Regular Savings Accounts: The Best Currently Available List!

polymaff

polymaff said:

liamcov said:

polymaff said:

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?

I thought NS&I would be increasing their rates as govt have raised their target to about £35 billion.

NS&I announced rate cuts. Then Rishi's plans were announced and NS&I withdrew their planned changes.

Just found the details. NS&I Income Bonds WERE going to drop from 1.15% to 0.45%

https://www.moneysavingexpert.com/news/2020/04/ns-i-cancels-planned-premium-bond-rate-cut-/

polymaff

RG2015 said:

castle96 said:

where please (for new a/cs)

There is no easy access 1.20% savings account currently available.

Who said there was?

veryintrigued

Anyone remember when Regular Savings Accounts were discussed on the Regular Savings Accounts: The Best Currently Available List thread?

Ahhh the days

crumpet_man

polymaff said:

RG2015 said:

castle96 said:

where please (for new a/cs)

There is no easy access 1.20% savings account currently available.

Who said there was?

You did.

RG2015

polymaff said:

polymaff said:

liamcov said:

polymaff said:

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?

I thought NS&I would be increasing their rates as govt have raised their target to about £35 billion.

NS&I announced rate cuts. Then Rishi's plans were announced and NS&I withdrew their planned changes.

Just found the details. NS&I Income Bonds WERE going to drop from 1.15% to 0.45%

https://www.moneysavingexpert.com/news/2020/04/ns-i-cancels-planned-premium-bond-rate-cut-/

You're just checking that we are still reading your posts. 

It was going to drop to 0.70% not 0.45%. This is a reduction of 0.45% not to 0.45%

I found this out on your very helpful link, although I knew it already from reading the NS&I message in February (see the link below).

https://nsandi-corporate.com/news-research/news/nsi-announces-reduction-interest-rates

polymaff

crumpet_man said:

polymaff said:

RG2015 said:

castle96 said:

where please (for new a/cs)

There is no easy access 1.20% savings account currently available.

Who said there was?

You did.

So quote me.

polymaff

RG2015 said:

My fault for quoting an MSE article where it clearly states that "Income Bonds ... Planned rate reduction ... 0.7%"

The original point stands, though.

karlie88

It's worth noting that Furness BS are still offering a 3 year regular saver at 1.4% variable, £250/month. Appreciate this may not be enough to fit SS2's criteria in the opening post but thought it's still worth a mention given the derisory rates across the board. The 1.4% has remained the same during the pandemic and their branch only reg saver, which launched back in Jan 2020 (closed issue now), is still paying 2.5% variable - make of that what you will.

Postal applications allowed but need to send certified copies of ID. Some Post Offices certify documents - 3 docs for £13 if I recall correctly.

https://www.furnessbs.co.uk/savings/products/regular-saver/

SFindlay

polymaff said:
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?

As requested. 

crumpet_man

I am predicting pedantry:
"ah but I didn't specify SAVINGS account"