Regular Savings Accounts: The Best Currently Available List!

Marcoos

@s71hj

Have a look here:

https://forums.moneysavingexpert.com/discussion/6445857/savings-investment-dds-and-debit-card-deposits-an-updated-list/p1

ForumUser7

DJDools said:

s71hj said:

surreysaver said:

s71hj said:

Stargunner said:

s71hj said:

friolento said:

s71hj said:

WillPS said:

castle96 said:

How do you get these to £5k. They are only £150 p/mth

• Round ups on debit card (i.e. 'pay' 1p to get £1.98 added to the account)
• MyRewards payouts (when you select the Digital Regular Saver to payout to).
  

The above don't count towards the £150/month deposit cap. Otherwise it's 30-33 monthly deposits.

Sorry, I'm late to the whole Natwest/RBS round up thing. Is there a summary anywhere of the benefits that can be gained by using it and how to do so?. My current assumption is that the main one is that the £150 a month deposit limit can be increased by deliberately choosing to use the debit card in such a way as to generate round ups so you earn the 6% on more than £150 a month and reach £5000 limit quicker. Also on a related thing, can you have an RBS and Natwest RS then? I thought you could only have one or the other for some reason 

You can also deposit any Reward payments you may be earning at Natwest into the Digital Saver. Such payments don't count towards the monthly £150, either.

Same at RBS.

Thanks. From my point of view, the money I'm able to use to fund my multiple RS accounts comes from spending on 0% credit cards so if I switched to debit card spending it would reduce what I had available so I'll have to think if its worth partly switching to debit card spending.

You can use your debit card to pay into a savings account to earn the round ups. Then you can withdraw the money from the savings account.

That's useful to know. Do most savings accounts have facility to pay money in via debit card? Not something I've come across before.

They're few and far between. Just a few select ones 

surreysaver said:

s71hj said:

Stargunner said:

s71hj said:

friolento said:

s71hj said:

WillPS said:

castle96 said:

How do you get these to £5k. They are only £150 p/mth

• Round ups on debit card (i.e. 'pay' 1p to get £1.98 added to the account)
• MyRewards payouts (when you select the Digital Regular Saver to payout to).
  

The above don't count towards the £150/month deposit cap. Otherwise it's 30-33 monthly deposits.

Sorry, I'm late to the whole Natwest/RBS round up thing. Is there a summary anywhere of the benefits that can be gained by using it and how to do so?. My current assumption is that the main one is that the £150 a month deposit limit can be increased by deliberately choosing to use the debit card in such a way as to generate round ups so you earn the 6% on more than £150 a month and reach £5000 limit quicker. Also on a related thing, can you have an RBS and Natwest RS then? I thought you could only have one or the other for some reason 

You can also deposit any Reward payments you may be earning at Natwest into the Digital Saver. Such payments don't count towards the monthly £150, either.

Same at RBS.

Thanks. From my point of view, the money I'm able to use to fund my multiple RS accounts comes from spending on 0% credit cards so if I switched to debit card spending it would reduce what I had available so I'll have to think if its worth partly switching to debit card spending.

You can use your debit card to pay into a savings account to earn the round ups. Then you can withdraw the money from the savings account.

That's useful to know. Do most savings accounts have facility to pay money in via debit card? Not something I've come across before.

They're few and far between. Just a few select ones 

What are the select ones?

I'm not sure about paying into REGULAR savings accounts, but the following do allow debit card payments into their general savings accounts:

• Skipton Building Society
• Yorkshire Building Society

Those two do allow it into Regular Saver Accounts generally - though some products may have specific restrictions that I am unaware of. SRBS for example allows it into easy access but not regular saver.

surreysaver

DJDools said:

s71hj said:

surreysaver said:

s71hj said:

Stargunner said:

s71hj said:

friolento said:

s71hj said:

WillPS said:

castle96 said:

How do you get these to £5k. They are only £150 p/mth

• Round ups on debit card (i.e. 'pay' 1p to get £1.98 added to the account)
• MyRewards payouts (when you select the Digital Regular Saver to payout to).
  

The above don't count towards the £150/month deposit cap. Otherwise it's 30-33 monthly deposits.

Sorry, I'm late to the whole Natwest/RBS round up thing. Is there a summary anywhere of the benefits that can be gained by using it and how to do so?. My current assumption is that the main one is that the £150 a month deposit limit can be increased by deliberately choosing to use the debit card in such a way as to generate round ups so you earn the 6% on more than £150 a month and reach £5000 limit quicker. Also on a related thing, can you have an RBS and Natwest RS then? I thought you could only have one or the other for some reason 

You can also deposit any Reward payments you may be earning at Natwest into the Digital Saver. Such payments don't count towards the monthly £150, either.

