Regular Savings Accounts: The Best Currently Available List!

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.

granta

Bank of Scotland Regular Saver - renewal

I've been able to use the 'renewal' process successfully to close and re-open my Lloyds and Halifax regular savers. However, this approach doesn't work for the BoS one. I just keep getting the 'something's gone wrong' page after trying many times on both the Halifax and BoS online pages whilst logged in.

Is this other people's experiences or is there a way around this please?

Thomas_Crown

jameseonline said:

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?

I got a letter in the post for the Loyalty Regular Saver and a separate letter for the Triple Access Saver (Online). The interest rate on both accounts is reducing by 0.25% so I presume that all the variable rate accounts will see the same reduction.

chris_the_bee

granta said:

Bank of Scotland Regular Saver - renewal

I've been able to use the 'renewal' process successfully to close and re-open my Lloyds and Halifax regular savers. However, this approach doesn't work for the BoS one. I just keep getting the 'something's gone wrong' page after trying many times on both the Halifax and BoS online pages whilst logged in.

Is this other people's experiences or is there a way around this please?

Bank of Scotland Regular Saver - renewal
Select the account, then More Actions, then Account Services, then Close Account. There must be less than £5 in the account, if not, you need to reduce it. Then you can close the RS. I think you have to wait for an overnight run before you can open a new one.