Regular Savings Accounts: The Best Currently Available List!

Band7

castle96 said:

Must admit, I fibbed ! Naughty me

If you are unlucky, you could earn yourself a CIFAS First Party Fraud marker which stays with you for 6 years. https://www.experian.co.uk/blogs/latest-thinking/fraud-prevention/what-is-first-second-and-third-party-fraud/#:~:text=first-party fraud?-,What is first-party fraud?,for financial or material gain.

pafpcg

Band7 said:

castle96 said:

Must admit, I fibbed ! Naughty me

If you are unlucky, you could earn yourself a CIFAS First Party Fraud marker which stays with you for 6 years. https://www.experian.co.uk/blogs/latest-thinking/fraud-prevention/what-is-first-second-and-third-party-fraud/#:~:text=first-party fraud?-,What is first-party fraud?,for financial or material gain.

Ouch!  The CoventryBS didn't go that far with the multiple regular savers, did they?

kaMelo

I have to say that using the term "Fraud" is stretching things a little and as far as CIFAS goes that's a high bar to cross.
An institution has to show it had reasonable grounds to believe that a fraud or financial crime had been committed or attempted and that the evidence would support this being reported to the authorities.

Opinions are like !!!!!!, everyone has one and they're all different but I cannot see how any fair minded person would think that high bar had been crossed when considering the requirement I've bolded above.

Band7

kaMelo said:

I have to say that using the term "Fraud" is stretching things a little and as far as CIFAS goes that's a high bar to cross.
An institution has to show it had reasonable grounds to believe that a fraud or financial crime had been committed or attempted and that the evidence would support this being reported to the authorities.

Opinions are like !!!!!!, everyone has one and they're all different but I cannot see how any fair minded person would think that high bar had been crossed when considering the requirement I've bolded above.

I am merely going by Experian's explanation of First Party Fraud 

happybagger

Aren't we pushing the bounds of sensible outcomes here, if a building society finds out someone has 'made an error' on their application form for a RS account and wants to do something to penalise their customer, they are more likely to a) close the account and return the funds; and/or b) end their membership of the society. Would it really be in their interest to gain negative publicity pursuing legal action against an individual for opening an account?

Not so long ago people on here were stating how many of different issues of accounts they had despite it apparently being against the 'rules' and what was on the application. Never seemed to be mentioned then.

Off topic but attempting to lighten the convo, I bought a packet of Persil today and it says "Family Pack" on the top. Will the shop prosecute me because I don't have a family at my home? (rhetorical)

schiff

You shouldn't air your dirty washing on a public forum!

Special_Saver2

Hi Folks,

I have changed the following items on page 1 of this thread.

- Principality BS First Home Steps Savings Account (Issue 3) and Principality BS First Home Steps Online Savings Account (Issue 2) interest rate updated to 3.05% - 3.75% gross p.a. variable (3.05% if your balance is £2,500, then 3.25% if your balance is £2,501 - £7,500 then 3.75% from £7,500 to £25,000) from 19th October 2022

- NatWest Digital Regular Saver Account and Royal Bank of Scotland Digital Regular Saver Account interest rate updated to 5% gross p.a. (5.12% AER) variable up to £5,000 then 0.65% above £5,000 from 31st January 2023

- Yorkshire BS Christmas 2023 Regular Saver paying 4.50% gross p.a. variable on up to £300 per month with account maturity on 31st October 2023 that can be opened in branch, by post or online added to page 1

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

ForumUser7

Is anyone else’s YBS make me an esaver interest showing in their accounts this morning please? Mine is reflecting in the balance, but not showing in the transaction list. It felt a bit odd given it matures on the 1st February, not today, and I’m kind of wondering if it will still be earning interest in the meantime

Band7

Furness BS 1 Year Regular Saver (Issue 5) going from 4% to 4.3% on Feb 1

someone

Band7 said:

Furness BS 1 Year Regular Saver (Issue 5) going from 4% to 4.3% on Feb 1

May I ask where is the info about the change? I have the off sale 3 year account that currently is 2.9% and am making a decision on what to do with balance by the end of month.