Same at RBS.

Thanks. From my point of view, the money I'm able to use to fund my multiple RS accounts comes from spending on 0% credit cards so if I switched to debit card spending it would reduce what I had available so I'll have to think if its worth partly switching to debit card spending.

You can use your debit card to pay into a savings account to earn the round ups. Then you can withdraw the money from the savings account.

That's useful to know. Do most savings accounts have facility to pay money in via debit card? Not something I've come across before.

They're few and far between. Just a few select ones 

surreysaver said:

s71hj said:

Stargunner said:

s71hj said:

friolento said:

s71hj said:

WillPS said:

castle96 said:

How do you get these to £5k. They are only £150 p/mth

• Round ups on debit card (i.e. 'pay' 1p to get £1.98 added to the account)
• MyRewards payouts (when you select the Digital Regular Saver to payout to).
  

The above don't count towards the £150/month deposit cap. Otherwise it's 30-33 monthly deposits.

Sorry, I'm late to the whole Natwest/RBS round up thing. Is there a summary anywhere of the benefits that can be gained by using it and how to do so?. My current assumption is that the main one is that the £150 a month deposit limit can be increased by deliberately choosing to use the debit card in such a way as to generate round ups so you earn the 6% on more than £150 a month and reach £5000 limit quicker. Also on a related thing, can you have an RBS and Natwest RS then? I thought you could only have one or the other for some reason 

You can also deposit any Reward payments you may be earning at Natwest into the Digital Saver. Such payments don't count towards the monthly £150, either.

Same at RBS.

Thanks. From my point of view, the money I'm able to use to fund my multiple RS accounts comes from spending on 0% credit cards so if I switched to debit card spending it would reduce what I had available so I'll have to think if its worth partly switching to debit card spending.

You can use your debit card to pay into a savings account to earn the round ups. Then you can withdraw the money from the savings account.

That's useful to know. Do most savings accounts have facility to pay money in via debit card? Not something I've come across before.

They're few and far between. Just a few select ones 

What are the select ones?

I'm not sure about paying into REGULAR savings accounts, but the following do allow debit card payments into their general savings accounts:

• Skipton Building Society
• Yorkshire Building Society

And the Cambridge Building Society. There's probably one or two others, these three are the ones I am aware of and use.
There's NS&I too, but it takes nearly two weeks with them for you to be able to retrieve your money again. There's reports of Skipton getting funny about it if you make too much of the facility.
And Chip. I use them - that one's quite handy, because you can use Google Pay, which allows you to use umpteen debit cards easily.

simonsmithsays

surreysaver said:

DJDools said:

s71hj said:

surreysaver said:

s71hj said:

Stargunner said:

s71hj said:

friolento said:

s71hj said:

WillPS said:

castle96 said:

How do you get these to £5k. They are only £150 p/mth

• Round ups on debit card (i.e. 'pay' 1p to get £1.98 added to the account)
• MyRewards payouts (when you select the Digital Regular Saver to payout to).
  

The above don't count towards the £150/month deposit cap. Otherwise it's 30-33 monthly deposits.

Sorry, I'm late to the whole Natwest/RBS round up thing. Is there a summary anywhere of the benefits that can be gained by using it and how to do so?. My current assumption is that the main one is that the £150 a month deposit limit can be increased by deliberately choosing to use the debit card in such a way as to generate round ups so you earn the 6% on more than £150 a month and reach £5000 limit quicker. Also on a related thing, can you have an RBS and Natwest RS then? I thought you could only have one or the other for some reason 

You can also deposit any Reward payments you may be earning at Natwest into the Digital Saver. Such payments don't count towards the monthly £150, either.

Same at RBS.

Thanks. From my point of view, the money I'm able to use to fund my multiple RS accounts comes from spending on 0% credit cards so if I switched to debit card spending it would reduce what I had available so I'll have to think if its worth partly switching to debit card spending.

You can use your debit card to pay into a savings account to earn the round ups. Then you can withdraw the money from the savings account.

That's useful to know. Do most savings accounts have facility to pay money in via debit card? Not something I've come across before.

