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Regular Savings Accounts: The Best Currently Available List!
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Thanks all
I couldn't see it in the terms for some reason 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 I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read.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.0 -
Santander Regular eSaver (I don't hold mine anymore though)refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?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 I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read.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.3 -
Coventry month is from account opening date. I have to wait until the 23rd to pay in. I did it earlier the first time, and the payment was returned.refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?
Also, the Coventry saver has to be funded from an external account.3 -
Coventry RS is based on opening date -> same date next monthrefluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?2 -
Re Santander:RG2015 said:
First Direct, HSBC and also Coventry as previously noted.refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?
I have just checked my Santander RS’s and they were 1st of month, but maybe I opened them all in the 1st.Your month is calculated by the date that you open your Regular eSaver, e.g. you open the Regular eSaver on the 16th of a month, your month will run from 16th of one month to the 15th of the next month.
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.3 -
Thanks, and I remember now what happened to my last three.ForumUser7 said:
Re Santander:RG2015 said:
First Direct, HSBC and also Coventry as previously noted.refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?
I have just checked my Santander RS’s and they were 1st of month, but maybe I opened them all in the 1st.Your month is calculated by the date that you open your Regular eSaver, e.g. you open the Regular eSaver on the 16th of a month, your month will run from 16th of one month to the 15th of the next month.
The first must have been from the 1st of the month and the next two were opened automatically by Santander upon maturity of the earlier one.1 -
Except the First Home Buyer Regular Saver. That is calendar month just to keep it complicatedMiddle_of_the_Road said:
Coventry month is from account opening date. I have to wait until the 23rd to pay in. I did it earlier the first time, and the payment was returned.refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?
Also, the Coventry saver has to be funded from an external account.I consider myself to be a male feminist. Is that allowed?3 -
In practice, First Direct and HSBC are based on calendar months. HSBC allows internal transfers into the Regular Saver, whilst First Direct restricts deposits to internal standing orders.RG2015 said:
First Direct, HSBC and also Coventry as previously noted.refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?
I have just checked my Santander RS’s and they were 1st of month, but maybe I opened them all in the 1st.3 -
Moreover I discovered during lockdown that the maximum monthly deposit didn't seem to apply having accidentally set up 2 SOs for the HSBC monthly saver, resulting in me surpassing £3k quite comfortably. I don't know if it still works now though as it was a while back.AmityNeon said:
In practice, First Direct and HSBC are based on calendar months. HSBC allows internal transfers into the Regular Saver, whilst First Direct restricts deposits to internal standing orders.RG2015 said:
First Direct, HSBC and also Coventry as previously noted.refluxer said:I think all of my Regular Savers are PCM - are there many that work on an account month ?
I have just checked my Santander RS’s and they were 1st of month, but maybe I opened them all in the 1st.0
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