Regular Savings Accounts: The Best Currently Available List!

flaneurs_lobster

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

soulsaver

Santander

flaneurs_lobster said:

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

wmb194

flaneurs_lobster said:

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

Lloyds (and I'd presume BoS and Halifax).

dlevene

flaneurs_lobster said:

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

First Direct do (and so possibly HSBC)

Gers

soulsaver said:

Bridlington1 said:

Leeds Regular Saver Issue 43 has now been replaced by Issue 44 at the same rate (5.25%), maturing on 1/9/25.

"You are only allowed one account per customer including joint accounts. You may only hold one Leeds Building Society Regular Saver product at a time. If a second Regular Saver account is opened all the money in the second account will be transferred to the current instant access account available to new customers."
 

I've held a number of Leeds RS at the same time - I think at one point issue 38, 39 and 40 until I closed them in July.

flaneurs_lobster

soulsaver said:

Santander

wmb194 said:
Lloyds (and I'd presume BoS and Halifax).

dlevene said:

First Direct do (and so possibly HSBC)

Thanks all, I've got most of those. I'll get on it, saved me a bunch of trial'n'error.

Wheres_My_Cashback

flaneurs_lobster said:

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

Chase do If I'm understanding what you're saying. I have multiple payments out of chase to the same a/c number with a diff ref which keep the ref.

Nick_C

flaneurs_lobster said:

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

Chase populate the reference if its a standing order.  Set it up as a SO and if necessary amend the SO when the 1st of the next month is not a banking day.

Bridlington1

flaneurs_lobster said:

A sideline enquiry involving MonBS but probably relevant elsewhere.

I now have 3 MonBS regular savers. To fund them by Faster Payment each month I would ideally like to set up 3 payees with my normal feeder current account that differ only in the Reference (the BS account number).

RBS don't allow Payee/Account No/Sort Code dups. 
Chase don't hold the reference between payments but do allow dups.

I don't want to be entering/amending the reference each month 3 times, too much potential for typos and subsequent grief.

Anyone suggest a solution or another bank that allows this duplication (I have a few others).

I fund each of my Monmouthshire BS regular savers from a different account to save having to check the account number reference each time. This morning I funded the Exclusive Regular Saver from a Santander student account, Regular Saver from Santander Edge, Coronation from First Direct and Xmas from Ulster.

I have a list of each of the payees on all of my accounts saved on a spreadsheet so I know which is which without having to find any passbooks. I do the same with Principality, Darlington and Mansfield too.

jim1999

I'm seriously thinking about stopping funding / cashing out the Coventry FHS Issue 1 - it feels crazy given that it's paying 5.6% but given that I'll be taxed 40% on the interest, I'd probably do better with the money in Premium Bonds, and it's now my worst paying account.

I suppose it's possible that it could increase dramatically, but so far they've all been very small increases.  I can't blame Coventry, as it's still quite a generous account compared to the rest of the market.

Anyone else stopped / debating stopping accounts >5.5%?