Regular Savings Accounts: The Best Currently Available List!

sheffieldeagle

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?

Is this in the app. I got the same message a few days ago but went online using Chrome and worked fine.

Cheers

Daliah

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.

Nick_C

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 only took me a secure message and a minute to update my existing SO to upgrade from 2.55% to 3%*. I'd love to have the 3.25% account but then I would have £450 for which I don't get more than 2.81% atm (other 3% and 5% accounts and all Regular Savers paying more than 3% are already fully utilised).

*My 2.55% one only had £1 left in it as I had moved the remaining balance to a better than 2.55% account. I will do the same again as and when 3% becomes uncompetitive. 

Indeed.  But I'm getting 2.75% at Santander, and if BOEBR goes up another half a percent next month, then my Skipton Flexible ISA will go up to 3.1%.  Saffron @ 3% just isn't worth the effort to me if I have to keep renewing it and moving out everything above £500.  3.5% has a bit more longevity, even if it is only £50 a month.

phillw

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.

EssexHebridean

Nick_C 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 only took me a secure message and a minute to update my existing SO to upgrade from 2.55% to 3%*. I'd love to have the 3.25% account but then I would have £450 for which I don't get more than 2.81% atm (other 3% and 5% accounts and all Regular Savers paying more than 3% are already fully utilised).

*My 2.55% one only had £1 left in it as I had moved the remaining balance to a better than 2.55% account. I will do the same again as and when 3% becomes uncompetitive. 

Indeed.  But I'm getting 2.75% at Santander, and if BOEBR goes up another half a percent next month, then my Skipton Flexible ISA will go up to 3.1%.  Saffron @ 3% just isn't worth the effort to me if I have to keep renewing it and moving out everything above £500.  3.5% has a bit more longevity, even if it is only £50 a month.

For £50 a month I'm seeing the Nationwide Start to Save 2 as a better option (Assuming you don't already have one) - they have good form for increasing the interest rates on their accounts so far, too.

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.