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    • Neil Jones
    • By Neil Jones 4th Dec 17, 7:36 PM
    • 1,472 Posts
    • 891 Thanks
    Neil Jones
    The MSE Regular Saver calculator suggests a payment of £17.23 would be due after six months, and £23 after seven.

    Note that the T&Cs for the Regular Saver says you only have to be a 123/World or Select customer at the point of application, though by the same admission the terms also say you should only feed it from your Santander current account.
    • member03030
    • By member03030 4th Dec 17, 8:32 PM
    • 177 Posts
    • 77 Thanks
    member03030
    Thanks all, no real reason to keep my money in santander anymore....

    Regards
    • where are we
    • By where are we 31st Dec 17, 3:33 PM
    • 230 Posts
    • 67 Thanks
    where are we
    What are the "forumites" thoughts on First Trust Bank`s Regular Saver Account ? I like the £500 monthly maximum, instant withdrawals, online management and it is covered by the FCSS even though owned by AIB. The 2.5% interest rate is variable and I have used up all my better rate options. However all branches are in Northern Ireland. I am emptying my BOS accounts prior to Tesco DD`s ending next April.
    • ceredigion
    • By ceredigion 31st Dec 17, 3:49 PM
    • 2,887 Posts
    • 3,931 Thanks
    ceredigion
    What are the "forumites" thoughts on First Trust Bank`s Regular Saver Account ? I like the £500 monthly maximum, instant withdrawals, online management and it is covered by the FCSS even though owned by AIB. The 2.5% interest rate is variable and I have used up all my better rate options. However all branches are in Northern Ireland. I am emptying my BOS accounts prior to Tesco DD`s ending next April.
    Originally posted by where are we

    Was under the impression that it needs a branch visit to open?, which put me off


    Edit, To clarify the RS can be opened on line but you have to hold a First Trust bank select current account, which needs opening in branch.
    Last edited by ceredigion; 31-12-2017 at 3:56 PM.
    • missymouse
    • By missymouse 6th Jan 18, 1:05 PM
    • 353 Posts
    • 322 Thanks
    missymouse
    My Nationwide monthly saver has just matured so apparently have to open another one and it reduces to a low amount

    Are there any accounts with good interest rates which are ongoing. It would be great to put the savings somewhere else and continue to get 5% rather than starting from scratch every time.
    • ceredigion
    • By ceredigion 6th Jan 18, 1:10 PM
    • 2,887 Posts
    • 3,931 Thanks
    ceredigion
    My Nationwide monthly saver has just matured so apparently have to open another one and it reduces to a low amount

    Are there any accounts with good interest rates which are ongoing. It would be great to put the savings somewhere else and continue to get 5% rather than starting from scratch every time.
    Originally posted by missymouse


    http://forums.moneysavingexpert.com/showthread.php?t=608697
    post #2
    • solartom
    • By solartom 15th Jan 18, 5:04 AM
    • 14 Posts
    • 6 Thanks
    solartom
    not able/allowed to copy link i am referring to but it is the one in above post by ceredigion
    link not working all links to this thread seem to have vanished even special saver is looking for his own thread to update it anyone know what is going on????
    • Eco Miser
    • By Eco Miser 15th Jan 18, 6:27 AM
    • 3,444 Posts
    • 3,235 Thanks
    Eco Miser
    The links haven't vanished, the thread has, but you can see it at http://cc.bingj.com/cache.aspx?q=Regular+Savings+Accounts%3a+The+Best+ %20%20Currently+Available+List!&d=4854435746350044 &mkt=e%20%20n-GB&setlang=en-GB&w=56r7q2PhtByfiqkvgRVDL2OtemTfrxK-

    I think the other thread you refered to ( http://forums.moneysavingexpert.com/showthread.php?t=5775223 ) contains all the information any users know about the disappearance of this and other threads.
    Eco Miser
    Saving money for well over half a century
    • bagofbones
    • By bagofbones 17th Jan 18, 12:49 PM
    • 11 Posts
    • 1 Thanks
    bagofbones
    Calculating Interest on a Regular Saver
    I have just noticed that the calculator I set up in my own spreadsheet is incorrect.
    Essentially it worked out the interest on the month 1 balance then added the interest to the month2 balance then recalculated the new interest and added it to the month3 balance. Etc. I can see that this is giving an underestimate of the actual interest but I can't see what is wrong.
    Unless it is to do with daily interest calculation??
    I have nicked a formula off the web which is much closer to correct (a few pence) but I cannot see what is wrong with my original approach! Sad old brain is creaking. Help.
    • KTF
    • By KTF 17th Jan 18, 12:53 PM
    • 4,678 Posts
    • 1,913 Thanks
    KTF
    The formula I use to work out the max possible interest is:

    =SUM(12*E10)*C10/12*6.5

    In this case E10 is the max amount per month and C10 is the interest rate in %.

