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Regular Savings Accounts: The Best Currently Available List!

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  • masonic
    masonic Posts: 27,472 Forumite
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    DJDools said:
    masonic said:
    DJDools said:
    masonic said:
    DJDools said:
    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?
    The same happened to me; and there was no way around for the BoS. I couldn't renew it (even though the option was there — it just wouldn't let me renew) and had withdrawn £1,750…So I had to begin again the next qualifying month with the £250 regular SO.

    That doesn't sound like the correct process, as you should not need to withdraw anything until you've successfully "upgraded" to an easy access saver. At that point you don't hold a RS, and as far as the system is concerned never did, so you can apply for a new one with or without withdrawing from your upgraded account.
    Edit: or, as chris_the_bee points out upthread, for BoS you need to fully close the account and wait until the next morning to open a new one.
    I followed the process as outlined here on this MSE Forum:


    It didn't work for me.
    That's not a process I have ever used or seen before. It is not the usual method as I understand it. Most people start from step 2, then there is no risk if it doesn't work.
    It was discussed at length on pages 1 and 2 of:

    Lloyds/Bank of Scotland/Halifax regular/monthly saver limits


    As others had been successful with said process, I tried it but it didn't work for me at all.
    You'll find better information about this deep within this thread somewhere. I don't understand the suggestion to empty the RS before upgrading it. This cannot be undone if subsequent steps fail and is unnecessary. Someone mentioned the better way of doing it on page 3 of the thread you linked and that's the approach I follow and would recommend.
  • HHUK
    HHUK Posts: 253 Forumite
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    Out of interest does anyone know why you can't apply online for YBS Regulars etc?, only by post/branch, like have they actually given reasons?, are new things launching?🤔
    I have the Yorkshire Loyalty Regular eSaver 2023 and the Yorkshire Christmas Regular eSaver 2024. I applied for both either online or via their app.
  • jameseonline
    jameseonline Posts: 1,133 Forumite
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    HHUK said:
    Out of interest does anyone know why you can't apply online for YBS Regulars etc?, only by post/branch, like have they actually given reasons?, are new things launching?🤔
    I have the Yorkshire Loyalty Regular eSaver 2023 and the Yorkshire Christmas Regular eSaver 2024. I applied for both either online or via their app.
    You can't currently apply for any regulars online it's either post or branch only.

    I've got the two you mentioned plus a 5.75% Loyalty Regular.
  • schiff
    schiff Posts: 20,295 Forumite
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    ircE said:
    As I remember, Monmouthshire BS' RSAs were launched at their AGM last year. This year the AGM is next Wednesday...
    Their Issue 3 RS at 4.75% is also NLA so they have no RSs at all on offer now. Which I think supports your expectations!
  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,537 Forumite
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    edited 20 August 2024 at 4:38PM
    I've spoken to Principality.They had no info on their NLA accounts but have since sent me an email saying all accounts will reduce by 0.25%
    Thanks for waking them up 😒

    Just got my email. Reduction wef 12 September 2024 (easy access though, not a RS)
  • jameseonline
    jameseonline Posts: 1,133 Forumite
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    Might be worth noting this with YBS:

  • clowning
    clowning Posts: 132 Forumite
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    Out of interest does anyone know why you can't apply online for YBS Regulars etc?, only by post/branch, like have they actually given reasons?, are new things launching?🤔
    I have multiple accounts with YBS and all have been opened online. I wonder if it’s a new thing? 
    #66
  • OneUser1
    OneUser1 Posts: 105 Forumite
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    edited 20 August 2024 at 5:40PM
    schiff said:
    ircE said:
    As I remember, Monmouthshire BS' RSAs were launched at their AGM last year. This year the AGM is next Wednesday...
    Their Issue 3 RS at 4.75% is also NLA so they have no RSs at all on offer now. Which I think supports your expectations!
    When I look at the Monmouthshire Website I’m seeing Issue 4 Regular Saver at 4.5% being offered. Variable rate and £350 maximum deposit per month.
  • allegro120
    allegro120 Posts: 1,972 Forumite
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    edited 20 August 2024 at 6:19PM
    OneUser1 said:
    schiff said:
    ircE said:
    As I remember, Monmouthshire BS' RSAs were launched at their AGM last year. This year the AGM is next Wednesday...
    Their Issue 3 RS at 4.75% is also NLA so they have no RSs at all on offer now. Which I think supports your expectations!
    When I look at the Monmouthshire Website I’m seeing Issue 4 Regular Saver at 4.5% being offered. Variable rate and £350 maximum deposit per month.
    Probably with a view for it to stay available for a long time.  I can't imagine 4.5% RS offer to become competitive any time soon.
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