Regular Savings Accounts: The Best Currently Available List!

35har1old

Bridlington1 said:

SanguineOnSaturn said:

With mutliple regular saver accounts (the most I saw someone comment was 17) you could be moving the money sat in zopa also into higher paying accounts. If you can be bothered of course. I've only got 5 on the go so a relative noob I imagine.

I can beat that straight away, I'm now on a nice round 2 dozen if my maths serves me correctly (though some are sat at minimal balances to be fair), with a combined maximum monthly pay in of over £8k.

One thing to note is that it is perfectly possible to reach the point where you have all of your easy access savings in regular savers. In this case since many regular savers are either easy access or allow penalty free withdrawals/early closure, you can always feed the higher paying regular savers with the funds you currently have in the lower paying regular savers, which still pay more than the top easy access account.

Some regular savers no longer do

johnmoney05

arsenalboy said:

I have been trying to log in to Principality for the new regular saver, but it wont let me do so. For the last 3 or 4 days I have been getting the "oops something wrong" message.

Anybody else having problems?
 

I got the same problem, but I used another browser to apply it worked!

Qyburn

Band7 said:

Qyburn said:

On TSB Internet banking it said "Sorry, but you are not eligible for Monthly Saver" BUT down the bottom of the screen there was the button to apply anyway. So that's what I did, the account opened OK and no hassle funding it with a transfer from Lloyds.

Was that in the app or online?

I opened the account online, from the TSB online banking web site.

I'm still a little dubious because the terms and conditions clearly say that deposits can only be made by Standing Order from a TSB current account. I guess we'll see what happens but if they end up bouncing my deposit I hope they do so in time for me to set up the Standing Order in February.

PloughmansLunch

Qyburn said:

Band7 said:

Qyburn said:

On TSB Internet banking it said "Sorry, but you are not eligible for Monthly Saver" BUT down the bottom of the screen there was the button to apply anyway. So that's what I did, the account opened OK and no hassle funding it with a transfer from Lloyds.

Was that in the app or online?

I opened the account online, from the TSB online banking web site.

I'm still a little dubious because the terms and conditions clearly say that deposits can only be made by Standing Order from a TSB current account. I guess we'll see what happens but if they end up bouncing my deposit I hope they do so in time for me to set up the Standing Order in February.

I deffo transferred in the first payment directly from another account. As mentioned above - it's really dim on TSB's part but the savings account isn't automatically linked with the current account, as it is for (I think) every other high street bank regular saver. Dunno why there's no joined-up thinking there. I set up the saver as a new payee on the app for the March standing order - it's treated as a separate entity and you'll get a new payee confirmation texted through too. 

qsk

Qyburn said:
I'm still a little dubious because the terms and conditions clearly say that deposits can only be made by Standing Order from a TSB current account. I guess we'll see what happens but if they end up bouncing my deposit I hope they do so in time for me to set up the Standing Order in February.

To put your mind at ease: I SO-ed from Lloyds on Feb 1 and it has been bounced yet.

chris_the_bee

johnmoney05 said:

arsenalboy said:

I have been trying to log in to Principality for the new regular saver, but it wont let me do so. For the last 3 or 4 days I have been getting the "oops something wrong" message.

Anybody else having problems?
 

I got the same problem, but I used another browser to apply it worked!

Clear all cookies/browsing history or go incognito

Patrington

Notts BS

A whole host of interest rate changes on open, closed RS (and non RS) from yesterday

https://www.thenottingham.com/savings/useful-tools/rate-checker/

where_are_we

I have a Saffron 12 month fixed rate members regular saver paying 3 % fixed which I can better. I have £2500 in it. I intend to withdraw £2450, to leave £50 in it as this is minimum requirement to keep account open and keeps me a member. Saffron have a history of allowing one to "product transfer" the old FRMRS to the new FRMRS, when it becomes available with a higher interest rate, and keep the same account number. I don`t believe there is a snag to my withdrawal?

Speculator

where_are_we said:

I have a Saffron 12 month fixed rate members regular saver paying 3 % fixed which I can better. I have £2500 in it. I intend to withdraw £2450, to leave £50 in it as this is minimum requirement to keep account open and keeps me a member. Saffron have a history of allowing one to "product transfer" the old FRMRS to the new FRMRS, when it becomes available with a higher interest rate, and keep the same account number. I don`t believe there is a snag to my withdrawal?

Did same last week. Left £50 in account.  Standing order is £1 per month.

Saver53

Speculator said:

where_are_we said:

I have a Saffron 12 month fixed rate members regular saver paying 3 % fixed which I can better. I have £2500 in it. I intend to withdraw £2450, to leave £50 in it as this is minimum requirement to keep account open and keeps me a member. Saffron have a history of allowing one to "product transfer" the old FRMRS to the new FRMRS, when it becomes available with a higher interest rate, and keep the same account number. I don`t believe there is a snag to my withdrawal?

Did same last week. Left £50 in account.  Standing order is £1 per month.

Or you can ask to close it, transferring £1 to a new Small Saver (4.00%) and withdrawing the rest of your balance. No requirement to make a payment in every month.  Yoiu can request this by secure message - actioned (at least in my case) same day, account number remained the same. If an improved rate RS with larger permitted deposits appears in the future, just switch back.