We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are  or become  political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Regular Savings Accounts Article Discussion
Options
Comments

pafpcg said:coyrls said:It doesn't matter what the terms of the 1st edition are, if the terms of the 2nd say you can't have more than one edition, you can't open the 2nd if you already have the 1st. Coventry may not be taking any action but it's pretty clear that opening a 2nd edition when you already have the first is against the terms and conditions of the 2nd edition.
I've got issue 1, 2 and 3 of Coventry's RS. (Issue 3 also has the 'no more than one edition' in the T&Cs.) I'm pretty relaxed about it as a) all accounts are showing online with the correct associated rates b) it's surely their job to block applications for multiple issues c) I spoke to them about issue 1 maturing shortly and nothing was said about issue 2, 3.
2 
Just recieved this from Nationwide and wondered if worth adding for comparison to MSE's webpage:
Your chance to win...
Simply increase your balance by between £50 and no more than £100 in each of the three months leading up to a prize draw and you’ll automatically be entered to win £100. Terms and conditions apply*.
There are still four prize draws taking place, and the next one you can enter will be on 23 April 2021. To be in with a chance of winning, you need to increase your balance by at least £50 in January, February and March.
Start to Save at a glance:
 Open your account with just 1p
 1.00% AER/gross per year (variable)
 2 year fixed term account
 Access your money if you really need it (but you may need to pay all or some of it back in to qualify for the prize draw).
If you’d like to find out more about how the prize draw works, check out our handy Start to Save guide.
0 
Far to complicated its a no from me
 The prize for each winner will be £100. And the number of winners depends on how many £100 prizes can be made up from the prize fund.
 The prize fund is equal to 1% of the total increase in the balances of all accounts that qualify for the draw across the three Calendar Months leading up to the month of that prize draw.
 If your account qualiﬁes for a particular prize draw, your chance of winning is between 1/34 and 1/67.
Anyone care to work it out0 
couriervanman said:Far to complicated its a no from me
 The prize for each winner will be £100. And the number of winners depends on how many £100 prizes can be made up from the prize fund.
 The prize fund is equal to 1% of the total increase in the balances of all accounts that qualify for the draw across the three Calendar Months leading up to the month of that prize draw.
 If your account qualiﬁes for a particular prize draw, your chance of winning is between 1/34 and 1/67.
Anyone care to work it outI think it's a regular saving account with interest of 1% for monthly deposits up to £100, but with a little bonus of a prize draw every 3 months for £100, which you'll have a 1.53% chance of winning.I've opened one as already have a Nationwide current account with money sitting in it for bills, so easy to set up the standing order of £100 each month. 1% interest is better than nothing and the punt on winning a prize is just a bit of fun!1 
Plenty of RS accounts available out there paying over 1% , but if you don't mind gambling on a lower rate for a small chance to win £100 every few months.0

Tempted to open RBS Reg Saver 3% upto 50 pounds per month.
Maybe free up 25 pounds and give it a try during 2021.
Alternative to help2save/HL Isa.Replenished CRA Reports.2020 Nissan Leaf 128149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0 
The NW Start To Save account has had its own thread on the forum for about a year: https://forums.moneysavingexpert.com/discussion/6105019/nationwidestarttosaveaccount
Other Regular Savers here: https://forums.moneysavingexpert.com/discussion/6106986/regularsavingsaccountsthebestcurrentlyavailablelist/p1
1 
Decided simple Starr to rbs Reg Saver 3% gross.
10 pounds per week.Replenished CRA Reports.2020 Nissan Leaf 128149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb0
Categories
 All Categories
 345K Banking & Borrowing
 250.7K Reduce Debt & Boost Income
 450.6K Spending & Discounts
 237.2K Work, Benefits & Business
 611.3K Mortgages, Homes & Bills
 174K Life & Family
 250K Travel & Transport
 1.5M Hobbies & Leisure
 15.9K Discuss & Feedback
 15.1K Coronavirus Support Boards