Regular Savings Accounts: The Best Currently Available List!

chris_the_bee

Middle_of_the_Road said:

mattojgb said:

jameseonline said:

Savings Round Up:

New Regulars:

6.25% Coventry Rainy Day (£150 a month, 1 year)
https://www.coventrybuildingsociety.co.uk/member/product/savings/easy_access/sunny-day-saver.html

Savings Week Launches:

*8% YBS (£50 a month, 1 year)*NOT LIVE YET*

7% HSBC (£250 a month, 1 year)
https://www.hsbc.co.uk/savings/products/regular-saver/

6% Nottingham (£500 a month, 1 year)
https://www.thenottingham.com/savings/products/branch-regular-saver

6% Melton (£200 a month, 2 years)
https://www.themelton.co.uk/regular_savings/regular-saver-6/

Next update whenever a flurry of accounts come along? 😁.

In seriousness would anyone appreciate an update in here or a separate thread?, thinking a here's what you may have missed thing could become a new project.

Plus the Loughborough Retirement Saver for over 55s. 5.5% £500 5 years 

Thanks, not seen this before.

Max £550 per month. Max balance £33,000.

https://www.theloughborough.co.uk/savings/limited-access/five-year-retirement-monthly-saver

Loughborough
However, no online access (yet)

allegro120

chris_the_bee said:

Middle_of_the_Road said:

mattojgb said:

jameseonline said:

Savings Round Up:

New Regulars:

6.25% Coventry Rainy Day (£150 a month, 1 year)
https://www.coventrybuildingsociety.co.uk/member/product/savings/easy_access/sunny-day-saver.html

Savings Week Launches:

*8% YBS (£50 a month, 1 year)*NOT LIVE YET*

7% HSBC (£250 a month, 1 year)
https://www.hsbc.co.uk/savings/products/regular-saver/

6% Nottingham (£500 a month, 1 year)
https://www.thenottingham.com/savings/products/branch-regular-saver

6% Melton (£200 a month, 2 years)
https://www.themelton.co.uk/regular_savings/regular-saver-6/

Next update whenever a flurry of accounts come along? 😁.

In seriousness would anyone appreciate an update in here or a separate thread?, thinking a here's what you may have missed thing could become a new project.

Plus the Loughborough Retirement Saver for over 55s. 5.5% £500 5 years 

Thanks, not seen this before.

Max £550 per month. Max balance £33,000.

https://www.theloughborough.co.uk/savings/limited-access/five-year-retirement-monthly-saver

Loughborough
However, no online access (yet)

Lack of online access puts me off but thinking more rationally I don't really need it.  Not long ago online access didn't exist and I managed to open RSs by visiting branches.  Once opened you just need to pay in and collect your money at the end of term.  The awkward element was collecting £3k+ in BS branch and depositing it to current account in bank, but there's no need for this anymore. 
I've looked at website and discovered that they have a branch 8 miles away from where I am, might just go there and open this account.

castle96

5.5% DOESNT SAY ANYWHERE....FIXED OR VAR?

flaneurs_lobster

castle96 said:

5.5% DOESNT SAY ANYWHERE....FIXED OR VAR?

I think you'll find that it does (assuming you mean The Loughborough 5yr RS)

What is the Interest Rate?

Interest is variable and the rate is currently 5.50% Gross/AER*.

Bridlington1

jameseonline said:

poolboy said:

Thanks for HSBC tip, I m applying now, much appreciated.

The yorkshire building society 50 gbp 8% application is open wednesday, I couldn't see it online so popped into their branch.  Technical difficulties apparently

Yeah tech difficulties, Bridlington rang them earlier, I asked on their webchat earlier they didn't know when it would be, will try on Wednesday then, thanks

Edit: Bridlington got told tomorrow (Tues), I'll try tomorrow then Wednesday 🤣

To be fair I rang them fairly early on in the day so my suspicion from the available info is that they were planning to launch it tomorrow but have since ran into further technical issues and decided to delay the launch by another day till Wednesday, with the possibility of further delays from there.

jameseonline

Bridlington1 said:

jameseonline said:

poolboy said:

Thanks for HSBC tip, I m applying now, much appreciated.

The yorkshire building society 50 gbp 8% application is open wednesday, I couldn't see it online so popped into their branch.  Technical difficulties apparently

Yeah tech difficulties, Bridlington rang them earlier, I asked on their webchat earlier they didn't know when it would be, will try on Wednesday then, thanks

Edit: Bridlington got told tomorrow (Tues), I'll try tomorrow then Wednesday 🤣

To be fair I rang them fairly early on in the day so my suspicion from the available info is that they were planning to launch it tomorrow but have since ran into further technical issues and decided to delay the launch by another day till Wednesday, with the possibility of further delays from there.

Ahh well, tomorrow is another day, hopefully YBS will sort things out soon like they did with the other savings accounts 🙂👍

allegro120

Bridlington1 said:

jameseonline said:

poolboy said:

Thanks for HSBC tip, I m applying now, much appreciated.

The yorkshire building society 50 gbp 8% application is open wednesday, I couldn't see it online so popped into their branch.  Technical difficulties apparently

Yeah tech difficulties, Bridlington rang them earlier, I asked on their webchat earlier they didn't know when it would be, will try on Wednesday then, thanks

Edit: Bridlington got told tomorrow (Tues), I'll try tomorrow then Wednesday 🤣

To be fair I rang them fairly early on in the day so my suspicion from the available info is that they were planning to launch it tomorrow but have since ran into further technical issues and decided to delay the launch by another day till Wednesday, with the possibility of further delays from there.

They will launch it soon and I think it will stay on the shelf for much longer than the MonBS's 7%er in August last year.  YBS is a relatively large provider and it's only £50 p/m per head, so I think everyone who is the ball will be able to get their slice

 

jameseonline

jameseonline said:

Just thinking it will be nice to see HSBC enter the 7% zone next to First Direct, CO OP & Skipton on Regular Savings page (1 less 5% account to have listed & maybe puts a bit of pressure on others to up their game), same as YBS next to Principality under the open to all section.

https://www.moneysavingexpert.com/savings/best-regular-savings-accounts/

(It was only updated the other day, guess someone will have to update it again soon😁)

HSBC has been bumped up on the MSE page😊

Hattie627

Dang, I switched out my HSBC Advance current account for a switching bonus a few months ago. I'd had the account for 8 years just for the associated RS but reckoned that the RS was likely to remain stuck in non-competitive territory

Bad move. I might try to open another but not feeling I want the hassle at the moment. Plenty more going on in RS land.

Hattie627

Regarding Loughborough BS, I've had two of their RS's in the past. Once set up, I honestly can't say that I found the lack of internet access a problem. The problem was that they launched RS's with enticing rates, longer lasting than usual and high monthly maximum contribution levels but didn't maintain the rates even when base rate didn't change.