Regular Savings Accounts: The Best Currently Available List!

adindas

JamesRobinson48 said:

I had imagined that Santander's RS rate couldn't possibly fall any lower than 0.75% ... but that's been pulled and replaced with a new issue at only 0.50% !

0.5% for RSA of £250 monthly will only give us  £8.12 interest. Considering time to fill in the Application form,  set up a SO, action needed on maturity, Is it worthy ??  Well, it will depend on the person personal circumstances. But to me no thanks.

Time to move RSA A/Cs paying this peanauts to S&S ISA especialy if you are not going to need this money in the short term.

harz99

A near 0% rate was bound to happen sooner or later, the economy needs us to spend our cash now, not save. 

lhsecons

I can’t think of any circumstances were a regular saver paying less than the best instant access rate , currently 1.15% is worth it, although I realise that some savers want the certainty if the rate remains fixed for the term. However 0.5% is ridiculous.

typistretired

NS&I bond is suddenly looking okay. Still have 2 Mons BS paying 1.20%

polymaff

harz99 said:

A near 0% rate was bound to happen sooner or later, the economy needs us to spend our cash now, not save. 

You're behind the times. A 0.00% savings account has been around for some time. ...

https://www.thevernon.co.uk/savings/instant_access_account

harz99

polymaff said:

harz99 said:

A near 0% rate was bound to happen sooner or later, the economy needs us to spend our cash now, not save. 

You're behind the times. A 0.00% savings account has been around for some time. ...

https://www.thevernon.co.uk/savings/instant_access_account

And this thread is about Regular Savers....

typistretired

I hope no one opened one with them 

polymaff

typistretired said:

NS&I bond is suddenly looking okay. Still have 2 Mons BS paying 1.20%

1.2%, easy access, is not too difficult to find at present, but how long they and the NS&I income bonds will hold the current rates - who knows?

polymaff

harz99 said:

polymaff said:

harz99 said:

A near 0% rate was bound to happen sooner or later, the economy needs us to spend our cash now, not save. 

You're behind the times. A 0.00% savings account has been around for some time. ...

https://www.thevernon.co.uk/savings/instant_access_account

And this thread is about Regular Savers....

Don't be so foolish. This thread is, currently, discussing the rate differential between regular and simple accounts.

harz99

polymaff said:

harz99 said:

polymaff said:

harz99 said:

A near 0% rate was bound to happen sooner or later, the economy needs us to spend our cash now, not save. 

You're behind the times. A 0.00% savings account has been around for some time. ...

https://www.thevernon.co.uk/savings/instant_access_account

And this thread is about Regular Savers....

Don't be so foolish. This thread is, currently, discussing the rate differential between regular and simple accounts.

No need to be so rude, the thread is about Regular Savers, the discussion immediately prior to my 0% comment was about Regular Savers, what has been said since has been predominantly about Regular Savers!