Regular Savings Accounts: The Best Currently Available List!

Band7

polymaff said:

Section62 said:

ForumUser7 said:

When you say the 4 Lloyds group regular savers, what do you mean please? I have the Bank of Scotland, Halifax and Lloyds ones all at 4.5%, but if there is a 4th available I'd certainly like to look at opening it. Thank you

Lloyds do two - Club Lloyds RS (at 5.25%) and the standard RS (at 4.5%)

If you are a Club Lloyds member you can have both.

Section62   that is two - and your post said "my" ... "4".  That was the issue.

I haven't seen anyone claiming that they have 4 regular savers at Lloyds. The only reference I can find is to 4 regular savers at the Lloyds group, which is entirely correct.

ForumUser7

RG2015 said:

polymaff said:

Section62 said:

ForumUser7 said:

When you say the 4 Lloyds group regular savers, what do you mean please? I have the Bank of Scotland, Halifax and Lloyds ones all at 4.5%, but if there is a 4th available I'd certainly like to look at opening it. Thank you

Lloyds do two - Club Lloyds RS (at 5.25%) and the standard RS (at 4.5%)

If you are a Club Lloyds member you can have both.

Section62   that is two - and your post said "my" ... "4".  That was the issue.

Once again, you have me totally lost. Looks clear to me, both the Lloyds ones and BOS and Halifax. Unless I am missing something.

Lloyds Group

1) Lloyds RS 4.5%
2) Club Lloyds RS 5.25%
3) BOS RS 4.5%
4) Halifax RS 4.5%

There are 4 1 year regular savers that can be opened through Lloyds Banking group, which comprises Halifax, bank of Scotland and Lloyds. As I am currently ineligible for the club Lloyds one, I’d semi-forgotten about it - hence I’ve got 3 of the 4. Thanks everyone for reminding me.

Hoping to see some good new regular saver rates after tomorrows base rate increase!

Kazza242

According to Moneyfacts, Principality Building Society will be launching their Christmas 2023 Regular Saver Bond, paying 5.00%

Pay in between £1 - £125 per month.  The maximum account balance (not including interest) is £1,500. 

The account has a 1 year term.  Withdrawals are NOT permitted before maturity.

The account can be opened online or in branch.

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Christmas-2023-Regular-Saver-Bond

AndyTh_2

Kazza242 said:

According to Moneyfacts, Principality Building Society will be launching their Christmas 2023 Regular Saver Bond, paying 5.00%

Pay in between £1 - £125 per month.  The maximum account balance (not including interest) is £1,500. 

The account has a 1 year term.  Withdrawals are NOT permitted before maturity.

The account can be opened online or in branch.

https://www.principality.co.uk/en/savings-accounts/Regular-Saver  

> Withdrawals are NOT permitted before maturity.

I guess, if like the 1 year regular saver bond, you can still close the account without taking a penalty.

Kazza242

AndyTh_2 said:

Kazza242 said:

According to Moneyfacts, Principality Building Society will be launching their Christmas 2023 Regular Saver Bond, paying 5.00%

Pay in between £1 - £125 per month.  The maximum account balance (not including interest) is £1,500. 

The account has a 1 year term.  Withdrawals are NOT permitted before maturity.

The account can be opened online or in branch.

https://www.principality.co.uk/en/savings-accounts/Regular-Saver  

> Withdrawals are NOT permitted before maturity.

I guess, if like the 1 year regular saver bond, you can still close the account without taking a penalty.

Yes, you can close the bond early.  The Christmas 2023 Regular Saver Bond page now states: 

"You can close your bond before it matures. Any interest you’ve earned will be added to the account balance and paid to you."

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Christmas-2023-Regular-Saver-Bond

Every_Penny_Counts

Every_Penny_Counts said:

kaMelo said:

Maturity instructions letter arrived today for the Principality Christmas Regular Saver, sadly there is no maturity option to take another one for next year. I'm slightly disappointed as this was the only reason I had kept this years account in place.

I seem to remember that it wasn’t offered in their letter last year either but was available online in the maturity area a few days after the letters arrived. 

EPC

As with last year, the Christmas RS is now available as a maturity option in the online area.

EPC

t1redmonkey

Kazza242 said:

According to Moneyfacts, Principality Building Society will be launching their Christmas 2023 Regular Saver Bond, paying 5.00%

Pay in between £1 - £125 per month.  The maximum account balance (not including interest) is £1,500. 

The account has a 1 year term.  Withdrawals are NOT permitted before maturity.

The account can be opened online or in branch.

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Christmas-2023-Regular-Saver-Bond

Just wondering if anyone's opened and tried paying into this yet?  I just tried paying into it but CoP was failing.  The email they send you doesn't tell you what to use as the account name, so not sure if this is meant to be our actual full name or Principality.

kaMelo

t1redmonkey said:

Kazza242 said:

According to Moneyfacts, Principality Building Society will be launching their Christmas 2023 Regular Saver Bond, paying 5.00%

Pay in between £1 - £125 per month.  The maximum account balance (not including interest) is £1,500. 

The account has a 1 year term.  Withdrawals are NOT permitted before maturity.

The account can be opened online or in branch.

https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/Christmas-2023-Regular-Saver-Bond

Just wondering if anyone's opened and tried paying into this yet?  I just tried paying into it but CoP was failing.  The email they send you doesn't tell you what to use as the account name, so not sure if this is meant to be our actual full name or Principality.

Choose business account and the payee "Principality Building Society"

wiseonesomeofthetime

Opened and funded really quickly as an Existing Customer.

As stated by kaMelo above, the details on how to pay in to it were clearly displayed at the end of the application process, where it gives you your account number.

rallycurve

Every_Penny_Counts said:

Every_Penny_Counts said:

kaMelo said:

Maturity instructions letter arrived today for the Principality Christmas Regular Saver, sadly there is no maturity option to take another one for next year. I'm slightly disappointed as this was the only reason I had kept this years account in place.

I seem to remember that it wasn’t offered in their letter last year either but was available online in the maturity area a few days after the letters arrived. 

EPC

As with last year, the Christmas RS is now available as a maturity option in the online area.

EPC

May I ask how does that work? Do they allow you transferring the whole balance to the new issue so that you start earning 5% on the £1500 from day one?