Regular Savings Accounts: The Best Currently Available List!

surreysaver

castle96 said:

? "not available until 12th Nov" ?

I presume that's a response to me - the quote function doesn't seem to have worked properly for you!  As part of the maturity instructions for the Principality Christmas Saver 2020, you can open a Christmas Regular Saver 2021.  Which is what I did, and its open.  Although my account number for my 2021 Saver is the same as the 2020 Saver, the account shows as the 2021 Saver with the £125 opening balance, and the rest from my maturing 2020 Saver was transferred to my linked current account.

wiseonesomeofthetime

And rewards you with just a £1 a month.

Sad times.

schiff

wiseonesomeofthetime said:

And rewards you with just a £1 a month.

Sad times.

A collection of accounts paying £1+ a month can add up to a worthwhile sum. All part of it.

quirkydeptless

schiff said:

wiseonesomeofthetime said:

And rewards you with just a £1 a month.

Sad times.

A collection of accounts paying £1+ a month can add up to a worthwhile sum. All part of it.

Yes, that's how look at it, the dwindling rates mean that my magic money tree of reqular and fixed rates accounts isn't much more than my best easy access account rate, but still gives me a few 100 extra £ each year which I'm happy to take.

I understand most wouldn't be interested in having the many accounts needed for this. It's become more of a hobby now that gives me about £25 extra in interest each month above a straight easy access account.

surreysaver

quirkydeptless said:

schiff said:

wiseonesomeofthetime said:

And rewards you with just a £1 a month.

Sad times.

A collection of accounts paying £1+ a month can add up to a worthwhile sum. All part of it.

Yes, that's how look at it, the dwindling rates mean that my magic money tree of reqular and fixed rates accounts isn't much more than my best easy access account rate, but still gives me a few 100 extra £ each year which I'm happy to take.

I understand most wouldn't be interested in having the many accounts needed for this. It's become more of a hobby now that gives me about £25 extra in interest each month above a straight easy access account.

Exactly. Its a hobby. Plus it also means if interest rates ever go up, we are on top of the game already 

Sea_Shell

Speculator said:

My Principality regular matured today and I expected the money to be in my bank a/c on Monday. (next working day)
Just checked my Santander and the money is already in there!

Mine matures today, so wasn't expecting the money to be available until tomorrow.    However, the website appears to be down for maintenance at the moment, so I can't see if it's available yet!    No mention of how long it'll be down for.

vernall

Mine matures today, so wasn't expecting the money to be available until tomorrow.    However, the website appears to be down for maintenance at the moment, so I can't see if it's available yet!    No mention of how long it'll be down for.

Mine also matures today, and nothing showing in account it’s supposed to be transferred into yet, but it is a Sunday and not expecting anything until tomorrow. 

vernall

vernall said:

Mine matures today, so wasn't expecting the money to be available until tomorrow.    However, the website appears to be down for maintenance at the moment, so I can't see if it's available yet!    No mention of how long it'll be down for.

Mine also matures today, and nothing showing in account it’s supposed to be transferred into yet, but it is a Sunday and not expecting anything until tomorrow. 

Just been paid in now

typistretired

Principal BS have been really efficient on the maturity of the Christmas Saver and Regular Saver. The fact that the Christmas Saver has the same reference is a plus. Monmouthshire BS did well too but they continue to insist on a signature in the post despite being a long term member and open accounts. Must dip into their profits.

Keith80

surreysaver said:

Speculator said:

My Principality regular matured today and I expected the money to be in my bank a/c on Monday. (next working day)
Just checked my Santander and the money is already in there!

Same with me.  And the 2021 Christmas Regular Saver is already open.  I notice the account number is the same as the 2020 Christmas Saver, though.  I wonder if keeping the Standing Oder going would have worked?  Might be worth checking that if they decide to do a 2022 Christmas Saver.

I thought about this, but came up against the 13th month problem (payment set for the 1st but account opening on the 5th), and then had also arranged the first payment into the 2021 saver to come out of the maturing 2020 saver's proceeds. The way to have done it would have been to reset the next standing order payment for the first day of the second month (i.e. 01/12/2020), continuing through 01/10/2021, but by the time I got round to thinking of this my bank had already deleted the standing order based on my prior last payment instructions.