Regular Savings Accounts: The Best Currently Available List!

pokemaster

pookey said:

pokemaster said:

Yes you can open a current account with Natwest and RBS and then open One Digital Regular Saver with each bank. (new customer or old customers)

Both Natwest and RBS (currently) have switching deals, if you happen to have a space current account you don't use and switch to either Natwest or RBS (and follow a few more easy steps) they will give you  £200 in to your account

JUST REMEMBER: Don't deposit more than £150 a month.... I tend to do £50 via the standing order they want and then the extra £125 by transfer..... If you deposit more each month it will go through but will be sent back and if you do it multiple times they could close your saver. (as stated in their T&Cs)

(That's where round ups come in, if you were gonna use round ups/double round ups you have to turn it on in the settings and also select which account you want them to be sent to in this case to the Digital Regular Saver.)

If you are going to say do the £1.01 deposit to a Building Society like Skipton via debit card, you would need the £1.01 in the current account (for Skipton) and the £1.98 that will be transferred through round ups when the card transaction clears (within around 2 working days) Which they do automatically.

It has been known in VERY rare conditions someone has managed to get the full £5k through round ups in just over a month... but thats not recommended

This is really great info, thank you for taking the time to explain it so well.
I actually have 2 tsb accounts I don't really use that I could probably do the switches with. 
Do switches effect credit rating? I don't really need a good rate for anything in particular but I'm not classed at working at the moment so I don't want to mess around with it to much. Also I wanted to do the first direct monthly saver as the rate is very good too. Would I need to have the current account for a certain amount of time before I can switch? 

According to this thread

https://forums.moneysavingexpert.com/discussion/6422051/list-of-banks-with-hard-vs-soft-searches-for-current-accounts

they both do hard searches, don't know how many points you would lose though?

IF you only have 2 TSB accounts and you close them both, that will appear on your credit file too, as I found out when I switched my Coop to Natwest and only had the one Coop current account.

Just to double check the TSB accounts are current accounts and not savings accounts right?

I believe there isn't a time limit for having the accounts, but the rule of thumb seems to be if you've had the account for years and years keep it.

With FD, I believe once you have the current account with them you can apply straight away from the Regular Saver (well thats what I did when I got it 4 months ago, it did take them around 4 days to set it up)

Also if you don't have a FD current account they currently have a switching offer too of £175, there is probably some hoops to jump through though to get the monies though

pookey

pokemaster said:

pookey said:

pokemaster said:

Yes you can open a current account with Natwest and RBS and then open One Digital Regular Saver with each bank. (new customer or old customers)

Both Natwest and RBS (currently) have switching deals, if you happen to have a space current account you don't use and switch to either Natwest or RBS (and follow a few more easy steps) they will give you  £200 in to your account

JUST REMEMBER: Don't deposit more than £150 a month.... I tend to do £50 via the standing order they want and then the extra £125 by transfer..... If you deposit more each month it will go through but will be sent back and if you do it multiple times they could close your saver. (as stated in their T&Cs)

(That's where round ups come in, if you were gonna use round ups/double round ups you have to turn it on in the settings and also select which account you want them to be sent to in this case to the Digital Regular Saver.)

If you are going to say do the £1.01 deposit to a Building Society like Skipton via debit card, you would need the £1.01 in the current account (for Skipton) and the £1.98 that will be transferred through round ups when the card transaction clears (within around 2 working days) Which they do automatically.

It has been known in VERY rare conditions someone has managed to get the full £5k through round ups in just over a month... but thats not recommended

This is really great info, thank you for taking the time to explain it so well.
I actually have 2 tsb accounts I don't really use that I could probably do the switches with. 
Do switches effect credit rating? I don't really need a good rate for anything in particular but I'm not classed at working at the moment so I don't want to mess around with it to much. Also I wanted to do the first direct monthly saver as the rate is very good too. Would I need to have the current account for a certain amount of time before I can switch? 

