't process weekend payments?). Either way, hopefully get the full interest rate applied to both but we'll see.

Also, applied for the Coventry RS. I don't do particular well in these prize draw ones (e.g. previous YBS/NW offers). Good luck to all who've entered  . 

Not sure I'll do that refresh trick as I'll have to pay tax on the interest so might not be worth the trouble.

I assume you mean YBS Loyalty Regular e-saver 2023.  Their T&C say "The maximum balance (excluding interest) is £6,000".  I didn't go for 13th payment. It will be interesting to see whether your extra £500 will be returned or accepted.

s71hj

Does anybody know can I open a Nationwide flex regular saver 3 before my flex regular saver 2 has matured? Thanks

WillPS

s71hj said:

Does anybody know can I open a Nationwide flex regular saver 3 before my flex regular saver 2 has matured? Thanks

You can't, AIUI:

You can only be named on one Flex Regular Saver product at any time (of any Issue).

FIREmenow

Coventry Sunny Day

Great info thanks, I also appreciated that Coventry rate drop was a maximum of 0.25% across their savings accounts rather than pre-empting the next cut. Means my Triple with them is still competitive.

Dizzycap

allegro120 said:

[Deleted User] said:

LZC said:

[Deleted User] said:

orange-juice said:

Both of my YBS 7.0% and Nationwide 8.0% regular savers have received their 12th payments last month, and are due to mature at some point this month.

Is it possible/worthwhile depositing another payment? I think some people complained  a while ago, about Mon BS not applying interest properly to the 13th payment as the account had reached the deposit limit (12 monthly payments)?

Yes,  l deposited £200 this morning for the NW 8% RS.

Is it showing as received on 1st or 2nd (tomorrow)? I had Nationwide down as one where it doesn’t get credited at weekends. 

I sent it at 9.23am this morning and just checked it's been "excepted " as received  in my RS8%  so now £2600 in RS. My account  matures  on 22 Sept.

Nationwide RS.  Mine matures on 21st Sept, got it up to £2600 today. I FP to current account, transfer to RS from there and it shows instantly no matter what day of the year it is. 

My Nationwide RS also matures on the 21st September and I too was able to squeeze in another 13th payment of £200 payment taking it upto £2600 - Nice!

Dizzycap

JamesRobinson48 said:

According to Moneyfacts, Coventry BS will launch a new RS:

Sunny Day Saver  -  6.25% p.a., 12 month term, max £150 pm, max investment £1950.

It's unclear if the interest rate is to be fixed or variable, but on past form I assume it'll be variable.

NICE extra! Thanks for the heads up. I've just opened the Sunny Day Saver

Sussex_Green_Man

jameseonline said:

I paid all my regulars today bar Coventry as that has a 15th date on it.

So yeah you can get 13 payments in.

I started a project to deal with 13th payments here that might help:

https://forums.moneysavingexpert.com/discussion/6522620/13th-regular-savings-payment-trick/p1

The T&Cs of the Coventry Sunny Day Regular Saver launched yesterday, specifically say that a 13th payment is allowed if you open the account mid month.  They use a figure of £1950.

subjecttocontract

How much is the Coventry Sunny Day Reg Saver extra month worth ?