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Regular Savings Accounts: The Best Currently Available List!

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  • Gers
    Gers Posts: 13,161 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    My take on the lack of a Beehive RS is that the account offered last year runs until 30 September so perhaps they are waiting until then.  I have no insight into their thinking though.
  • Section62
    Section62 Posts: 9,787 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    WillPS said:
    Interesting tidbit - apparently Beehive Money is being brought back in under The Nottingham name in the next 6 months. I think Section62 mentioned this might be happening upthread, seems to be real, and explains why the account isn't being offered in a Beehive flavour . Hopefully with it comes some online access for their branch products.
    I've asked this question in branch today.  The answer was NO.  There will still be Beehive accounts running online and and Nottingham accounts will stay branch only in foreseen future.
    Not what I understood to be the case, hence my speculation that there might not be a new Beehive RS account (and that they may save the budget to make a big splash when Beehive gets rebranded).

    I think there is likely to be online access (at least view only) to Nottingham branch accounts via the online platform, but possibly delayed while they sort the tech out.  My understanding (primarily from AGM info) is that there has been some recognition that no online access to (nominally) branch accounts puts them well behind the curve compared to similar-sized financial services providers.  In fact the only other one in my own portfolio is Virgin Money's branch accounts, but maybe the less said about them the better.

    Rebranding Beehive would effectively just reverse the change where the previous Nottingham online platform (with no access to branch accounts) was (AFAIK) renamed Beehive. But I believe this change will be more significant than just a rebrand.

    I could be wrong and Beehive might still have a long and happy life ahead of it... it is also possible the future plans haven't been circulated down to the level of whoever you spoke to in branch today. Just to repeat though, what I've said is based on a little bit of fact, a little bit of history, and a little bit of speculation. I don't have insider info on what Notts are doing.
  • Section62 said:
    WillPS said:
    Interesting tidbit - apparently Beehive Money is being brought back in under The Nottingham name in the next 6 months. I think Section62 mentioned this might be happening upthread, seems to be real, and explains why the account isn't being offered in a Beehive flavour . Hopefully with it comes some online access for their branch products.
    I've asked this question in branch today.  The answer was NO.  There will still be Beehive accounts running online and and Nottingham accounts will stay branch only in foreseen future.
    Not what I understood to be the case, hence my speculation that there might not be a new Beehive RS account (and that they may save the budget to make a big splash when Beehive gets rebranded).

    I think there is likely to be online access (at least view only) to Nottingham branch accounts via the online platform, but possibly delayed while they sort the tech out.  My understanding (primarily from AGM info) is that there has been some recognition that no online access to (nominally) branch accounts puts them well behind the curve compared to similar-sized financial services providers.  In fact the only other one in my own portfolio is Virgin Money's branch accounts, but maybe the less said about them the better.

    Rebranding Beehive would effectively just reverse the change where the previous Nottingham online platform (with no access to branch accounts) was (AFAIK) renamed Beehive. But I believe this change will be more significant than just a rebrand.

    I could be wrong and Beehive might still have a long and happy life ahead of it... it is also possible the future plans haven't been circulated down to the level of whoever you spoke to in branch today. Just to repeat though, what I've said is based on a little bit of fact, a little bit of history, and a little bit of speculation. I don't have insider info on what Notts are doing.
    Do Virgin Money still have branch only accounts?

    IIRC, I used to have a glut of Virgin Money branch-based regular savers, probably pre-CYBG takeover, but I thought they’d long since matured and I haven’t checked them in a long time.
  • gwapenut
    gwapenut Posts: 1,431 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thanks for those who responded to my question about withdrawing from the Loughborough. This was important to me, because of a previous comment about them being fast to trim headline rates once people are lured in. All in all, I think I'll give it a miss. I don't like not being able to check balance, taxable interest etc online, and with the state of Royal Mail these days, I don't like being reliant on passbook transactions.
  • Section62
    Section62 Posts: 9,787 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    sta0612 said:
    Section62 said:

    I think there is likely to be online access (at least view only) to Nottingham branch accounts via the online platform, but possibly delayed while they sort the tech out.  My understanding (primarily from AGM info) is that there has been some recognition that no online access to (nominally) branch accounts puts them well behind the curve compared to similar-sized financial services providers.  In fact the only other one in my own portfolio is Virgin Money's branch accounts, but maybe the less said about them the better.

