Regular Savings Accounts: The Best Currently Available List!

soulsaver

Bridlington1 said:

phillw said:

adindas said:

I just cheeked it. My TSB monthly saver is still paying 2% with minimum balance, not paying 3%.

Does anyone know the way around to get 3% interest. Could it be done like LBG group, e.g upgrade to other instant saving and reopen a new one ?  Will it work with TSB ??

You can't. All you can do is withdraw the money & close it. They will send you a cheque for the interest. You can't open another regular saver with them for a year.

I don't know if that is a year from opening or closing. I was only a month or so into my monthly saver when they raised interest, so it made little difference to me.

It's a year from opening. Also when I closed mine a month or two ago they just transferred the final balance including interest into my spend & save account so no cheque involved.

Same here, no cheques. 

phillw

soulsaver said:
Same here, no cheques. 

No idea what they were doing then. They spent more money on the cheque than I got in interest.

I have a spend and save account, which I paid money in each month and withdrew the money to.

cricidmuslibale

Gers said:

Virgin Money HBC new account  still with a very poor 1.75% interest rate - it doesn't raise any interest with me. 

The third worst currently available regular savings account in terms of interest rate! (according to Moneyfacts) Only Hanley Economic Building Society’s 1.10% account and HSBC’s 1.00% regular saver pay less at the moment!

Rudyson

phillw said:

No idea what they were doing then. They spent more money on the cheque than I got in interest.

I have a cheque from Santander for 1p interest. i kept it as a souvenir

surreysaver

Rudyson said:

phillw said:

No idea what they were doing then. They spent more money on the cheque than I got in interest.

I have a cheque from Santander for 1p interest. i kept it as a souvenir

But balancing the books is important. Think how much it would have cost in auditors if the penny had just been ignored

chris_the_bee

Dudley BS raised interest rate on 1 year Regular Saver Online Issue 2 by a less than magnanimous 0.3% from 2.2% to an underwhelming 2.5% WEF 23rd November. Other accounts including those withdrawn also increased by differing amounts.

[Deleted User]

Bucks BS Members and Locals RS (a legacy account) to increase to 3.45pc from 1 December (from 2.80pc).

Their available RS goes from 2.45pc to 3pc on the same date.

happybagger

surreysaver said:

Rudyson said:

phillw said:

No idea what they were doing then. They spent more money on the cheque than I got in interest.

I have a cheque from Santander for 1p interest. i kept it as a souvenir

But balancing the books is important. Think how much it would have cost in auditors if the penny had just been ignored

Imagine their irritation at that penny not reconciled due to the cheque not being banked by Rudyson then 

subjecttocontract

I received a final demand (a red one) from British Telcom for £0. So, I sent them a cheque or £0.......never heard from them again. I framed the final demand and hung it in my office.  

Bridlington1

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Edit: Ts&Cs below: