Regular Savings Accounts: The Best Currently Available List!

Bigwheels1111

Would someone please refresh my memory, Can I make a 13th payment to the YBS loyalty regular esaver 5.45%.
As I’ve made 11 payments and a 12th on the 2nd of January, it matures on the 22nd of February.
Thanks in advance.

granta

trickydicky14 said:

Gers said:

West Brom RS has matured into an easy access saver, such an easy process too.  Interest on the £3k is £106.72.  I've immediately applied for a new RS (still at 6.00%) though it'll take 3 - 5 working days to open so no real chance of getting a deposit in before next year. This time I had to upload a new photo of my signature, not one taken from any existing document.

Please help this numpty, I have a West Brom RS and I’m sure it matured yesterday. I just realised I have no means of viewing the account and have had no notification of it maturing. How do I access my money, all I appear to have is the letter I received when I opened the account and I know I set up a nominated account to receive funds. I would also like to open a new one.

I too had forgotten to set up online access a year ago. I called them today and was able to give my maturity instruction over the phone, and funds will arrived in nominated account 1 day after maturity.

I was also able to set up online access over the phone as you need to call to set the PIN

PowerSavingMode

trickydicky14 said:

Gers said:

West Brom RS has matured into an easy access saver, such an easy process too.  Interest on the £3k is £106.72.  I've immediately applied for a new RS (still at 6.00%) though it'll take 3 - 5 working days to open so no real chance of getting a deposit in before next year. This time I had to upload a new photo of my signature, not one taken from any existing document.

Please help this numpty, I have a West Brom RS and I’m sure it matured yesterday. I just realised I have no means of viewing the account and have had no notification of it maturing. How do I access my money, all I appear to have is the letter I received when I opened the account and I know I set up a nominated account to receive funds. I would also like to open a new one.

West Brom RS

As mentioned above, you could phone them. But you can also 'live chat' with a member of staff during office hours — I did this to make a withdrawal the other week as I, too, don't have online access. 

schiff

Bigwheels1111 said:

Would someone please refresh my memory, Can I make a 13th payment to the YBS loyalty regular esaver 5.45%.
As I’ve made 11 payments and a 12th on the 2nd of January, it matures on the 22nd of February.
Thanks in advance.

The T&Cs state that the maximum balance is £3000 plus interest.

Archerychick

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. 
 

Bob2000

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. 
 

Mine matured Sunday with the grand total of £31.52 paying in on the 1st every month.
So don't go crazy with the extra.:)

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%

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.

wiseonesomeofthetime

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.

flaneurs_lobster

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.

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.