Regular Savings Accounts: The Best Currently Available List!

colsten

liamcov said:

happybagger said:

For any with the Nationwide Start to Save account, who may have set their SO payments to end in April, they have added two more draws: 21 July and 21 October. (via email)

As 21 October is the last prize door, is the plan to withdraw everything on 22nd or do we need to wait for the term to end as they are quoting 24 months, which goes to the following May if I'm thinking right.

You can withdraw your funds any time you like

kaMelo

veryintrigued said:

wiseonesomeofthetime said:

Principality Thank You Saver

So, according to the website, you can save up to £20,000, but only at the maximum rate of £250pm, a 12-month maximum of £3,000 then really, in return for just over £2pm interest.

Does not sound great a great return (to me), however, it is one of the best rates on the market at the moment at 1.65% variable, and a nice touch of recognition to NHS staff in those qualifying areas.

A rate that's very, very good on a product that's online, focussed locally and is open ended.

Sounds fantastic to me!

They have actually changed the terms from it's initial offering. There was originally no restrictions upon where you reside however it had to be opened in branch. My OH had an appointment booked to open one, then Wales went into lockdown.
The terms were subsequently changed to allow opening online as well as in branch however, another change was they introduced postcode restrictions which applied to both online and branch openings.  
Despite having the appointment booked when there were no postcode restrictions in place they wouldn't open the account because now there was. 

happybagger

liamcov said:

As 21 October is the last prize door, is the plan to withdraw everything on 22nd or do we need to wait for the term to end as they are quoting 24 months, which goes to the following May if I'm thinking right.

My plan will be to consider the interest rate they are offering, and the wider market, at the time.
And of course, to see if the extend the draw into 2022. But as above, you can withdraw as you wish.

Ashen

For those who opened a Saffron Regular Saver recently - did you get a separate new login? It mentioned about appearing online, but it isn't in my existing account and I received a temporary password by letter.

pafpcg

Ashen said:

For those who opened a Saffron Regular Saver recently - did you get a separate new login? It mentioned about appearing online, but it isn't in my existing account and I received a temporary password by letter.

My partner and I both opened and funded new "Issue 8" accounts in early December.  We received letters giving the account details and quoting our User ID numbers but these were our pre-existing ID numbers.  When we look at our online accounts, the new regular savers appear along with our Online eSaver account and the closed regular saver accounts from previous years.

RG2015

Virgin Money have launched issue 20 of their regular e-saver. As per recent issues it is 1.00% pa and matures on 20/01/2022.

Special_Saver2

Hi Folks,

Here is this weekend's update to this thread.

- Virgin Money Regular E-Saver issue 19 replaced with issue 20 with same details as before except that the maturity date for issue 20 is 20th January 2022 - Principality BS Thank You Saver entry updated - now available online but also now restricted to locals

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

colsten

I have two regular savers mature today - on at Coventry and one at Virgin. 

I can request closure of the Coventry one tomorrow as they only allow this on working days, and then it takes another working day for my money to arrive in my linked account. 

The money from my Virgin RS has been in my linked account for the last two hours.

Nothing serious, just needs to be taken into consideration when planning the onward use of the money.

typistretired

Has anyone else had a Halifax Regular Saver mature this weekend.  My maturity savings have moved to an Instant Saver but the matured Regular Saver is still open not allowing me to open another Regular Saver.  My other half has the same problem.  I spoke to an advisor via the app message centre but they say it is glitch and to wait a few days so not really helpful as I feel they should have reported to their IT Department

YorkshireBoy

typistretired said:

Has anyone else had a Halifax Regular Saver mature this weekend.  My maturity savings have moved to an Instant Saver but the matured Regular Saver is still open not allowing me to open another Regular Saver.  My other half has the same problem.  I spoke to an advisor via the app message centre but they say it is glitch and to wait a few days so not really helpful as I feel they should have reported to their IT Department

It simply rolls over now (like Santander's regular saver), so just fund the 'old' regular saver.

I'd log a complaint so the person saying it was a "glitch" can be re-trained.