Regular Savings Accounts Article Discussion

typistretired

Vortigern wrote: »

Nationwide Regular Saver is currently paying 2.5% if you pay in at least £500pm.

Yes quite right my mistake, but the good thing about this regular saver is that you take out whenever you want and also can miss a payment.

This is the current website details

Rates below are for the monthly increase in balance


£500 - £1,000

2.50

n/a

2.50 gross

2.00 nett


Effective from: 01 April 2009

innovate

You wouldn't really want put much much into that 2.5% AER account whilst you can get 5% and 3% AER in current accounts, for up to £52,500.

chamelion

innovate wrote: »

You wouldn't really want put much much into that 2.5% AER account whilst you can get 5% and 3% AER in current accounts, for up to £52,500.

which ones ar eyou thinking - lloyds vantage, santander 123, nationwide?

innovate

yes, and BoS Vantage

socrates

You can invest more than £52,500 - I have £60k in Santander 123 alone

Cannot be bothered with the others apart from FD RS

LittleVoice

typistretired wrote: »

Yes quite right my mistake, but the good thing about this regular saver is that you take out whenever you want and also can miss a payment.

This is the current website details

Rates below are for the monthly increase in balance


£500 - £1,000

2.50

n/a

2.50 gross

2.00 nett


Effective from: 01 April 2009

But if you do take out money and don't replace it together with an additional £500 in the same month, you don't get 2.5% that month.

In fact the summary suggests that if you miss a payment, you don't get any interest for that month.

socrates

innovate wrote: »

yes, and BoS Vantage

Just opened BOS Vantage - thanks for the heads up and I can use my Halifax Logins to operate it :T

Valentina_OB

Hi, why don't you mention the nandp savings account which pays 5% with a maximum deposit of £250. It is linked to their current account into which you have to pay minimum £500pm but you can then set up another savings account and split the 500 btw the two saving account and get 5% on £500 pa. or you can just transfer the other 250 back. just checking whether there is something else that they did not mention or I missed it somewhere on your site. Thank you, Valentina

saintalan

Valentina_OB wrote: »

Hi, why don't you mention the nandp savings account which pays 5% with a maximum deposit of £250. It is linked to their current account into which you have to pay minimum £500pm but you can then set up another savings account and split the 500 btw the two saving account and get 5% on £500 pa. or you can just transfer the other 250 back. just checking whether there is something else that they did not mention or I missed it somewhere on your site. Thank you, Valentina

Just a point but:
Existing Gold Classic!Current Account holders only.
which depends on what they mean by existing i.e. as of now or after opening?

Biggles

Valentina_OB wrote: »

Hi, why don't you mention the nandp savings account which pays 5% with a maximum deposit of £250.

This is just a discussion thread.

The main thread on Regular Savers, which is kept up to date, is https://forums.moneysavingexpert.com/discussion/608697

Page 1 lists all the current savers in the various categories.