Regular Savings Accounts: The Best Currently Available List!

RG2015

adindas said:

RG2015 said:

liamcov said:

Does the RBS Select account have any funding requirements? Not been with them before and their website is not clear.

(This is in reference to the new regular saver with them before anyone shoots me down) 

The RBS Select account is not a regular saver. It is a current account. The new regular saver is called the RBS Digital Regular Saver. It requires a monthly funding of between £1 and £50.

https://personal.rbs.co.uk/personal/savings/digital-regular-saver.html

RBS Digital Regular Saver. Could you open it using internet Banking or it has got to be mobile banking ??

I have the equivalent NatWest Digital Saver which I opened in online banking. I assume that the RBS one will be the same.

To be honest, I have never heard of a big six bank that only allowed a savings account to be mobile opening only

RG2015

colsten said:

adindas said:

RG2015 said:

liamcov said:

Does the RBS Select account have any funding requirements? Not been with them before and their website is not clear.

(This is in reference to the new regular saver with them before anyone shoots me down) 

The RBS Select account is not a regular saver. It is a current account. The new regular saver is called the RBS Digital Regular Saver. It requires a monthly funding of between £1 and £50.

https://personal.rbs.co.uk/personal/savings/digital-regular-saver.html

RBS Digital Regular Saver. Could you open it using internet Banking or it has got to be mobile banking ??

Either will do. It's much faster with the app, if you have the app.

Why faster with the app? It took me less than a minute in online banking.

colsten

RG2015 said:

colsten said:

adindas said:

RG2015 said:

liamcov said:

Does the RBS Select account have any funding requirements? Not been with them before and their website is not clear.

(This is in reference to the new regular saver with them before anyone shoots me down) 

The RBS Select account is not a regular saver. It is a current account. The new regular saver is called the RBS Digital Regular Saver. It requires a monthly funding of between £1 and £50.

https://personal.rbs.co.uk/personal/savings/digital-regular-saver.html

RBS Digital Regular Saver. Could you open it using internet Banking or it has got to be mobile banking ??

Either will do. It's much faster with the app, if you have the app.

Why faster with the app? It took me less than a minute in online banking.

To start with, you don't even have to enter your credentials in the app as you can use biometrics. Most app users do. The application for the RS can be complete in 20 seconds flat. But hey, it's personal choice.

RG2015

colsten said:

RG2015 said:

colsten said:

adindas said:

RG2015 said:

liamcov said:

Does the RBS Select account have any funding requirements? Not been with them before and their website is not clear.

(This is in reference to the new regular saver with them before anyone shoots me down) 

The RBS Select account is not a regular saver. It is a current account. The new regular saver is called the RBS Digital Regular Saver. It requires a monthly funding of between £1 and £50.

https://personal.rbs.co.uk/personal/savings/digital-regular-saver.html

RBS Digital Regular Saver. Could you open it using internet Banking or it has got to be mobile banking ??

Either will do. It's much faster with the app, if you have the app.

Why faster with the app? It took me less than a minute in online banking.

To start with, you don't even have to enter your credentials in the app as you can use biometrics. Most app users do. The application for the RS can be complete in 20 seconds flat. But hey, it's personal choice.

20 seconds flat. Don't tell the Gasket who thinks it's a faff.

typistretired

My Coventry Regular Saver matured yesterday.  I was really surprised when I logged in, to check if my Double Access Saver was still 1.20%, as they have dropped rate to 1.10% on website; to find my matured regular saver funds have transferred into an easy access account paying 0.30% it being a weekend.

RG2015

typistretired said:

My Coventry Regular Saver matured yesterday.  I was really surprised when I logged in, to check if my Double Access Saver was still 1.20%, as they have dropped rate to 1.10% on website; to find my matured regular saver funds have transferred into an easy access account paying 0.30% it being a weekend.

You're lucky. My HSBC Regular saver matured on Saturday and now has £3,081.14 earning 0.01% AER.

Ironically, it is still being referred to as a PREF REG SAV.

typistretired

I hope you have opened another

RG2015

typistretired said:

I hope you have opened another

Not eligible until the regular saver has been converted into an easy access saver, hopefully tomorrow.

typistretired

You should try, I did a few months ago and the system allowed me to open another.  The fact the rate has dropped means it is now an easy access.

RG2015

typistretired said:

You should try, I did a few months ago and the system allowed me to open another.  The fact the rate has dropped means it is now an easy access.

I did, and it said I was ineligible because I already hold a Regular Saver account. It went on to say that I would be able to open a new account on or after the date my existing Regular Saver account matures.

Probably due to the weekend being two non working days.