Regular Savings Accounts: The Best Currently Available List!

soulsaver

Descrabled said:

SRBS

I have checked on t'interweb and there is no longer any mention of post code restrictions on this regular saver. I also see that each member may have 1 solo account and also 1 joint account.

ESBS

There is no longer any post code restriction now showing for this regular saver on their website.

Probably 'cos the rate (IIRC 1.30 %) is relatively, er, rubbish.
Not sure re esbs, but SRBS'sRS is passbook based - so have to post or in branch to make a w/d.

happybagger

ESBS RS account is also passbook based

Careful_ly

tiptoe_mouse said:

Special_Saver2 said:

2. No Time Limit / Account Maturity Date

Principality BS Learner Earner Issue 3 (Adult with a Child)

Interest rate: 2.75% gross p.a. variable from 1st March 2022
Monthly payment: £0-£250
Miss any payments: Can miss as many payments as you wish
Penalty-free withdrawals: Three withdrawals permitted and account closure counts as a withdrawal
Age of applicant: Up to 17 years old
How to open account: Branch only
Special conditions: This Account can only be opened by an Adult(s) aged over 18, in conjunction with a Child aged under 18. Two accounts must be opened initially, one for the Adult(s) and one for the Child. Subsequent accounts for other children can be opened by the Adult account holder. The Adult must be the parent, grandparent, close relative or legal guardian of the Child(ren). Accounts opened for under 14’s must be opened on a signatory basis. Careful_ly has informed us in post 2692 in this thread that both the adult and the child get a regular savings account.

Does anyone know if deposits into the children's accounts have to be made in branch, or if they can be by standing order or faster payments? How about the adults' accounts? I ask because, while getting to a branch to open the accounts is not an issue as we can do it whilst visiting family, I don't want to have to travel to make the deposits each month.

Many thanks!

I can confirm payments can be made by standing order and faster payments to both the adult and children's accounts.

KiKi

Forgive me if this is a stupid question or covered elsewhere (I did a forum search but nothing obvious). 

Re the Natwest Digital Regular saver.  As you can withdraw at any time, and there is no account time limit, I assume that you can just keep the account at £1k constantly and take the 3.25% interest on that full amount all year?  Ie, when my next SO goes in and I hit £1k, I can just immediately take out all but £1k (maybe a bit less to allow for interest payments), and keep doing that each month, so the account is always £1k (including interest)?

Wheres_My_Cashback

KiKi said:

Forgive me if this is a stupid question or covered elsewhere (I did a forum search but nothing obvious). 

Re the Natwest Digital Regular saver.  As you can withdraw at any time, and there is no account time limit, I assume that you can just keep the account at £1k constantly and take the 3.25% interest on that full amount all year?  Ie, when my next SO goes in and I hit £1k, I can just immediately take out all but £1k (maybe a bit less to allow for interest payments), and keep doing that each month, so the account is always £1k (including interest)?

Yes, leave the balance at £1K and withdraw the interest when it's paid each month.

KiKi

Wheres_My_Cashback said:

KiKi said:

Forgive me if this is a stupid question or covered elsewhere (I did a forum search but nothing obvious). 

Re the Natwest Digital Regular saver.  As you can withdraw at any time, and there is no account time limit, I assume that you can just keep the account at £1k constantly and take the 3.25% interest on that full amount all year?  Ie, when my next SO goes in and I hit £1k, I can just immediately take out all but £1k (maybe a bit less to allow for interest payments), and keep doing that each month, so the account is always £1k (including interest)?

Yes, leave the balance at £1K and withdraw the interest when it's paid each month.

Brill, thank you.  I thought so, but didn't want to get violate any unobvious account conditions!

Wheres_My_Cashback

Darlington BS

Special Occasion Saver 1.95%
Green saver 1.55%

Have both risen to the above rates in the past few days, just noticed whilst logged in.

dcs34

Wheres_My_Cashback said:

KiKi said:

Forgive me if this is a stupid question or covered elsewhere (I did a forum search but nothing obvious). 

Re the Natwest Digital Regular saver.  As you can withdraw at any time, and there is no account time limit, I assume that you can just keep the account at £1k constantly and take the 3.25% interest on that full amount all year?  Ie, when my next SO goes in and I hit £1k, I can just immediately take out all but £1k (maybe a bit less to allow for interest payments), and keep doing that each month, so the account is always £1k (including interest)?

Yes, leave the balance at £1K and withdraw the interest when it's paid each month.

There's no need to keep paying in once the account reaches £1k, is there? Just keep earning the 3% and remove any interest each month.

surreysaver

dcs34 said:

Wheres_My_Cashback said:

KiKi said:

Forgive me if this is a stupid question or covered elsewhere (I did a forum search but nothing obvious). 

Re the Natwest Digital Regular saver.  As you can withdraw at any time, and there is no account time limit, I assume that you can just keep the account at £1k constantly and take the 3.25% interest on that full amount all year?  Ie, when my next SO goes in and I hit £1k, I can just immediately take out all but £1k (maybe a bit less to allow for interest payments), and keep doing that each month, so the account is always £1k (including interest)?

Yes, leave the balance at £1K and withdraw the interest when it's paid each month.

There's no need to keep paying in once the account reaches £1k, is there? Just keep earning the 3% and remove any interest each month.

No need to fund it. Just need to withdraw the interest each month

KiKi

Thanks all - as it said to set up an SO (and it is a regular saver) I assumed I'd need to keep the SO in place to comply with the terms, but if I don't then even better.