Regular Savings Accounts: The Best Currently Available List!

wiseonesomeofthetime

AmityNeon said:

pecunianonolet said:

Lloyds Reg Saver
OH put 400 into the reg saver yesterday (newly opened) and tried to fund with another 400 today and Lloyds is saying that it isn't possible as it would exceed the monthly limit. I put 400 into mine just now and it shows the date of 2nd December. Looks like funding Lloyds on a weekend isn't an option.

Yes it is, but LBG has quirk #4:

1. Deposits are credited on non-working days.
2. Deposits earn interest when credited on non-working days.
3. On non-working days, transaction post dates are future-dated to the next working day, and the true transaction date (and value date for interest purposes) is included in the transaction details.
4. The monthly contribution limit per calendar month is based on the post date, so a deposit on Saturday 30th September will have a post date of 2nd December and therefore count towards December's contribution, yet still earn interest from 30th September.

pecunianonolet said:

Nationwide Reg Saver
Payment made and showing as 2nd December

As above with LBG, but #4 does not apply; Nationwide will accept a monthly deposit on Saturday 30th September and another deposit on Sunday 1st December (both transactions will have the same post date of 2nd December and their respective true/value dates in their transaction details).

I suspect you have your months wrong here as this makes no sense to me in current text.

Section62

wiseonesomeofthetime said:

AmityNeon said:

pecunianonolet said:

Lloyds Reg Saver
OH put 400 into the reg saver yesterday (newly opened) and tried to fund with another 400 today and Lloyds is saying that it isn't possible as it would exceed the monthly limit. I put 400 into mine just now and it shows the date of 2nd December. Looks like funding Lloyds on a weekend isn't an option.

Yes it is, but LBG has quirk #4:

1. Deposits are credited on non-working days.
2. Deposits earn interest when credited on non-working days.
3. On non-working days, transaction post dates are future-dated to the next working day, and the true transaction date (and value date for interest purposes) is included in the transaction details.
4. The monthly contribution limit per calendar month is based on the post date, so a deposit on Saturday 30th September will have a post date of 2nd December and therefore count towards December's contribution, yet still earn interest from 30th September.

pecunianonolet said:

Nationwide Reg Saver
Payment made and showing as 2nd December

As above with LBG, but #4 does not apply; Nationwide will accept a monthly deposit on Saturday 30th September and another deposit on Sunday 1st December (both transactions will have the same post date of 2nd December and their respective true/value dates in their transaction details).

I suspect you have your months wrong here as this makes no sense to me in current text.

September = November

eastofeden

Re NatWest and RBS digital reg savers

 I have not received any interest on either of these for December? 

friolento

eastofeden said:

Re NatWest and RBS digital reg savers

 I have not received any interest on either of these for December? 

Always gets credited on the 2nd working day of a month

AmityNeon

eastofeden said:

Re NatWest and RBS digital reg savers

I have not received any interest on either of these for December?

Interest for the previous month is credited on the second working day of the current month (but backdated to the first working day).

I've avoided naming months in case my brain is still malfunctioning.

eastofeden

Thanks both. I did of course mean for November! 🫣

MichaelAP

eastofeden said:

Thanks both. I did of course mean for November! 🫣

October interest was paid on the 4th November backdated to the 1st November.
November interest will be paid on the 3rd Dec backdated to the 1st December.

SJMALBA

Apologies if I've missed this in the preceding pages, but are the payee details for the Gatehouse 'Easy Access Regular Saver Is 1', that resulted from the Regular Saver maturity, the same as those for the RS?
The account numbers have changed (ERG rather than REG at the start), but is the nine figure reference (beginning with the number 9, that I used for paying into the RS) the same?

janusd

SJMALBA said:

Apologies if I've missed this in the preceding pages, but are the payee details for the Gatehouse 'Easy Access Regular Saver Is 1', that resulted from the Regular Saver maturity, the same as those for the RS?
The account numbers have changed (ERG rather than REG at the start), but is the nine figure reference (beginning with the number 9, that I used for paying into the RS) the same?

for me, the only difference I can see is that the reference now starts ERG rather than REG - the rest of the reference is the same (mine starts with a 5, 7 numbers in total and ends with first 3 letters of surname)...  the sort code and account number are the same as previous. the payee will be different too as previously it would have been Gatehouse Bank, but will now be your first name last name instead... confirmed in the app by checking the paying in details for this account.

[Deleted User]

Made a boo boo and paid an extra £200 to the Principality reg saver, the one with a limit of £1200.

I've just rang them and they did confirm that there is going to be a similar saver about to open.

Rather strangely my £200 is going to be held in the existing account until I give my maturity instructions and won't be returned.

Totally my fault but hoped it would be returned.