According to this thread

https://forums.moneysavingexpert.com/discussion/6422051/list-of-banks-with-hard-vs-soft-searches-for-current-accounts

they both do hard searches, don't know how many points you would lose though?

IF you only have 2 TSB accounts and you close them both, that will appear on your credit file too, as I found out when I switched my Coop to Natwest and only had the one Coop current account.

Just to double check the TSB accounts are current accounts and not savings accounts right?

I believe there isn't a time limit for having the accounts, but the rule of thumb seems to be if you've had the account for years and years keep it.

With FD, I believe once you have the current account with them you can apply straight away from the Regular Saver (well thats what I did when I got it 4 months ago, it did take them around 4 days to set it up)

Also if you don't have a FD current account they currently have a switching offer too of £175, there is probably some hoops to jump through though to get the monies though

Thank you, tsb is the classic plus account, I'll double check tomorrow to make sure they are current accounts 

pokemaster

SaffronBS 9% Members Regular Saver.... (need to have been with them over a year)

"You can open it in branch or online if you were an existing member since 1st June 2022."

Just had email to say "this account is limited edition and will only be available until the end of June (and may be withdrawn earlier in case of high demand)."

allegro120

pookey said:

pokemaster said:

pookey said:

pokemaster said:

Yes you can open a current account with Natwest and RBS and then open One Digital Regular Saver with each bank. (new customer or old customers)

Both Natwest and RBS (currently) have switching deals, if you happen to have a space current account you don't use and switch to either Natwest or RBS (and follow a few more easy steps) they will give you  £200 in to your account

JUST REMEMBER: Don't deposit more than £150 a month.... I tend to do £50 via the standing order they want and then the extra £125 by transfer..... If you deposit more each month it will go through but will be sent back and if you do it multiple times they could close your saver. (as stated in their T&Cs)

(That's where round ups come in, if you were gonna use round ups/double round ups you have to turn it on in the settings and also select which account you want them to be sent to in this case to the Digital Regular Saver.)

If you are going to say do the £1.01 deposit to a Building Society like Skipton via debit card, you would need the £1.01 in the current account (for Skipton) and the £1.98 that will be transferred through round ups when the card transaction clears (within around 2 working days) Which they do automatically.

It has been known in VERY rare conditions someone has managed to get the full £5k through round ups in just over a month... but thats not recommended

This is really great info, thank you for taking the time to explain it so well.
I actually have 2 tsb accounts I don't really use that I could probably do the switches with. 
Do switches effect credit rating? I don't really need a good rate for anything in particular but I'm not classed at working at the moment so I don't want to mess around with it to much. Also I wanted to do the first direct monthly saver as the rate is very good too. Would I need to have the current account for a certain amount of time before I can switch? 

According to this thread

https://forums.moneysavingexpert.com/discussion/6422051/list-of-banks-with-hard-vs-soft-searches-for-current-accounts

they both do hard searches, don't know how many points you would lose though?

IF you only have 2 TSB accounts and you close them both, that will appear on your credit file too, as I found out when I switched my Coop to Natwest and only had the one Coop current account.

Just to double check the TSB accounts are current accounts and not savings accounts right?

I believe there isn't a time limit for having the accounts, but the rule of thumb seems to be if you've had the account for years and years keep it.

With FD, I believe once you have the current account with them you can apply straight away from the Regular Saver (well thats what I did when I got it 4 months ago, it did take them around 4 days to set it up)

Also if you don't have a FD current account they currently have a switching offer too of £175, there is probably some hoops to jump through though to get the monies though

Thank you, tsb is the classic plus account, I'll double check tomorrow to make sure they are current accounts 

Yes 'classic plus' is a current account. I had 4 of them, used 3 for switching.

alrk

I only started opening regular savers this year and already have halifax, nationwide, YBS and principality, all running fro a few months.
there dont seem to have been any new ones to add. (I dont have saffron etc etc account)

am i missing anything?

