MSE News: Skipton launches 7.5% regular saver for existing customers – here's who can get it and how

Bridlington1

Exodi said:

RG2015 said:

It was possibly never table topping as Saffron BS launched a 9% loyalty regular saver at the same time. It is though limited to £50 per month.

https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts

Makes you wonder why a bank/BS doesn't just claim the throne by launching a >100%< loyalty regular saver

Maximum contributions capped at £1 per month. If you close the account before the end of the 12 month period, no interest will be payable. You won't be able to make partial withdrawals.

That would be nice. Though my local credit union has already blown that out the water in a sense since they will give me a £25 bonus if I make 3 or more deposits into it over the course of the next year (no minimum amount) so I've made an initial deposit of £1 and 2 further deposits of 1p. I am thus getting £25 for depositing £1.02 in the account for a year, which means I've now got an account that effectively pays nearly 2500% with one of the credit unions. 

Nurse2047

Thankyou for the heads up just opened one 👌

adindas

Exodi said:

RG2015 said:

It was possibly never table topping as Saffron BS launched a 9% loyalty regular saver at the same time. It is though limited to £50 per month.

https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts

Makes you wonder why a bank/BS doesn't just claim the throne by launching a >100%< loyalty regular saver

Maximum contributions capped at £1 per month. If you close the account before the end of the 12 month period, no interest will be payable. You won't be able to make partial withdrawals.

Well, it is theoretically doable. Nothing to prevent them to launch a RSA paying 100% interest but you could only pay 1p a month for instance. Interested (?)  not me for sure

housebuyer143

Amazing! Just opened. Can you set up a standing order from one savings account to another?

BarGin

housebuyer143 said:

Amazing! Just opened. Can you set up a standing order from one savings account to another?

Chase or Kroo?

artyboy

Exodi said:

RG2015 said:

It was possibly never table topping as Saffron BS launched a 9% loyalty regular saver at the same time. It is though limited to £50 per month.

https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts

Makes you wonder why a bank/BS doesn't just claim the throne by launching a >100%< loyalty regular saver

Maximum contributions capped at £1 per month. If you close the account before the end of the 12 month period, no interest will be payable. You won't be able to make partial withdrawals.

With a £1 max monthly contribution?

aaj123

artyboy said:

Exodi said:

RG2015 said:

It was possibly never table topping as Saffron BS launched a 9% loyalty regular saver at the same time. It is though limited to £50 per month.

https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts

Makes you wonder why a bank/BS doesn't just claim the throne by launching a >100%< loyalty regular saver

Maximum contributions capped at £1 per month. If you close the account before the end of the 12 month period, no interest will be payable. You won't be able to make partial withdrawals.

With a £1 max monthly contribution?

Really RS best buy tables should only list accounts with at least 200 quid a month being allowed. Yes, that should keep Natwest / RBS too out.

Stargunner

aaj123 said:

artyboy said:

Exodi said:

RG2015 said:

It was possibly never table topping as Saffron BS launched a 9% loyalty regular saver at the same time. It is though limited to £50 per month.

https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts

Makes you wonder why a bank/BS doesn't just claim the throne by launching a >100%< loyalty regular saver

Maximum contributions capped at £1 per month. If you close the account before the end of the 12 month period, no interest will be payable. You won't be able to make partial withdrawals.

With a £1 max monthly contribution?

Really RS best buy tables should only list accounts with at least 200 quid a month being allowed. Yes, that should keep Natwest / RBS too out.

You can pay a lot more than £200 a month into NatWest/RBS RS by using round ups 

aaj123

Stargunner said:

aaj123 said:

artyboy said:

Exodi said:

RG2015 said:

It was possibly never table topping as Saffron BS launched a 9% loyalty regular saver at the same time. It is though limited to £50 per month.

https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts

Makes you wonder why a bank/BS doesn't just claim the throne by launching a >100%< loyalty regular saver

Maximum contributions capped at £1 per month. If you close the account before the end of the 12 month period, no interest will be payable. You won't be able to make partial withdrawals.

With a £1 max monthly contribution?

Really RS best buy tables should only list accounts with at least 200 quid a month being allowed. Yes, that should keep Natwest / RBS too out.

You can pay a lot more than £200 a month into NatWest/RBS RS by using round ups 

Right but that's a sort of hack. You get my point though. RS league tables are only sensible if a minimal qualifying monthly amount is applicable.

Chaykin

My account still says: "Current interest rate (gross)% ^ : A rate has not yet been applied"

Opened yesterday morning and paid in £250 by debit card.

Is this normal?