Regular Savings Accounts: The Best Currently Available List!

tg99

10_66 said:

tg99 said:

Re LBS Flexible Save To Buy, this account is not necessarily remaining at 1.5% as person I spoke to said it’s currently undergoing review. Hence think I will hold off withdrawing my balance for now to see what the outcome of this review is.

Difficult to know what to do, when I spoke to them yesterday, I was only given the usual "our rates are permanently reviewed" line.

The way it was explained to me was that it is not a case of them having reviewed this and decided not to change the rate but just that they’ve not reached a decision yet on the review of this account. Was told that rates can be updated at any time not just monthly. I’ll give it another few weeks esp since 1.5% still ok-ish.

adindas

Cambridge Extra reward up to £100 per month

Cambridge Loyalty regular saver up to £250 per month

So Total £350

This is what is stated in their T&C

“You can also pay in cash and cheques and make debit card payments at any of our branches or over the phone”

Has anyone tried to pay by Debitcard over the phone ? How long in general will it take to complete the process

Is there anyway to do Debitcard payment online ??

PRAISETHESUN

Yes - you can pay into Cambs BS via debit card through their online banking.

EDIT: it might depend on the type of account you hold, as discussed below

Descrabled

Cambridge

T&C allow on!y one regular saver of any type per person. The app and online do not appear to allow payments to the Reward Regular Saver by debit card.

Has anyone found a work around?

Section62

Descrabled said:

Cambridge

T&C allow on!y one regular saver of any type per person. The app and online do not appear to allow payments to the Reward Regular Saver by debit card.

Has anyone found a work around?

Phoning them.  It takes a few minutes for security and taking the card details. Job done.

adindas said:

Cambridge Loyalty regular saver up to £250 per month

Which account is this?  The 2020 issue with that name had a £100/month limit?

PRAISETHESUN

Descrabled said:

Cambridge

T&C allow on!y one regular saver of any type per person. The app and online do not appear to allow payments to the Reward Regular Saver by debit card.

Has anyone found a work around?

Admittedly I don't have a RS so assumed all accounts worked the same way, but I can make deposits into my "Your Saver" account by debit card through online banking. Can't recall how long it takes to clear, but you should be able to transfer into your RS account from there I'd imagine?

adindas

Section62 said:

Descrabled said:

Cambridge

T&C allow on!y one regular saver of any type per person. The app and online do not appear to allow payments to the Reward Regular Saver by debit card.

Has anyone found a work around?

Phoning them.  It takes a few minutes for security and taking the card details. Job done.

adindas said:

Cambridge Loyalty regular saver up to £250 per month

Which account is this?  The 2020 issue with that name had a £100/month limit?

It is called Loyalty Regular saver Paying 3.00%. It is exclusively for members.

I have both

Regular saver Paying 3.00% and

Extra Reward Regular Saver 5%

adindas

Descrabled said:

Cambridge

T&C allow on!y one regular saver of any type per person. The app and online do not appear to allow payments to the Reward Regular Saver by debit card.

Has anyone found a work around?

I have both Loyalty Regular Saver and Extra Reward Regular Saver and have been running for a few months now. When I open it I do not remember ever read "one regular saver" so just try and see what come.

This is what is said in their documentation about paying by Debit card (see below) for both RSA. I just tried it yesterday, and I could not find any button/menu to allow paying by debit card. I am just thinking because it is probably Because I have SO active ?? Thus asking has anyone managed to pay by Debit card on their Cambridge RSA.

Section62

adindas said:

Section62 said:

Descrabled said:

Cambridge

T&C allow on!y one regular saver of any type per person. The app and online do not appear to allow payments to the Reward Regular Saver by debit card.

Has anyone found a work around?

Phoning them.  It takes a few minutes for security and taking the card details. Job done.

adindas said:

Cambridge Loyalty regular saver up to £250 per month

Which account is this?  The 2020 issue with that name had a £100/month limit?

It is called Loyalty Regular saver Paying 3.00%. It is exclusively for members.

I have both

Regular saver Paying 3.00% and

Extra Reward Regular Saver 5%

It's the other way round then.

The Loyalty RS is £100/month, the Extra Reward RS is £250/month, as per the summary box extracts you've posted.

Shame, I thought there might be a new Loyalty RS I'd missed.

GalacticaActual

I have received my email from the Skipton Building Society requesting maturity instructions (in two weeks’ time) for the Online Existing Member Regular Saver (3.50% fixed for 12 months),

Having paid in £250 x 12 months (£3,000), the interest accrued on maturity will be £56.37, according to Skipton Building Society.

As others have mentioned, Skipton are offering a few new accounts upon maturity: a 1 year Fixed Rate Member eBond Issue 1 A paying 2.00% on £500+ and an Online Matured Funds Issue 9 A paying 0.90% on £1+.

Alternatively, you can have funds transferred by Faster Payment to a nominated bank/building society account (you can have a maximum of 2 external accounts per savings account at the Skipton).

The other options are to transfer to an existing Skipton savings account or a cheque withdrawal.