The Top Regular Savers Discussion Thread

subjecttocontract

I fear yours is a forlorn hope.
Expend your effort (& money) on what's already on offer.

PowerSavingMode

PowerSavingMode said:

ForumUser7 said:

YBS

Anyone's £50 RS restrictions cleared please yet? 

YBS £50 RS

Nope. Opened Saturday, passed the 'Mitek' verification straightaway and still waiting... I've been with YBS for a number of years and have quite a few savings accounts already, FWIW.

YBS £50 RS

And still stuck at the starting gates for this one. I did send YBS a message about not being able to deposit due to 'restrictions', to which YBS responded: 

"I have had a look into your account and it shows the account is going through some further checks.Under regulations for the prevention and detection of financial crime, we have a responsibility to verify the identity of each applicant before opening a new account, even existing customers." (!)

Bridlington1

Beverley BS Regular Saver Issue 1 has been launched at 5.5% (variable)

Rate includes a bonus of 4.5% pf you deposit between £10 and £150/mth and make no withdrawals in the calendar year. Account must remain open on 31st December in order to receive the bonus.

£150/mth max

Unlimited withdrawals however withdrawals result in the bonus being lost for that year.

Online only

No maturity date specified.

Interest paid 31st December each year.

HHUK

Bridlington1 said:

Beverley BS Regular Saver Issue 1 5.5% (variable)

Thought for a moment that said 15.5% !   

dealyboy

HHUK said:

Bridlington1 said:

Beverley BS Regular Saver Issue 1 5.5% (variable)

Thought for a moment that said 15.5% !   

... we're clutching at typos 

Bridlington1

Chorley BS Home Saver has been launched at 4.25% (var)

Account lasts 5 years
2 withdrawals/yr
£500/mth max
No stated penalty for missing payments
Available to all over 18
£30k max balance over the account term

If you choose to take out a Chorley Building Society residential mortgage or remortgage, you may be eligible for a £500 cashback on successful completion of the mortgage. 

Bridlington1

dealyboy said:

HHUK said:

Bridlington1 said:

Beverley BS Regular Saver Issue 1 5.5% (variable)

Thought for a moment that said 15.5% !   

... we're clutching at typos 

Sadly the space is correct, I'll amend my post for clarity though.

qbadger

Bridlington1 said:

Beverley BS Regular Saver Issue 1 5.5% (variable)

Rate includes a bonus of 4.5% pf you deposit between £10 and £150/mth and make no withdrawals in the calendar year. Account must remain open on 31st December in order to receive the bonus.

£150/mth max

Unlimited withdrawals however withdrawals result in the bonus being lost for that year.

Online only

No maturity date specified.

Interest paid 31st December each year.

For the interest payment on 31st December:
- if we elect to have it paid away to the nominated bank account, would that count as a withdrawal?
- if we elect to have it credited into the same account, would that count towards the monthly £150 deposit limit?

s71hj

Bridlington1 said:

Beverley BS Regular Saver Issue 1 has been launched at 5.5% (variable)

Rate includes a bonus of 4.5% pf you deposit between £10 and £150/mth and make no withdrawals in the calendar year. Account must remain open on 31st December in order to receive the bonus.

£150/mth max

Unlimited withdrawals however withdrawals result in the bonus being lost for that year.

Online only

No maturity date specified.

Interest paid 31st December each year.

The regular saver market is determined to ensure that I end up feeling like the work I did to painstakingly fill my Natwest and RBS Regular savers via £1.01 debit card payments to myself for 5.5% was a waste of time. 

s71hj

Bridlington1 said:

Chorley BS Home Saver has been launched at 4.25% (var)

Account lasts 5 years
2 withdrawals/yr
£500/mth max
No stated penalty for missing payments
Available to all over 18
£30k max balance over the account term

If you choose to take out a Chorley Building Society residential mortgage or remortgage, you may be eligible for a £500 cashback on successful completion of the mortgage. 

Savings week is roaring to life like my lawnmower when been in the shed all winter