They're few and far between. Just a few select ones 

surreysaver said:

s71hj said:

Stargunner said:

s71hj said:

friolento said:

s71hj said:

WillPS said:

castle96 said:

How do you get these to £5k. They are only £150 p/mth

• Round ups on debit card (i.e. 'pay' 1p to get £1.98 added to the account)
• MyRewards payouts (when you select the Digital Regular Saver to payout to).
  

The above don't count towards the £150/month deposit cap. Otherwise it's 30-33 monthly deposits.

Sorry, I'm late to the whole Natwest/RBS round up thing. Is there a summary anywhere of the benefits that can be gained by using it and how to do so?. My current assumption is that the main one is that the £150 a month deposit limit can be increased by deliberately choosing to use the debit card in such a way as to generate round ups so you earn the 6% on more than £150 a month and reach £5000 limit quicker. Also on a related thing, can you have an RBS and Natwest RS then? I thought you could only have one or the other for some reason 

You can also deposit any Reward payments you may be earning at Natwest into the Digital Saver. Such payments don't count towards the monthly £150, either.

Same at RBS.

Thanks. From my point of view, the money I'm able to use to fund my multiple RS accounts comes from spending on 0% credit cards so if I switched to debit card spending it would reduce what I had available so I'll have to think if its worth partly switching to debit card spending.

You can use your debit card to pay into a savings account to earn the round ups. Then you can withdraw the money from the savings account.

That's useful to know. Do most savings accounts have facility to pay money in via debit card? Not something I've come across before.

They're few and far between. Just a few select ones 

What are the select ones?

I'm not sure about paying into REGULAR savings accounts, but the following do allow debit card payments into their general savings accounts:

• Skipton Building Society
• Yorkshire Building Society

And the Cambridge Building Society. There's probably one or two others, these three are the ones I am aware of and use.
There's NS&I too, but it takes nearly two weeks with them for you to be able to retrieve your money again. There's reports of Skipton getting funny about it if you make too much of the facility.
And Chip. I use them - that one's quite handy, because you can use Google Pay, which allows you to use umpteen debit cards easily.

A comprehensive thread has been offered up for DCs a couple of posts ago.

Best discuss this on there and leave this thread for RS please 

Dizzycap

Oh, I though I was........... Keep it ON topic, please

Had a moneyfax email today and I can't see anything new for RS.

I was wondering if Coventry might be considering a new Loyalty RS sometime next month, but not heard anything though the grapevine.

I've got a Gatehouse maturing in early December but their latest 5.3% is a little anemic, to say the least. 

Having said that, in a few months time we might all be saying 5.3 is a good rate.......

t1redmonkey

Has been quiet on the new Regular Savers front since around the time of the UK Savings Week.  Here's hoping we get a few new Xmas Savers launching soon!

jameseonline

t1redmonkey said:

Has been quiet on the new Regular Savers front since around the time of the UK Savings Week.  Here's hoping we get a few new Xmas Savers launching soon!

Xmas Savers?, YBS Xmas ends November 1st, doubt any new will launch soon

jameseonline

Dizzycap said:

Oh, I though I was........... Keep it ON topic, please

Had a moneyfax email today and I can't see anything new for RS.

I was wondering if Coventry might be considering a new Loyalty RS sometime next month, but not heard anything though the grapevine.

I've got a Gatehouse maturing in early December but their latest 5.3% is a little anemic, to say the least. 

Having said that, in a few months time we might all be saying 5.3 is a good rate.......

A new Coventry Regular?, they just withdrawn 1 and launched a 6% for their mortgage customers so I doubt it 

Kim_13

jameseonline said:

t1redmonkey said:

Has been quiet on the new Regular Savers front since around the time of the UK Savings Week.  Here's hoping we get a few new Xmas Savers launching soon!

Xmas Savers?, YBS Xmas ends November 1st, doubt any new will launch soon

YBS have made it a habit to launch in late January. Monmouthshire was just the once IIRC. The best hope is probably Principality, who sometimes do and sometimes don’t.

allegro120

Dizzycap said:

Oh, I though I was........... Keep it ON topic, please

Had a moneyfax email today and I can't see anything new for RS.

I was wondering if Coventry might be considering a new Loyalty RS sometime next month, but not heard anything though the grapevine.

I've got a Gatehouse maturing in early December but their latest 5.3% is a little anemic, to say the least. 

Having said that, in a few months time we might all be saying 5.3 is a good rate.......

5.3% is already a good rate for RS.  The best EA I’m now getting is 5.12%. Anything above best EA rate is good. I had a break in funding gatehouse issue2, but resumed this month. I also opened and funded 5.25% Aldermore before it goes NLA.