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Regular Savings Accounts: The Best Currently Available List!

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  • Speculator
    Speculator Posts: 2,339 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 27 November 2017 at 1:17PM
    just had letter confirmation from Coventry.
    Their former Stroud & Swindon regular saver will be increasing from 2.75% to 3.00% from 1/12.
  • rob37uk
    rob37uk Posts: 22 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    On page 1, the interest rate on the Progressive Clockwork Reg Saver issue 2 is inceasing on 1st December to a very mean 1.60%, up from 1.50%
  • EachPenny
    EachPenny Posts: 12,239 Forumite
    10,000 Posts Combo Breaker
    The details for the current version of the Yorkshire Building Society Regular Saver on their website say "Minimum investment of £10 and maximum investment of £6000 in each account year".

    The end of my account year is the middle of December and the balance is already £6000. I'll be able to add another £500 in December, but if I do that before the anniversary date I would exceed the £6000 annual limit.

    Has anyone tried paying in more than £6000 within an account year? (or more than £12,000 over the two years?) If so, was the payment returned? The T&C's deal with attempting to pay in more than £500 per month, but appear vague about how the annual limit is enforced (if at all).
    "In the future, everyone will be rich for 15 minutes"
  • Two envelopes in post today from the Bucks.

    I have two accounts there - the old 1.75% regular saver and the more recent 'Locals and Members only' 2% regular saver.

    One envelope contains two letters - dealing with the old monthly saver - says rates rise today from 1.75% to 2.00% :) and also encloses notice of changes to general T&C.

    The other envelope contains only the notice of changes to T&C.

    So by inference (and website confirms), they are not raising the rates on the Locals & Members regular saver :mad:

    Just like the Chorley, I guess who did the same thing with their festive saver and then promptly withdrew it from sale when people started to comment.

    So much for "a rewarding regular saver" (Bucks website), and "dedicated to our customers" (Bucks website) and "serving our members" (Bucks annual report). But whats new !

    Maybe I am totally wrong and that they will raise the Locals and Members rate for current holders by a massive amount later this month.......oooh - was that a pig flying past the window ?

    Ted
  • Sea_Shell
    Sea_Shell Posts: 10,007 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    To anyone looking to open a new 2.5% Halifax Reg Saver....be careful....the front page states the new rate, but when you then proceed to the Summary page, it's still showing as 2%. I've raised this as a query with them, and they hope to have it updated within a day or 2. Without ringing up, they couldn't guarantee that an application made today would get 2.5%.

    If anyone successful applies at 2.5% please let us know.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Just a reminder that Virgin Money Regular E Saver Issue 2 matures on 20 December. Remember to cancel your standing order into this account after the December payment has been made (for most people, this will have been paid today).
  • Sea_Shell wrote: »
    To anyone looking to open a new 2.5% Halifax Reg Saver....be careful....the front page states the new rate, but when you then proceed to the Summary page, it's still showing as 2%. I've raised this as a query with them, and they hope to have it updated within a day or 2. Without ringing up, they couldn't guarantee that an application made today would get 2.5%.

    If anyone successful applies at 2.5% please let us know.

    Thanks,just had exact same problem,thought I'd come on here to check.Will give it a day or two.
    Going to look at Lloyds and BOS RS now.
  • Sea_Shell wrote: »
    To anyone looking to open a new 2.5% Halifax Reg Saver....be careful....the front page states the new rate, but when you then proceed to the Summary page, it's still showing as 2%. I've raised this as a query with them, and they hope to have it updated within a day or 2. Without ringing up, they couldn't guarantee that an application made today would get 2.5%.

    If anyone successful applies at 2.5% please let us know.

    My confirmation e-mail this afternoon confirms a rate 2.5%
  • hgt
    hgt Posts: 341 Forumite
    Part of the Furniture 100 Posts
    Hi all, I suspect very few people still hold one of the Newcastle BS Big Home Saver accounts.

    As far as I was concerned all issues (1, 2 & 3) even the ISA versions were paying 1.25% interest (0.25 base plus 1% interest).

    So I was quite pleased to see a banner on the Newcastle BS website saying that all variable rate accounts would receive a 0.25% rate increase on 01/12. However on checking the published interest rates it appears it has actually dropped on these accounts and now appears to be 0.25% base plus only a 0.8% bonus (1.05% total) which is indeed pants.

    Has anyone else spotted this or indeed received anything to notify of the rate cut? I've had nothing, and as far as I'm aware it's in the NBS Ts&Cs that they have to advise you of any detrimental rate cut.
  • schiff
    schiff Posts: 20,257 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I don't have any accounts with Halifax but in setting off to open the 2.5% regular saver, I see this:

    "It’ll be quicker applying for this account if you’re already an Online Banking customer. Sign in and save yourself some time.

    Also, we might be able to offer you a better interest rate on this account. See if you’re eligible by signing in."

    That won't help me but is it in fact true?
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