Regular Savings Accounts: The Best Currently Available List!

ForumUser7

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

dcs34

ForumUser7 said:

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

No because they are very strict in that you can only have one regular saver (of whatever issue) at a time, and can't close early.

So anyone who already holds one won't be able to apply or open this new one.

Gers

ForumUser7 said:

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

Yes. And received the welcome email and one saying that my funds have been added. 

mac20

dcs34 said:

ForumUser7 said:

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

No because they are very strict in that you can only have one regular saver (of whatever issue) at a time, and can't close early.

So anyone who already holds one won't be able to apply or open this new one.

I just did and put in £10. It's specifically labeled as 'UK Savings Week RS', so it's likely a completely separate thing.

t1redmonkey

ForumUser7 said:

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

Yep I've got both, both showing separately in the app.

chris_the_bee

ForumUser7 said:

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

Yes, I have Home Starter regular Saver 2 and successfully opened the new Regular Saver. This is despite them saying only one regular saver can be held. If you select fixed rate accounts when logged in, then select the 6% RS, it will say if you are eligible to open it.

chris_the_bee

mac20 said:

dcs34 said:

ForumUser7 said:

Has anyone who already holds a regular saver with beehive successfully applied for the new regular saver please? Thanks

No because they are very strict in that you can only have one regular saver (of whatever issue) at a time, and can't close early.

So anyone who already holds one won't be able to apply or open this new one.

I just did and put in £10. It's specifically labeled as 'UK Savings Week RS', so it's likely a completely separate thing.

I have Home Starter regular Saver 2 and successfully opened the new Regular Saver. This is despite them saying only one regular saver can be held. If you select fixed rate accounts when logged in, then select the 6% RS, it will say if you are eligible to open it.

BlackthornU

Am I missing something? 
Why would you want a Beehive 6% fixed rate regular saver with no access for a year when you can get 6.2% fixed no access from NS&I?

chris_the_bee

BlackthornU said:

Am I missing something? 
Why would you want a Beehive 6% fixed rate regular saver with no access for a year when you can get 6.2% fixed no access from NS&I?

Exceedingly good point.

subjecttocontract

chris_the_bee said:

BlackthornU said:

Am I missing something? 
Why would you want a Beehive 6% fixed rate regular saver with no access for a year when you can get 6.2% fixed no access from NS&I?

Exceedingly good point.

I guess it's for the same reasons that people hold easy access money in accounts that pay way less than the 5.2% paid by Santander (now nla) or 5% paid by others or even a flexible ISA paying 5.75% or more !