Regular Savings Accounts: The Best Currently Available List!

surreysaver

granta said:

schiff said:

I can never work out why building societies need to see the current account statement. What is it for: Are you money laundering? Can you afford to invest £250? Are you who you say you are? What can they work out from it? I know they are probably following some of the legal requirements but some common sense should be exercised; it's not a loan or mortgage where that could be reasonably adhered to. I consider my regular current account as personal and very private (and no, I don't have subs to !!!!!! sites and Al Quaeda). I've resisted every request so far without a comeback and will continue doing so.

I share your views! I just send them a statement from a current account that has virtually no transactions. M and S still send me paper statements that does nicely. 

Its a box ticking exercise. It doesn't prove anything. It just ticks a box and keeps some manager somewhere busy. 

veryintrigued

Notts BS RS
This (original) RS is having its rate reduced to 0.55% with bonus ( 0.05 without) from 1st October.

I wonder if the fantastic rate promise they made as Covid closed in is now coming to an end for all their other RS?

Edit - reading the letter it states '...we have now taken the decision to lower our savings rates...'.

Hence those with their other RS brace yourselves for a few letters in the next few days.

liamcov

veryintrigued said:

Notts BS RS
This (original) RS is having its rate reduced to 0.55% with bonus ( 0.05 without) from 1st October.

I wonder if the fantastic rate promise they made as Covid closed in is now coming to an end for all their other RS?

Edit - reading the letter it states '...we have now taken the decision to lower our savings rates...'.

Hence those with their other RS brace yourselves for a few letters in the next few days.

Yes you must be right. That's a shame. My only variable rate product with them is the RS issue 2 which is currently at 2%. I guess I'll be closing more than just the Seasonal Saver come 30 November.

JamesRobinson48

schiff said:

Chorley BS
Slick procedure when the Loyalty Season Saver matures on 31.10.2020. Form and envelope provided to roll over to the new LSS, interest rate 1.35% variable. Roll over is nominal at £1 but no doubt topping up will follow. No need to complete a full application. The balance of the matured funds paid to the nominated account - they say the same day but it's a Saturday. 

I have been expecting, but haven't yet received, this letter from the Chorley BS.  Please, is anyone else in the same boat?

veryintrigued

liamcov said:

veryintrigued said:

Notts BS RS
This (original) RS is having its rate reduced to 0.55% with bonus ( 0.05 without) from 1st October.

I wonder if the fantastic rate promise they made as Covid closed in is now coming to an end for all their other RS?

Edit - reading the letter it states '...we have now taken the decision to lower our savings rates...'.

Hence those with their other RS brace yourselves for a few letters in the next few days.

Yes you must be right. That's a shame. My only variable rate product with them is the RS issue 2 which is currently at 2%. I guess I'll be closing more than just the Seasonal Saver come 30 November.

Yes.
This RS has reduced from an overall of 1.2% (with bonus).

I can see the RS8 (2.5%), Panthers (1.5%),  Seasonal Saver (2.5%) and RS2 (2%) following suit but maybe a little later (I can hope!).

Fingerbobs

veryintrigued said:

Notts BS RS
I wonder if the fantastic rate promise they made as Covid closed in is now coming to an end for all their other RS?

The press release dated 21st April said interest rates were to be frozen for 3 months.

veryintrigued

Fingerbobs said:

veryintrigued said:

Notts BS RS
I wonder if the fantastic rate promise they made as Covid closed in is now coming to an end for all their other RS?

The press release dated 21st April said interest rates were to be frozen for 3 months.

I was aware of this.
Screenshot attached.

From the 18th ;-)

SFindlay

Monmouthshire issue 4 didn't remain on sale for long!!! 
Been withdrawn and replaced with issue 5 paying 1%.

typistretired

Probably over subscribed 

Sea_Shell

Does anyone know if Coventry's Reg Saver matures automatically over a weekend, or will it not show as an Easy Access saver until the Monday?    Mines due to mature on Saturday 26th, so I was just wondering.    Thanks.