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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 15 September 2020 at 6:30PM
    liamcov 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
    Fingerbobs Posts: 1,719 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 15 September 2020 at 9:10PM
    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 ;-)
  • Probably over subscribed 
    "Look after your pennies and your pounds will look after themselves"
  • Sea_Shell
    Sea_Shell Posts: 10,051 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    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.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • schiff
    schiff Posts: 20,313 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Same date for me. Though I'll be checking on the Saturday and the Sunday, I'm expecting it on the Monday. Once this is out of the way we'll be primed from experience for when 2 and 3 mature!
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    I am a tad disappointed with Monmouthshire. A regular saver matured today, and whilst they (manually?) added the interest at some point during today, "transferred" the balance out, and closed the account, the money has not arrived in my current account. I don't now expect it until Monday. My linked account has been used before for transfers, so it's not a matter of incorrect account details.
  • colsten said:
    I am a tad disappointed with Monmouthshire. A regular saver matured today, and whilst they (manually?) added the interest at some point during today, "transferred" the balance out, and closed the account, the money has not arrived in my current account. I don't now expect it until Monday. My linked account has been used before for transfers, so it's not a matter of incorrect account details.
    As is normal with MON accounts which mature over a weekend, annual interest is added and a debit entry is made on maturity date, however additional interest will be added to the account on Monday to cover the two additional days and the funds will be transferred at that point.
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