Regular Savings Accounts: The Best Currently Available List!

Puffer

interest_Ted said:

soulsaver said:

sharpinf said:

Seems Kent Reliance have now moved onto issue 4 of their Regular Saver, down to 2% (from 3%), still upto £500 pay-in, variable interest rate and permitted withdrawls. 
https://www.kentreliance.co.uk/savings-accounts/regular-savings-account

Branch only...

In fact....KRBS will currently handle branch account openings by post.  Refer to their Covid-19 FAQs...relevant question "can I still open an account in branch".
Ted

That is interesting.   After trawling through the KR website, I did eventually find a reference to postal opening but the link to the appropriate form led nowhere.   I've not been able to speak to anyone at KR to clarify this (although message left) - can anyone give a proper link to the form, please?

10_66

Puffer said:

That is interesting.   After trawling through the KR website, I did eventually find a reference to postal opening but the link to the appropriate form led nowhere.   I've not been able to speak to anyone at KR to clarify this (although message left) - can anyone give a proper link to the form, please?

There is no form available online.

Puffer

10_66 said:

Puffer said:

That is interesting.   After trawling through the KR website, I did eventually find a reference to postal opening but the link to the appropriate form led nowhere.   I've not been able to speak to anyone at KR to clarify this (although message left) - can anyone give a proper link to the form, please?

There is no form available online.

Then what does this mean on KR website (see second bullet - link merely directs to 'support' and doesn't help further)?

Can I still open an account in branch?

We will continue to support account opening in the branch as we understand how important your branch is to you. However, we’ve taken further steps to help safeguard you and our teams by introducing some changes that will reduce the time you need to spend in the branch.

• If you’d like to visit a branch, please request an account opening pack which you can then take home to complete. The pack contains a business reply envelope to enable you to post the completed application back to us. We’ll aim to process your application within five working days.
• If you prefer not to visit a branch, you can also print off an application form from the Kent Reliance website here.
• For all new customers, we’ll run an electronic identification check but if this is not possible for any reason, we’ll contact you by post to request further documents.
• You’ll receive a written confirmation that your account has been opened and issued with a passbook during your next branch visit – you can visit whenever it’s convenient for you. You’ll still be able to carry out transactions over the phone by calling 01634 848944. However, if you access and view your account online, you won’t be able to carry out any transactions.

SFindlay

typistretired said:

SFinlay You can’t just put in the full amount you have to
make a deposit each month. Did you mean a £1000 each month?  It does roll over I have rolled over my plus account which paid interest end of March 

Yeah meant if put the full £1000 a month from April this year to March next year account balance will start at £1200 (plus interest on 31st March) on 1st April 2021. 

colsten

SFindlay said:

Yeah meant if put the full £1000 a month from April this year to March next year account balance will start at £1200 (plus interest on 31st March) on 1st April 2021. 

Sorry to be a bit thick - how do you end up with £1,200 plus interest on April 1st 2021?

colsten

Puffer said:

10_66 said:

Puffer said:

That is interesting.   After trawling through the KR website, I did eventually find a reference to postal opening but the link to the appropriate form led nowhere.   I've not been able to speak to anyone at KR to clarify this (although message left) - can anyone give a proper link to the form, please?

There is no form available online.

Then what does this mean on KR website (see second bullet - link merely directs to 'support' and doesn't help further)?

Can I still open an account in branch?

We will continue to support account opening in the branch as we understand how important your branch is to you. However, we’ve taken further steps to help safeguard you and our teams by introducing some changes that will reduce the time you need to spend in the branch.

• If you’d like to visit a branch, please request an account opening pack which you can then take home to complete. The pack contains a business reply envelope to enable you to post the completed application back to us. We’ll aim to process your application within five working days.
• If you prefer not to visit a branch, you can also print off an application form from the Kent Reliance website here.
• For all new customers, we’ll run an electronic identification check but if this is not possible for any reason, we’ll contact you by post to request further documents.
• You’ll receive a written confirmation that your account has been opened and issued with a passbook during your next branch visit – you can visit whenever it’s convenient for you. You’ll still be able to carry out transactions over the phone by calling 01634 848944. However, if you access and view your account online, you won’t be able to carry out any transactions.

I can't see an application form for a personal savings account on that linked page

typistretired

SuperHans1 said:  I'm also struggling to see difference between this and the Christmas Saver other than the difference in the withdrawal restrictions?
The difference is the time when interest is paid into account.

Christmas Saver - Issue 2

• Interest is calculated on a daily basis on the balance in the account and paid annually (ending 31 October).
• Fixed conditional bonus of 1.00% is payable at 31 October if all the required monthly deposits are made.  
• You will lose the bonus if you close your account between and including February and October.
  
  
•  Saver Plus - Issue 3

  You will qualify for a bonus (fixed at 1.00% AER/Gross per annum) at the year-end (31 March) provided your account remains open, a payment has been received in each calendar month and you have made no more than one withdrawal. Once the interest and bonus has been added to the account they form part of the balance and are subject to the withdrawal conditions. Interest is calculated on a daily basis on the balance in the account and paid annually (ending 31 March).

  
  
  

quirkydeptless

Nick_C said:

Far too many irrelevant posts have detracted from the value of this once great thread.

This is the thread for the regular BS

soulsaver

colsten said:

SFindlay said:

Yeah meant if put the full £1000 a month from April this year to March next year account balance will start at £1200 (plus interest on 31st March) on 1st April 2021. 

Sorry to be a bit thick - how do you end up with £1,200 plus interest on April 1st 2021?

I guess s/he meant £12k … but typo'ed it... twice

youngretired

Puffer said:

interest_Ted said:

soulsaver said:

sharpinf said:

Seems Kent Reliance have now moved onto issue 4 of their Regular Saver, down to 2% (from 3%), still upto £500 pay-in, variable interest rate and permitted withdrawls. 
https://www.kentreliance.co.uk/savings-accounts/regular-savings-account

Branch only...

In fact....KRBS will currently handle branch account openings by post.  Refer to their Covid-19 FAQs...relevant question "can I still open an account in branch".
Ted

That is interesting.   After trawling through the KR website, I did eventually find a reference to postal opening but the link to the appropriate form led nowhere.   I've not been able to speak to anyone at KR to clarify this (although message left) - can anyone give a proper link to the form, please?

I asked via secure message for my dad back in March as he falls within the vulnerable group and they sent an attachment with the application via secure message.