Regular Savings Accounts: The Best Currently Available List!

PloughmansLunch

Bridlington1 said:

flaneurs_lobster said:

YBS Xmas Saver - maximum monthly deposit?

YBS have emailed me

Hi Mr XXXXXXXXX,

With just a few days left in the month, don’t forget you can pay up to £300 per month, until 31st October 2023, into your Christmas 2023 Regular Saver.

It's clearly YBS's famed IT having a woopsy (2023) but am I correct that this year's Xmas RS has a max of £150/mth? Can't find my copy of the KPI.

You are correct, this year's Xmas 2024 RS has a max deposit of £150/mth. The summary box is listed on the Archived list of regular savers thread.

The clocks go forward this month, I wonder if, like last year, YBS will teleport us to 2093 whist they're at it?

EDIT:
Link to archived terms:
https://web.archive.org/web/20240117185249/https://www.ybs.co.uk/documents/productdata/Factsheet-YB901802W.pdf

Cor, imagine if the dodgy YBS system paid the compound interest on a ~69 year RS balance

fun4everyone

Bridlington1 said:

The clocks go forward this month, I wonder if, like last year, YBS will teleport us to 2093 whist they're at it?

PloughmansLunch said:

Cor, imagine if the dodgy YBS system paid the compound interest on a ~69 year RS balance

Haha, it's like a delayed version of the millennium bug

pokemaster

EcologyBS:

- Regular Savings Account: your new rate will be 4.25% gross* p.a/AER** (a 0.50% increase from 3.75%) from Tuesday 26 March 2024

Hattie627

pokemaster said:

EcologyBS:

- Regular Savings Account: your new rate will be 4.25% gross* p.a/AER** (a 0.50% increase from 3.75%) from Tuesday 26 March 2024

Closed my Ecology BS Regular Savings account some while back. It was useful for direct debit payments in (not sure if these are still accepted) plus open-ended in length. I liked Ecology BS but unfortunately the rate, never one of the best, became more unattractive over time. I don't think this new rate will attract many new savers.

pokemaster

I just use it for that Direct Debit payment at the minute, putting just the minimum in.

jameseonline

I think there was a very brief time Ecology was attractive but hasn't been for a very long time now.

Nice to know they've put up their rate but can be beaten by other regulars + instant access.

Shedman

Bridlington1 said:

flaneurs_lobster said:

YBS Xmas Saver - maximum monthly deposit?

YBS have emailed me

Hi Mr XXXXXXXXX,

With just a few days left in the month, don’t forget you can pay up to £300 per month, until 31st October 2023, into your Christmas 2023 Regular Saver.

It's clearly YBS's famed IT having a woopsy (2023) but am I correct that this year's Xmas RS has a max of £150/mth? Can't find my copy of the KPI.

You are correct, this year's Xmas 2024 RS has a max deposit of £150/mth. The summary box is listed on the Archived list of regular savers thread.

The clocks go forward this month, I wonder if, like last year, YBS will teleport us to 2093 whist they're at it?

EDIT:
Link to archived terms:
https://web.archive.org/web/20240117185249/https://www.ybs.co.uk/documents/productdata/Factsheet-YB901802W.pdf

Off topic but Its mucking up the clocks in certain cars as well (now an hour ahead)...suggestions are is because its a leap year and the software was written by or for yanks (whose clocks went forward on Sunday just gone)

allegro120

jameseonline said:

I think there was a very brief time Ecology was attractive but hasn't been for a very long time now.

Nice to know they've put up their rate but can be beaten by other regulars + instant access.

I can't recall this account ever offering competitive rate. I've opened it some years ago for DD, used for several banks' offers and it eventually settled to serve Natwest's reward.  I have 3 spare DDs I'm not using and had a thought to close Ecology RS, but decided to leave it running.  Dedicating £25 p/m at 3.75% had a negligible impact on the overall profit from my savings. Now the minimum was reduced to £10 and the rate increased to 4.25% - I have no desire to close Ecology RS.

jameseonline

allegro120 said:

jameseonline said:

I think there was a very brief time Ecology was attractive but hasn't been for a very long time now.

Nice to know they've put up their rate but can be beaten by other regulars + instant access.

I can't recall this account ever offering competitive rate. I've opened it some years ago for DD, used for several banks' offers and it eventually settled to serve Natwest's reward.  I have 3 spare DDs I'm not using and had a thought to close Ecology RS, but decided to leave it running.  Dedicating £25 p/m at 3.75% had a negligible impact on the overall profit from my savings. Now the minimum was reduced to £10 and the rate increased to 4.25% - I have no desire to close Ecology RS.

I had a Ecology one ages ago paying 1.3% it seems 🤣, had a Coventry one paying 1.25% originally too

allegro120

jameseonline said:

allegro120 said:

jameseonline said:

I think there was a very brief time Ecology was attractive but hasn't been for a very long time now.

Nice to know they've put up their rate but can be beaten by other regulars + instant access.

I can't recall this account ever offering competitive rate. I've opened it some years ago for DD, used for several banks' offers and it eventually settled to serve Natwest's reward.  I have 3 spare DDs I'm not using and had a thought to close Ecology RS, but decided to leave it running.  Dedicating £25 p/m at 3.75% had a negligible impact on the overall profit from my savings. Now the minimum was reduced to £10 and the rate increased to 4.25% - I have no desire to close Ecology RS.

I had a Ecology one ages ago paying 1.3% it seems 🤣, had a Coventry one paying 1.25% originally too

I've never had RS accounts paying under 2%, even at the time when BoE rates were close to 0% and there were talks about a negative rate.