Regular Savings Accounts: The Best Currently Available List!

Malchester

Rich2808 said:

Descrabled said:

Ecology BS

The regular saver will be increasing interest to 1.3% variable from the present 0.8%. The easy access ISA will also become more interesting.

Thanks - the Ecology sent out an email to me saying the rate was changing - but didn't say to what! They don't have that many products so could have say included a link or a table.

Been looking at this. Does the account continue after the initial 12 months so that further monthly additions can be added or does the max of £3000 apply as a max total for the Account?

kaMelo

Malchester said:

Rich2808 said:

Descrabled said:

Ecology BS

The regular saver will be increasing interest to 1.3% variable from the present 0.8%. The easy access ISA will also become more interesting.

Thanks - the Ecology sent out an email to me saying the rate was changing - but didn't say to what! They don't have that many products so could have say included a link or a table.

Been looking at this. Does the account continue after the initial 12 months so that further monthly additions can be added or does the max of £3000 apply as a max total for the Account?

The account continues and has no end date but you can only save a maximum of £3000 per calendar year.
There is no specified maximum balance for the regular saver, the only reference to maximum amounts I could find is in the general savings terms and conditions;

5.3 The overall maximum holding by any one person in respect of all savings accounts with the Society is £125,000.

liamcov

Saffron Members Regular Saver (Issue 9)

Does this account have a minimum monthly requirement? The webpage just says you can't make up missed payments so sounds like a no.

Daliah

liamcov said:

Saffron Members Regular Saver (Issue 9)

Does this account have a minimum monthly requirement? The webpage just says you can't make up missed payments so sounds like a no.

Agree, doesn't sound like there is a minimum monthly deposit, over and beyond the initial opening deposit of minimum £50. You are also allowed to make withdrawals, even ones that take you below the minimum balance of £50 for the 1.75% interest rate.

Best confirm it with them - in my experience, they are easy to get hold of on the phone,

https://www.saffronbs.co.uk/savings/regular-savings-accounts/12-month-fixed-rate-members-regular-saver-issue-9

typistretired

schiff said:

Need a bit of help as I'm not too well versed in the newer technologies. I've downloaded the app quite successfully until the photo of driving licence stage. Apparently en route to that point I said no to camera permission. I was directed to Settings to change it. Said yes to 'allow Chase to access camera' and expected NEXT. But nothing. On the same page Siri & Search and Notifications are OFF and Mobile Data and Allow Tracking are ON.

Did you manage to get sorted? I would have come out of application and started again

lightbulb2760

PRAISETHESUN said:

kaMelo said:

No one will have as the earliest that was possible under the original terms was next month.

For what it's worth I have topped up to£1000 and cancelled the standing order. I fully expect to receive the interest as my understanding of the terms is that a regular payment is no longer required.

I've done the same, as that is my understanding as well. Will see what happens!

I too, cancelled my standing order and topped up to £1000 on 17th March, and was expecting to receive interest today, but none has been credited on either of my NatWest or RBS digital regular savers.

typistretired

First business day of the month the 1st this month  so not until after close of business today

PRAISETHESUN

typistretired said:

First business day of the month the 1st this month  so not until after close of business today

NatWest/RBS reg saver

I'm not expecting any issues with the interest being paid today, since I've paid into the account during Mar. It'll come at some point - start to panic if there's nothing in by tomorrow morning. 

I'm thinking the more likely issue (if any) is that the interest due on 01st May doesn't get paid because there was no deposit made in Apr. Wait and see -shrugs-

Gers

JamesRobinson48 said:

True to form, today Leeds BS has launched RS Issue 27 (1.10% variable, max £250 pm, max £6000 total, matures 31 March 2024).

https://www.leedsbuildingsociety.co.uk/savings/regular-saver/regular-saver/

As usual, current holders of any earlier iteration (i.e. RS Issues 23 through 26) are not eligible for Issue 27. Incidentally, the variable interest rate on those closed issues has been increased from 1.00% to 1.10% with effect from today.

As has been observed previously, the Leeds BS RS product makes acceptable provision for penalty-free closure. However it's striking that Leeds BS currently offers higher interest rates than for the RS on its fixed rate bonds of 1 year, 15 months and 2 years tenor (1.20%, 1.30% and 1.50% respectively).  So even for those who like saving with the Leeds and prefer to avoid Chase, this 1.10% variable rate is underwhelming. 

Tempting as this sounds I'm not applying for this - it's not enough interest, I have enough RSs at a higher rate to keep me going. Thanks for posting though.

Daliah

Chase you not is all I'd say to any RS paying than 1.5% 

But then, I am fully equipped with a current smartphone and Government-issued photo ID.