Regular Savings Accounts: The Best Currently Available List!

AmityNeon

Archerychick said:

Principality 6 Month Regular Saver Issue 1

We have one that matured this morning, having not realised I'd already set up an issue 2, before selecting maturity options. This has matured nicely into a second Issue 2 account.

Also the interest paid is higher than I had calculated which I'm baffled a little by. Opened the account on 23/06 and funded with £200 per month, they've paid £31.57 total. I funded one 19th of the month in September but otherwise on 1st of the month. The MSE calculator makes it £27 so I had expected slightly less than this due to my late funding in September.

Most estimates, including the MSE calculator, assume even deposit frequencies with dates spaced whole months apart. You opened the account later in the calendar month but your subsequent deposits were made sooner at the beginning of each month, earning interest for longer.

Bob2000 said:

Stargunner said:

Bob2000 said:

Was looking at this account earlier with maybe putting £500 (max allowed) in for first two months thereafter £100.

Any thoughts?

Plenty of higher paying RS accounts available, unless you already have them all.
I won’t open/fund any RS unless it pays over 5%

But are there any letting you pay in £500 per month so l can get in £1000 sooner rather then later?
I know l could put in a fixed rate with the Grand but l want to add extra over the term of the account.

If it's a choice between one regular saver with a higher monthly deposit limit but a lower interest rate, versus multiple regular savers with lower monthly deposit limits but higher interest rates, I would most definitely choose the latter.

jameseonline

Selected my maturity instructions for my Principality 6 Month Issue 1, opted for a 2nd Issue 2 with remaining money to be sent to my Virgin account, let's see how this works out on or shortly after the 28th December 😁

granta

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

masonic

granta said:

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

Needs to be within 10 days, so 1st or 2nd Jan should be ok.

ForumUser7

Cambridge BS Reward Regular Saver

Those who had this product and set maturity instructions to the Extra Reward Regular Saver, did it take more than the £300 monthly payment? I.e. could you set the maturity preference to be all the maturing funds into this account, and did it process as such please?

Thanks

Bridlington1

granta said:

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

From my experimentations so far their systems enforce the rule as though it is £250 per individual account per month rather than £250 between them.

Additionally you can have 2 of each regular saver in sole names.

I've now got two of the Market Harborough BS Regular Saver Issue 1 and two of Issue 2, each has been funded with £250 for December (so £1k between the 4 accounts for December).

ForumUser7

Bridlington1 said:

granta said:

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

From my experimentations so far their systems enforce the rule as though it is £250 per individual account per month rather than £250 between them.

Additionally you can have 2 of each regular saver in sole names.

I've now got two of the Market Harborough BS Regular Saver Issue 1 and two of Issue 2, each has been funded with £250 for December (so £1k between the 4 accounts for December).

You are the absolute goat of regular savers tbh . Didn't even cross my mind this would be an option!

Dizzycap

Bridlington1 said:

granta said:

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

From my experimentations so far their systems enforce the rule as though it is £250 per individual account per month rather than £250 between them.

Additionally you can have 2 of each regular saver in sole names.

I've now got two of the Market Harborough BS Regular Saver Issue 1 and two of Issue 2, each has been funded with £250 for December (so £1k between the 4 accounts for December).

I too have 2 Issue 1 Regular Savers but only managed to get 1 of Issue 2 before they made it branch based application only. Still, £750 a month is better than nothing

ForumUser7

Dizzycap said:

Bridlington1 said:

granta said:

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

From my experimentations so far their systems enforce the rule as though it is £250 per individual account per month rather than £250 between them.

Additionally you can have 2 of each regular saver in sole names.

I've now got two of the Market Harborough BS Regular Saver Issue 1 and two of Issue 2, each has been funded with £250 for December (so £1k between the 4 accounts for December).

I too have 2 Issue 1 Regular Savers but only managed to get 1 of Issue 2 before they made it branch based application only. Still, £750 a month is better than nothing

Thought I'd seen it mentioned somewhere, but can't find it for some reason. MHBS home page says it is down for maintenance, but this maintenance isn't in the schedule. Hopefully it comes back up at some point and then I can apply for the RSs 🤞🏼

Bridlington1

ForumUser7 said:

Dizzycap said:

Bridlington1 said:

granta said:

Market Harborough Regular Saver Issue 2

I applied online yesterday and was told my application was being 'checked' and was required to send in a photo of ID/address. The account is now showing online.
Have I understood correctly from above discussions that I need to make a £10 payment in December to keep the account open? Or can I wait until January to avoid going over the £250 limit?

From my experimentations so far their systems enforce the rule as though it is £250 per individual account per month rather than £250 between them.

Additionally you can have 2 of each regular saver in sole names.

I've now got two of the Market Harborough BS Regular Saver Issue 1 and two of Issue 2, each has been funded with £250 for December (so £1k between the 4 accounts for December).

I too have 2 Issue 1 Regular Savers but only managed to get 1 of Issue 2 before they made it branch based application only. Still, £750 a month is better than nothing

Thought I'd seen it mentioned somewhere, but can't find it for some reason. MHBS home page says it is down for maintenance, but this maintenance isn't in the schedule. Hopefully it comes back up at some point and then I can apply for the RSs 🤞🏼

The application links for both issue 1 and issue 2 appear to have been pulled, their other application links still seem to be live though. Previously Market Harborough have kept application links to NLA accounts live so I suspect they've decided to enforce their branch only applications rule on this occasion.