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Monmouthshire BS regular saver rate increased to 6.00%

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According to Moneyfacts, Monmouthshire BS will increase their Saver Plus regular savings account rate by a massive 0.45%, from 5.55% to 6.00% (w.e.f. 1 December 2006).

- You must deposit between £20 up to £1,000 per month.

- Like regular savings accounts from Scarborough, YBS and Bath BS, this account continues for longer than the usual 12 months, as the maximum account balance is £500,000.

- One penalty-free withdrawal is permitted each account year (ending 31st March).

- 12 monthly deposits must be made to earn the bonus rate of interest.

- All monthly deposits must be by direct debit only.

Monmouthshire 6.00% rate as displayed on Moneyfacts, here

Monmouthshire BS Saver Plus account (Please note that Monmouthshire haven't updated their website to show the new rate yet).

Please note: In case you missed the thread, Scarborough BS have increased their MySavings regular savings account from 6.00% to 6.25% (w.e.f. 1 December 2006). Here is the link.
Please call me 'Kazza'.

Comments

  • mary
    mary Posts: 1,585 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    My goodness Kazaa, you really are on the ball in the last couple of days spotting all the increases in the regular savers. Thanks for being sharp eyed.
  • Cheers for that mate, I suppose I should have thanked you twice 'cos I'm running Monmouth and Scarborough.
  • Just a slight warning here, if the account attracts you.

    Monmouthshire is much smaller than Stroud & Swindon BS that withdrew its Regular Saver not that long after offering £1K per month.

    So I just wonder how long this one may be around - even though Monmouthshire's 6% obviously doesn't compare to S&S's 7% Fixed.

    I'm going to get my skates on.
  • their new rate of 6% is on their website,it is a good rate because you can put in up to 1k a month.
  • Kazza242
    Kazza242 Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Monmouthshire BS provide online access to their Saver Plus (regular saver). On opening the account, browse to http://www.monbs.com and then click on 'My Accounts'. Register for access to their online service, where you can view your account online, including recent transactions.
    Please call me 'Kazza'.
  • Ideal Its Even Better When You Can See Your Balance Online.cheers Kazza
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