Regular Savings Accounts: The Best Currently Available List!

Dizzycap

flaneurs_lobster said:

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.

I understand your annoyance but is it not worth considering getting a passport just for Id purposes? It's the equivalent of £8.80 a year for a universally(-ish) accepted identification document.

I agree! For peace of mind, even though its almost impossible for me to travel, I renewed my passport as it was logical for me to have a solid form of ID and at £8.50 a year, it was a worth while investment. Yearly Medical Driving Licenses can be so precarious, especially if forms also have to be coompleted by others before the MB considers a new license. Plus, when there's less than 3 months left on the DL, it's usually not accepted as proof of ID, and we all know Sod's Law

Pkman

Principality monthly payment returned, anyone the same !?? Any reason ???

6months rs £200

Xmas 2025 rs £125

Bridlington1

Pkman said:

Principality monthly payment returned, anyone the same !?? Any reason ???

6months rs £200

Xmas 2025 rs £125

Regarding the 6 Month RS they state in the Ts&Cs that the maximum balance of the account is £1.2k so if you opened it when it was first launched and fully funded it to that point this month would take you over that and any payments would be returned. 

Archerychick

Bridlington1 said:

Pkman said:

Principality monthly payment returned, anyone the same !?? Any reason ???

6months rs £200

Xmas 2025 rs £125

Regarding the 6 Month RS they state in the Ts&Cs that the maximum balance of the account is £1.2k so if you opened it when it was first launched and fully funded it to that point this month would take you over that and any payments would be returned. 

Yep I made this mistake, they promptly returned my £200, and also sent me a letter in the post (which felt like a waste of money, when an email could have been sent). 

Pkman

Just noticed the Xmas payment went to an account which I have already closed.... 

I already have their issue 34, can I open issue 35 as well?

Bridlington1

Pkman said:

Just noticed the Xmas payment went to an account which I have already closed.... 

I already have their issue 34, can I open issue 35 as well?

Yes you can. Principality BS allow you to hold one of each issue of their regular savers

I've currently got 9 regular savers with Principality BS and depending what rate their 6 Month RS Issue 2 shall be I may choose to make it a nice round 10 before too long.

spreadsheeterapple

Pkman said:

Just noticed the Xmas payment went to an account which I have already closed.... 

I already have their issue 34, can I open issue 35 as well?

I rang to check I could open a 34 when my 33 hadn't yet finished; they confirmed both could be held by same person as they are different issue numbers; that is the rule Principality set in the 33/34/35 T&C. Therefore we have started issue 35 as well, no queries from their end. All good.

Pkman

what about Leeds bs rs ? I already got i55, can I have the latest issue ?

fonesaver

Pkman said:

what about Leeds bs rs ? I already got i55, can I have the latest issue ?

No, with the Leeds BS you are only allowed one issue at a time

friolento

MichaelAP said:

friolento said:

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.

flaneurs_lobster said:

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.

I understand your annoyance but is it not worth considering getting a passport just for Id purposes? It's the equivalent of £8.80 a year for a universally(-ish) accepted identification document.

I get what you both say and yes it is an option. Just angers me though when there are other methods that could be taken into account but never listed, Blue Badge for one.

The financial institution needs to have the ability to verify the ID. For passports and driving licences there is accredited software which does this verification against Government databases, and these methods can be used cost effectively for tens of millions of people. I am not sure this is is the case for potential alternatives.

Could you open a separate thread please if you want to discuss this further, as it's way off topic for the Regular Saver thread.