Regular Savings Accounts: The Best Currently Available List!

happybagger

Special_Saver2 said:

Hi Folks,

I have just updated the first page of this thread.

...

---

You have huge admiration from me for finding the only two bits of information in the 34 pages of posts since your last update 

simonsmithsays

happybagger said:

Special_Saver2 said:

Hi Folks,

I have just updated the first page of this thread.

...

---

You have huge admiration from me for finding the only two bits of information in the 34 pages of posts since your last update 

Absolutely this.

Thanks SS2.

Your patience, diligence and determination to keep this thread focused on RS is appreciated hugely.

castle96

- Principality BS 6 Month Regular Saver (Issue 2) replaces issue 1 with the same details (7.85% gross p.a. / 8% gross AER fixed on up to £200 per month for 6 months with no withdrawals allowed apart from early closure); you should be able to hold this in addition to a previous issue as the terms and conditions state: "This can be a joint account, but you can’t have more than one of this issue number of the Regular Saver Bond in your name."

JUst tried - an auto "NO"

flaneurs_lobster

castle96 said:

- Principality BS 6 Month Regular Saver (Issue 2) replaces issue 1 with the same details (7.85% gross p.a. / 8% gross AER fixed on up to £200 per month for 6 months with no withdrawals allowed apart from early closure); you should be able to hold this in addition to a previous issue as the terms and conditions state: "This can be a joint account, but you can’t have more than one of this issue number of the Regular Saver Bond in your name."

JUst tried - an auto "NO"

Just tried what? Opening an issue 2 when holding an issue 1?

castle96

Ooops sorry. Have already got it/set up. Error

s71hj

Had my Virgin 10% regular saver statement through. In the section about interest rate it says account balance £1282 + 0%. Am I missing something here- I was anticipating earning 10% on £250 a month for a year, rightly or wrongly!

Every_Penny_Counts

s71hj said:

Had my Virgin 10% regular saver statement through. In the section about interest rate it says account balance £1282 + 0%. Am I missing something here- I was anticipating earning 10% on £250 a month for a year, rightly or wrongly!

Interest is paid quaterly, on the last working day of March, June, September, and December.

Middle_of_the_Road

s71hj said:

Had my Virgin 10% regular saver statement through. In the section about interest rate it says account balance £1282 + 0%. Am I missing something here- I was anticipating earning 10% on £250 a month for a year, rightly or wrongly!

Seems about right. It's showing £32 interest after 5 months. Larger interest amounts will accrew in the later months.

RG2015

Middle_of_the_Road said:

s71hj said:

Had my Virgin 10% regular saver statement through. In the section about interest rate it says account balance £1282 + 0%. Am I missing something here- I was anticipating earning 10% on £250 a month for a year, rightly or wrongly!

Seems about right. It's showing £32 interest after 5 months. Larger interest amounts will accrew in the later months.

£32 interest after 5 months on a regular saver at £250 per month? I think not.

Edit: I posted in haste. This is correct.

Apologies to Middle_of_the_Road and thanks to all those that rightly admonished me!

s71hj

Middle_of_the_Road said:

s71hj said:

Had my Virgin 10% regular saver statement through. In the section about interest rate it says account balance £1282 + 0%. Am I missing something here- I was anticipating earning 10% on £250 a month for a year, rightly or wrongly!

Seems about right. It's showing £32 interest after 5 months. Larger interest amounts will accrew in the later months.

Maybe I phrased this wrongly
How I'm interpreting this is that if my balance goes above £1282 (a rather arbitrary figure I acknowledge) I will earn 0% but I guess it means something else?