Regular Savings Accounts: The Best Currently Available List!

ForumUser7

Kazza242 said:

According to Moneyfacts, Saffron Building Society will be launching their 12 Month Fixed Rate Members Regular Saver (issue 12), which will pay 3.00%.

It is likely to be available from 25th October.  It is available to members who have had an existing relationship with Saffron Building Society for the past 12 months.  

Holders of earlier issues of Saffron Members Regular Saver can apply via secure message or over the phone for their account to be product switched to the new issue.   

(They use some money from your existing balance to cover the payment for this month and the remaining balance is sent to your nominated account).  You then just need to amend your standing order so that another 11 payments are scheduled.  

https://www.saffronbs.co.uk/savings/regular-savings-accounts/12-month-fixed-rate-members-regular-saver-issue-11

Their small saver issue 6 is coming out too with 3.50% on £50 per month according to MoneyFacts

where_are_we

New Saffron RS12 - hopefully available tomorrow - as Kazza explains, they are very quick to respond to a secure message request to close RS11 and open new RS12 with same account number. This time it is good that you are able to get first payment of £500 (October) into RS12 followed a few days later by November`s £500. 

veryintrigued

Halifax Regular Saver increased to 4.5% for new accounts 

Can I kindly suggest that if people want to discuss the nuances of this account they begin a new 'Halifax Regular Saver thread'.

https://www.halifax.co.uk/savings/fixed-term/regular-saver.html

liamcov

Monmouth Christmas Saver Bond (Issue 4)

Has anyone had any maturity instructions for this account? I haven't heard a peep - wondering if I can instruct them to transfer part of balance to a new regular saver and rest to my bank account?

Section62

liamcov said:

Monmouth Christmas Saver Bond (Issue 4)

Has anyone had any maturity instructions for this account? I haven't heard a peep - wondering if I can instruct them to transfer part of balance to a new regular saver and rest to my bank account?

It was a couple of weeks ago, but there was no maturity-type RS account on offer at that time -

https://forums.moneysavingexpert.com/discussion/comment/79552588/#Comment_79552588

wiseonesomeofthetime

veryintrigued said:

Halifax Regular Saver increased to 4.5% for new accounts 

Can I kindly suggest that if people want to discuss the nuances of this account they begin a new 'Halifax Regular Saver thread'.

https://www.halifax.co.uk/savings/fixed-term/regular-saver.html

I do not think it really requires discussion or a new thread, however, of particular note to this offering, over that of Lloyds, Club Lloyd's, and Bank of Scotland, is the lack of regular access to your funds before the expiration of 12 months.

Your money is only accessible within 12 months by closure of the account.

subjecttocontract

So, could I close my existing Halifax regular saver and open a new one at 4.5% ?

SFindlay

subjecttocontract said:

So, could I close my existing Halifax regular saver and open a new one at 4.5% ?

Yes, renew the old RS account into an easy access account through online banking (not App) then you will be free to open the new 4.5% Regular Saver. 

veryintrigued

And so the nuances begin...

Daliah

Halifax is riddled with "technical problems" this morning. I tried applying for the 4.5% RS twice through the app (iOS) and once with Chrome in online banking. No luck. I then switched to online banking in Edge and the application sailed through. so don't give up if at first you don't succeed!