We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Regular Savings Accounts: The Best Currently Available List!
Options
Comments
-
Thanks for the heads-up. I have the interest payment set to add to the FHS itself. Can I assume that this amount can be in addition to the standard £1K max monthly deposit?chris_the_bee said:
This account lasts for 36 months. The interest is calculated daily and paid annually, on the anniversary of the date you opened the account.Hattie627 said:For those who opened the Coventry BS First Home Saver (the original one) on launch date (22 September 2021) (currently paying 5.60% variable) today is the annual interest payment date. Interest not showing yet, perhaps later today/overnight,
The account has one more year to run (it was for 3 years).0 -
Interest payments paid into the account don't count towards the £1k monthly deposit limit.flaneurs_lobster said:
Thanks for the heads-up. I have the interest payment set to add to the FHS itself. Can I assume that this amount can be in addition to the standard £1K max monthly deposit?chris_the_bee said:
This account lasts for 36 months. The interest is calculated daily and paid annually, on the anniversary of the date you opened the account.Hattie627 said:For those who opened the Coventry BS First Home Saver (the original one) on launch date (22 September 2021) (currently paying 5.60% variable) today is the annual interest payment date. Interest not showing yet, perhaps later today/overnight,
The account has one more year to run (it was for 3 years).1 -
Or Bank of Scotland 5.5%?subjecttocontract said:
No Halifax @ 5.5% ?Bridlington1 said:
If you think that's overboard, according to my calculations I'll be paying £7821 into regular savers next month. Mine's largely just me moving my own money about since I empty EA accounts into regular savers and once they're exhausted I empty regular savers into higher paying regular savers. It could be considered overboard but I don't care as I quite enjoy it really.Bigwheels1111 said:Am I going mad or is £1250.00 a month in Regular savers a bit over board.That is £15,000 a year.No wonder I have no cash.
EDIT: Here is my October provisional list. Everything at or below SRBS I do not plan to fully fund so shows the minimum funding:Bank/building society Name Interest rate Deposit Saffron BS Members Month Loyalty Saver 9.00% £50.00 Nationwide BS Flex Regular Saver Issue 2 8.00% £200.00 Monmouthshire BS Exclusive Regular Saver 8.00% £300.00 Skipton BS Members Branch Regular Saver 7.50% £250.00 Bath BS 16-25 regular saver 7.49% £50.00 YBS Loyalty 2023 Regular eSaver 7.00% £500.00 First Direct Regular Saver 7.00% £300.00 Monmouthshire BS Regular Saver Issue 2 7.00% £300.00 Tipton & Cosley BS Regular Saver to 31 October 2024 app 6.20% £250.00 Natwest Digital Regular Saver 6.17% £150.00 RBS Digital Regular Saver 6.17% £150.00 Mansfield BS Kick Start Regular Savings (7th issue) 6.10% £250.00 Penrith BS Regular Saver 300 (Heartland only) 6.00% £300.00 YBS Christmas 2023 Regular Savings Bond 5.75% £300.00 Tipton & Cosley BS Regular Saver to 31 July 2024 app 5.75% £500.00 Saffron BS Small Saver 5.75% £50.00 Monmouthshire BS Coronation Regular Saver 5.60% £300.00 Coventry BS First Home Saver 5.60% £1,000.00 Principality BS Regular Savings Bond Issue 33 5.50% £250.00 Nationwide BS Start to Save Issue 2 5.50% £50.00 Monmouthshire BS Christmas saver Bond Issue 5 5.50% £200.00 Coventry BS Regular Saver 5.50% £500.00 YBS Regular Saver 5.25% £250.00 Hinckley & Rugby BS Regular Saver 30 Day Notice 5.25% £500.00 Leeds BS Regular Saver Issue 36 5.25% £250.00 Leeds BS Home Deposit Saver 5.15% £500.00 Stafford Railway BS Regular Saver Issue 1 5.15% £25.00 HSBC Regular Saver 5.00% £25.00 Loughborough BS Limited Access Monthly Saver 4.75% £1 Bath BS Homestart Regular Saver 4.89% £50.00 Darlington BS Regular Saver 4.60% £0.00 Darlington BS Green Regular Saver 4.60% £0.00 Mansfield BS Regular eSaver 4.50% £10.00 Mansfield BS Regular Saver 4.50% £10.00 Buckinghamshire BS Regular Saver 4.10% £0.00 0 -
Also Lloyds banking group.chris_the_bee said:
Or Bank of Scotland 5.5%?subjecttocontract said:
No Halifax @ 5.5% ?Bridlington1 said:
If you think that's overboard, according to my calculations I'll be paying £7821 into regular savers next month. Mine's largely just me moving my own money about since I empty EA accounts into regular savers and once they're exhausted I empty regular savers into higher paying regular savers. It could be considered overboard but I don't care as I quite enjoy it really.Bigwheels1111 said:Am I going mad or is £1250.00 a month in Regular savers a bit over board.That is £15,000 a year.No wonder I have no cash.
