Regular Savings Accounts: The Best Currently Available List!

ns1993

Bridlington1 said:

Skipton BS Member Regular Saver Issue 3 has been launched at 7% fixed, replacing issue 2 at 7.5%. 

• Max deposit £250/mth
• Available to existing Skipton members, who joined on or before 11/01/24
  
• No withdrawals permitted except early closure
• You can not hold both issue 2 and 3 simultaneously

According to Live Chat, it is possible to hold both the 7.5% Issue 2 and the 7% Issue 3 of this

Bridlington1

ns1993 said:

Bridlington1 said:

Skipton BS Member Regular Saver Issue 3 has been launched at 7% fixed, replacing issue 2 at 7.5%. 

• Max deposit £250/mth
• Available to existing Skipton members, who joined on or before 11/01/24
  
• No withdrawals permitted except early closure
• You can not hold both issue 2 and 3 simultaneously

According to Live Chat, it is possible to hold both the 7.5% Issue 2 and the 7% Issue 3 of this

I tried applying in the app and it told me I wasn't eligible. I called my local branch and they confirmed that you can hold either issue 2 or issue 3, but not both at the same time.

pecunianonolet

Bridlington1 said:

ns1993 said:

Bridlington1 said:

Skipton BS Member Regular Saver Issue 3 has been launched at 7% fixed, replacing issue 2 at 7.5%. 

• Max deposit £250/mth
• Available to existing Skipton members, who joined on or before 11/01/24
  
• No withdrawals permitted except early closure
• You can not hold both issue 2 and 3 simultaneously

According to Live Chat, it is possible to hold both the 7.5% Issue 2 and the 7% Issue 3 of this

I tried applying in the app and it told me I wasn't eligible. I called my local branch and they confirmed that you can hold either issue 2 or issue 3, but not both at the same time.

I can confirm, not working to open in the app, getting the same message.

subjecttocontract

AmityNeon said:

A Regular Saver term that lasts for 9.5 months? How peculiar, though based on its name/purpose I can understand it needing to mature comfortably before Christmas 2024. It’s still worth opening for me. It may be variable, but given the marketing context, the optics would look terrible if they announced a rate reduction.

(AER is 6.04% for YBS Christmas 2024 Regular Saver)

It's difficult for me to get very excited about this......approx £37 in interest is hardly worth getting out of bed for !

brucefan_2

Bridlington1 said:

Skipton BS Member Regular Saver Issue 3 has been launched at 7% fixed, replacing issue 2 at 7.5%.

• Max deposit £250/mth
• Available to existing Skipton members, who joined on or before 11/01/24
  
• No withdrawals permitted except early closure
• You can not hold both issue 2 and 3 simultaneously

That's a shame.

Stargunner

subjecttocontract said:

AmityNeon said:

A Regular Saver term that lasts for 9.5 months? How peculiar, though based on its name/purpose I can understand it needing to mature comfortably before Christmas 2024. It’s still worth opening for me. It may be variable, but given the marketing context, the optics would look terrible if they announced a rate reduction.

(AER is 6.04% for YBS Christmas 2024 Regular Saver)

It's difficult for me to get very excited about this......approx £37 in interest is hardly worth getting out of bed for !

It would be a lot less than £37, because I would imagine that you would hsve the money in an easy access account instead, earning at least 5%. 

I will be giving this RS a miss.

Bridlington1

subjecttocontract said:

AmityNeon said:

A Regular Saver term that lasts for 9.5 months? How peculiar, though based on its name/purpose I can understand it needing to mature comfortably before Christmas 2024. It’s still worth opening for me. It may be variable, but given the marketing context, the optics would look terrible if they announced a rate reduction.

(AER is 6.04% for YBS Christmas 2024 Regular Saver)

It's difficult for me to get very excited about this......approx £37 in interest is hardly worth getting out of bed for !

Well I'll be getting out of bed that day anyway regardless of what YBS is doing so I might as well have the extra interest whilst I'm at it. At 6% it'll make a nice addition to my collection.

flaneurs_lobster

Bridlington1 said:

subjecttocontract said:

AmityNeon said:

A Regular Saver term that lasts for 9.5 months? How peculiar, though based on its name/purpose I can understand it needing to mature comfortably before Christmas 2024. It’s still worth opening for me. It may be variable, but given the marketing context, the optics would look terrible if they announced a rate reduction.

(AER is 6.04% for YBS Christmas 2024 Regular Saver)

It's difficult for me to get very excited about this......approx £37 in interest is hardly worth getting out of bed for !

Well I'll be getting out of bed that day anyway regardless of what YBS is doing so I might as well have the extra interest whilst I'm at it. At 6% it'll make a nice addition to my collection.

Still got the slot in my spreadsheet where the 2023 version used to live - be rude not to.

Bazzalona13295

Bridlington1 said:

Bigwheels1111 said:

Please no more regular savers. I’m getting addicted to them.
I'm up to 8 now or is it nine.

If you think you're getting addicted to regular savers, how would you describe me? I'm currently on 42 and am looking forward to adding YBS's Christmas RS to my collection, taking my total to 43 or possibly higher if I open another RS in the meantime.

Are there even 42 in existence 😀

Bazzalona13295

Bridlington1 said:

YBS Christmas 2024 regular saver:

• Will be launched on 17/1/24
• 6% variable
• Max deposit £150/mth
• Allows 1 penalty free withdrawal/yr
• Matures 31/10/24

Source: branch

The rate is no surprise but the low maximum deposit is.