Regular Savings Accounts: The Best Currently Available List!

typistretired

Daliah said:

I applied on the 13th. Still waiting. Not too bothered as I am still unsure  whether I would actually use the account, given the archaic withdrawal and costly arrangements. 

But it is variable so rate could go up.  

happybagger

costly arrangements?
it is 2.5% instant access, I think I could cope with the price of a stamp

cosh25

Monmouthshire BS will be launching Issue 6 of their regular savings account tomorrow I believe. Will be 2.25% with a maximum balance of £3000 (£250p/m). Early closure allowed, but will get a lower interest rate. 

Daliah

happybagger said:

costly arrangements?
it is 2.5% instant access, I think I could cope with the price of a stamp

I get plenty of 2.5% and more without the faff and wastage of posting withdrawal forms and passbooks. It's about a lot more than a stamp.

Wheres_My_Cashback

cosh25 said:

Monmouthshire BS will be launching Issue 6 of their regular savings account tomorrow I believe. Will be 2.25% with a maximum balance of £3000 (£250p/m). Early closure allowed, but will get a lower interest rate. 

Thanks for the heads up, but I'll be passing on this one as instant access accounts are likely to at that rate or higher by year end. As many have recently found out their accounts are somewhat restrictive when stuck with low rates.

trickydicky14

10_66 said:

trickydicky14 said:

10_66 said:

Chadsman said:

When applying for an account online does Stafford Railway post forms to customers and then ask for them to be returned signed or is it a genuine online application process?

No, the application is made online, but manually opened, no hard copy application form needs to be returned to them.

How long does it take SR to ok an application and send out activation code once its submitted on line please.

Applied Friday, opened today.  They send an SMS with your user ID and initial activation code.

I also applied Friday but nothing as yet.

londoner62

trickydicky14 said:

I also applied Friday but nothing as yet.

Ref Stafford Railway

Ditto although I imagine they have been flooded with applicants and guess it might take longer for those who are new members as well.

where_are_we

Stafford Railway Building Society Regular Saver1 payment information can be found online - www.srbs.co.uk - hoover over "contact us" on far right at top - scroll down to "online FAQs" and click - scroll to bottom question "can I pay money into my account online" and click. Remember to use "Business Account" not "Personal Account" together with the other details.

orange-juice

Has anyone stopped contributing to their VM home buyer coach regular savers yet (and pulled the money from them too, and moved it to one of the higher paying easy-access accounts)?

I feel like they're more likely to increase the rate of new RSs, rather than increase existing ones, especially since they're fixed rates.

Just want others to confirm my suspicion first before I do it😅

Daliah

orange-juice said:

Has anyone stopped contributing to their VM home buyer coach regular savers yet (and pulled the money from them too, and moved it to one of the higher paying easy-access accounts)?

I feel like they're more likely to increase the rate of new RSs, rather than increase existing ones, especially since they're fixed rates.

Just want others to confirm my suspicion first before I do it😅

Yes, as reported a few days ago. I have no views on whether they will increase the rate or not but I don't want to wait for something that might never happen.