Regular Savings Accounts: The Best Currently Available List!

WillPS

Dizzycap said:

Bridlington1 said:

WillPS said:

gt94sss2 said:

As well as the new YBS Regular Saver, Moneyfacts shows that Melton Building Society is launching a new Regular Saver 6 account

£200/month with a max balance of £6,000
6% (variable) 

Matures end Sept  2026 apparently, and unlimited withdrawals... that's one worth having if so!

The only snag is that it's branch opening only and Melton BS's branches aren't exactly widespread.

If it were postal opening I'd go for it, but I'd have to travel over 70 miles each way to get to my nearest branch. If I could get there for free I'd do it but the cost of the trip would be more than the extra interest I'd stand to gain on the regular saver.

EDIT:
Moneyfacts was showing incorrect info. Account can also be opened by post.

There is a postal opening for the Melton Reg Saver 6, I've just filled in the form and sent it off. You can also stipulate to access the acount online and Melton will send you out a User ID & Password.

Did you send original ID? It's not particularly clear if ID is required upfront or if they'll come back to you for any documents required.

I'm thinking about putting an application form in the post and seeing what happens - hopefully it'll act as a foot in the door until we can get to a branch in any case (which won't be this week).

s71hj

Re Coop regular saver I thought you had to fund from the required coop current account but have received an email welcoming me to the regular saver that suggests can be funding from a current account with another bank. Am I missing something or is that the case?

ThePirates

My Coop saver is funded from my Nationwide current account

BestSeagull

WillPS said:

Dizzycap said:

Bridlington1 said:

WillPS said:

gt94sss2 said:

As well as the new YBS Regular Saver, Moneyfacts shows that Melton Building Society is launching a new Regular Saver 6 account

£200/month with a max balance of £6,000
6% (variable) 

Matures end Sept  2026 apparently, and unlimited withdrawals... that's one worth having if so!

The only snag is that it's branch opening only and Melton BS's branches aren't exactly widespread.

If it were postal opening I'd go for it, but I'd have to travel over 70 miles each way to get to my nearest branch. If I could get there for free I'd do it but the cost of the trip would be more than the extra interest I'd stand to gain on the regular saver.

EDIT:
Moneyfacts was showing incorrect info. Account can also be opened by post.

There is a postal opening for the Melton Reg Saver 6, I've just filled in the form and sent it off. You can also stipulate to access the acount online and Melton will send you out a User ID & Password.

Did you send original ID? It's not particularly clear if ID is required upfront or if they'll come back to you for any documents required.

I'm thinking about putting an application form in the post and seeing what happens - hopefully it'll act as a foot in the door until we can get to a branch in any case (which won't be this week).

Melton. No need to send unless the auto check fails. It's in the t&c and discussed earlier today. https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1426

WillPS

Apologies, busy day on the thread, must have missed that. Thank you.

BestSeagull

WillPS said:

Apologies, busy day on the thread, must have missed that. Thank you.

It's great to have one of those days where so much good stuff is happening it's hard to keep up!

WillPS

BestSeagull said:

WillPS said:

Apologies, busy day on the thread, must have missed that. Thank you.

It's great to have one of those days where so much good stuff is happening it's hard to keep up!

Agreed!

Two application forms sent off. Wife's name only changed on electoral roll and other accounts in the last few months, so that could scupper electronic identification - but in the worst case hopefully the posted form will act as a 'foot in the door' until we can get to Melton Mowbray or one of their other branches.

jameseonline

Savings Round Up:

New Regulars:

6.25% Coventry Sunny Day (£150 a month, 1 year)
https://www.coventrybuildingsociety.co.uk/member/product/savings/easy_access/sunny-day-saver.html

5.5% Loughborough 5 Year Retirement (£550 a month)
https://www.theloughborough.co.uk/savings/easy-access/5-year-retirement-monthly-saver

Savings Week Launches:

*8% YBS (£50 a month, 1 year)*NOT LIVE YET*

7% HSBC (£250 a month, 1 year)
https://www.hsbc.co.uk/savings/products/regular-saver/

6% Nottingham (£500 a month, 1 year)
https://www.thenottingham.com/savings/products/branch-regular-saver

6% Melton (£200 a month, 2 years)
https://www.themelton.co.uk/regular_savings/regular-saver-6/

Next update whenever a flurry of accounts come along? 😁.

In seriousness would anyone appreciate an update in here or a separate thread?, thinking a here's what you may have missed thing could become a new project.

chris_the_bee

jameseonline said:

Savings Round Up:

New Regulars:

6.25% Coventry Rainy Day (£150 a month, 1 year)
https://www.coventrybuildingsociety.co.uk/member/product/savings/easy_access/sunny-day-saver.html

Savings Week Launches:

*8% YBS (£50 a month, 1 year)*NOT LIVE YET*

7% HSBC (£250 a month, 1 year)
https://www.hsbc.co.uk/savings/products/regular-saver/

6% Nottingham (£500 a month, 1 year)
https://www.thenottingham.com/savings/products/branch-regular-saver

6% Melton (£200 a month, 2 years)
https://www.themelton.co.uk/regular_savings/regular-saver-6/

Next update whenever a flurry of accounts come along? 😁.

In seriousness would anyone appreciate an update in here or a separate thread?, thinking a here's what you may have missed thing could become a new project.

6.25% Coventry Rainy Sunny Day (£150 a month, 1 year)

flaneurs_lobster

jameseonline said:

6.25% Coventry Rainy Sunny Day (£150 a month, 1 year)
https://www.coventrybuildingsociety.co.uk/member/product/savings/easy_access/sunny-day-saver.html

Always an optimist