Regular Savings Accounts: The Best Currently Available List!

dgpur

saverbynature said:

Thomas_Crown said:

My Principality BS Christmas Regular Saver account matures on 11th November and I have been offered a new Christmas Loyalty RS at 6.25%. I have decided to open a loyalty account.

The new Principality BS Loyalty RS at 6.25% was launched after the Christmas Regular Saver maturity letters had been sent out and is actually called "Maturity Winter Regular Saver Bond". Even if you've already completed a maturity request to transfer your maturing Christmas Regular Saver funds out of PBS and close the account you can still amend your choice before the maturity date by calling PBS. They advised me they will keep £125 back from the maturing balance that is being transferred elsewhere and then the account will be renamed Maturity Winter Regular Saver Bond and keep the exisitng account details. 

Thanks for this info. I was due to have all my money withdrawn on 8/11, but have now rung them up and changed to the new RS. 6.25% is definitely worth it! The y couldn’t have made revising the maturity option any easier - call answered quickly, a few security questions, and then it was done.

simonsmithsays

Hi folks

Has someone got the details for the Cambridge 6% extra reward RS please?  They've now gone from the website.

Maximum and minimum payments and the withdrawal penalty would be a great start

TIA

ForumUser7

simonsmithsays said:

Hi folks

Has someone got the details for the Cambridge 6% extra reward RS please?  They've now gone from the website.

Maximum and minimum payments and the withdrawal penalty would be a great start

TIA

Seems to still be there

https://media.umbraco.io/cambridge/uqenkmaf/extra-reward-regular-saver.pdf

https://www.cambridgebs.co.uk/savings/regular-savings/extra-reward-regular-saver

t1redmonkey

simonsmithsays said:

Hi folks

Has someone got the details for the Cambridge 6% extra reward RS please?  They've now gone from the website.

Maximum and minimum payments and the withdrawal penalty would be a great start

TIA

Reminder of this very useful thread @Bridlington1 has been keeping up to date which has almost all regular savers key features archived   https://forums.moneysavingexpert.com/discussion/6470420/an-archived-list-of-regular-saver-terms-and-conditions/p1

mustardtree6

dgpur said:

saverbynature said:

Thomas_Crown said:

My Principality BS Christmas Regular Saver account matures on 11th November and I have been offered a new Christmas Loyalty RS at 6.25%. I have decided to open a loyalty account.

The new Principality BS Loyalty RS at 6.25% was launched after the Christmas Regular Saver maturity letters had been sent out and is actually called "Maturity Winter Regular Saver Bond". Even if you've already completed a maturity request to transfer your maturing Christmas Regular Saver funds out of PBS and close the account you can still amend your choice before the maturity date by calling PBS. They advised me they will keep £125 back from the maturing balance that is being transferred elsewhere and then the account will be renamed Maturity Winter Regular Saver Bond and keep the exisitng account details. 

Thanks for this info. I was due to have all my money withdrawn on 8/11, but have now rung them up and changed to the new RS. 6.25% is definitely worth it! The y couldn’t have made revising the maturity option any easier - call answered quickly, a few security questions, and then it was done.

Under the T & C, 

• You can open the account up to 14 days after the date your existing fixed rate Principality Regular Saver Bond matures unless we remove it from sale. We can stop accepting new applications for this account at any time

So still time to switch. I just messaged them.

ircE

Aldermore Bank - 5.25%

I was struggling to understand why This is Money was making such a big deal of this account when I realised this is indeed the highest paying RSA that's open to all (i.e. not a loyalty or linked account) and allows unlimited penalty-free withdrawals. Particularly useful for those who value access and/or dipping their toes into the RSA market for the first time, I imagine.

Special_Saver2

Hi Folks,

I just completed an update for the first page of this thread. There is only one item that I can see that needs changing.

- Aldermore Regular Saver Account (Issue 1) added paying 5.25% gross p.a. variable on up to £300 per month for 12 months, online only

I will do the next update in around 2 weeks' time.

SS2

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For those new to this thread, the first few posts are regularly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Bridlington1

@Special_Saver2
I appreciate it's only a minor point but we're now on Issue 46 of the Leeds BS Regular Saver, which matures on 2/11/25. The first page still shows Issue 44.

Special_Saver2

Bridlington1 said:

@Special_Saver2
I appreciate it's only a minor point but we're now on Issue 46 of the Leeds BS Regular Saver, which matures on 2/11/25. The first page still shows Issue 44.

Thanks, I have now updated this including the new maturity date with that issue.

where_are_we

My Chorley BS Seasonal Saver 3 matures at the end of the month. Like their RS it has a not very exciting 5.15% interest rate and because no withdrawals or closure are allowed I had gone to the minimum £25 monthly deposit quite a few months ago. Recently Chorley  offered a 5.35% one withdrawal only account (NLA) which makes me wonder if they might offer a more competitive loyalty account in the near future. Would it be worth accepting their maturity offer of a new SS 4 again at 5.15% and funding it with the minimum £25/month in order to keep a "foot in the door"?