Regular Savings Accounts: The Best Currently Available List!

10_66

Bridlington1 said:

The application link still seems to be live
https://mhbsonline.co.uk/bankfastApply/apply?code=1yr02

I didn't manage to get round to using the link yesterday and have just tried but, unfortunately, the link's now inoperative.  Message just says product currently unavailable .

where_are_we

MHBS RS Issue 2 - So they are not enforcing their T&C`s?

"Customers may only have two Fixed Term Regular Saver accounts open at a time, either solely or jointly, with a combined maximum deposit of £250 per month not exceeding the maximum balance of £3,750.00"

My reading of the above implies you cannot pay in two lots of £250 each month.

MakeVotesMatter

I set up a Nationwide regular saver earlier today. It shows up in my online banking. Chase can't find it though when I try and set up a scheduled payment. Am I doing something improper?

wmb194

MakeVotesMatter said:

I set up a Nationwide regular saver earlier today. It shows up in my online banking. Chase can't find it though when I try and set up a scheduled payment. Am I doing something improper?

It can take overnight/a day for the data to be fed to the centralised COP system. You should still be able to send the deposit, just check and triple check you've entered the correct account numbers.

Bob2000

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%

OK, I'll keeping looking for a higher rate.

Bob2000

wiseonesomeofthetime said:

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.

For an extra 12 months I have access to Coventry's First Home Saver Issue 1 at 5.10% variable which allows £1000, though I haven't added anything to that for 11 months as been feeding 7, 7.5, 8, and 10% RS accounts instead.

Some may still have access to that.

I'm not sure if l can open the account . I'll  take a look later. Thank you.

Bob2000

flaneurs_lobster said:

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.

Club Lloyds Monthly Saver, £400 max, 6.25% fixed for a year. If you open a Club Lloyds current account (and jump through the monthly funding hoop). 

Coventry BS has the First Home Saver (2), £1000/mth @ 4.8% var, 60 day notice to avoid penalty.

OK, I'll have a look at the Coventry  one. Thank you.

Bob2000

AmityNeon said:

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.

Given me something to think about.
Thanks for given your option.

ForumUser7

Bob2000 said:

wiseonesomeofthetime said:

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.

For an extra 12 months I have access to Coventry's First Home Saver Issue 1 at 5.10% variable which allows £1000, though I haven't added anything to that for 11 months as been feeding 7, 7.5, 8, and 10% RS accounts instead.

Some may still have access to that.

I'm not sure if l can open the account . I'll  take a look later. Thank you.

It’s closed issue. The 4.8% @flaneur@flaneurs_lobster mentioned is the current issue.

ForumUser7

ForumUser7 said:

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

Anyone know the answer to this please?