    Do Virgin Money still have branch only accounts?

    IIRC, I used to have a glut of Virgin Money branch-based regular savers, probably pre-CYBG takeover, but I thought they’d long since matured and I haven’t checked them in a long time.
    Yes, it was those branch regular savers that matured into instant access accounts of some kind - if they weren't closed they were converted into non-passbook postal accounts when Virgin announced their wide-spread branch closure programme (last year?).  I said 'nominal' because the Virgin Money and some Nottingham branch accounts could also be operated by post, although both providers refer(red) to them as branch ones.

    (As this is the RS thread it might be best to draw a line here, or take the discussion elsewhere)
  • Section62 said:
    sta0612 said:
    Section62 said:

    I think there is likely to be online access (at least view only) to Nottingham branch accounts via the online platform, but possibly delayed while they sort the tech out.  My understanding (primarily from AGM info) is that there has been some recognition that no online access to (nominally) branch accounts puts them well behind the curve compared to similar-sized financial services providers.  In fact the only other one in my own portfolio is Virgin Money's branch accounts, but maybe the less said about them the better.

    Do Virgin Money still have branch only accounts?

    IIRC, I used to have a glut of Virgin Money branch-based regular savers, probably pre-CYBG takeover, but I thought they’d long since matured and I haven’t checked them in a long time.
    Yes, it was those branch regular savers that matured into instant access accounts of some kind - if they weren't closed they were converted into non-passbook postal accounts when Virgin announced their wide-spread branch closure programme (last year?).  I said 'nominal' because the Virgin Money and some Nottingham branch accounts could also be operated by post, although both providers refer(red) to them as branch ones.

    (As this is the RS thread it might be best to draw a line here, or take the discussion elsewhere)
    Thanks. Agreed. I’ve PM’d you.
  • allegro120
    allegro120 Posts: 1,872 Forumite
    1,000 Posts Second Anniversary Name Dropper
    sta0612 said:
    Section62 said:
    WillPS said:
    Interesting tidbit - apparently Beehive Money is being brought back in under The Nottingham name in the next 6 months. I think Section62 mentioned this might be happening upthread, seems to be real, and explains why the account isn't being offered in a Beehive flavour . Hopefully with it comes some online access for their branch products.
    I've asked this question in branch today.  The answer was NO.  There will still be Beehive accounts running online and and Nottingham accounts will stay branch only in foreseen future.
    Not what I understood to be the case, hence my speculation that there might not be a new Beehive RS account (and that they may save the budget to make a big splash when Beehive gets rebranded).

    I think there is likely to be online access (at least view only) to Nottingham branch accounts via the online platform, but possibly delayed while they sort the tech out.  My understanding (primarily from AGM info) is that there has been some recognition that no online access to (nominally) branch accounts puts them well behind the curve compared to similar-sized financial services providers.  In fact the only other one in my own portfolio is Virgin Money's branch accounts, but maybe the less said about them the better.

    Rebranding Beehive would effectively just reverse the change where the previous Nottingham online platform (with no access to branch accounts) was (AFAIK) renamed Beehive. But I believe this change will be more significant than just a rebrand.

    I could be wrong and Beehive might still have a long and happy life ahead of it... it is also possible the future plans haven't been circulated down to the level of whoever you spoke to in branch today. Just to repeat though, what I've said is based on a little bit of fact, a little bit of history, and a little bit of speculation. I don't have insider info on what Notts are doing.
    Do Virgin Money still have branch only accounts?

    IIRC, I used to have a glut of Virgin Money branch-based regular savers, probably pre-CYBG takeover, but I thought they’d long since matured and I haven’t checked them in a long time.
    Yes, it was before the merger, they were releasing new issues every two months and you could have as many issues as you want. I remember regular visits to branch and having a pile of Virgin passbooks :). It was 3%, which was a competitive RS rate at the time.
  • ForumUser7
    ForumUser7 Posts: 2,458 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Chorley BS RS 31.08.2025

    Is it £300 Per Calendar Month? Or £300 Per Account Month?
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Chorley BS RS 31.08.2025

    Is it £300 Per Calendar Month? Or £300 Per Account Month?
    Cannot see anything from Chorley that definitively describes what they constitute as a month, so I would take it as a calendar month, but a phone call in the morning may clear it up for you.

    At 5.15% variable, the account doesn't attract me, personally.
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