Regular Savings Accounts: The Best Currently Available List!

roked

jaypers said:

roked said:

Bridlington1 said:

Principality BS to launch a 6 Month Regular Saver Issue 2 over the coming days.

No further details are known yet but the application link to the account has appeared on their website which implies Issue 1 at 8% shall be replaced within the next week or so.

Thanks for the heads up on this.
Has anyone heard anything more on the issue 2? I am in two minds at the moment whether to close the existing and open another one. It would currently take more than a 1.5% drop in interest rate to make it worthwhile versus letting the existing one run to the 23rd. 
This is also dependent on whether both issues can be open at the same time too.

If I was a betting man I would suspect that this will be launched on 5th December when their flexible rates drop and it will be at a lower rate than at present. If you want to maximise your interest, would close now perhaps, reopen and then see what happens. In the very unlikely event it’s something better, you can always close and reopen again. 

Thanks the info, i did go ahead and close it, took an hour and now have the new one open. Lets see what happens now :-)

allegro120

Horracce said:

Can anyone give me an idea of timescale between going on Zopa waiting list for bank account and then being able to open a regular saver with them ?

I got on waiting list 21 days ago, got invitation in app today. Opened current account and the RS was available to open straight away.

s71hj

Horracce said:

Can anyone give me an idea of timescale between going on Zopa waiting list for bank account and then being able to open a regular saver with them ?

2-3 weeks for me

Bridlington1

I've done a spot of rearranging to the Archived List of Regular Savers thread. A summary of the changes are as follows:

1. Due to the list getting longer I ran out of room on one of the posts in the thread so the list has been split into 5 posts as opposed to the original 4, with the first 4 posts containing the main regular savers list and the fifth page being devoted to children's regular savers.

2. Occasionally I've posted a list in this thread of regular savers showing their interest rates at a specific point of time. I've done a spot of hunting and found links to these lists. Links to these lists have been listed as ``Regular Saver Snapshots" on the sixth post of the thread and the list that was on the thread has been moved to one of my earlier posts in this thread.

3. Following the BOE base rate cuts from 5.25% to 5% and then to 4.75% I have made lists in the main regular savers thread of which regular savers have been affected and what their old and new rates are. Links to these lists are now listed on post 7 of the thread.

I intend to make point 3 a recurring feature so whenever a base rate change is announced a new list of regular saver interest rate changes shall be created and maintained.

You may notice that there are some links missing on the first page of the thread, these are regular savers which were launched whilst the wayback machine was taken down temporarily by hackers earlier this year and shall be added to the wayback machine later today.

All terms listed on the first page of the Archived List of Regular Savers have been uploaded to a OneDrive which shall be maintained to act as a failsafe option should the wayback machine be taken down again. I keep a local copy of these to act as an additional backup.

A link to the OneDrive can be found below:

https://1drv.ms/f/s!Arb_6QPnaModcct5ENN5ddMOhkk?e=3U9IMY

Growingold

allegro120 said:

Horracce said:

Can anyone give me an idea of timescale between going on Zopa waiting list for bank account and then being able to open a regular saver with them ?

I got on waiting list 21 days ago, got invitation in app today. Opened current account and the RS was available to open straight away.

Just wondered if Zopa do a hard credit search when you open the current account?

Bridlington1

Growingold said:

allegro120 said:

Horracce said:

Can anyone give me an idea of timescale between going on Zopa waiting list for bank account and then being able to open a regular saver with them ?

I got on waiting list 21 days ago, got invitation in app today. Opened current account and the RS was available to open straight away.

Just wondered if Zopa do a hard credit search when you open the current account?

They don't do a hard search for opening their current account.

CuparLad

Bridlington1 said:

...lots of brilliants things

Thank you @Bridlington1 for all the amazing and tireless work you do on this and other forums. Many of us would be poorer if it weren't for your diligence and the kindness that you show to everyone on these forums. I thought I was pretty switched on financially, but I have learned a lot from you, so thank you for all that you do

Speculator

Horracce said:

Can anyone give me an idea of timescale between going on Zopa waiting list for bank account and then being able to open a regular saver with them ?

only 5 days for me. 12 days and still waiting for wife.

MichaelAP

dgpur said:

Finally got the invite to open a Zopa current account (to get their RS offering of course). and they require photo ID. There are millions of people in the UK who lack photo ID (very often disabled, as I am). So frustrating.

Snap….. I am classed as 80% disabled. Not allowed a driving license and do not own a passport as travelling would be a logistical nightmare. Sometimes these requirements leaves you a feeling of being singled out…. A form of discrimination.

friolento

MichaelAP said:

dgpur said:

Finally got the invite to open a Zopa current account (to get their RS offering of course). and they require photo ID. There are millions of people in the UK who lack photo ID (very often disabled, as I am). So frustrating.

Snap….. I am classed as 80% disabled. Not allowed a driving license and do not own a passport as travelling would be a logistical nightmare. Sometimes these requirements leaves you a feeling of being singled out…. A form of discrimination.

You are still entitled to a passport even if you don’t use it for travelling. Only you can know whether £88.50 to cover 10 years represents value for money for you. There are a whole lot of preferential options to make applications possible for disabled people : https://www.gov.uk/passport-services-disabled

Other, cheaper, options might be Voter Id or Citizens Card though these might not be accepted by financial institutions as proof of ID.