Regular Savings Accounts: The Best Currently Available List!

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bjbyorkshire said:

My account is opened now, can I ask a quick question.  If I fund it with £250 today by bank transfer do I then set up a regular monthly standing order to go out on the 1st of September and monthly thereafter?  
Thanks

yes, but max balance is £3000 so no 13 payments. (Last payment July 1st 2022 if opened this month)

bjbyorkshire

Ha, so no real advantage to putting money in before 1st of Sept except that would mean closing date is 1st of Sept 2022 rather than 18 Aug 2022.  Is that correct?  
thanks

PRAISETHESUN

bjbyorkshire said:

Ha, so no real advantage to putting money in before 1st of Sept except that would mean closing date is 1st of Sept 2022 rather than 18 Aug 2022.  Is that correct?  
thanks

The closing date would still be 12 months from the date of opening (ie. 18 Aug 2022). Since interest is calculated daily, it just means a few more pennies in interest as you get money into the account ~ 3 weeks sooner

someone

bjbyorkshire said:

Ha, so no real advantage to putting money in before 1st of Sept except that would mean closing date is 1st of Sept 2022 rather than 18 Aug 2022.  Is that correct?  
thanks

If you have already opened the account and the clock ticking you are better to fund ASAP.

If you haven't already opened the account the "best" day to open would be the 31st August as this earns £8 more interest than an account opened on the 1st September.

edit: the reason you earn more interest is the average daily balance for the life of the account is higher due to it quickly getting £500 in at the start. This also means the full £3k is held in the account or a total of the max balance of £3k is held for 63 days!

[Deleted User]

RG2015 said:

almanak said:

Deleted_User said:

almanak said:

surreysaver said:

castle96 said:

https://www.skipton.co.uk/savings/regular-savers/online-existing-member-saver

Haven't felt so excited for years 🤣😂🤣

have been late 1 day!

Account can still be opened I just did it.

how? you open easy access first or regular saver only?

You need to get a personal link from Skipton either by their email or by social media private message. I got mine after posting a private message on the Skipton Facebook page.

I just visited the above link, it is not a custom link above. The actual URL went to Facebook, but all you have to do is click on the link below as the link below is direct to the Skipton page. You do not need Facebook. 

https://www.skipton.co.uk/savings/regular-savers/online-existing-member-saver

typistretired

Can’t can’t remember so much activity on here when Yorkshire Building Society launched their Regular Saver at 3.50% and you are allowed to save £500 per month into theirs 

kaMelo

typistretired said:

Can’t can’t remember so much activity on here when Yorkshire Building Society launched their Regular Saver at 3.50% and you are allowed to save £500 per month into theirs 

Probably because there are a lot more qualifying Skipton customers than YBS ones.
Many on here opened the Skipton easy access saver at 1.2% last year, It was pulled after three days due to it's popularity.  It's still offering 0.65% until September which is market leading therefore it's highly likely all those who opened that account still hold it and are qualifying customers for this regular saver.

schiff

typistretired said:

Can’t can’t remember so much activity on here when Yorkshire Building Society launched their Regular Saver at 3.50% and you are allowed to save £500 per month into theirs 

I'm amazed nobody has suggested a separate thread for this à la Virgin. Too late now, though I sympathise with anyone doing a search for something unrelated.

Started on page 335. Let's see how far folks can keep it ticking over!

colsten

SFindlay said:

colsten said:

Skipton_Building_Society_Representative said:

We also would only recommend clicking a link when you have received this from a trusted source.

What is not trustworthy about a link to the Skipton website? Do you have any evidence that I have ever posted a questionable link?

You clearly aren't too savvy with cloning of websites then are you??

Not going to entertain further speculative posts from you, questioning my ability to verify links I post on the MSE Forum. Just to say if you don't like them, you don't have to use them. As can everybody else.

Now can we get back to the subject of the thread, which is Regular Savers, not your assessment of my abilities or trustworthiness.

kaMelo

SFindlay said:

colsten said:

Skipton_Building_Society_Representative said:

We also would only recommend clicking a link when you have received this from a trusted source.

What is not trustworthy about a link to the Skipton website? Do you have any evidence that I have ever posted a questionable link?

You clearly aren't too savvy with cloning of websites then are you?? As someone with 30 years experience of dealing with people being conned out of money let me educate you that the whole point of a con / scam.is to make the victim BELIEVE they are interacting with a legitimate business person / institution. Modern technology means this is usually through a website hence modern con artists / scammers use links to APPARENTLY GENUINE  websites where victims deposit their money in what they believe to be a legitimate account when it's nothing of the kind. 

So here's the thing what you THINK may be a link to Skipton website is in fact nothing more than a link to a con artists cloned site (that's the whole point you to see to fool you as some people are very unscrupulous!!) so as I said only a fool would follow a link from some random person on forum that takes you to a page where you're going to send £250 of your money!!! 

I'm sure you'll be back with some excuse as some people are simply unable to admit they're wrong even when it's staring them and everyone else in the face but if me (and a number of others including Skipton official representatives) highlighting the facts has stopped one person from being conned in the future because they'll think twice about clicking a link from a random person then that's great.

Let's just say you have a different concept of security which is maybe why you are (in your humble opinion 🤣🤣) a Money Saving Expert 🤣🤣 and clearly, again in your opinion those of us who take security seriously aren't!!🤣🤣

All of which can be overcome if someone actually took the time to read the URL and understand the basics of domain names..

anythingelsetheymaychoosetouse.skipton.co.uk/anythingelsetheymaychoosetouse     =  A real Skipton website
anythingelsetheymaychoosetouse.skipton.building.society.co.uk/anythingelsetheymaychoosetouse  = Possible Scam Website

The important part is what I've bolded, essentially what does it say immediately prior to the first forward slash (/)  
The first example is the domain name "skipton.co.uk" 
The second domain name, despite it's appearance, is actually "society.co.uk" nothing to do with Skipton and currently up for sale at the moment.


If people were taught that as a basic thing to do and they took the time to actually read the URL properly then the problem of cloned websites would reduce/disappear overnight.
Instead we're told to "look for the padlock" or "the address bar being green" both of which are completely irrelevant and offer nothing in protection if the website is a clone