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Regular Savings Accounts: The Best Currently Available List!

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  • tg99
    tg99 Posts: 1,248 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Can someone remind me how it works if set the date of £250 standing order from a Santander current account to HSBC current account as the same day the £250 standing order goes into the HSBC regular saver? If Santander process their standing orders after HSBC and thus funds not there when HSBC try and take then do HSBC automatically try again later in day a bit like banks do with direct debits? Thks 
  • tg99 said:
    Can someone remind me how it works if set the date of £250 standing order from a Santander current account to HSBC current account as the same day the £250 standing order goes into the HSBC regular saver? If Santander process their standing orders after HSBC and thus funds not there when HSBC try and take then do HSBC automatically try again later in day a bit like banks do with direct debits? Thks 
    No, with standing orders I believe that if the money isn’t there in the account , unless you have an overdraft then the standing order isn’t paid.
    so you would need to make sure the money is there the day before I think.
    it is the customer who controls standing orders not the recipient of them like direct debits.
  • Loughborough Retirement Saver

    Do Loughborough BS send withdrawals electronically by faster payment or is it a cheque in the post (or you pay for CHAPS)?
  • Kazza242 said:
    The Yorkshire Building Society 8.00% Regular eSaver has now been launched:
    Doesn't seem like they've solved their technical issues. I managed to open the account, but not without numerous error messages along the way and a death loop of an error at the end.

  • Opened and funded in less than 2mins!
  • Also opened and funded.
  • Opened in less than a minute.
    Although  lve got to wait until  tomorrow  to deposit because I'm  only a member  for a few weeks.
  • OneUser1
    OneUser1 Posts: 104 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 10 September 2024 at 8:07AM
    The 8% Yorkshire opened and funded but the £50 not showing yet - only been a minute. However you have to open the on-line version via the website right now (7:51AM) since it’s not an option in the App yet.

    Edited to add funds now showing. Opened in a couple of minutes and no issues. 
  • I still get "further checks" needed when opening a YBS account even though a member for years
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