Regular Savings Accounts: The Best Currently Available List!

35har1old

cricidmuslibale said:

Bridlington1 said:

BestSeagull said:

Bridlington1 said:

BestSeagull said:

pecunianonolet said:

For those with Natwest/RBS Reg savers and using Paypal to fill them up quickly by (ab)using double round ups. Make sure you opt for digital statements!

I did for RBS but forgot for Natwest. Received 22 letters with statements today. The pile is 5cm high. 

Do you mind explaining how double round ups work please?

Essentially every time you make a debit card payment the change from the nearest pound is doubled and transferred the digital regular saver.

So say you made a debit card payment of £1.01.
£2-£1.01 = 99p
99px2=£1.98
so £1.98 would be transferred from your current account to the digital regular saver (assuming you had sufficient funds in the account)

Thank you. Do you use PayPal to avoid actually having to buy anything? Can you use the debit card to add money to your own PayPal account?

I personally don't use paypal so couldn't give you a certain answer. I know some on this forum send multiple 1ps back and forth to people they know to get the round ups so no purchases are necessary.

I instead make deposits into the NS&I direct saver by debit card to avoid actually buying things which works quite well.

You can also make debit card deposits into Yorkshire Building Society savings accounts and, I understand, both Skipton and Cambridge Building Society savings accounts too.

At the moment i am having DC declined at YBS and it is one of the accounts with a good rate

soulsaver

35har1old said:

 Can only be opened by post

Or in branch. 

flaneurs_lobster

Just in case you might want to know which institution this screed refers to it's

        FURNESS BUILDING SOCIETY

soulsaver said:

35har1old said:

 Can only be opened by post

Or in branch. 

Wheres_My_Cashback

35har1old said:

 Can only be opened by post

You'll find it listed on Page 1 with all other RS which meet the criteria.

arsenalboy

The Furness regular saver is not new, it is issue 5 which I took out in November when it was paying 4%, they have just increased the rate to remain competitive. 

35har1old

arsenalboy said:

The Furness regular saver is not new, it is issue 5 which I took out in November when it was paying 4%, they have just increased the rate to remain competitive. 

Neither is the Leek new which only will pay 4% from 01-03-23

ForumUser7

35har1old said:

arsenalboy said:

The Furness regular saver is not new, it is issue 5 which I took out in November when it was paying 4%, they have just increased the rate to remain competitive. 

Neither is the Leek new which only will pay 4% from 01-03-23

It’s a rate increase though - Furness increased at the start of this month I believe, and was already posted. No one else had posted the Leek increase

EDIT: Yes, it will ‘only’ pay 4%, but it is better than Furness imo as it has a larger deposit allowance (£500 rather than £250), allows more withdrawals without closure, allows months to go by with no deposits, and appears to be open ended.

It’s just a shame it’s a local/loyal product only at this stage, as I’ve not been with Leek BS long enough quite yet

35har1old

ForumUser7 said:

35har1old said:

arsenalboy said:

The Furness regular saver is not new, it is issue 5 which I took out in November when it was paying 4%, they have just increased the rate to remain competitive. 

Neither is the Leek new which only will pay 4% from 01-03-23

It’s a rate increase though - Furness increased at the start of this month I believe, and was already posted. No one else had posted leek

As their is now 709 pages to this post i don't think it really practical to trawl  through all of them to check for a previous posts

ForumUser7

35har1old said:

ForumUser7 said:

35har1old said:

arsenalboy said:

The Furness regular saver is not new, it is issue 5 which I took out in November when it was paying 4%, they have just increased the rate to remain competitive. 

Neither is the Leek new which only will pay 4% from 01-03-23

It’s a rate increase though - Furness increased at the start of this month I believe, and was already posted. No one else had posted leek

As their is now 709 pages to this post i don't think it really practical to trawl  through all of them to check for a previous posts

If you’re on a desktop (it doesn’t seem to have the option on my mobile app), you can select page 1 - @Special_Saver2 has a run down of all the different rates and accounts above a certain threshold there, which is usually maintained on a weekly basis

35har1old

soulsaver said:

35har1old said:

 Can only be opened by post

Or in branch. 

As the majority of people in the UK don't live in Cumbria (6 Branches) or Lancashire (3 Branches) that's why i said only by post