Regular Savings Accounts: The Best Currently Available List!

GPK10

Daliah said:

GPK10 said:

Trying to open a new Halifax Regular Saver but once I login and click savings products it says online banking is unavailable - has been all morning?

Haven't tried in online banking but in the app it looks all fine.

Hi,

Thanks for the suggestions, tried in my regular browser, chrome and the app, none of them working.

Just to be clear I can see my accounts etc, it is when clicking on "compare savings" that it says online is unavailable

Daliah

phillw said:

Daliah said:

Nick_C said:

I think I've had three iterations of the Saffron RS this year.  It's just not worth opening again at 3%.  I'm also thinking of opening the Small Saver.  From 1/11, my worst RS will be Principality @ 3.25%.

Whether the 3% Saffron is worth it depends on your personal circumstances.  

It's more down to whether you think that by the time you've opened it, whether you will get more than 3% with an easy access account (2.84% is currently the best). One £500 deposit for a month is worth around six pence increase compared to leaving money in Al Rayan. I'm not sure it's worth opening the account and closing it early for that.

Lloyds/BOS/Halifax regular savers are more future proof.

As I said, it depends on personal circumstances. I had the Saffron RS for ages and don’t remember that opening it was very onerous. Renewing it is a doddle, too. There is no closing involved. Your sort code and account number stays the same. Much easier than fiddling about with the LBG RSs

ctdctd

GPK10 said:

Daliah said:

GPK10 said:

Trying to open a new Halifax Regular Saver but once I login and click savings products it says online banking is unavailable - has been all morning?

Haven't tried in online banking but in the app it looks all fine.

Hi,

Thanks for the suggestions, tried in my regular browser, chrome and the app, none of them working.

Just to be clear I can see my accounts etc, it is when clicking on "compare savings" that it says online is unavailable

I'm using Firefox on the laptop and got the same.

However, I have an existing saving account so went "More Actions" > "Renew Account"

At the bottom of the Renew Account screen is an "Open new Account" button - that worked.

phillw

Daliah said:
As I said, it depends on personal circumstances. I had the Saffron RS for ages and don’t remember that opening it was very onerous. Renewing it is a doddle, too. There is no closing involved. Your sort code and account number stays the same. Much easier than fiddling about with the LBG RSs

Saffron used to have good interest rates (I think they used to only offer them to people in certain areas, while now they appear to offer all rates across the UK).

At 3% I would expect you would be closing it to get the money and interest in a month or two. Unless you don't like money (which I guess is a personal circumstance, but at odds with MSE).

Daliah

phillw said:

Daliah said:
As I said, it depends on personal circumstances. I had the Saffron RS for ages and don’t remember that opening it was very onerous. Renewing it is a doddle, too. There is no closing involved. Your sort code and account number stays the same. Much easier than fiddling about with the LBG RSs

Saffron used to have good interest rates. At 3% I would expect you would be closing it to get the money and interest in a month or two. Unless you don't like money.

Not sure what you are trying to say. I am doing what is best for me today, and in a month or two or whenever I will do what’s best for  me then. If the Saffron 3% account is no good for you, don’t have it but don’t assume it’s no good for other people.

GPK10

ctdctd said:

GPK10 said:

Daliah said:

GPK10 said:

Trying to open a new Halifax Regular Saver but once I login and click savings products it says online banking is unavailable - has been all morning?

Haven't tried in online banking but in the app it looks all fine.

Hi,

Thanks for the suggestions, tried in my regular browser, chrome and the app, none of them working.

Just to be clear I can see my accounts etc, it is when clicking on "compare savings" that it says online is unavailable

I'm using Firefox on the laptop and got the same.

However, I have an existing saving account so went "More Actions" > "Renew Account"

At the bottom of the Renew Account screen is an "Open new Account" button - that worked.

Thank you. Almost got there but said I am not eligible, as I need to close existing dormant regular saver first. When I tried to do that I was back to internet banking not being available.

Think I will try again tomorrow

wmb194

phillw said:

Daliah said:
As I said, it depends on personal circumstances. I had the Saffron RS for ages and don’t remember that opening it was very onerous. Renewing it is a doddle, too. There is no closing involved. Your sort code and account number stays the same. Much easier than fiddling about with the LBG RSs

Saffron used to have good interest rates (I think they used to only offer them to people in certain areas, while now they appear to offer all rates across the UK).

At 3% I would expect you would be closing it to get the money and interest in a month or two. Unless you don't like money (which I guess is a personal circumstance, but at odds with MSE).

I'm definitely keeping it with a minimum balance because, 1) it has these better accounts for 12 month+ members and, 2) having an account gives you access to Saffron Rewards and over the years its discounts have saved me a few quid buying things online from Apple and some other places.

ctdctd

GPK10 said:

ctdctd said:

GPK10 said:

Daliah said:

GPK10 said:

Trying to open a new Halifax Regular Saver but once I login and click savings products it says online banking is unavailable - has been all morning?

Haven't tried in online banking but in the app it looks all fine.

Hi,

Thanks for the suggestions, tried in my regular browser, chrome and the app, none of them working.

Just to be clear I can see my accounts etc, it is when clicking on "compare savings" that it says online is unavailable

I'm using Firefox on the laptop and got the same.

However, I have an existing saving account so went "More Actions" > "Renew Account"

At the bottom of the Renew Account screen is an "Open new Account" button - that worked.

Thank you. Almost got there but said I am not eligible, as I need to close existing dormant regular saver first. When I tried to do that I was back to internet banking not being available.

Think I will try again tomorrow

I had an existing RS as well and it let me renew it to an Everyday Saver - logged out and back in again and the account name had changed. Then did the method above to open the new RS.

where_are_we

phillw - I respect your opinion on a new Saffron BS RS12 - that`s what MSE forums are for. However as Daliah points out it is easy to upgrade from RS11, Saffron are very efficient, and being able to get £500 in @3% for October and then another £500 in on 1/11 means £1000 is getting 3% in a few days time.

Nick_C

where_are_we said:

phillw - I respect your opinion on a new Saffron BS RS12 - that`s what MSE forums are for. However as Daliah points out it is easy to upgrade from RS11, Saffron are very efficient, and being able to get £500 in @3% for October and then another £500 in on 1/11 means £1000 is getting 3% in a few days time.

I'm expecting BOEBR to increase again next Thursday.  I think within 3 weeks, I'll be getting 3% or more on an instant access savings account.

Having £1000 with Saffron for three weeks at 3pc instead of leaving it in Santander at 2.75pc would give me an extra 15p.

Not worth it for me.  And as a Saffron member, I don't want to be imposing extra costs on them. 

Saffron need to come up 5% fixed or 3% variable to get my attention.