Regular Savings Accounts: The Best Currently Available List!

[Deleted User]

As I mentioned/suspected a while back, the Tipton and Coseley regular saver is not going to have a renewal option, or at least thats what I've been told again today.

Seemingly no plans for any RS.

Velvet_Monkey

trickydicky14 said:

WillPS said:

trickydicky14 said:

Bigwheels1111 said:

surreysaver said:

Fingerbobs said:

Just went to open an HSBC regular saver, and found this is showing as 5%, not 7%. Has it changed, or am I looking in the wrong place? 

That's a nuisance. I was holding off opening one to spread out maturing regular savers this time next year. That'll learn me!
I'd better open the Nationwide 6.5% one before that disappears!

I'm with you but for TSB, mine matures on the 10th October and wanted to wait until the 31st so I could make a 1ST of November payment as well, but looks like they might be dropping.

So will just renew on same day.

What makes you think (it could be dropping) nothing on TSB website or moneyfacts?

Perhaps the backdrop of rates overall dropping and expected to drop further, and also deals at or around the 6% they offer being shortlived.

I think it's sensible to get any products you're interested in now or ASAP, especially when the gain on waiting is marginal.

I agree you can’t let the grass grow under your feet but I think regular savers have so far held up well. In the past two weeks I’ve opened Melton R.S @6% Market Harborough @6% and Zopa @7.5%.

How do you get 7.5% with Zopa? I've looked at their rates, even boosted ones, and they all seem to be around 4.x%?

orange-juice

Velvet_Monkey said:

How do you get 7.5% with Zopa? I've looked at their rates, even boosted ones, and they all seem to be around 4.x%?

It’s linked to the Zopa current account, which is currently in Beta and rolled out to certain users - https://forums.moneysavingexpert.com/discussion/6558436/zopa-current-account#latest.

janusd

Velvet_Monkey said:

trickydicky14 said:

WillPS said:

trickydicky14 said:

Bigwheels1111 said:

surreysaver said:

Fingerbobs said:

Just went to open an HSBC regular saver, and found this is showing as 5%, not 7%. Has it changed, or am I looking in the wrong place? 

That's a nuisance. I was holding off opening one to spread out maturing regular savers this time next year. That'll learn me!
I'd better open the Nationwide 6.5% one before that disappears!

I'm with you but for TSB, mine matures on the 10th October and wanted to wait until the 31st so I could make a 1ST of November payment as well, but looks like they might be dropping.

So will just renew on same day.

What makes you think (it could be dropping) nothing on TSB website or moneyfacts?

Perhaps the backdrop of rates overall dropping and expected to drop further, and also deals at or around the 6% they offer being shortlived.

I think it's sensible to get any products you're interested in now or ASAP, especially when the gain on waiting is marginal.

I agree you can’t let the grass grow under your feet but I think regular savers have so far held up well. In the past two weeks I’ve opened Melton R.S @6% Market Harborough @6% and Zopa @7.5%.

How do you get 7.5% with Zopa? I've looked at their rates, even boosted ones, and they all seem to be around 4.x%?

you would need to open a bank account with them - currently in beta, so you may get an invite to open one in the Zopa app... once you have the bank account (takes a few minutes to go through the ID process), then you can open and fund the RS.

allegro120

[Deleted User] said:

As I mentioned/suspected a while back, the Tipton and Coseley regular saver is not going to have a renewal option, or at least thats what I've been told again today.

Seemingly no plans for any RS.

I didn't think they will, but I'm planning to retain the membership.  Hopefully the Easy Access Maturity Saver won't have any unfavourable conditions.

WillPS

Melton BS Regular Saver 6

'Nipped' to Melton Mowbray to get the wife's account sorted. Electronic ID had failed when we applied although they reran it today and it was fine. I'm presuming they miskeyed something with our posted forms.

Oh well, nice trip to a town I've never been to.

The very nice member of staff said they'd be able to open the account since we applied "before it was withdrawn". I said I wasn't aware it had been, and she said something along the lines of "oh yes, it hasn't yet".

In short - last call for this account.

Sarahspangles

WillPS said:

Melton BS Regular Saver 6

'Nipped' to Melton Mowbray to get the wife's account sorted. Electronic ID had failed when we applied although they reran it today and it was fine. I'm presuming they miskeyed something with our posted forms.

Oh well, nice trip to a town I've never been to.

The very nice member of staff said they'd be able to open the account since we applied "before it was withdrawn". I said I wasn't aware it had been, and she said something along the lines of "oh yes, it hasn't yet".

In short - last call for this account.

Did you have a pork pie?

ChewyyBacca

Recently opened Market Harborough BS Reg Saver at 6%, in last week of Sept

Received a call from a market research company asking how was the experience with MHBS

Are they just sharing our data with third parties without consent?
Was it somewhere in terms & conditions document in fine print, that we have given away our privacy rights?

flaneurs_lobster

ChewyyBacca said:

Recently opened Market Harborough BS Reg Saver at 6%, in last week of Sept

Received a call from a market research company asking how was the experience with MHBS

Are they just sharing our data with third parties without consent?
Was it somewhere in terms & conditions document in fine print, that we have given away our privacy rights?

No different to the common follow-ups after opening accounts elsewhere, except MHBS have outsourced it. Think this is included with the usual agreement to receive marketing and other comms. The research Co will have the same GPRS responsibilities as its sponsor. 

CuparLad

flaneurs_lobster said:

No different to the common follow-ups after opening accounts elsewhere, except MHBS have outsourced it. Think this is included with the usual agreement to receive marketing and other comms. The research Co will have the same GPRS responsibilities as its sponsor. 

You may mean GDPR.

ChewyyBacca said:

Recently opened Market Harborough BS Reg Saver at 6%, in last week of Sept

Received a call from a market research company asking how was the experience with MHBS

Are they just sharing our data with third parties without consent?
Was it somewhere in terms & conditions document in fine print, that we have given away our privacy rights?

Your personal data can generally only be shared with your informed consent. The Information Commissioner's Office generally takes a dim view of burying consent deep within T&C's. If you opted into Marketing, that may be the basis on which they have processed your personal data. They may also claim Legitimate Interest grounds. You could put a call into MHBS and ask on what grounds they passed your personal data to a third-party. If they claim informed consent you can ask them to prove that. 

Either way, you can withdraw your consent at any time and object to their Legitimate Interest grounds for processing under Article 17 of the UK General Data Protection Regulations.