Regular Savings Accounts: The Best Currently Available List!

Kim_13

trickydicky14 said:

Could someone please jog my memory, the Coventry home saver issue 1 regular saver, can you make multiple payments during a month as long as you don’t exceed the 1k max for that month. Or is it just one payment per month.

Multiple payments are fine, I’ve done this many times.

flaneurs_lobster

trickydicky14 said:

Could someone please jog my memory, the Coventry home saver issue 1 regular saver, can you make multiple payments during a month as long as you don’t exceed the 1k max for that month. Or is it just one payment per month.

From T&C, multiple deposits are OK,

4.2 You can pay in as many times as you like during each calendar month, as long as the total amount you pay in doesn't exceed £1,000 per calendar month.

OneUser1

Don’t think it’s been previously mentioned here but I notice the West Brom Regular Saver is now available on-line. It used to be branch only. It’s only 6% but it is a fixed rate so if you think rates are going to fall it might be worthwhile. It’s a maximum of £250 per month and existing members or locals.

trickydicky14

Being a keen collector of RS’s I’m thinking of re visiting some I have ditched over the past months. Like some others I have concentrated only on accounts paying 6% and above. With variable rates now dropping at pace, I’m thinking should I open the 5.5% fixed accounts like Halifax, Lloyds and BOS even if I only put the minimum £25 in a month for now. It doesn’t make a lot of sense just now but could, come 2024 any thoughts.

Wheres_My_Cashback

OneUser1 said:

Don’t think it’s been previously mentioned here but I notice the West Brom Regular Saver is now available on-line. It used to be branch only. It’s only 6% but it is a fixed rate so if you think rates are going to fall it might be worthwhile. It’s a maximum of £250 per month and existing members or locals.

I'm sure most here who don't already have one would open this if it wasn't for the last 4 words OR open ths one first https://www.westbrom.co.uk/savings/easy-access/west-brom-saver

Wheres_My_Cashback

trickydicky14 said:

Being a keen collector of RS’s I’m thinking of re visiting some I have ditched over the past months. Like some others I have concentrated only on accounts paying 6% and above. With variable rates now dropping at pace, I’m thinking should I open the 5.5% fixed accounts like Halifax, Lloyds and BOS even if I only put the minimum £25 in a month for now. It doesn’t make a lot of sense just now but could, come 2024 any thoughts.

I'd say it would be wise to do that as they're still better than EA accounts.

allegro120

trickydicky14 said:

Being a keen collector of RS’s I’m thinking of re visiting some I have ditched over the past months. Like some others I have concentrated only on accounts paying 6% and above. With variable rates now dropping at pace, I’m thinking should I open the 5.5% fixed accounts like Halifax, Lloyds and BOS even if I only put the minimum £25 in a month for now. It doesn’t make a lot of sense just now but could, come 2024 any thoughts.

Yes, it makes sense in the current environment.  All predictions are pointing out on rate reductions across the board. I'm now on "minimum 5.5% strategy". The only one I'm reluctant to open is Coventry because the withdrawal rule is a bit too tough for this rate.

Middle_of_the_Road

trickydicky14 said:

Being a keen collector of RS’s I’m thinking of re visiting some I have ditched over the past months. Like some others I have concentrated only on accounts paying 6% and above. With variable rates now dropping at pace, I’m thinking should I open the 5.5% fixed accounts like Halifax, Lloyds and BOS even if I only put the minimum £25 in a month for now. It doesn’t make a lot of sense just now but could, come 2024 any thoughts.

Totally agree, any regular saver at 5.5% or above is very attractive at the moment. Even variable rate ones if they fall in-line with easy access accounts will be worth fully funding.

trickydicky14

Wheres_My_Cashback said:

OneUser1 said:

Don’t think it’s been previously mentioned here but I notice the West Brom Regular Saver is now available on-line. It used to be branch only. It’s only 6% but it is a fixed rate so if you think rates are going to fall it might be worthwhile. It’s a maximum of £250 per month and existing members or locals.

I'm sure most here who don't already have one would open this if it wasn't for the last 4 words OR open ths one first https://www.westbrom.co.uk/savings/easy-access/west-brom-saver

Well how lucky is that, I live within the SY post code. I think to get the best return from this I should wait until the start of Jan or is that pushing my luck, could it be withdrawn in a matter of weeks?

chris_the_bee

trickydicky14 said:

Wheres_My_Cashback said:

OneUser1 said:

Don’t think it’s been previously mentioned here but I notice the West Brom Regular Saver is now available on-line. It used to be branch only. It’s only 6% but it is a fixed rate so if you think rates are going to fall it might be worthwhile. It’s a maximum of £250 per month and existing members or locals.

I'm sure most here who don't already have one would open this if it wasn't for the last 4 words OR open ths one first https://www.westbrom.co.uk/savings/easy-access/west-brom-saver

Well how lucky is that, I live within the SY post code. I think to get the best return from this I should wait until the start of Jan or is that pushing my luck, could it be withdrawn in a matter of weeks?

The best return you can get is to open one sooner rather than later.