We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Regular Savings Accounts: The Best Currently Available List!
Options
Comments
-
changearound1 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)?YBS 7% has a max balance of £6000 so if you've done 12 x £500 then no 13th payment.Nationwide 8% has no such restrictions and should be ok for a 13th.1
-
Cold_comfort said:changearound1 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)?YBS 7% has a max balance of £6000 so if you've done 12 x £500 then no 13th payment.Nationwide 8% has no such restrictions and should be ok for a 13th.5
-
My Nationwide account is showing £200 set to go tomorrow.
Making £2600.
Lets see what happens.0 -
Bridlington1 said:OneUser1 said:Bridlington1 said:JamesRobinson48 said:Bridlington1 said: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.
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/productfeatures.aspx?prodCode=SDS&CTALinks=False
It's currently available to open in online banking, I've just opened it.
Thanks. TBH, I can't remember any RS product ever having been launched on a Sunday. I feel this might be a first.
It goes by calendar month so if it's still available towards the end of the month I'll refresh it to get the 13th payment in.
The account also allows penalty-free early closure.
I've opened and funded the account this morning. If the account is still available at the end of the month I'll close the account then and immediately open and fund a new one, pushing the maturity date to the end of September 2025 and enabling me to get a 13th payment in (S, O, N, D 2024 and J, F, M, A, M, J, J, A, S 2025).
But presumably there is a non-zero risk you will close the old account and Coventry’s systems won’t allow you to open a new account the same day? Plus the possibility that the account could be withdrawn if there’s a whole day’s delay?1 -
Cold_comfort said:changearound1 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)?YBS 7% has a max balance of £6000 so if you've done 12 x £500 then no 13th payment.Nationwide 8% has no such restrictions and should be ok for a 13th.2
-
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)?
Nationwide I've searched, and I originally set up 13 payments, so it must be allowed. It hasn't bounced back yet.I consider myself to be a male feminist. Is that allowed?0 -
flaneurs_lobster said:Cold_comfort said:changearound1 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)?YBS 7% has a max balance of £6000 so if you've done 12 x £500 then no 13th payment.Nationwide 8% has no such restrictions and should be ok for a 13th.0
-
Kim_13 said:liamcov said:My Monmouthshire maturity letter says if I want to withdraw to my nominated account (which they should already have details of) I need to send a original/certified copy of bank statement - any way around this?
1 -
13 x £200 payments into NW over the year making how much in interest.
Is it £120?0 -
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)?1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards