Regular Savings Accounts: The Best Currently Available List!

Kim_13

Speculator said:

where_are_we said:

SRBS RS1 remaining at 5.15% offers easy access. However, do you still have to post a letter plus passbook to make a withdrawal to your nominated account? Not particularly easy!

Made a withdrawal on 24/5/2024 and had to send passbook.

Made a withdrawal at the beginning of August, sent passbook and letter at the beginning of August, leaving off my address (as I had done on two previous occasions, to ensure that should my request by intercepted in the post, they wouldn't have my full ID.) Received a call a few days later explaining that they had changed their procedures and now needed the address stated with the request.) Thankfully they allowed me to email it in rather than returning my passbook without processing the withdrawal.

JamesRobinson48

I don't know if this has been mentioned. Yorkshire BS's three different RS accounts (5.75% loyalty, 5.25% regular, 5.00% first home, all variable) now appear to be NLA in their respective online variants. But they all still seem to be available for branch/postal applications (one wonders for how long).

Thomas_Crown

The variable interest rate on the Coventry BS Loyalty Regular Saver, is reducing from 7.00% to 6.75% on 2nd September 2024.

WillPS

JamesRobinson48 said:

I don't know if this has been mentioned. Yorkshire BS's three different RS accounts (5.75% loyalty, 5.25% regular, 5.00% first home, all variable) now appear to be NLA in their respective online variants. But they all still seem to be available for branch/postal applications (one wonders for how long).

Good eye. I presume based on previous years they'll launch a new loyalty product late-summer/early-autumn.

jameseonline

Thomas_Crown said:

The variable interest rate on the Coventry BS Loyalty Regular Saver, is reducing from 7.00% to 6.75% on 2nd September 2024.

Presumably a previous issue so what about the 6.75% Loyalty Regular I have is that going down too?

Had a look on the website, can't see any rate changes for loyalty regulars on

https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html

Or

https://www.coventrybuildingsociety.co.uk/member/savings/all-savings.html

So went to

https://www.coventrybuildingsociety.co.uk/member/savings/closed-accounts.html

Still nothing.

Did you get an email?

RosieRooBear

Regarding Coventry, I’ve looked everywhere too & can’t find any mention of their NLA accounts interest rate reductions. I’m presuming all their accounts are dropping by 0.25% but would like to know if that includes their 6.75% Loyalty Regular Saver and their 5.6% First Home Saver Issue 1, probably does 😔. I can only see the impending rate reductions on their currently available accounts.

subjecttocontract

Surely if it doesn't say the interest rates are going down then.....they aren't going down......until they announce that they are ?

RosieRooBear

@subjecttocontract, I agree, it’s just a couple that have been mentioned that are reducing; the 7% Regular Saver and the 5.2% Triple Access; are NLA accounts but I can’t find any information that they are, so would like to know where that information came from. If they are I’m presuming we’ll be receiving emails by tomorrow.

Wheres_My_Cashback

Inside info on Coventry is irregularly posted here just before it's made official when it comes to rate changes.
It will have to be publically announced tomorrow to stay within the 14 day notification window....watch this space.

jameseonline

I've had a think, there might be a PDF link that has updated rates on, a few building societies do it, so if you know that link, keep it & refresh it might be possible to see the most up to date changes.

That's why the base rate change pages are probably most important.

In Coventry case they haven't linked to a PDF or whatever yet.