Regular Savings Accounts: The Best Currently Available List!

Bobblehat

allegro120 said:

happybagger said:

£1200 earning 8% instead of around 5% in typical access account over 5 days is under 50p in my book. Not really worth a debate - I'd just open it now if I was going to.

This is why I think that calculating the gain is pointless.  You never know where you will be feeding from over a period of product's life.  My January distribution will be from 5.12% EA, I've no idea what it will be in February, never mind June   

But surely, it is handy to know before committing to a product if the gain is likely to be pennies, pounds, or tens of pounds? If your feed account interest rate drops or increases then it's handy to have a starting point to assess whether to continue moving funds over to the RS or not?

allegro120

happybagger said:

January is my last 5.12% month (cahoot) - as it stands I will be feeding from 4.75% (unless something decent crops up)

18th January for me.  So far Gatehouse's EARS looks like a successor, but they might change the rate at any time. Today I have a number of EAs paying above 4.75% to choose from, this might change after the next BoE meeting or even sooner.

ForumUser7

HSBC and First Direct Flexible Savers (Easy Access):

Looking for accounts to close.
I think these came from maturing Regular Savers.
I think I read on the forum somewhere if I leave them open, maturity is quicker next time?
Can anyone confirm please? Wanted to check before I closed them.

Thanks

WillPS

ForumUser7 said:

HSBC and First Direct Flexible Savers (Easy Access):

Looking for accounts to close.
I think these came from maturing Regular Savers.
I think I read on the forum somewhere if I leave them open, maturity is quicker next time?
Can anyone confirm please? Wanted to check before I closed them.

Thanks

In the past it was quicker for FD at least. Recent reports indicate the FD process is quicker than it once was, but of course YMMV.

allegro120

ForumUser7 said:

HSBC and First Direct Flexible Savers (Easy Access):

Looking for accounts to close.
I think these came from maturing Regular Savers.
I think I read on the forum somewhere if I leave them open, maturity is quicker next time?
Can anyone confirm please? Wanted to check before I closed them.

Thanks

I keep them open, no need to close them. They don't generate new accounts on RS maturity if you already have one, so you won't end up with a large portfolio of useless accounts like you would with some other banks.

dgpur

[Deleted User] said:

Further to the last but one post (Simon not Allegro) I think the 10% Virgin saver will pay some interest on the 30th.

They say last working day, which would be 31st. Depends how hard and fast they stick to that.

drphila

Market H RS Issue 2

https://mhbsonline.co.uk/bankfastApply/apply?code=1yr02

Link now working again.

As already being registered for online access, it told me to log-in and click "apply" but doing that only offered the 3.5%RS. So I applied as an existing customer (and said I was not registered for online banking) and used my existing password/memorable details. Account successfully opened

trickydicky14

drphila said:

Market H RS Issue 2

https://mhbsonline.co.uk/bankfastApply/apply?code=1yr02

Link now working again.

As already being registered for online access, it told me to log-in and click "apply" but doing that only offered the 3.5%RS. So I applied as an existing customer (and said I was not registered for online banking) and used my existing password/memorable details. Account successfully opened

Just followed your message to the letter and it worked, thanks drphila.

ForumUser7

Thanks - will give this a go.

Cheekily tried to apply for another issue 1 too, but subbing out the 2 for a 1. MHBS do deactivate old product links

[Deleted User]

Good luck to all trying for the second MHBS saver.

I'll only 

a) make a mess of it

Or

b) get confused and lose track of what I'm doing

So I'll stick with the one saver.

17 is enough at this point anyway 😀