    Replace the cell references with your own values and see if it is any closer.
    • Hattie625
    • By Hattie625 17th Jan 18, 12:55 PM
    • 778 Posts
    • 658 Thanks
    Hattie625
    No sign yet of Issue 9 of the Virgin Money Regular E Saver. Has anyone any inside knowledge of a launch date?

    Maybe Issue 8 was the last one.
    • bubieyehyeh
    • By bubieyehyeh 17th Jan 18, 10:20 PM
    • 401 Posts
    • 117 Thanks
    bubieyehyeh
    No sign yet of Issue 9 of the Virgin Money Regular E Saver. Has anyone any inside knowledge of a launch date?

    Maybe Issue 8 was the last one.
    Originally posted by Hattie625
    Some other thread says issue 9 out tomorrow at same rate as 8.
    • Frogletina
    • By Frogletina 17th Jan 18, 10:46 PM
    • 3,071 Posts
    • 11,124 Thanks
    Frogletina
    Some other thread says issue 9 out tomorrow at same rate as 8.
    Originally posted by bubieyehyeh
    Thank you

    I have just found the other thread which replaces the original Regular Saver one which disappeared the other day

    http://forums.moneysavingexpert.com/showthread.php?t=5776240&highlight=virgin

    frogletina
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first

    SPC 8 #441 £1567.31 SPC 9 #441 £1014.64 SPC 10 #441 £1164.13
    • Westie983
    • By Westie983 17th Jan 18, 11:49 PM
    • 4,555 Posts
    • 15,078 Thanks
    Westie983
    Thank you

    I have just found the other thread which replaces the original Regular Saver one which disappeared the other day

    http://forums.moneysavingexpert.com/showthread.php?t=5776240&highlight=virgin

    frogletina
    Originally posted by Frogletina
    Thanks for this, I should have thought to put it here.

    Westie983
    Save 12k in 2018 #10 Total (£25000)+£14800/£12000 = 123.33%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £40/£500 = 8.00% ( x 11)
    Xmas 2018 £1 a Day #2 Total £62.59/£365 = 17.14%
    Virtual Sealed Pot #1 Total £1200/£1000 = 120.00%
    £2 Savers Club 2018 #16 Total (£1500)+-470/£2000 = 51.50%

    Total £18132.59/£15865 = 114.29%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • Westie983
    • By Westie983 18th Jan 18, 2:39 PM
    • 4,555 Posts
    • 15,078 Thanks
    Westie983
    Issue 9 is up

    https://uk.virginmoney.com/savings/find/productpage?id=regular_e_saver_issue_9&DisableNav= False&FromETS2=False

    Westie983
    Save 12k in 2018 #10 Total (£25000)+£14800/£12000 = 123.33%
    Sealed Pot Challenge ~ 11 #97 Total (£410) + £40/£500 = 8.00% ( x 11)
    Xmas 2018 £1 a Day #2 Total £62.59/£365 = 17.14%
    Virtual Sealed Pot #1 Total £1200/£1000 = 120.00%
    £2 Savers Club 2018 #16 Total (£1500)+-470/£2000 = 51.50%

    Total £18132.59/£15865 = 114.29%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • AirlieBird
    • By AirlieBird 10th Apr 18, 4:21 PM
    • 1,039 Posts
    • 849 Thanks
    AirlieBird
    I'm quite disappointed Virgin are remaining at 1% for the Reward saver for maturing regular savers this month. This is less than their (branch) easy saver and their easy access ISAs. Some reward.

    I guess they don't want our money to stay with them.
    • dekkard
    • By dekkard 10th Apr 18, 4:37 PM
    • 129 Posts
    • 46 Thanks
    dekkard
    I'm quite disappointed Virgin are remaining at 1% for the Reward saver for maturing regular savers this month. This is less than their (branch) easy saver and their easy access ISAs. Some reward.

    I guess they don't want our money to stay with them.
    Originally posted by AirlieBird
    Open a new Regular Saver with them ?
    • campervanchick
    • By campervanchick 26th Jul 18, 12:32 PM
    • 7 Posts
    • 0 Thanks
    campervanchick
    Santander Monthly Saver and eSaver
    Hi, I have a Santander 5% monthly saver account which is maturing. This account seems to be replaced by the eSaver account and I canít find the t&cís for the original account. The eSaver says that the account will mature into a current account but will also continue on the same terms.
    Will my Monthly Saver continue on the same terms or do I need to close it and open an eSaver account?
    If the Monthly Saver continues can I open an eSaver too?

    I have tried to find the answers but failed!
    Campervanchick


    Money found on pavement so far in 2006 = 54p
    • KTF
    • By KTF 26th Jul 18, 12:41 PM
    • 4,678 Posts
    • 1,913 Thanks
    KTF
    The monthly saver will convert to an esaver at a lower rate.


    Then you will need to open a new monthly saver.
    • dekkard
    • By dekkard 16th Aug 18, 9:32 PM
    • 129 Posts
    • 46 Thanks
    dekkard
    Virgin seem to have only an in-branch Regular Saver and not one you can apply for online. The in-branch one offers 3%; hopefully they offer an online one again soon.
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