Regular Savings Accounts: The Best Currently Available List!

Descrabled

Monmouthshire Christmas Saver 4

I missed that this accounnt increased to 1.5% from 17 March. How did I miss that change?

I still have Chorley and Principality Christmas Savers paying 1.05% wih nominal addition each month.

I also have nominal amounts going into SRBS 1.15%, ESBS 1.3%, and Loughborough Flex 1.1%. All have sizable balances that will be reduced to minimum if their interest rate do not improve by the end of May.

I have alredy removed most money from Mansfied, Ecology, and Nationwide S to S.

I expect HSBC to match the 3.5% of First Direct in near future.

soulsaver

Descrabled said:

Monmouthshire Christmas Saver 4

I missed that this accounnt increased to 1.5% from 17 March. How did I miss that change?

Yep - I didn't get a notification either. I had dropped my SO to £5 from May, so glad you mentioned it! And in time to put back up to £1k pm from May pay.

Malchester

soulsaver said:

Descrabled said:

Monmouthshire Christmas Saver 4

I missed that this accounnt increased to 1.5% from 17 March. How did I miss that change?

Yep - I didn't get a notification either. I had dropped my SO to £5 from May, so glad you mentioned it! And in time to put back up to £1k pm from May pay.

I assume this acc is no longer available to open now?

Nick_C

A note about using Chase as a feeder account.

Standing Orders from Chase are processed on the day they are scheduled for.

You can schedule Faster Payments and Standing Orders for a Sunday.

Some banks only send Standing orders on bank working days.

My Cambridge BS, Skipton BS, and Virgin Money Regular Savers have all been credited today.  (I used to fund them from my Club Lloyds Current Account, and they would not have been sent/credited until Tuesday.)

Cambridge and Skipton receiving accounts are held by Barclays.

Incidentally, although the payment to Skipton from Chase has processed today and is showing now in my Skipton RS, when I tried to process a transfer from a Skipton instant access savings account to my Skipton RS, it scheduled it for Tuesday.  So funding the Skipton RS from Chase is faster than funding it from a Skipton account on non banking days.

Finally, a payment from Chase to my Saffron BS Regular Saver, which is also received via Barclays, has not been credited to my Saffron account.  I expect it will show up on Tuesday.

SFindlay

Nick_C said:

A note about using Chase as a feeder account.

Standing Orders from Chase are processed on the day they are scheduled for.

You can schedule Faster Payments and Standing Orders for a Sunday.

Some banks only send Standing orders on bank working days.

My Cambridge BS, Skipton BS, and Virgin Money Regular Savers have all been credited today.  (I used to fund them from my Club Lloyds Current Account, and they would not have been sent/credited until Tuesday.)

Cambridge and Skipton receiving accounts are held by Barclays.

Incidentally, although the payment to Skipton from Chase has processed today and is showing now in my Skipton RS, when I tried to process a transfer from a Skipton instant access savings account to my Skipton RS, it scheduled it for Tuesday.  So funding the Skipton RS from Chase is faster than funding it from a Skipton account on non banking days.

Finally, a payment from Chase to my Saffron BS Regular Saver, which is also received via Barclays, has not been credited to my Saffron account.  I expect it will show up on Tuesday.

Thanks for this, have those faster payments come from your Chase current account or direct from the Chase savings account?

Descrabled

Monmouthshire Christmas Saver 4 (no longer available)

As per T&C we can make multiple payments up to the £1k limit so will make extra payment on Tuesday pending revision of SO for June.

Daliah

SFindlay said:

Nick_C said:

A note about using Chase as a feeder account.

Standing Orders from Chase are processed on the day they are scheduled for.

You can schedule Faster Payments and Standing Orders for a Sunday.

Some banks only send Standing orders on bank working days.

My Cambridge BS, Skipton BS, and Virgin Money Regular Savers have all been credited today.  (I used to fund them from my Club Lloyds Current Account, and they would not have been sent/credited until Tuesday.)

Cambridge and Skipton receiving accounts are held by Barclays.

Incidentally, although the payment to Skipton from Chase has processed today and is showing now in my Skipton RS, when I tried to process a transfer from a Skipton instant access savings account to my Skipton RS, it scheduled it for Tuesday.  So funding the Skipton RS from Chase is faster than funding it from a Skipton account on non banking days.

Finally, a payment from Chase to my Saffron BS Regular Saver, which is also received via Barclays, has not been credited to my Saffron account.  I expect it will show up on Tuesday.

Thanks for this, have those faster payments come from your Chase current account or direct from the Chase savings account?

Directly from the Chase savings account (which is presently the best feeder account for regular savers).

dcs34

EDIT: in reference to discussion on Monmouthshire Christmas Saver 4 now up from 1% to 1.5%


Checked online and yes, showing 1.5% - how did you know this came in from 17th March?

(Thanks to Descrabled for showing how to find interest rates for withdrawn accounts from MBS - been searching that one for a while!)

Given Chase are offering 1.5% with easy access (instant withdrawals) I will continue to not fund it anyway!

eskbanker

dcs34 said:

Checked online and yes, showing 1.5% - how did you know this came in from 17th March?

I suspect that you're referring to some discussion on the previous page rather than the post immediately before yours, but if you're replying directly to another post(er) on a long thread like this about many different products, it makes sense to actually quote the post you're responding to or at least mention the account a comment relates to, for clarity and context!

Nick_C

Daliah said:

SFindlay said:

Nick_C said:

A note about using Chase as a feeder account.

Standing Orders from Chase are processed on the day they are scheduled for.

You can schedule Faster Payments and Standing Orders for a Sunday.

Some banks only send Standing orders on bank working days.

My Cambridge BS, Skipton BS, and Virgin Money Regular Savers have all been credited today.  (I used to fund them from my Club Lloyds Current Account, and they would not have been sent/credited until Tuesday.)

Cambridge and Skipton receiving accounts are held by Barclays.

Incidentally, although the payment to Skipton from Chase has processed today and is showing now in my Skipton RS, when I tried to process a transfer from a Skipton instant access savings account to my Skipton RS, it scheduled it for Tuesday.  So funding the Skipton RS from Chase is faster than funding it from a Skipton account on non banking days.

Finally, a payment from Chase to my Saffron BS Regular Saver, which is also received via Barclays, has not been credited to my Saffron account.  I expect it will show up on Tuesday.

Thanks for this, have those faster payments come from your Chase current account or direct from the Chase savings account?

Directly from the Chase savings account (which is presently the best feeder account for regular savers).

Agreed.  I don't use the current account.  I've never funded it.  The savings account has all the functionality of the current account apart from a debit card.

(I'm not in interested in the 1% potential cashback from the Debit Card.  My Barclaycard Avios are worth at least 1.2%)