Regular Savings Accounts: The Best Currently Available List!

happybagger

Cheers folks, I missed the 2 year limit. I haven't got the account myself, just noticed it while browsing.

chris_the_bee

Daliah said:

happybagger said:

I can't see it listed on P1, but Hinckley & Rugby have an open-ended RS, rate goes up to 3.5% on 21 October.

£10 to £500 p/m, but unlimited withdrawals on 30 days notice

Does not appear to have postcode restriction.

Source

Despite of the complication of 30 days notice, it sounded interesting .....until I came to read abut applying and managing by Post or in Branch.

It's not opened-ended but 2 years max: After 2 years your account will automatically become a Plain Sailing Easy Access Account

I'll pass for now but it sounds interesting for those who can manage with postal/Branch application and management.

We applied for 2 accounts which were opened the day after I sent the forms. Once you have the account number you can register on line for H&R Online. It allows you to view account and send messages. You are required to give 30 days’ notice in writing, online, by telephone or at a branch or agency. That gives you a 14 day window to send your passbook and withdraw funds. Currently by cheque although they hope to use FPS within 2 years. Personally, I think the hassle is worth it for 3.50%.

ForumUser7

chris_the_bee said:

Daliah said:

happybagger said:

I can't see it listed on P1, but Hinckley & Rugby have an open-ended RS, rate goes up to 3.5% on 21 October.

£10 to £500 p/m, but unlimited withdrawals on 30 days notice

Does not appear to have postcode restriction.

Source

Despite of the complication of 30 days notice, it sounded interesting .....until I came to read abut applying and managing by Post or in Branch.

It's not opened-ended but 2 years max: After 2 years your account will automatically become a Plain Sailing Easy Access Account

I'll pass for now but it sounds interesting for those who can manage with postal/Branch application and management.

We applied for 2 accounts which were opened the day after I sent the forms. Once you have the account number you can register on line for H&R Online. It allows you to view account and send messages. You are required to give 30 days’ notice in writing, online, by telephone or at a branch or agency. That gives you a 14 day window to send your passbook and withdraw funds. Currently by cheque although they hope to use FPS within 2 years. Personally, I think the hassle is worth it for 3.50%.

So you give the notice online, but have to post off the passbook to actually request the withdrawal?

chris_the_bee

ForumUser7 said:

chris_the_bee said:

Daliah said:

happybagger said:

I can't see it listed on P1, but Hinckley & Rugby have an open-ended RS, rate goes up to 3.5% on 21 October.

£10 to £500 p/m, but unlimited withdrawals on 30 days notice

Does not appear to have postcode restriction.

Source

Despite of the complication of 30 days notice, it sounded interesting .....until I came to read abut applying and managing by Post or in Branch.

It's not opened-ended but 2 years max: After 2 years your account will automatically become a Plain Sailing Easy Access Account

I'll pass for now but it sounds interesting for those who can manage with postal/Branch application and management.

We applied for 2 accounts which were opened the day after I sent the forms. Once you have the account number you can register on line for H&R Online. It allows you to view account and send messages. You are required to give 30 days’ notice in writing, online, by telephone or at a branch or agency. That gives you a 14 day window to send your passbook and withdraw funds. Currently by cheque although they hope to use FPS within 2 years. Personally, I think the hassle is worth it for 3.50%.

So you give the notice online, but have to post off the passbook to actually request the withdrawal?

Yes, that's correct.

subjecttocontract

Id feel very uncomfortable about having specific postal time limits imposed on me during a long and protracted postal strike.

Descrabled

Chorley Seasonal Saver (closed accounts)

I notice that these accounts will increase from 1.75% to 2.25% on 21st November.

Now my account matures on 30th November.  Does this mean they intend to allow them to rollover with £1 as they did last year?

adindas

Descrabled said:

Chorley Seasonal Saver (closed accounts)

I notice that these accounts will increase from 1.75% to 2.25% on 21st November.

Now my account matures on 30th November.  Does this mean they intend to allow them to rollover with £1 as they did last year?

There is no point of having  RSA paying less than 2.75% as Santander eSaver is now paying 2.75%. The exception is, if for some reasons you cannot get this Santander eSaver account. I started diverting most of my RSA if it is allowed to Santander or reducing the monthly contribution to minimum amount.

Daliah

adindas said:

Descrabled said:

Chorley Seasonal Saver (closed accounts)

I notice that these accounts will increase from 1.75% to 2.25% on 21st November.

Now my account matures on 30th November.  Does this mean they intend to allow them to rollover with £1 as they did last year?

There is no point of having  RSA paying less than 2.75% as Santander eSaver is now paying 2.75%. The exception is, if for some reasons you cannot get this Santander eSaver account. I started diverting most of my RSA if it is allowed to Santander or reducing the monthly contribution to minimum amount.

There is also Cynergy 2.75%.

Descrabled

Chorley Seasonal Saver (closed accounts)

The advantage of the £1 rollover would be to retain a presence in Chorley BS for a small sum with the possibility of an increase in the variable interest rate of the regular saver. This would also give access to any advantageous (I nearly said interesting) accounts that they occasionally offer to existing savers.

Ms Descrambled and myself are being very selective with our regular savers and avoiding those accounts that are fixed interest. We have not opened any of the Lloyds group regular savers.

Ms Descrabled is not descrambled just yet!

subjecttocontract

adindas said:

Descrabled said:

Chorley Seasonal Saver (closed accounts)

I notice that these accounts will increase from 1.75% to 2.25% on 21st November.

Now my account matures on 30th November.  Does this mean they intend to allow them to rollover with £1 as they did last year?

There is no point of having  RSA paying less than 2.75% as Santander eSaver is now paying 2.75%. The exception is, if for some reasons you cannot get this Santander eSaver account. I started diverting most of my RSA if it is allowed to Santander or reducing the monthly contribution to minimum amount.

....yes there is a reason to have RSA paying less than 2.75%.
Someone who is maxed out with Cynergy & maxed out with Santander and who still has spare savings will look for the next best account.