Regular Savings Accounts: The Best Currently Available List!

Bridlington1

WillPS said:

MonBS, can't see in the account terms but it must be in there - does the 12 month term begin after the first deposit, or the day the account was opened?

Date of first deposit.

liamcov

My Monmouthshire maturity letter says if I want to withdraw to my nominated account (which they should already have details of) I need to send a original/certified copy of bank statement - any way around this?

liamcov

liamcov said:

Re Coventry rate reductions and accounts with 30 days interest penalty for withdrawals - is this wavered in this situation?

Does anyone know?

subjecttocontract

liamcov said:

My Monmouthshire maturity letter says if I want to withdraw to my nominated account (which they should already have details of) I need to send a original/certified copy of bank statement - any way around this?

I have no idea why your options are different to mine.
Mine says if I do nothing my account will be transferred into an Easy Saver issue 1 @ 3.5% which will provide me with instant access to my matured funds.
Suggest you recheck your maturity letter.

Kim_13

liamcov said:

My Monmouthshire maturity letter says if I want to withdraw to my nominated account (which they should already have details of) I need to send a original/certified copy of bank statement - any way around this?

Withdraw to an EA that already has the bank account set up on it, if you have one? Ridiculous that they won’t accept a PDF, though they aren’t the only ones. I guess Mon BS doesn’t have a secure upload facility, either. It has meant me selecting nominated accounts based on having/being able to get a paper statement, when I would prefer to use them roughly equally.

If you have an EA, go to the withdraw options to see what options it gives you and whether the nominated account is there as expected.

chris_the_bee

subjecttocontract said:

liamcov said:

My Monmouthshire maturity letter says if I want to withdraw to my nominated account (which they should already have details of) I need to send a original/certified copy of bank statement - any way around this?

I have no idea why your options are different to mine.
Mine says if I do nothing my account will be transferred into an Easy Saver issue 1 @ 3.5% which will provide me with instant access to my matured funds.
Suggest you recheck your maturity letter.

You are both correct. The form accompanying your maturity letter has an option to withdraw to your nominated account. If this has definitely been set up, then you just fill in the details, but no need to send any bank statements.

The maturity letter does say that If you do nothing, then the account will be transferred into an Easy Saver issue 1.

Bridlington1

Leeds BS Regular Saver Issue 56 has now been launched, it's worth noting that the rate on this issue is 5.1% (down from the 5.25% which was offered on previous issues).

jd84

liamcov said:

liamcov said:

Re Coventry rate reductions and accounts with 30 days interest penalty for withdrawals - is this wavered in this situation?

Does anyone know?

All the emails I've had stated

We understand that you want the best possible return on your savings. If you decide to close your account because of this rate change, you can do so without notice, charge, or loss of interest within 30 days of the effective date. After this, normal account closure conditions will apply. 

simonsmithsays

ForumUser7 said:

ForumUser7 said:

simonsmithsays said:

Mansfield Kick Start RS (7th edition) bonus ending 

Paperwork received confirming reduction on the 17/9 from 6.1% to 4.25 and then 4%.

They've waived the 90 day penalty if you've made 2 free withdrawals already if you transfer to any of their other products within 14 days.

I haven't looked at the other products yet and not explored if this means you can transfer a little of the your Kick Start funds as I haven't used any of two my penalty free withdrawals yet.

They can’t do that - it’s fixed for the first 12 months isn’t it?

Unless perhaps you opened it on 17/09/2023 - I only got it in December but normally open as soon as things release

This......

Bridlington1

Just a reminder that there are a fair few regular saver interest rate reductions coming into effect today and tomorrow. These are as follows:

1/9/24:

Account	Old rate	New rate
Buckinghamshire BS Regular Saver	4.00%	3.75%
Darlington BS Green Regular Saver	4.20%	3.95%
Darlington BS High Days & Holidays Saver	4.15%	3.80%
Darlington BS regular esaver	4.20%	3.95%
Darlington BS regular saver	4.20%	3.95%
Darlington BS Special Occasion Saver	4.20%	3.95%
Mansfield BS Bonus Regular Savings Issue 8	6.10%	5.85%
Mansfield BS Kick Start Regular Savings Issue 7 (after 1Y only, before 1Y fixed a4 6.1%)	4.25%	4.00%
Mansfield BS Regular Savings (2nd issue)	4.25%	4.00%
Mansfield BS Regular Savings (3rd- 6th issues, including 150th anniversary issue)	4.25%	4.00%
Mansfield BS Regular Savings 30 (1st issue)	4.50%	4.25%
Mansfield BS Young Regular Saver (1st and 2nd issue)	4.75%	4.50%
Mansfield BS Young Regular Saver (3rd issue)	4.75%	4.50%

2/9/24:

Account	Old rate	New rate
Coventry BS Children's Regular Saver	4.65%	4.40%
Coventry BS Colleague Regular Saver	5.50%	5.25%
Coventry BS First Home Saver	5.60%	5.35%
Coventry BS First Home Saver	5.60%	5.35%
Coventry BS First Home Saver (2)	5.05%	4.80%
Coventry BS Loyalty Regular Saver	7.00%	6.75%
Coventry BS Loyalty Regular Saver (2)	6.75%	6.50%
Coventry BS Regular Saver	5.05%	4.80%
Coventry BS Regular Saver (5)	5.50%	5.25%
Coventry BS Regular Saver (6)	5.00%	4.75%
Coventry BS Regular Saver ISA	5.05%	4.80%
Leek BS Regular Saver Account Issue 1 & 2	3.80%	3.55%
Leek BS Regular Saver Account Issue 3	5.25%	5.00%
Suffolk BS Holiday Saver	5.15%	4.90%
Suffolk BS Smart Save Monthly Saver	5.15%	4.90%