Regular Savings Accounts: The Best Currently Available List!

Bigwheels1111

veryintrigued said:

Bigwheels1111 said:

Rich2808 said:

Every_Penny_Counts said:

Gers said:

Every_Penny_Counts said:

Gers said:

Every_Penny_Counts said:

Re First Direct RS

The RS page is now stating 3.5% interest, but when I log in to apply the page is still showing as 1% interest....  Anyone else seeing this?

EPC

Yes, it's still 1% on the app. 

Re First Direct RS

Well, at least it's not just me.  Hopefully the internal pages will update later.

EPC

It's showing now but glitchy on the app. I'll go back to it shortly. 

Just logged in again using a laptop & the interest is now showing 3.5%.  Application went smoothly, as usual with FD "the account can take up to 3 days to show".  But at least it's open & showing the correct interest on the application page now.

EPC

Why on earth does it take up to 3 working days to appear on online banking? Just all seems a bit antiquated! I know they need to set up a 'standing order' but it is just internal isn't it? Surely it should be next day at worst.

HSBC's regular saver opens and appears pretty much instantaneously. 

It normally shows up next day, I’ve had 10 regular savers with them over the last 15 years.
Interest will start today, at the end just call them on the 28-04-23 and ask for the money and they do it there and then.

The interest starts today?

Before you've funded it?

That's useful.

Echo what others have said can't understand why there's such a love of FD

I set it up today, Money was there waiting.
I expect interest from today.
If not I will complain.
I paid a cheque in at a Kent  post office 3 or 4 years ago and it went missing.
Post office said it’s not their fault and FD said not our fault.
Made another call to FD  8 day later and they gave me the money as a goodwill gesture.
After 13 weeks the cheque was paid in just outside Glasgow.

veryintrigued

Bigwheels1111 said:

veryintrigued said:

Bigwheels1111 said:

Rich2808 said:

Every_Penny_Counts said:

Gers said:

Every_Penny_Counts said:

Gers said:

Every_Penny_Counts said:

Re First Direct RS

The RS page is now stating 3.5% interest, but when I log in to apply the page is still showing as 1% interest....  Anyone else seeing this?

EPC

Yes, it's still 1% on the app. 

Re First Direct RS

Well, at least it's not just me.  Hopefully the internal pages will update later.

EPC

It's showing now but glitchy on the app. I'll go back to it shortly. 

Just logged in again using a laptop & the interest is now showing 3.5%.  Application went smoothly, as usual with FD "the account can take up to 3 days to show".  But at least it's open & showing the correct interest on the application page now.

EPC

Why on earth does it take up to 3 working days to appear on online banking? Just all seems a bit antiquated! I know they need to set up a 'standing order' but it is just internal isn't it? Surely it should be next day at worst.

HSBC's regular saver opens and appears pretty much instantaneously. 

It normally shows up next day, I’ve had 10 regular savers with them over the last 15 years.
Interest will start today, at the end just call them on the 28-04-23 and ask for the money and they do it there and then.

The interest starts today?

Before you've funded it?

That's useful.

Echo what others have said can't understand why there's such a love of FD

I set it up today, Money was there waiting.
I expect interest from today.
If not I will complain.
I paid a cheque in at a Kent  post office 3 or 4 years ago and it went missing.
Post office said it’s not their fault and FD said not our fault.
Made another call to FD  8 day later and they gave me the money as a goodwill gesture.
After 13 weeks the cheque was paid in just outside Glasgow.

Jesus wept

gt94sss2

Rich2808 said:

Why on earth does it take up to 3 working days to appear on online banking? Just all seems a bit antiquated! I know they need to set up a 'standing order' but it is just internal isn't it? Surely it should be next day at worst.

HSBC's regular saver opens and appears pretty much instantaneously. 

I've found that HSBC and First Direct's timescales to be the same in the past.

Usually, relatively quick but on occasion it has taken a while.. which it might today if they have received lots of applications.

Bigwheels1111

Just a little update, my FD regular saver is open today and showing on my account.
Backdated to yesterday when first applied.

RG2015

Bigwheels1111 said:

Just a little update, my FD regular saver is open today and showing on my account.
Backdated to yesterday when first applied.

Wow! That was quick.

Did you apply online or over the phone, and was the initial £300 deposit from your First Account also backdated to yesterday?

ashteadgirl

Bigwheels1111 said:

Just a little update, my FD regular saver is open today and showing on my account.
Backdated to yesterday when first applied.

Out of interest approximately what time did you open it ???? Opened mine late morning and still not showing, : (

kaMelo

The way FD and HSBC operate their regular saver it makes no difference when they actually open it as payments in are by standing order on the same date every month. Unlike others where you can open at the end of the month and then add another payment at the start of the next month. 

The only benefit would be that it matured a couple of days sooner next year.

veryintrigued

Bigwheels1111 said:

Just a little update, my FD regular saver is open today and showing on my account.
Backdated to yesterday when first applied.

Show us a screenshot with your details redacted please

Gers

Bigwheels1111 said:

Just a little update, my FD regular saver is open today and showing on my account.
Backdated to yesterday when first applied.

Mine isn't showing yet - I phoned them, the agent confirmed that the application had been received and will be dealt with though it may not show until next week! He said that Thursday doesn't count as day one of the three.  As long as the first amount is dated as yesterday then it should be OK.  It's a bit faffy but at 3.5% I can live with it.

Every_Penny_Counts

Re F/D RS

Mine is now showing in my account with the funding from today, it appeared just after midday.  I applied for the account just before I posted this yesterday morning https://forums.moneysavingexpert.com/discussion/comment/79165273/#Comment_79165273 so just before 06:45.

EPC