Regular Savings Accounts: The Best Currently Available List!

janusdesign

First Direct have posted the changes to their savings rates - the Regular Saver is not included in the changes, so remains at 7.0%

Section62

pookey said:

Does anyone know if I can use YBS Internet Saver Plus Issue 13 as a base account to drip feed into monthly savers please? 

Yes, they allow internal transfers into RS accounts.

pookey

Section62 said:

pookey said:

Does anyone know if I can use YBS Internet Saver Plus Issue 13 as a base account to drip feed into monthly savers please? 

Yes, they allow internal transfers into RS accounts.

Is it internal only pls as I would need to set one up with first direct pls? 

ForumUser7

pookey said:

Section62 said:

pookey said:

Does anyone know if I can use YBS Internet Saver Plus Issue 13 as a base account to drip feed into monthly savers please? 

Yes, they allow internal transfers into RS accounts.

Is it internal only pls as I would need to set one up with first direct pls? 

First Direct take the monthly sum from their current account - so you would need to fund their current account. To be safe, the day before the funds were to come into the RS.

In response to your question - no, not internal only, you can add external payees to the YBS Internet Saver Plus

soulsaver

Principality need to extract a digit:  Their First Home Reg Savers were brill... but their top tier 4.25% is below best easy access acs now..! 

tr7phil

jaypers said:

tr7phil said:

Just opened the Beehive Regular Saver, when I went to set up a payee for the account the account couldn't be checked.  Does anyone know if this means it actually can't be checked or just that I was trying too soon and the relevant database hadn't been updated?

Also in view of the above I only transferred £1 and it was only after I'd done that I received the welcome email that said minimum is £10.  Whoops!

Opened mine around the same time. They don’t use COP (Confirmation of Payee) which just means that it can’t be verified. I did a £10 test payment which went in after just over an hour. Just paid the other £240 for this month and waiting for it to be credited too.

I got an email saying they'll send my £1 back within 2 days.  I sent a new payment for £10 and that went through after about half an hour or so.  I then sent a £240 payment and that has not yet appeared.

Descrabled

I am finding it very difficult to follow this thread because people who post don't say which account they are discussing. Current topics are about Newcastle, Behive, and YBS and mention is made of sending £1 but the poster don't say to which account they are referencing.

Provide a heading, pleaae, with the account names so that we can all understand the scenario.

PowerSavingMode

jaypers said:

Is anyone here using Beehive’s 6% RS? Mentioned in MSE recommendations but not seen it discussed here, 

Yes, opened the other day.

mooneysaver

Descrabled said:

I am finding it very difficult to follow this thread because people who post don't say which account they are discussing. Current topics are about Newcastle, Behive, and YBS and mention is made of sending £1 but the poster don't say to which account they are referencing.

Provide a heading, pleaae, with the account names so that we can all understand the scenario.

Rates are going up 1st July, see the link a few pages back

pecunianonolet

Looking for some guidance, can't see the woods because of too many trees...

31st May pay in 1000 to Coventry First Home Saver at 5.1%
1st June pay in 1000 to Coventry First Home Saver at 5.1%
= 30th June total balance of 2000

1st June pay in 400 to Club Looyds with now total balance of 520 in Lloyds Reg Saver at 6.25%

Now on 7th July the Cov FHS rate goes up to 5.45%

If I am not mistaken, I make more interest if from 1st July split the available 1000 and I pay only 600 into Cov FHS and 400 in Club Lloyds Reg Saver instead of putting the full 1000 only in Coventry?

Essentially, achieving a higher return because of an overall higher blended rate. Can anyone confirm if my thinking is right and the blended rate would be 5.85%

Cheers!