Regular Savings Accounts: The Best Currently Available List!

friolento

DJDools said:

Bridlington1 said:

With regular savers that allow penalty free withdrawals online, if the rate is around the same as my top EA account and I have spare funds I tend to favour funding the regular saver as it takes a while to build up the balance of a regular saver but it is often very quick to empty if needed so it just hedges my bets a bit in case the account becomes more competitive in the future.

That's a good point. I think the YBS RS allows two withdrawals, plus closure. So it might be worth opening, and see what happens to the rate.

The Paragon Double Access account is a better alternative than the YBS RS as it comes without restriction on the monthly deposit amount. 

https://www.paragonbank.co.uk/savings/double-access-account

Bigwheels1111

I’m up to £1500 a month for regular savers.
EA will be drained to £10 on the 1st of November.
But my fixed rates should pay out mid way through November.
That should give me enough spare cash to fund them until their year is up.
Depending on rates it will then begin again.
Round and round they go.
I’ve decided not to fund any less than 6%.

Kim_13

DJDools said:

Bridlington1 said:

With regular savers that allow penalty free withdrawals online, if the rate is around the same as my top EA account and I have spare funds I tend to favour funding the regular saver as it takes a while to build up the balance of a regular saver but it is often very quick to empty if needed so it just hedges my bets a bit in case the account becomes more competitive in the future.

That's a good point. I think the YBS RS allows two withdrawals, plus closure. So it might be worth opening, and see what happens to the rate.

Varies by account.

2 withdrawal days for the Regular 5.25% version and 1 for the Loyalty.

where_are_we

Like Bridlington I have all 3 YBS RS`s. Loyalty RS@7% fully funded. RS @5.25% variable fully funded and treated as an EA account but will withdraw all but £1 if a better paying EA account (than my Santander EA @5.2%) comes along. Hopefully, there will be a new Xmas 2024 RS with a competitive rate to replace the old maturing 2023 RS.

Thumbs_Up

Bigwheels1111 said:

I’ve decided not to fund any less than 6%.

I agree with this in principle, but i will keep going with Coventry first home saver 1st addition @ 5.60%, only for the mere fact it's easy access and allows me to put in a weighty £1000 a month.  

Reg_Smeeton

Who are the usual suspects for “Christmas Saver” RS accounts? I could do with opening something in the next month or so for the next rung in my RS “ladder” but I’ve run out of competitive accounts that I’m eligible for… nice problem to have I know!

Bridlington1

Reg_Smeeton said:

Who are the usual suspects for “Christmas Saver” RS accounts? I could do with opening something in the next month or so for the next rung in my RS “ladder” but I’ve run out of competitive accounts that I’m eligible for… nice problem to have I know!

If my memory serves me well Principality BS, Monmouthshire BS and YBS offered Christmas regular savers last year in that order. I can't think of any others that did last year though.

dekkard

I have a YBS Christmas 23 Regular Saver which matures tomorrow.

10 days ago, the interest was added to the account. 

Today I notice that the interest entry is still there and the interest amount is unchanged but the date has been changed from 21st October to today (31st October).

Has anyone else seen this? Seems like an error.

flaneurs_lobster

dekkard said:

I have a YBS Christmas 23 Regular Saver which matures tomorrow.

10 days ago, the interest was added to the account. 

Today I notice that the interest entry is still there and the interest amount is unchanged but the date has been changed from 21st October to today (31st October).

Has anyone else seen this? Seems like an error.

See here

https://forums.moneysavingexpert.com/discussion/6482321/ybs-christmas-saver-maturity/p1

friolento

dekkard said:

I have a YBS Christmas 23 Regular Saver which matures tomorrow.

10 days ago, the interest was added to the account. 

Today I notice that the interest entry is still there and the interest amount is unchanged but the date has been changed from 21st October to today (31st October).

Has anyone else seen this? Seems like an error.

Same change for me. Unless the amount of interest is incorrect, it won't be an error. My interest is correct.