Regular Savings Accounts: The Best Currently Available List!

liamcov

Special_Saver2 wrote: »

Hi Everybody,

Here is this weekend's update. I have checked every account on the first page of this thread and found the following changes.

- Progressive BS Clockwork Regular Saver Issue 2 interest rate increased by 0.1% to 1.6%
- Chorley BS Children's Regular Saver interest rate increased by 0.25% to 2.25%
- Halifax Kids' Regular Saver interest rate increased by 0.5% to 4.5%
- Halifax Regular Saver interest rate increased by 0.5% to 2.5%
- Lloyds Bank Club Lloyds interest rate increased by 0.5% to 3%
- Cumberland BS Regular Saver (issue 3) interest rate increased by 0.5% to 2.3%
- Bank of Scotland Monthly Saver interest rate increased by 0.5% to 2.5%
- Lloyds Bank Club Lloyds interest rate increased by 0.5% to 2.5%
- Leeds BS Regular Saver (Issue 9) replaced with issue 10 paying 0.25% higher at 2.55%
- Hanley Economic BS Home Deposit Saver interest rate increased by 0.1% to 2.95%
- Cumberland BS Regular Saver (Issue 3) account interest rate increased by 0.25% to 2.3%

I will do another update the weekend after next.

SS2

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For those new to this thread, the first few posts are constantly updated and are here

Can someone just confirm whether the rate increases for the following accounts are just for new customers or existing account holders?

Leeds issue 4
Leeds issue 5
Halifax
BoS
TSB
Santander
Lloyds
Club Lloyds
Principality issue 17

Thanks in advance

YorkshireBoy

liamcov wrote: »

Can someone just confirm whether the rate increases for the following accounts are just for new customers or existing account holders?

Leeds issue 4
Leeds issue 5
Halifax
BoS
TSB
Santander
Lloyds
Club Lloyds
Principality issue 17

Thanks in advance

Could you first thin down your list by telling us which of those are variable rates and which are fixed rates.

bristolleedsfan

Special_Saver2 wrote: »

Hi Everybody,

Here is this weekend's update. I have checked every account on the first page of this thread and found the following changes.

- Progressive BS Clockwork Regular Saver Issue 2 interest rate increased by 0.1% to 1.6%
- Chorley BS Children's Regular Saver interest rate increased by 0.25% to 2.25%
- Halifax Kids' Regular Saver interest rate increased by 0.5% to 4.5%
- Halifax Regular Saver interest rate increased by 0.5% to 2.5%
- Lloyds Bank Club Lloyds interest rate increased by 0.5% to 3%
- Cumberland BS Regular Saver (issue 3) interest rate increased by 0.5% to 2.3%
- Bank of Scotland Monthly Saver interest rate increased by 0.5% to 2.5%
- Lloyds Bank Club Lloyds interest rate increased by 0.5% to 2.5%
- Leeds BS Regular Saver (Issue 9) replaced with issue 10 paying 0.25% higher at 2.55%
- Hanley Economic BS Home Deposit Saver interest rate increased by 0.1% to 2.95%
- Cumberland BS Regular Saver (Issue 3) account interest rate increased by 0.25% to 2.3%

I will do another update the weekend after next.

SS2

---

For those new to this thread, the first few posts are constantly updated and are here

Leek B.S - Open Issue regular saver was increased to 2.25% including bonus on 1 December

https://www.leekunited.co.uk/savings/regular-savings/

liamcov

YorkshireBoy wrote: »

Could you first thin down your list by telling us which of those are variable rates and which are fixed rates.

I've got no idea i'm afraid.

schiff

bristolleedsfan wrote: »

Leek B.S - Open Issue regular saver was increased to 2.25% including bonus on 1 December

https://www.leekunited.co.uk/savings/regular-savings/

Quote from their T&Cs:

"These rates apply from 2 December 2917.

* Gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax)."

Is this to coincide with the UK finally clearing its current account deficit I wonder?

YorkshireBoy

liamcov wrote: »

I've got no idea i'm afraid.

It'll say in your paperwork and on their websites.

schiff

bristolleedsfan wrote: »

Leek B.S - Open Issue regular saver was increased to 2.25% including bonus on 1 December

Starting one of these is equivalent to starting two Virgins, if necessary withdrawing most of the balance after several months and in effect starting two more Virgins.

Depends on the interest rate on the next pair of Virgins.

bristolleedsfan

schiff wrote: »

Starting one of these is equivalent to starting two Virgins, if necessary withdrawing most of the balance after several months and in effect starting two more Virgins.

Depends on the interest rate on the next pair of Virgins.

Really :exclamati

Leek B.S Regular Saver has been going for years and currently carries on year after year, those who have been saving into it will have a significant amount attracting 2.25% and those starting one of these now will probably be able to carry on saving into it year after year unlike Virgin regular saver.

schiff

bristolleedsfan wrote: »

Leek B.S Regular Saver has been going for years and currently carries on year after year, those who have been saving into it will have a significant amount attracting 2.25% and those starting one of these now will probably be able to carry on saving into it year after year unlike Virgin regular saver.

I was losing my fondness for 2% RSs when my Leek matured, especially as it had to be kept open for the bonus, in favour of the Virgins, and others of course, with higher and more solid interest rates.

bristolleedsfan

schiff wrote: »

I was losing my fondness for 2% RSs when my Leek matured, especially as it had to be kept open for the bonus, in favour of the Virgins, and others of course, with higher and more solid interest rates.

When I posted this it was neither aimed/meant for you

http://forums.moneysavingexpert.com/showpost.php?p=73521894&postcount=6834


I dont think Ive ever had someone come back to me so many times, normally someone gives up after 1 reply to me. :rotfl::rotfl:


There can be a lot said for 2% regular savers that carry on year after year, I have Leek Homebuyers regular saver not available for new applications, paid 1000 into it month after month year after year currently have 42000 paying 2% and Yes I also maximise higher paying accounts.