Regular Savings Accounts: The Best Currently Available List!

happybagger

ForumUser7 said:

happybagger said:

10_66 said:

happybagger said:

Bridlington1 said:

Not top regular savers by any strech of the imagination but may be of interest to those who have them sat with minimum balances:
Darlington BS Regular Monthly Saver will reduce from 4.6% to 4.2% from 4/3/24. Source: Letter
Green RS and Special Occasion Saver (both NLA) will also reduce from 4.6% to 4.2% on 4/3/24

I have the Special Occasions (balance over £100) and haven't received any letter (or email) yet.

They must be staggering the letters, I had one letter for the Regular Monthly one day, and then a few days later I got them for the Special Occasions.

11 days since @Bridlington1 posted this I'm still waiting for something from DBS. Maybe they're keeping my rate at a special former carpetbagger rate 

I haven't had the letters either, but wondered if this was because the balances are less than £100

As a former bagger I never let my BS accounts drop below £100

castle96

One left for me - Nationwide

ForumUser7

happybagger said:

ForumUser7 said:

happybagger said:

10_66 said:

happybagger said:

Bridlington1 said:

Not top regular savers by any strech of the imagination but may be of interest to those who have them sat with minimum balances:
Darlington BS Regular Monthly Saver will reduce from 4.6% to 4.2% from 4/3/24. Source: Letter
Green RS and Special Occasion Saver (both NLA) will also reduce from 4.6% to 4.2% on 4/3/24

I have the Special Occasions (balance over £100) and haven't received any letter (or email) yet.

They must be staggering the letters, I had one letter for the Regular Monthly one day, and then a few days later I got them for the Special Occasions.

11 days since @Bridlington1 posted this I'm still waiting for something from DBS. Maybe they're keeping my rate at a special former carpetbagger rate 

I haven't had the letters either, but wondered if this was because the balances are less than £100

As a former bagger I never let my BS accounts drop below £100

Is that £100 total holdings, or £100 in at least one account?

HHUK

Hattie627 said:

It says that if you have more than one qualifying accounts, they will pay the £50 bonus into the last one to be funded. Presumably if you have funded the RS with the calendar monthly maximum of £250 at the point in time when the bonus is paid, the RS will not reject the bonus? It doesn't say so in the email.

True, it doesn't. I have opened and funded the new Co-operative Bank Regular Saver with a token amount. I have yet to decide to what extent I wish to utilise it. I won't pay more than £200 into it next month until the bonus has been paid.

I had already opened their Online Saver and Base Rate Tracker accounts, and am expecting to receive the £50 bonus around 15 March, being 45 days after my switch date. At least then I will know which account receives the bonus.

ctdctd

I've just done a current account switch from Nationwide to NatWest for the £200 bonus.

I have a Nationwide Flex Regular saver with a few months to run @ 7%

Terms say it needs a Flex current account or they MAY convert to an instant saver.

Anyone know if they enforce this in practise?

happybagger

ForumUser7 said:

happybagger said:

As a former bagger I never let my BS accounts drop below £100

Is that £100 total holdings, or £100 in at least one account?

It's my understanding that it's share accounts totalling £100 but happy to be corrected if someone wishes to check the actual legislation. The wording in BS rules tends to say "holds a share investment of at least £100" so is open to interpretation.

Although in my case I only have the one account at DBS anyway

trickydicky14

ctdctd said:

I've just done a current account switch from Nationwide to NatWest for the £200 bonus.

I have a Nationwide Flex Regular saver with a few months to run @ 7%

Terms say it needs a Flex current account or they MAY convert to an instant saver.

Anyone know if they enforce this in practise?

Sorry can't say for sure as never attempted this sort of move. I do think you are taking a risk though, as you say the T&C are clear. Best of luck.

allegro120

ctdctd said:

I've just done a current account switch from Nationwide to NatWest for the £200 bonus.

I have a Nationwide Flex Regular saver with a few months to run @ 7%

Terms say it needs a Flex current account or they MAY convert to an instant saver.

Anyone know if they enforce this in practise?

I don't have the answer, but even if I had it won't be helpful because you've already done it.  Let us know the result when you know it.  Generally speaking, switching an account that can jeopardise your other accounts is not a good practice.  You can always create current accounts for switching purposes and leave the important ones to run. 

kaMelo

ctdctd said:

I've just done a current account switch from Nationwide to NatWest for the £200 bonus.

I have a Nationwide Flex Regular saver with a few months to run @ 7%

Terms say it needs a Flex current account or they MAY convert to an instant saver.

Anyone know if they enforce this in practise?

The terms of the regular saver are clear, whether they will enforce them, who knows. Open a new Flex Account and avoid any potential problems.

Bridlington1

The usual drill:
Leeds BS Regular Saver (Issue 49) at 5.25% is now NLA and has been replaced by Issue 50 at the same rate but with a new maturity date of 1st March 2026. Summary boxes for both issues are now archived on the wayback machine.