Regular Savings Accounts Article Discussion
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Coventry announced a 0.25% increase for all their Variable rate savings a/cs from 1st Dec so the former Stroud & Swindon Regular Savings Account should go up to 3%. (It was paying 3.10% earlier this month but was decreased by 0.35%)0
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Virgin Regular Saver Issue 8 available now.
2.25% as with previous issue.
I have an Ulster Bank easy access account paying 1.25% and some other banks give slightly more. I calculate the extra interest I would get with VM issue 8 is £21.88 as follows:
1) £49.22 x 1.25/2.25 = £27.34
2) £49.22 - £27.34 = £21.88
Have I got the comparison correct?0 -
Have a look at the RS Calculator0
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Have a look at the RS Calculator0
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Sorry if I've missed something in the article or this thread, but I'm looking for a regular savings account which allows me to save approx £400 per month. I wish to keep this separate from other savings, and I already have current (Flex) accounts with Nationwide and their Loyalty Saver as well as some other savings and an ISA.
With the "best savings accounts" that I've seen listed, there always seems to be maximum of £250 or so per month, so they are not really what I'm looking for.
Can anyone help please? Thanks in anticipation0 -
lesleyp118 wrote: »Sorry if I've missed something in the article or this thread, but I'm looking for a regular savings account which allows me to save approx £400 per month.
2) Use two £250 saversEco Miser
Saving money for well over half a century0 -
the only RS that allows £400 pcm is the Club Lloyds Monthly Saver
but you need the Club Lloyds Current Account to get it
other option would be to open 2 RS with different Banks/BS or if you have a virgin branch near you could open one in branch and one online(not using the full allowance)
that would save having to open a new current account
Mortgage Free 02/02/20240 -
the only RS that allows £400 pcm is the Club Lloyds Monthly Saver
)
Nonsense.
I can think of Yorkshire BS, N&P and Notts BS off the bat that allow up to 500.
To the OP look here:
http://forums.moneysavingexpert.com/showthread.php?t=6086970 -
was well meant nonsense
how do the rates compare any of them 3% or better
Mortgage Free 02/02/20240
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