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Regular Savings Accounts: The Best Currently Available List!
Comments
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I already have a FD RS so the rate will be increased on 1st Dec. Anyone thinking of opening one may as well do so straight away at the existing 3.5% as it will automatically be increased in 2 days. Suspect demand will be very high.1
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Will I get the 7% as a new customer?0
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Absolutely, yes, as long as you already have a First Direct current account before applying for the Regular Saver.CooperSF said:Will I get the 7% as a new customer?2 -
@coopersf According to MSE, yes 'First Direct's currently offering newbies to its 1st Account* a free £175 to switch – so if you've been thinking about switching banks, now could be a great time, as you'll also get access to its 7% regular saver once your account's set up.' ~ https://www.moneysavingexpert.com/news/2022/11/first-direct-regular-saver-interest-rate-doubled/?_ga=2.13291444.2007125789.1668445313-1426905684.1664732070&_gl=1*wr7nmc*_ga*MTQyNjkwNTY4NC4xNjY0NzMyMDcw*_ga_X74CWQS9F0*MTY2OTcxNDQ4MS41Ny4xLjE2Njk3NDY1MTUuMzMuMC4wCooperSF said:Will I get the 7% as a new customer?
If you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.1 -
Thank you, all.1
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Can’t remember First Direct ever increasing their fixed regular savers to existing savers before and they have doubled the rate. Let’s hope HSBC do the same"Look after your pennies and your pounds will look after themselves"0
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@typistretired Have you seen re the HSBC 5% Regular Saver from December 1st? They've quintupled it!typistretired said:Can’t remember First Direct ever increasing their fixed regular savers to existing savers before and they have doubled the rate. Let’s hope HSBC do the sameIf you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.2 -
I got the confirmation of rate Increase to 7% from firsta Direct via text today.1
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HSBC have already announced they are raising from 1% to 5% from 1st December including for existing customers.1
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Question: When is a fixed interest rate not in fact a fixed interest rate?typistretired said:Can’t remember First Direct ever increasing their fixed regular savers to existing savers before and they have doubled the rate. Let’s hope HSBC do the same
Answer: When First Direct double it and HSBC quintuple it!
We may be hearing this question and answer on some quiz show or other in the near future!2
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