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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • dingling68
    dingling68 Posts: 305 Forumite
    Part of the Furniture 100 Posts Name Dropper
    someone said:
    SMS from First Direct

    > Thanks for your recent application for a Regular Saver Account. The new rate is proving popular so it's taking us a little longer to open new accounts. We're working as quickly as possible and as soon as your account is open you'll receive a welcome pack through the post.

    Had this too at 14.55
    Save £12k in 2022 #54 reporting for duty 
  • SFindlay
    SFindlay Posts: 393 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    someone said:
    SMS from First Direct

    > Thanks for your recent application for a Regular Saver Account. The new rate is proving popular so it's taking us a little longer to open new accounts. We're working as quickly as possible and as soon as your account is open you'll receive a welcome pack through the post.

    Got the same text about 2 o'clock however account now showing as open in FD app and funded today's date. I won't be providing a screenshot to prove it to anyone though, people will just have to believe me  :'(
  • Bigwheels1111
    Bigwheels1111 Posts: 3,037 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Here is mine.


  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Rich2808 said:

    Its not a tiny building society - the HSBC group which supports it is a huge global entity - and given you need to be an existing current account customer (so they have your details) I see no reason why it simply doesn't appear instantaneously.
    The First Direct RS has now been going essentially unchanged for at least 12 years, with the only real difference over the years being the interest rate. AFAIC, there is next to no reason for changing the slightly clunky processes and system support - the main thing are the interest rate and prompt payment at the end, and I am sure we all prefer higher interest rates to polished online systems.

    Those who are new to the FD RS can rest assured that it works like clockwork, even if you can't see it 24x7 at the start and at the end, as the processes and the system support are tried and tested and rock solid.
  • Notepad_Phil
    Notepad_Phil Posts: 1,552 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    edited 30 April 2022 at 5:38PM
    Rich2808 said:
    PS I got the same text from FD at 2.55pm yesterday despite applying Thursday but my account still isn't appearing in my online banking.  Just thought you would like to know!!
    I have to admit I was a little surprised when my 3.5% regular saver arrived sometime this morning i.e. Saturday as I thought there was no chance of it being before Tuesday at the earliest.

    It definitely wasn't there on FD last night at 8pm'ish but was when I logged in today at 10am'ish, and it did say that the money arrived 'Today'.
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Malchester said:
    I pay into my RBS digital saver from an external account no problem. When I opened the account I set up a SO for £1 so the first month the £1 went in. I then cancelled the SO and pay by bank transfer from elsewhere on 1st of each month and always instantly shows.
    Ok. They must have changed this, they definitely bounced an external payment out of mine when I first opened it. Which I thought was rather stupid. Unless it was some stupid processing glitch.

  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kaMelo said:
    The way FD and HSBC operate their regular saver it makes no difference when they actually open it
    It does to me, I like everything to happen on the 1st of the month. I spoke to customer services to get my online access setup and they said that it's normally three working days but they are running behind and they don't think anything is going to be done until tuesday.

  • kaMelo
    kaMelo Posts: 2,856 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    phillw said:
    kaMelo said:
    The way FD and HSBC operate their regular saver it makes no difference when they actually open it
    It does to me, I like everything to happen on the 1st of the month. I spoke to customer services to get my online access setup and they said that it's normally three working days but they are running behind and they don't think anything is going to be done until tuesday.

    Okay, other than your housekeeping preferences, it makes no difference.
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