Regular Savings Accounts: The Best Currently Available List!

dlevene

Apologies if already asked - does the Zopa 12 months start from account opening or first deposit? 

Got a bit excited after graduating from the waiting list but didn't intend to fund until payday next week...

pecunianonolet

dlevene said:

Apologies if already asked - does the Zopa 12 months start from account opening or first deposit? 

Got a bit excited after graduating from the waiting list but didn't intend to fund until payday next week...

Account opening.

Bridlington1

Just a reminder the following rate cuts come into effect today:

Account	Old rate	New rate
ESBS Regular Monthly Saver	4.30%	4.05%
Skipton Home Deposit Saver Issue 1	5.06%	4.81%
Skipton Home Deposit Saver Issue 2 (launched 7/11/24)	4.81%	NO CHANGE

This shall be followed by the following tomorrow:

Account	Old rate	New rate
Newcastle BS Newcastle Regular Saver (Issue 1)	5.50%	NO CHANGE
Progressive BS Online Regular Rainy Day Saver	7.00%	NO CHANGE
Progressive BS Online Regular Rainy Day Saver Issue 2	5.00%	4.75%
YBS £50 Regular Saver/eSaver	8.00%	NO CHANGE
YBS First Home Saver/eSaver	4.90%	4.70%
YBS Loyalty 2023 Regular Saver/eSaver	7.00%	NO CHANGE
YBS Loyalty Regular Saver/eSaver	5.65%	5.45%
YBS Regular Saver/eSaver	5.05%	4.85%

Hattie627

allegro120 said:

I received  'maturity options' from Principality for Maturity Winter Regular Saver Bond.  I've logged in and picked the Christmas 2025 Regular Saver (7%) option, instructed £125 of matured funds to go there and the rest FP to my current account.  The way it's done is Maturity Winter will morph into Christmas 2025 (i.e. the account number will remain the same). Next I opened my speadsheet to input the details and realised that I already have Christmas 2025 opened in October. I am tempted to leave it as is and see if I can get away with two Christmas 2025s.  Or the other option is to call Principality and tell them I've made a mistake.  Any thoughts?

I've just completed my Maturity Winter RSB instructions online (matures 22nd December but haven't so far had the letter) and chosen £125 to a Christmas 2025 RS at 7% fixed, with balance by FP to my current account. Like you, I already have an existing Christmas 2025 RS opened in October.

My reasoning is that PBS must know that I already have a Christmas 2025 RS, so wouldn't have offered this to me in my personal maturity options menu if it isn't allowed. Time will tell.

Just as an aside, when I opened the Maturity Winter Regular Saver in December 2023, I followed an application link given on here to the MWS. I didn't actually have a maturing account at that time. The link allowed me to open and fund the MWS and I have funded it to the max over the past year without any problems. 

simonsmithsays

allegro120 said:

flaneurs_lobster said:

allegro120 said:

I am tempted to leave it as is and see if I can get away with two Christmas 2025s.  Or the other option is to call Principality and tell them I've made a mistake.  Any thoughts?

I'd let it ride, unless I needed that £125 elsewhere.

How far out from maturity are you? I've got an RS maturing on 20/12, might see if they offer me double-dibs on the Xmas 25 too.

Mine matures on 21/12. Letter arrived yesterday (7/12) and dated 5/12 so in theory you should have received this letter already, but if not you can probably see your maturity options online now.

I have enough money in my EA pot to fund all my RSs so this £125 would just sit in Cahoot's 5.12% on 1st January.  I think it is worth trying to get two Xmas25 running, can't think of any downsides, in worst case scenario they will return £125 with a couple of day's delay.

I bet I'm not alone in having both the six months rs and maturity winter rs both maturing in the next two weeks.

Both theoretically give me the option to open the new Christmas 25 one too (which I've already opened).

allegro120

Hattie627 said:

allegro120 said:

I received  'maturity options' from Principality for Maturity Winter Regular Saver Bond.  I've logged in and picked the Christmas 2025 Regular Saver (7%) option, instructed £125 of matured funds to go there and the rest FP to my current account.  The way it's done is Maturity Winter will morph into Christmas 2025 (i.e. the account number will remain the same). Next I opened my speadsheet to input the details and realised that I already have Christmas 2025 opened in October. I am tempted to leave it as is and see if I can get away with two Christmas 2025s.  Or the other option is to call Principality and tell them I've made a mistake.  Any thoughts?

I've just completed my Maturity Winter RSB instructions online (matures 22nd December but haven't so far had the letter) and chosen £125 to a Christmas 2025 RS at 7% fixed, with balance by FP to my current account. Like you, I already have an existing Christmas 2025 RS opened in October.

My reasoning is that PBS must know that I already have a Christmas 2025 RS, so wouldn't have offered this to me in my personal maturity options menu if it isn't allowed. Time will tell.

Just as an aside, when I opened the Maturity Winter Regular Saver in December 2023, I followed an application link given on here to the MWS. I didn't actually have a maturing account at that time. The link allowed me to open and fund the MWS and I have funded it to the max over the past year without any problems. 

The same here.  I've closed Christmas 2023 in September 2023 because the rate wasn't competitive anymore, so in December 2023 I didn't have anything to mature, yet Principality allowed me to open Maturity Winter.

flaneurs_lobster

saverkev said:

kippo1 said:

Just opened a market harborough fixed term account and had a look at what other accounts i could apply for,
in the apply for menu was the fixed 6% regular saver so i applied online and it let me have it even though on the first page of this thread it said branch only.
it also said you can have two reg savers with a max of £3750 between the two,so could i apply for another one and deposit £250 a month into each until i have £3750.

Thanks

Market Harborough

Saw above post so opened Easy Access ISA(available to open online for anyone) then applied for and opened Reg Saver as then available online.

Thanks @kippo1

I've opened the ISA and the RS just as @saverkev says above. Both currently have balance of £1.

Do you think there is now a need to fund the (unwanted, min balance £100) ISA or can I ignore it and just fund the RS?

jameseonline

Digital_Payback said:

ThePirates said:

Issue 2 opened and funded in 2 minutes! 
Now hold both!

Likewise. Opened Issue 2 in a couple of minutes. 

Already hold Issue 1 as well. Easy application, but I wish Principality would develop an App. 

For savings yea definitely, seems strange they don't yet, they have and have had other apps though

saverkev

flaneurs_lobster said:

saverkev said:

kippo1 said:

Just opened a market harborough fixed term account and had a look at what other accounts i could apply for,
in the apply for menu was the fixed 6% regular saver so i applied online and it let me have it even though on the first page of this thread it said branch only.
it also said you can have two reg savers with a max of £3750 between the two,so could i apply for another one and deposit £250 a month into each until i have £3750.

Thanks

Market Harborough

Saw above post so opened Easy Access ISA(available to open online for anyone) then applied for and opened Reg Saver as then available online.

Thanks @kippo1

I've opened the ISA and the RS just as @saverkev says above. Both currently have balance of £1.

Do you think there is now a need to fund the (unwanted, min balance £100) ISA or can I ignore it and just fund the RS?

Market Harborough

 I put £100 in the easy access ISA even though it has a relatively poor interest rate and will keep it but you can keep the account open with just your £1 - (always handy to have in case they release a good to have account) - but your £1 won't earn any interest.

Kim_13

Principality maturity letters have landed. They say they will give you the rate applicable on the day you apply, but does anyone know if that is taken to be the date you give your instructions or the date the account actually matures?