pookey

allegro120 said:

pookey said:

pokemaster said:

pookey said:

pokemaster said:

Yes you can open a current account with Natwest and RBS and then open One Digital Regular Saver with each bank. (new customer or old customers)

Both Natwest and RBS (currently) have switching deals, if you happen to have a space current account you don't use and switch to either Natwest or RBS (and follow a few more easy steps) they will give you  £200 in to your account

JUST REMEMBER: Don't deposit more than £150 a month.... I tend to do £50 via the standing order they want and then the extra £125 by transfer..... If you deposit more each month it will go through but will be sent back and if you do it multiple times they could close your saver. (as stated in their T&Cs)

(That's where round ups come in, if you were gonna use round ups/double round ups you have to turn it on in the settings and also select which account you want them to be sent to in this case to the Digital Regular Saver.)

If you are going to say do the £1.01 deposit to a Building Society like Skipton via debit card, you would need the £1.01 in the current account (for Skipton) and the £1.98 that will be transferred through round ups when the card transaction clears (within around 2 working days) Which they do automatically.

It has been known in VERY rare conditions someone has managed to get the full £5k through round ups in just over a month... but thats not recommended

This is really great info, thank you for taking the time to explain it so well.
I actually have 2 tsb accounts I don't really use that I could probably do the switches with. 
Do switches effect credit rating? I don't really need a good rate for anything in particular but I'm not classed at working at the moment so I don't want to mess around with it to much. Also I wanted to do the first direct monthly saver as the rate is very good too. Would I need to have the current account for a certain amount of time before I can switch? 

According to this thread

https://forums.moneysavingexpert.com/discussion/6422051/list-of-banks-with-hard-vs-soft-searches-for-current-accounts

they both do hard searches, don't know how many points you would lose though?

IF you only have 2 TSB accounts and you close them both, that will appear on your credit file too, as I found out when I switched my Coop to Natwest and only had the one Coop current account.

Just to double check the TSB accounts are current accounts and not savings accounts right?

I believe there isn't a time limit for having the accounts, but the rule of thumb seems to be if you've had the account for years and years keep it.

With FD, I believe once you have the current account with them you can apply straight away from the Regular Saver (well thats what I did when I got it 4 months ago, it did take them around 4 days to set it up)

Also if you don't have a FD current account they currently have a switching offer too of £175, there is probably some hoops to jump through though to get the monies though

Thank you, tsb is the classic plus account, I'll double check tomorrow to make sure they are current accounts 

Yes 'classic plus' is a current account. I had 4 of them, used 3 for switching.

Thank you, I have 2 off my own and 2 that are joint.  I'm so glad I didn't bother closing them, will come in very handy now

RG2015

alrk said:

I only started opening regular savers this year and already have halifax, nationwide, YBS and principality, all running fro a few months.
there dont seem to have been any new ones to add. (I dont have saffron etc etc account)

am i missing anything?

First Direct 7%
Club Lloyds 6.25%
Lloyds 5.25%
NatWest 6%
RBS 6%
TSB 5%
HSBC 5%
Skipton 7.5% (existing customers only like Saffron)

pookey

alrk said:

I only started opening regular savers this year and already have halifax, nationwide, YBS and principality, all running fro a few months.
there dont seem to have been any new ones to add. (I dont have saffron etc etc account)

am i missing anything?

Have you looked at the first page? 
First Direct 7%
Natwest and RBS 6.17%

RG2015

pookey said:

alrk said:

I only started opening regular savers this year and already have halifax, nationwide, YBS and principality, all running fro a few months.
there dont seem to have been any new ones to add. (I dont have saffron etc etc account)

am i missing anything?

Have you looked at the first page? 
First Direct 7%
Natwest and RBS 6.17%

Oh yes, the first page of this very thread has a few hundred. Definitely worth mentioning.

ForumUser7

Loughborough BS has increased their Children's RS to an undesirable 3.25%. The Regular Saver Issue 1 remains at 2.50%