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Regular Savings Accounts: The Best Currently Available List!

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  • There is a new
    Coventry BS Regular Saver
    Issue 2
  • kamkop
    kamkop Posts: 26 Forumite
    Fifth Anniversary 10 Posts
    One.time said:

    There is a new
    Coventry BS Regular Saver
    Issue 2
    Worth mentioning T&C:
    1.3 You can only be named on one Regular Saver (including any subsequent issues) at any one time.
  • falcieri
    falcieri Posts: 195 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    One.time said:

    There is a new
    Coventry BS Regular Saver
    Issue 2

    Yes, this is the account I'm talking about.
  • falcieri
    falcieri Posts: 195 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    One.time said:
    There is a new
    Principality BS Regular Saver Bond (Issue 21)


    This is the Principality account I have just taken out. There is a Virgin Money account the same and I have taken that out too.
  • One.time said:
    There is a new
    Principality BS Regular Saver Bond (Issue 21)

    Issue 20 was maximum £500 per month, Issue 21 is reduced to £250 maximum. Also change in terms about closure. 
    Condition 3 of t&c states   "The Bond can be opened as a Joint Account but this offer is limited to only one Bond of any given issue number for each customer  ....."



  • I also noticed a tariff of £8 to transfer money out of Principality
  • Fingerbobs
    Fingerbobs Posts: 1,687 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 27 February 2020 at 11:06PM
    I also noticed a tariff of £8 to transfer money out of Principality
    Some Building Societies don't allow transfers out by Faster Payments or BACS, and the only other transfer options they offer are chargeable (e.g. CHAPS), but you can usually withdraw your money in the form of a cheque free of charge.

  • Sea_Shell
    Sea_Shell Posts: 9,797 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    I also noticed a tariff of £8 to transfer money out of Principality
    Some Building Sociaties don't allow transfers out by Faster Payments or BACS, and the only other transfer options they offer are chargeable (e.g. CHAPS), but you can usually withdraw your money in the form of a cheque free of charge.

    Does anyone know that you can get your money out of Principality without charge, by whatever method.   I didn't think that a "Telegraphic Transfer Fee" was just for "ordinary" withdrawals.   Have I misinterpreted?
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.52% of current retirement "pot" (as at end October 2024)
  • wmb194
    wmb194 Posts: 4,090 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 27 February 2020 at 8:35AM
    I haven't attempted any ad-hoc withdrawals but last November and December the maturity proceeds from my issue 18 and 19 Principally regular savers were transferred to my specified bank account by faster payments at no charge.  They were both on the day of maturity, too, not next day as many banks and BSs like to do. 
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