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Regular Savings Accounts: The Best Currently Available List!

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  • Nick_C
    Nick_C Posts: 7,602 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Are you sure you've been a member of YBS for at least 1 year ?
    I will be posting my application to YBS with a cheque on Thursday cos that's my 1 year membership date. It will be interesting to see how long it takes.


    It's not having been a member for a year per se that decides eligibility, it's having had a savings (or mortgage) account open for "at least 12 continuous and consecutive months prior to the date of application". 
    I didn't think you could be a member of the YBS without a savings or mortgage product.
    Is there a difference ?
    You are correct.  There is no difference. 

    If you close all your accounts your membership terminates. 

    If you open a new account and close your old one on the same day, you membership continues. 
  • dcs34
    dcs34 Posts: 656 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Email from Coventry BS today:

    From 18 September, we’ve increased the variable interest rate on your Regular Saver (5) by 0.45% to 5.50% AER*/gross p.a.

  • Thanks I'm sure it's useful for someone.
    It's hardly record breaking given there are so many accounts available paying more.
  • Nick_C said:
    YBS.  The T&Cs do not say it has to be one account open for 12 months.  It is open to interpretation.  And YBS interpret the rule generously.

    I opened the Loyalty ISA in March 23, and the Loyalty RS last week.  Two different branches.  On each occasion, I did not have an account that had been open for a year, but I have been a member continuously for 16 years.

    Your opinion is inaccurate and unhelpful, as it could put people off from applying.
    Since YBS choose to interpret their own T&Cs in this fashion and it is to the Member's advantage, I would not wish to discourage anyone from applying and will annotate my opinion-giving post accordingly.
  • dlevene
    dlevene Posts: 345 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 26 September 2023 at 5:03PM
    Couple of direct debits shifted to an unused current account, so I can switch to a new Nationwide current account for the £200 bonus and then get their 8% regular saver. Hopefully both the bonus and the RS will be available for another couple of weeks....
  • dlevene said:
    Couple of direct debits shifted to an unused current account, so I can switch to a new Nationwide current account for the £200 bonus and then get their 7% regular saver. Hopefully both the bonus and the RS will be available for another couple of weeks....
    Not certain Nationwide offer a 7% regular saver.
  • dlevene
    dlevene Posts: 345 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Easyjet77 said:
    dlevene said:
    Couple of direct debits shifted to an unused current account, so I can switch to a new Nationwide current account for the £200 bonus and then get their 7% regular saver. Hopefully both the bonus and the RS will be available for another couple of weeks....
    Not certain Nationwide offer a 7% regular saver.
    Apologies, corrected 
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