Regular Savings Accounts: The Best Currently Available List!

schiff

adindas said:

Wheres_My_Cashback said:

Ken68 said:

Same here, Hattie , re Loughborough. Rang them the other day for missing t and c's, they confirm 3% and variable. I send in the passbook every so often. Fingers and legs crossed.

Is it really worth the cost of postage eroding what you've earnt or do you have prepaid envelopes?

Same opinion here. Unless it is for withdrawal puposes, I can not see the good reason for sending the passbok just to see the balance. P&P cost, your time and let alone the money to be made is tiny.

It was a matter of routine for me to do monthly checks to confirm that SOs had worked OK (they always have, so it's a bit belt and braces). Bus pass visit to the local Virgin store and a phone call to the Nottingham, the only ones that I have that I can't check online. I've suspended those actions since the lockdown but wouldn't consider checking by post.

surreysaver

schiff said:

adindas said:

Wheres_My_Cashback said:

Ken68 said:

Same here, Hattie , re Loughborough. Rang them the other day for missing t and c's, they confirm 3% and variable. I send in the passbook every so often. Fingers and legs crossed.

Is it really worth the cost of postage eroding what you've earnt or do you have prepaid envelopes?

Same opinion here. Unless it is for withdrawal puposes, I can not see the good reason for sending the passbok just to see the balance. P&P cost, your time and let alone the money to be made is tiny.

It was a matter of routine for me to do monthly checks to confirm that SOs had worked OK (they always have, so it's a bit belt and braces). Bus pass visit to the local Virgin store and a phone call to the Nottingham, the only ones that I have that I can't check online. I've suspended those actions since the lockdown but wouldn't consider checking by post.

Same with me.  Luckily with my job I get free travel to St Albans (my nearest Nottinghamshire branch), and its a day out, although my most recent Nottinghamshire account I haven't updated yet, as I only opened it a week or so before lockdown (I saw lockdown coming, so the visit was now or never)!

schiff

The Nottingham is a bit behind the times. They don't do FP withdrawals at maturity either. The last time I collected I withdrew in cash and dumped it into the TSB next door! I believe they are considering paying future maturities into an account of your choice due to the lockdown. Though I'm not sure of that. My next is in November. I do admire them though for keeping the variable rates going, for the moment anyway.

Speculator

surreysaver said:

schiff said:

adindas said:

Wheres_My_Cashback said:

Ken68 said:

Same here, Hattie , re Loughborough. Rang them the other day for missing t and c's, they confirm 3% and variable. I send in the passbook every so often. Fingers and legs crossed.

Is it really worth the cost of postage eroding what you've earnt or do you have prepaid envelopes?

Same opinion here. Unless it is for withdrawal puposes, I can not see the good reason for sending the passbok just to see the balance. P&P cost, your time and let alone the money to be made is tiny.

It was a matter of routine for me to do monthly checks to confirm that SOs had worked OK (they always have, so it's a bit belt and braces). Bus pass visit to the local Virgin store and a phone call to the Nottingham, the only ones that I have that I can't check online. I've suspended those actions since the lockdown but wouldn't consider checking by post.

Same with me.  Luckily with my job I get free travel to St Albans (my nearest Nottinghamshire branch), and its a day out, although my most recent Nottinghamshire account I haven't updated yet, as I only opened it a week or so before lockdown (I saw lockdown coming, so the visit was now or never)!

Had to close my Nottingham regular ISA @ St Albans  by post due to Covid. They confirmed by email to send the cheque direct to Lloyds St Albans so I was surprised to receive the cheque in the post at maturity. Had problems paying it in because the last bank branch remaining in my town (TSB) had closed due to covid-19.
In the end, had to pay it into my Santander a/c via the Post Office and it was cleared after 2 days.

typistretired

Received my Coventry BS annual statement today and Regular Saver which Matures in September is called Regular Saver only - no number 1

db3745

We have 5 year fixed rate cash ISAs maturing end May. Probably time to ditch most or all savings in ISAs with a widening gap in rates on offer compared with non - ISA accounts. In my decision-making I'm looking for 1st time at Notice accounts for some of the money. Taking the example of the top-quoted one - United Trust @ 1.45%, can someone verify that, being a variable rate account, if the rate reduces I would still have to give the 200 days notice? I'd be more likely to choose the 1.40% for 100 days, but neither if I'd be at the mercy of a rate reduction. Is the rule applicable to all such accounts?

db3745

My apologies. Reading further I see it's covered in the column, i.e. I should be allowed to take out cash without waiting the notice period. Still no guarantees, but helps to know.

typistretired

They give the notice period for the account before reducing the rates. I have an OakNorth notice account which first gave me a reduction notice for September and then another for 1st October. Arranged to close on 1st October as rate dropped to 0.88%

Gers

typistretired said:

Received my Coventry BS annual statement today and Regular Saver which Matures in September is called Regular Saver only - no number 1

My annual statement from Coventry BS has 'Regular Saver (2)' on it.

colsten

db3745 said:

 Probably time to ditch most or all savings in ISAs with a widening gap in rates on offer compared with non - ISA accounts. 

You shouldn't be driven solely by the interest gap between ISAs and non-ISA accounts. If your interest income remains below your personal savings allowance, not just now, but also in the years to come, then by all means, ditch the ISA. Also, if the personal savings allowance vanishes, you might regret taking your money out of its ISA wrapper.