Regular Savings Accounts: The Best Currently Available List!

jd84

First direct

Will it not let you apply for a new one before the funds appear? I''m pretty sure I've done that before in the interim.

Also, when it does eventually appear, leave the easy access open, to save waiting for another to be created next year.

I think I read you can phone them up to transfer the funds out quicker if needed.

masonic

jd84 said:

First direct

Will it not let you apply for a new one before the funds appear? I''m pretty sure I've done that before in the interim.

Also, when it does eventually appear, leave the easy access open, to save waiting for another to be created next year.

I think I read you can phone them up to transfer the funds out quicker if needed.

There is a window of opportunity between when the account disappears and when it reappears with the interest added. I use it every year to shave a day or two off the process.

You can phone them to shave off an additional day.

jameseonline

Got my Principality maturity pack today for my 6 month regular, they've given me leaflets for Maturity Fixed Rate Bonds, 1 year Regular Saver Bond Issue 35 along with Christmas 2025 Regular & 6 Month Regular Issue 2.

Several ways to decide how to give instructions, online, post, branch or call.

I already have Christmas and 6 month Regular Issue 2 & the others aren't worth it tbh.

simonsmithsays

jameseonline said:

Got my Principality maturity pack today for my 6 month regular, they've given me leaflets for Maturity Fixed Rate Bonds, 1 year Regular Saver Bond Issue 35 along with Christmas 2025 Regular & 6 Month Regular Issue 2.

Several ways to decide how to give instructions, online, post, branch or call.

I already have Christmas and 6 month Regular Issue 2 & the others aren't worth it tbh.

If you scroll roll back up this thread you'll read that others have found that even though they already hold certain RS they're given the option of opening them when looking at their maturity options online.

I'm not saying you should do this - I'm saying it might be worth revisiting the earlier comments in the thread.

Happy reading 

exel1966

And one would hope that those who do set a maturity option for an account they already have in the hope of getting a duplicate don't then complain on here if that request is denied and it delays them receiving their maturity proceeds. 
If it works then great, but sometimes you have to take the rough with the smooth 

flaneurs_lobster

exel1966 said:

And one would hope that those who do set a maturity option for an account they already have in the hope of getting a duplicate don't then complain on here if that request is denied and it delays them receiving their maturity proceeds. 
If it works then great, but sometimes you have to take the rough with the smooth 

Holding my hands up here - won't be back complaining.

They have written to me confirming my maturity choice for the excess (a current account) with no mention of my other (speculative) choices.

Archerychick

simonsmithsays said:

jameseonline said:

Got my Principality maturity pack today for my 6 month regular, they've given me leaflets for Maturity Fixed Rate Bonds, 1 year Regular Saver Bond Issue 35 along with Christmas 2025 Regular & 6 Month Regular Issue 2.

Several ways to decide how to give instructions, online, post, branch or call.

I already have Christmas and 6 month Regular Issue 2 & the others aren't worth it tbh.

If you scroll roll back up this thread you'll read that others have found that even though they already hold certain RS they're given the option of opening them when looking at their maturity options online.

I'm not saying you should do this - I'm saying it might be worth revisiting the earlier comments in the thread.

Happy reading 

I’m assuming that they’ll just return the funds. I actually did this by mistake without checking what I already had (because well you assume you’ll only be presented with valid choices). Based on the terms they shouldn’t allow me to have my maturity option, which was to put £200 into a new regular saver. They’ve since written to me to confirm my options, so I’ll just see what happens later this month. 

Bridlington1

Just a reminder the following regular saver interest rate cuts come into effect tomorrow:

Account	Old rate	New rate
Suffolk BS 1 Year Variable Rate Regular Saver (31.12.2025) (includes online)	5.15%	5.00%
Suffolk BS 2 Year Variable Rate Regular Saver (31.12.2025)	5.00%	4.80%
Suffolk BS 2 Year Variable Rate Regular Saver (31.12.2026)	5.00%	4.80%
Suffolk BS Holiday Saver	4.90%	4.70%
Suffolk BS Online 1 Year Variable Rate Regular Saver (30.09.2025)	5.15%	5.00%
Suffolk BS Smart Save Monthly Saver	4.90%	4.70%
Suffolk BS Variable Rate Regular Saver (31.05.2026)	5.00%	4.80%

ThePirates

First Direct Regular Saver

Has anyone got any experience of how long it takes to close a not full term FD Regular Saver and then open a new one?

pecunianonolet

ThePirates said:

First Direct Regular Saver

Has anyone got any experience of how long it takes to close a not full term FD Regular Saver and then open a new one?

No experience because it doesn't make sense because if you close you won't get the 7% interest, they will only pay you the rate of their normal saver, which is probably under 2%. Same for HSBC. I am not even sure if they allow you to open a new one or if you have to wait until the end of the term like with TSB. So unless you need to money for an emergency, it doesn't make any sense and you would be at loss vs. a normal easy access account.