Regular Savings Accounts: The Best Currently Available List!

polymaff

wiseonesomeofthetime said:

And even that is a maximum bearing in mind rate is variable.

Rates could rise... .

RG2015

polymaff said:

wiseonesomeofthetime said:

And even that is a maximum bearing in mind rate is variable.

Rates could rise... .

October 2018. Virgin Money raised the "fixed" rate on several issues of their regular savers from 2.25% to 2.50%.

This, despite the fact that several of these issues were not open for new savers.

polymaff

Mind, if rates do rise, they'll rise because of rising inflation - and the difference between the two may rise disproportionately.

Next figures from the ONS on the 24th - just one day after "tax day" ...

Fingerbobs

infoadict said:

Furness 1 Year Regular Saver - i can confirm that  4 is the maximum. They require separate applications for each account and separate cheques, posted with the applications. At present they are accepting non certified photocopies of List1 documents and will return any originals documents sent. Naturally, don't send original passport, driving licence etc.

I asked them if an original HMRC "tax code notice" letter would be acceptable as a "List 1" item, and they said yes, as long as it shows my full NI number (which it does). So that, and a recent bank statement, would appear to satisfy their identification document requirements.

colsten

This settles the question about multiple Coventry Regular Savers 😄. 

It was brilliant whilst it lasted! Many thanks again to busybodies who kept ringing Coventry about it. 

what7

Did you ring Coventry about it?
Which RS did u hold?

schiff

That is a budgerigar. At the top of my interest rates as well. Do they give you an option which one to leave open? If they choose the earliest date of opening to leave open, that at least is a plus.

colsten

what7 said:

Did you ring Coventry about it?

Why would I have done that?

what7 said:

Which RS did u hold?

Too many to mention.

what7

So I guess they are checking everybody.

What's with the 23 may 2020 cut off date? Is that when you opened your 2nd account?

It doesn't mention if they are going to pay advertised interest on the close account???? 

Ed-1

what7 said:
It doesn't mention if they are going to pay advertised interest on the close account???? 

"...transfer the savings you hold in these account(s), along with all of the interest you've earned up to the date they're closed..."