Regular Savings Accounts: The Best Currently Available List!

soulsaver

PJHilder said:

Tried to open a TSB Monthly Saver but being told I don't qualify despite having a current account and no existing Monthly Saver.

Though given TSB's track record with their IT it doesn't surprise me.

If you mean auto denied in an online application,  I had this, getting a message saying something like - I already had one, had a Mayfaif sort code etc.

If so needs a call to get resolved. The reason for mine was apparently an old failed monthly saver application was 'stuck' in the process and required manual intervention to resolve.

Descrabled

Ecology

Regular Saver now showing as 1.4% interest rate. Not sure when this increased from 1.3%.

Will this be enough to avoid being dropped from this list come August?

Descrabled

Monmouthshire Christmas Saver 4

This R S (no longer available) has now reached 1.65% interest as of 13th July. Matures end of October.

[Deleted User]

Descrabled said:

Ecology

Regular Saver now showing as 1.4% interest rate. Not sure when this increased from 1.3%.

Will this be enough to avoid being dropped from this list come August?

The rise to 1.4% came into effect on 13 July (from Ecology website)

veryintrigued

Descrabled said:

Monmouthshire Christmas Saver 4

This R S (no longer available) has now reached 1.65% interest as of 13th July. Matures end of October.

Thank you

This is one where I'll now be increasing my contribution up to the £1k again

Descrabled

Monmouthshire R S 4

Remember that you can add to the account at any time and however many occasions in the month.

If you've added £x this month already then you can add more today as long as you don't exceed the maximum £1k in the month.

happybagger

Descrabled said:

Loughborough

 Decision day is 4th August when I fully expect BOE to raise rates by 0.5% or even dare I say 0.75%.

Problem is we'll then be waiting until 1 Sept for them to do anything. All the time, newer, non-high street banks will no doubt have jumped in with better accounts reacting faster than a small BS with its once-a-month round table directors gathering.

I note the magazine also takes a swipe at banks taking away their mortgage business by offering lower rates. That's business, guys. I thought you had it better 'with no shareholders to pay' ?

Gers

The Darlington BS Special Occasions1.95% RS:

Our Special Occasion Saver account is available to existing Society members and new customers who live in one of the following postcode areas: DL, DH, SR, TS, YO or HG.

The conditions must have changed since the list on page 1.

trickydicky14

Gers said:

The Darlington BS Special Occasions1.95% RS:

Our Special Occasion Saver account is available to existing Society members and new customers who live in one of the following postcode areas: DL, DH, SR, TS, YO or HG.

The conditions must have changed since the list on page 1.

changed in what way?

where_are_we

trickydicky14 said:

Gers said:

The Darlington BS Special Occasions1.95% RS:

Our Special Occasion Saver account is available to existing Society members and new customers who live in one of the following postcode areas: DL, DH, SR, TS, YO or HG.

The conditions must have changed since the list on page 1.

changed in what way?

I believe Gers is referring to "existing Society members". The wording is slightly ambiguous, but you are able to open up to 3 "Special Occasions" RS (SORS) and not live in one of those postcodes. First, you become a member by saving £100 in an "eligible to all" savings account eg the "Hi Five Saver" account (open by post, ID required). Then you apply for SORS by post. You can download account opening forms. Then you can set up SO`s to fund the SORS. Being able to open 3 SORS, make up to 4 withdrawals a year and the fact that this is not a term account and you are able to continue to save after 12 months persuaded me it was worth the hassle of doing all the above!