Regular Savings Accounts: The Best Currently Available List!

typistretired

Never ever opened this account has the rate been poor in the past?

colsten

typistretired said:

Never ever opened this account has the rate been poor in the past?

I have no information on the rate history, and don't have one of these accounts myself. I believe it is an old Stroud & Swindon Building Society account that Coventry inherited when they bought them in 2010.

typistretired

They are going to reduce some savings accounts from 26th May 2020 according to pdf

JamesRobinson48

Understandably, now Marsden BS (2.00%) and Nottingham BS (1.50%) have both pulled their adult RS products, which could be opened only in branch.
Kent Reliance theoretically have their branch RS (3.00%) still available. However, their website asks that branch visits take place only when "absolutely necessary".

songs2play

Hi I currently have a 123 current account with 2 direct debits on it. I have had to TEMPORARY suspend my gym membership due to gyms closing down to the Corona virus.

The 2 direct debits will temporarily be down to zero during this situation.

My query is: will my monthly interest remain, or will I lose it during this time.

Kind regards

Kenneth

eskbanker

songs2play said:

Hi I currently have a 123 current account with 2 direct debits on it. I have had to TEMPORARY suspend my gym membership due to gyms closing down to the Corona virus.

The 2 direct debits will temporarily be down to zero during this situation.

My query is: will my monthly interest remain, or will I lose it during this time.

Kind regards

Kenneth

Not a question for a thread specifically about regular saver accounts, you should start your own if searching existing ones doesn't answer it....

Frogletina

songs2play said:

Hi I currently have a 123 current account with 2 direct debits on it. I have had to TEMPORARY suspend my gym membership due to gyms closing down to the Corona virus.

The 2 direct debits will temporarily be down to zero during this situation.

My query is: will my monthly interest remain, or will I lose it during this time.

Kind regards

Kenneth

No, you will still get interest, they just have to be active direct debits. I only have one taken out each Feb and March, the rest of the year I have two

granta

My Santander regular saver matured end of last week and has automatically been renewed to the latest regular saver (paying 2%) though I don't seem to have received any paperwork about this. I'm happy to keep it going for another year but the full balance of the previous RS has been put into this regular saver. My question is: does it continue to earn 2% whilst it remains in this account, and for how long? Or should i move it out?

Nick_C

granta said:

My Santander regular saver matured end of last week and has automatically been renewed to the latest regular saver (paying 2%) though I don't seem to have received any paperwork about this. I'm happy to keep it going for another year but the full balance of the previous RS has been put into this regular saver. My question is: does it continue to earn 2% whilst it remains in this account, and for how long? Or should i move it out?

The matured funds and interest will be automatically moved to your current account three days after maturity.  Log on to online banking and you should find an e-Document explaining this.

"Your savings account will mature on [date].
What this means for you

If your Regular eSaver account has a standing order in place from an open Santander current account Your account will now automatically renew to a new Regular eSaver for another 12 months. The final balance (including any interest earned) will be moved to your Santander current account from which the standing order was paid three days after maturity, including if your current account is in joint names. For example, if your account matures on the 1st of the month the final balance will be transferred on the 4th. You will still earn interest on the full balance in your account at the rate shown below during this time. Any money paid in after maturity alongside any additional interest earned will be included as part of your next maturity.

If your Regular eSaver doesn’t have a standing order in place Your account will change to an Everyday Saver account three days after maturity. Your final balance including any interest earned will remain in the Everyday Saver account. We’ll continue to send statements annually in April to your Document Store in Online Banking. Information on transactions on your account is also provided by posting the transaction in Online Banking, usually on the day of the transaction."

ernie-money

I opened a monthly saver with Lloyds 29/3/19, so was expecting it to have matured by now, but it’s still there as a monthly saver (not club Lloyd’s, this is the regular one) am I missing something, was hoping to reopen before the end of this month...