Regular Savings Accounts: The Best Currently Available List!

happybagger

LEEK UNITED BS

An underwhelming RS account but may be of interest to anyone who wishes to remain a member there at minimal effort or cost (as they operate postcode restrictions) as once the initial deposit is made, no further deposits are required.

Open ended
Deposit £0 to £500 pm
1.30%
3 withdrawals p/a

source

thor

I see that Santander has now opened up their regular e-saver to all of their current account holders. I still have an old 0.5% e-saver currently which was opened up after my previous one had matured quite a few months ago and that means I am unable to apply for the new 2.5% one. Has anyone else come across this problem? If so will closing the old one be the solution to be able to get the new one? Also what is the best way to close these accounts?

hgt

thor said:

I see that Santander has now opened up their regular e-saver to all of their current account holders. I still have an old 0.5% e-saver currently which was opened up after my previous one had matured quite a few months ago and that means I am unable to apply for the new 2.5% one. Has anyone else come across this problem? If so will closing the old one be the solution to be able to get the new one? Also what is the best way to close these accounts?

The Santander site does say you can close an old RS in order to qualify. It seems to suggest you can close an account via online chat. 

thor

Their online chat is a bot(or is every time I have tried it). Cannot see how I could close an account using it.

soulsaver

thor said:

Their online chat is a bot(or is every time I have tried it). Cannot see how I could close an account using it.

It'll patch you through to a real person when you ask to close an account.

MisterMotivated

thor said:

Their online chat is a bot(or is every time I have tried it). Cannot see how I could close an account using it.

It generally gives you various multiple choice questions when you ask to close an account, such as which account you want to close, and what to do with the balance

PRAISETHESUN

I'm also not a fan of the Santander bot chat. Last time I needed to closed an account I just spammed "agent" a few times and got put through to someone fairly quickly who was able to help

wiseonesomeofthetime

PRAISETHESUN said:

I'm also not a fan of the Santander bot chat. Last time I needed to closed an account I just spammed "agent" a few times and got put through to someone fairly quickly who was able to help

This is the way to deal with most chat bots in my experience.

refluxer

happybagger said:

LEEK UNITED BS

An underwhelming RS account but may be of interest to anyone who wishes to remain a member there at minimal effort or cost (as they operate postcode restrictions) as once the initial deposit is made, no further deposits are required.

Open ended
Deposit £0 to £500 pm
1.30%
3 withdrawals p/a

source

Thanks. I'm an existing Leek BS member but I think I'll pass on that one. While I was checking their rates, I noticed that they've put the rate on their Flexible Saver Account up from 1.25% to 1.40%. This account isn't currently available though, so this will only be of interest to existing account holders.

While the new rate isn't great for a RS, that's the second increase this year (unusual to increase rates on a historic account ?) and it at least matches the better EA accounts (Chase and Virgin aside) so I'll keep hold of it for now and hope for further increases, plus that'll also allow me to stay a member. It allows monthly contributions of £1000, which is rare for a RS.

Bridlington1

I've just noticed TSB have raised the interest rate of their monthly saver from 2% to 2.5% and have raised the maximum deposit from £125/mth to £250/mth. It's fixed for 12 months but is easy access and allows early closure, though you can't open more than one within a 12 month period and need a current account to open it.