Regular Savings Accounts: The Best Currently Available List!

Growingold

The new YBS RS Account is being launched during UK Savers Week which aims to encourage people to start saving if not doing so already. For some people this could be the start of a healthy savings habit.  To save £50 pm is better than saving nothing and can lead to larger savings.  Larger deposits allowed in some RS's though not compulsory may seem daunting to a lot of people when starting their savings journey.

Maybe Beehive will bring one out for UK Savers Week too as they did last year.  Maybe other banks too. 

WillPS

Growingold said:

Maybe Beehive will bring one out for UK Savers Week too as they did last year.  Maybe other banks too. 

Nottingham/Beehive tend to offer something, we will see.

jaypers

Just considering whether to take out a Santander RS to add to the rest, advantage being that the interest rate of 5% can’t be reduced. Only £200 pcm allowed but maybe a no brainer as no restrictions etc. 

poshrule_uk

When does the YBS regular saver open?

allegro120

jaypers said:

Just considering whether to take out a Santander RS to add to the rest, advantage being that the interest rate of 5% can’t be reduced. Only £200 pcm allowed but maybe a no brainer as no restrictions etc. 

I have it opened, it doesn't require any balance or deposits, can't go wrong with it.

allegro120

poshrule_uk said:

When does the YBS regular saver open?

Next Monday.

trickydicky14

Apologies if this has been covered, I received my ‘Signatory form’ from Monmouth B.S for the regular saver, I have added the new account online which is now pending. The form has just been put into the post box today. How soon do I need to wait before I can send some money to the account.

Thanks

PloughmansLunch

trickydicky14 said:

Apologies if this has been covered, I received my ‘Signatory form’ from Monmouth B.S for the regular saver, I have added the new account online which is now pending. The form has just been put into the post box today. How soon do I need to wait before I can send some money to the account.

Thanks

I've just come back 30mins ago from sending the form back at the post office, and have already paid in using the usual details and my new account ref. I did the same last year with the RSes and had no problems.

Section62

Growingold said:

...

Maybe Beehive will bring one out for UK Savers Week too as they did last year.  Maybe other banks too. 

I'm not sure how much longer Beehive will exist (as a brand).  It could be The Nottingham decide to hold off and instead use the launch of a new savings product to gain publicity for what comes next. (just speculation)

Vortigern

trickydicky14 said:

Apologies if this has been covered, I received my ‘Signatory form’ from Monmouth B.S for the regular saver, I have added the new account online which is now pending. The form has just been put into the post box today. How soon do I need to wait before I can send some money to the account.

Thanks

I added the account to online banking as soon as I had the account number. It showed as pending. I then paid into the account before posting the signature form. Thus managed to get the account funded on 30 August.

On that basis I don't think you need to wait.