Regular Savings Accounts: The Best Currently Available List!

JamesRobinson48

Virgin Money has just released a new Regular E-Saver (18th issue).  This pays 1.00% fixed, and looks much the same as the 17th issue, other than dates being pushed back two months.

liamcov

JamesRobinson48 said:

Virgin Money has just released a new Regular E-Saver (18th issue).  This pays 1.00% fixed, and looks much the same as the 17th issue, other than dates being pushed back two months.

Has anyone been tempted by these 1% offerings?

1882

Sort of yes. I've opened one and until such time 1% guaranteed is worth a significant investment will put in a tenner each month. The way rates are plummeting it may not be long!

JamesRobinson48

liamcov said:

JamesRobinson48 said:

Virgin Money has just released a new Regular E-Saver (18th issue).  This pays 1.00% fixed, and looks much the same as the 17th issue, other than dates being pushed back two months.

Has anyone been tempted by these 1% offerings?

Yes, I go for a 1% RS fix, online for one year, with a reputable name like VM that also permits penalty-free withdrawals.  I know NS&I pays more at present and is fully guaranteed by the UK government. But I already have large amounts in multiple NS&I products.  And with gilts of up to 5 years tenor currently priced on yields below 0%, I imagine that NS&I might cut its variable rates in due course. If and when that happens, I anticipate that wider retail savings rates may quickly decrease further. So personally, I'd rather diversify between numerous providers, and lock in 1% while I still can. But of course, I don't expect everyone to agree with me.

colsten

liamcov said:

JamesRobinson48 said:

Virgin Money has just released a new Regular E-Saver (18th issue).  This pays 1.00% fixed, and looks much the same as the 17th issue, other than dates being pushed back two months.

Has anyone been tempted by these 1% offerings?

Nope, not me.

Not as long as I can get 2.75%, 1.85%, 1.5% and 1.2% in regular savers. Or 2% in Virgin Money current accounts, 1.5% in TSB current accounts, or an effective 1.2% in Halifax current accounts, or 1.15% in NS&I [and in my trusty Al Rayan], or 1.21% fixed for a year..........

mary

On a slightly technical issue.    I've not been on the forum for quite a long time and since it changed.     How do you find Old Threads you previously had been following.   

Frogletina

mary said:

On a slightly technical issue.    I've not been on the forum for quite a long time and since it changed.     How do you find Old Threads you previously had been following.   

I've printed some screenshots to help you.

On the main screen click on the figure in the circle


Now you will see 4 icons
The bell is for notifications
The envelope is for private messages
The third icon is for bookmarks
Click on the bookmark icon


Now you will see all of your bookmarks


In addition you can click on the bell and look for an icon I call the 3 spoons  - if you click on that you can will be able to set up your notification preferences.


To set up preferences you need to look at your mobile phone in landscape mode



Hope this helps

JamesRobinson48

Monmouthshire BS has just launched Regular Saver Bond Issue 4, paying 1.50% fixed for one year (max £250 per month, £3,000 total, available online).

Every_Penny_Counts

JamesRobinson48 said:

Monmouthshire BS has just launched Regular Saver Bond Issue 4, paying 1.50% fixed for one year (max £250 per month, £3,000 total, available online).

Thanks, just made an application

harz99

liamcov said:

JamesRobinson48 said:

Virgin Money has just released a new Regular E-Saver (18th issue).  This pays 1.00% fixed, and looks much the same as the 17th issue, other than dates being pushed back two months.

Has anyone been tempted by these 1% offerings?

Nope, not once rates dropped below 2% as I can still make more in an easy access or  9-12 month fixed rate account, without any other tie ins like compulsory current accounts.