EDIT: Here is my October provisional list. Everything at or below SRBS I do not plan to fully fund so shows the minimum funding:Bank/building society Name Interest rate Deposit Saffron BS Members Month Loyalty Saver 9.00% £50.00 Nationwide BS Flex Regular Saver Issue 2 8.00% £200.00 Monmouthshire BS Exclusive Regular Saver 8.00% £300.00 Skipton BS Members Branch Regular Saver 7.50% £250.00 Bath BS 16-25 regular saver 7.49% £50.00 YBS Loyalty 2023 Regular eSaver 7.00% £500.00 First Direct Regular Saver 7.00% £300.00 Monmouthshire BS Regular Saver Issue 2 7.00% £300.00 Tipton & Cosley BS Regular Saver to 31 October 2024 app 6.20% £250.00 Natwest Digital Regular Saver 6.17% £150.00 RBS Digital Regular Saver 6.17% £150.00 Mansfield BS Kick Start Regular Savings (7th issue) 6.10% £250.00 Penrith BS Regular Saver 300 (Heartland only) 6.00% £300.00 YBS Christmas 2023 Regular Savings Bond 5.75% £300.00 Tipton & Cosley BS Regular Saver to 31 July 2024 app 5.75% £500.00 Saffron BS Small Saver 5.75% £50.00 Monmouthshire BS Coronation Regular Saver 5.60% £300.00 Coventry BS First Home Saver 5.60% £1,000.00 Principality BS Regular Savings Bond Issue 33 5.50% £250.00 Nationwide BS Start to Save Issue 2 5.50% £50.00 Monmouthshire BS Christmas saver Bond Issue 5 5.50% £200.00 Coventry BS Regular Saver 5.50% £500.00 YBS Regular Saver 5.25% £250.00 Hinckley & Rugby BS Regular Saver 30 Day Notice 5.25% £500.00 Leeds BS Regular Saver Issue 36 5.25% £250.00 Leeds BS Home Deposit Saver 5.15% £500.00 Stafford Railway BS Regular Saver Issue 1 5.15% £25.00 HSBC Regular Saver 5.00% £25.00 Loughborough BS Limited Access Monthly Saver 4.75% £1 Bath BS Homestart Regular Saver 4.89% £50.00 Darlington BS Regular Saver 4.60% £0.00 Darlington BS Green Regular Saver 4.60% £0.00 Mansfield BS Regular eSaver 4.50% £10.00 Mansfield BS Regular Saver 4.50% £10.00 Buckinghamshire BS Regular Saver 4.10% £0.00 2 -
Yes, interest added to the FHS is in addition to the regular £1K monthly deposit.flaneurs_lobster said:
Thanks for the heads-up. I have the interest payment set to add to the FHS itself. Can I assume that this amount can be in addition to the standard £1K max monthly deposit?chris_the_bee said:
This account lasts for 36 months. The interest is calculated daily and paid annually, on the anniversary of the date you opened the account.Hattie627 said:For those who opened the Coventry BS First Home Saver (the original one) on launch date (22 September 2021) (currently paying 5.60% variable) today is the annual interest payment date. Interest not showing yet, perhaps later today/overnight,
The account has one more year to run (it was for 3 years).1 -
I got the same error 3 times trying to apply for the Nationwide Regular Saver, but a couple of hours later it appeared on my app.3
-
Usually updates overnight in my experience. There's something on Nationwide's end that means new accounts aren't immediately recognised by other banks.flaneurs_lobster said:
From the email received after opening the account this morningFrogletina said:
I then tried to make a payment into it from my Santander account but it said the account number was not recognised.Just so you know, if you’re paying in using another building society or bank, it may take up to 24 hours before they can find your new account details to make the payment.
0 -
Yes thanks I know. I have been a NW current account holder for 20+ years.OneUser1 said:
I’m probably telling you something you already know but you need a Nationwide Current Account to open it. Not just an existing Nationwide Savings Account.SonOfPearl said:I'm an existing NW member and have tried to open the new regular saver four times without success this morning. They are clearly having some problems, perhaps due to the number of applicants, or maybe some other IT issue. I think I'll wait until later today to see if the account appears on my internet banking and if not I'll try again.0 -
Re New Nationwide RS ..... question for those who applied/viewed online .... roughly how long did it take from seeing the "Can't process application ...." message, to seeing the account appear online? TIA
p.s. ... and did you ever receive an email regarding the application?1 -
I've had times when I have been paying 3k a month into R.SBigwheels1111 said:Am I going mad or is £1250.00 a month in Regular savers a bit over board.That is £15,000 a year.No wonder I have no cash.First Direct 7% £300 First of the month.
Skipton 7.5% £250 First of the month.
YBS 7% £500 First of the month.
Nationwide 8% £200 First of the month.
I choose the rooms that I live in with care,
The windows are small and the walls almost bare,
There's only one bed and there's only one prayer;
I listen all night for your step on the stair.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards