Regular Savings Accounts: The Best Currently Available List!

JamesPeter

And the rate for the Darlington 'Young Saver' and 'Teen' Regular savers has just dropped to 3.3% according to their website!

It looks like they are currently in the prcoess of fiddling about with interest rates on the website!

london21

Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.

kaMelo

london21 said:

Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.

Why?  It might go up.

trickydicky14

london21 said:

Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.

Regular savers & easy access, variable is the place to be just now me thinks.

ForumUser7

JamesPeter said:

And the rate for the Darlington 'Young Saver' and 'Teen' Regular savers has just dropped to 3.3% according to their website!

It looks like they are currently in the prcoess of fiddling about with interest rates on the website!

Just spoken with them now and they have confirmed 3.5% was a mistype, and the rates on both are 3.3%. They have also confirmed the special occasion saver rate and JISA rate will not be going up today

clowning

london21 said:

Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.

Surely variable is best at the moment? It could go up

liamcov

Principality - I've got 2 regular savers at 1.05%, can I close these and still get the interest?

I want to open the latest 3.25% account, can I transfer one of the above into this or could I only do this if I'm at maturity?

Nick_C

liamcov said:

Principality - I've got 2 regular savers at 1.05%, can I close these and still get the interest?

I want to open the latest 3.25% account, can I transfer one of the above into this or could I only do this if I'm at maturity?

You certainly can, and should, close the old RS accounts paying peanuts.

Principality's IT is archaic.  Any attempt to move money between accounts or close accounts is done by secure message, and needs to be received before 3:30pm.

Based on my experience yesterday closing Issue 29, I would recommend

1) Open Issue 30
2) Fund it by Faster Payment once it is open
3) Put in your requests to close the old issues and transfer the money out. 

refluxer

liamcov said:

I want to open the latest 3.25% account, can I transfer one of the above into this or could I only do this if I'm at maturity?

No, these are 1 year bonds and you can't reinvest the balance into another regular saver - even at maturity. You'll have to close the old regular savers and start again with the new one.

Section62

liamcov said:

Principality - I've got 2 regular savers at 1.05%, can I close these and still get the interest?

Principality

If one of them is the Maturity Christmas Regular Saver Bond then bear in mind that last year the eligibility for this product depended on having a maturing 1 Year RS Bond or holding the 2021 Christmas Regular Saver Bond.

I've decided to hold on to my Maturity Christmas Regular Saver Bond until maturity - just in case Principality do the same thing again and launch a maturity product with restricted eligibility.  I figure since the financial loss is small* as the account balance is low (significantly less than the £1500 maximum) and maturity is only about 3 weeks away then it is worth the gamble.

(*less than a quid if I'd moved the balance to my Santander eSaver today)