Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Everybody,

Here is this weekend's update to this thread.

I cannot find anything to change on the thread. The Dudley BS account mentioned in the posts above is not good enough to meet the criteria for inclusion on this thread, which is why it is not on page 1.

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

adindas

wiseonesomeofthetime said:

And it's only a £20 return if the variable rate does not drop during the 12 months!

Well it is better than minimum wage is it not ??

wiseonesomeofthetime

adindas said:

wiseonesomeofthetime said:

And it's only a £20 return if the variable rate does not drop during the 12 months!

Well it is better than minimum wage is it not ??

Minimum wage will be increased to £8.91 per hour in April this year.

So £20 for 12 months, I would suggest is not better than minimum wage! 🤔

Wheres_My_Cashback

Special_Saver2 said:

Hi Everybody,

Here is this weekend's update to this thread.

I cannot find anything to change on the thread. The Dudley BS account mentioned in the posts above is not good enough to meet the criteria for inclusion on this thread, which is why it is not on page 1.

I will do the next update next weekend.

SS2

---

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

Does make me wonder why then, has this account (copied from P1) as an example been included, when it has more restrictions than the one above by only being avaible to a tiny fraction of the population?

Just trying to clarify exactly what are the rules of inclusion? With ever decreasing rates and restrictions being placed on accounts nowadays maybe the thresholds should be adapted to reflect 'modern' times?

Tipton & Coseley BS Regular Saver
Interest rate: 1.25% gross p.a. variable ........same as Dudley
Monthly payment: £10-£250.....same as Dudley
Miss any payments: Yes, as many as you want.....same as Dudley
Penalty-free withdrawals: No, you cannot withdraw any money until the account matures.....same as Dudley
Age of applicant: At least 16 years old....21 at Dudley
How to open account: Branch or post .....same as Dudley
Special conditions: The account matures 28th February 2022. You must live in a B, DY, WS or WV postcode to be eligible for this product......No restrictions at Dudley

JamesRobinson48

Monmouthshire BS has today pulled its Christmas Saver RS (1.1% variable).

typistretired

Thank you James

London7766551

All my savings accounts from last year are maturing next month. Thank god for for Tipton and Coventry and the virgin builder account. I think this may be the last year of anything "decent". Once these expire at the end of this year

where_are_we

OK Fingerbobs - you persuaded myself and OH to open the Dudley one year regular saver issue 5 using the online forms. How do you make the deposit? Usually with postal applications you send in a cheque payable to yourself but there is no mention of this on the form.

Fingerbobs

where_are_we said:

OK Fingerbobs - you persuaded myself and OH to open the Dudley one year regular saver issue 5 using the online forms. How do you make the deposit? Usually with postal applications you send in a cheque payable to yourself but there is no mention of this on the form.

No idea I'm afraid. I have no accounts with Dudley. 

veryintrigued

Anyone find it a bit weird that forumites cite stuff like 'waste of my time', 'not worth my efforts', 'minimum wage' etc on accounts offered up on here and then spend time posting and posting on here?