Regular Savings Accounts: The Best Currently Available List!

allegro120

sta0612 said:

Section62 said:

allegro120 said:

WillPS said:

Interesting tidbit - apparently Beehive Money is being brought back in under The Nottingham name in the next 6 months. I think Section62 mentioned this might be happening upthread, seems to be real, and explains why the account isn't being offered in a Beehive flavour . Hopefully with it comes some online access for their branch products.

I've asked this question in branch today.  The answer was NO.  There will still be Beehive accounts running online and and Nottingham accounts will stay branch only in foreseen future.

Not what I understood to be the case, hence my speculation that there might not be a new Beehive RS account (and that they may save the budget to make a big splash when Beehive gets rebranded).

I think there is likely to be online access (at least view only) to Nottingham branch accounts via the online platform, but possibly delayed while they sort the tech out.  My understanding (primarily from AGM info) is that there has been some recognition that no online access to (nominally) branch accounts puts them well behind the curve compared to similar-sized financial services providers.  In fact the only other one in my own portfolio is Virgin Money's branch accounts, but maybe the less said about them the better.

Rebranding Beehive would effectively just reverse the change where the previous Nottingham online platform (with no access to branch accounts) was (AFAIK) renamed Beehive. But I believe this change will be more significant than just a rebrand.

I could be wrong and Beehive might still have a long and happy life ahead of it... it is also possible the future plans haven't been circulated down to the level of whoever you spoke to in branch today. Just to repeat though, what I've said is based on a little bit of fact, a little bit of history, and a little bit of speculation. I don't have insider info on what Notts are doing.

Do Virgin Money still have branch only accounts?

IIRC, I used to have a glut of Virgin Money branch-based regular savers, probably pre-CYBG takeover, but I thought they’d long since matured and I haven’t checked them in a long time.

Yes, it was before the merger, they were releasing new issues every two months and you could have as many issues as you want. I remember regular visits to branch and having a pile of Virgin passbooks . It was 3%, which was a competitive RS rate at the time.

ForumUser7

Chorley BS RS 31.08.2025

Is it £300 Per Calendar Month? Or £300 Per Account Month?

wiseonesomeofthetime

ForumUser7 said:

Chorley BS RS 31.08.2025

Is it £300 Per Calendar Month? Or £300 Per Account Month?

Cannot see anything from Chorley that definitively describes what they constitute as a month, so I would take it as a calendar month, but a phone call in the morning may clear it up for you.

At 5.15% variable, the account doesn't attract me, personally.

allegro120

allegro120 said:

WillPS said:

Interesting tidbit - apparently Beehive Money is being brought back in under The Nottingham name in the next 6 months. I think @Section62 mentioned this might be happening upthread, seems to be real, and explains why the account isn't being offered in a Beehive flavour . Hopefully with it comes some online access for their branch products.

I've asked this question in branch today.  The answer was NO.  There will still be Beehive accounts running online and and Nottingham accounts will stay branch only in foreseen future.

Notts BS.
I've also asked about weekend deposits.  I was told that the money will earn interest from the day deposits arrive, normally within two hours regardless of the day of the week.  I've sent £10 today, called them two hours later and they confirmed the money has been credited.  I will send the remaining £490 tomorrow to avoid potential block by the bank and long conversations with fraud team.  Nottingham BS is not yet part of CoP scheme yet, I was told that they will be in about 9 month's time.

allegro120

wiseonesomeofthetime said:

ForumUser7 said:

Chorley BS RS 31.08.2025

Is it £300 Per Calendar Month? Or £300 Per Account Month?

Cannot see anything from Chorley that definitively describes what they constitute as a month, so I would take it as a calendar month, but a phone call in the morning may clear it up for you.

At 5.15% variable, the account doesn't attract me, personally.

Ditto.  When I ditched my EA I've secured my membership by opening 90d notice with £1.  May be one day Chorley will offer something good, but this day hasn't come yet

ForumUser7

happybagger said:

Bridlington1 said:

Not a top one but of note for those who live/work near a branch:

Penrith BS have launched a Regular Saver 200 (Issue 2) at 5%(var)
Account can be opened in branch only.

Anyone who has an existing Penrith account *may* get this by sending a secure message through their online banking. I have managed to do that in the past; I'm not trying this one

Anyone had any luck with this this time? Wondering if it's worth a try. Penrith RS 200 Issue 2

simonsmithsays

ForumUser7 said:

happybagger said:

Bridlington1 said:

Not a top one but of note for those who live/work near a branch:

Penrith BS have launched a Regular Saver 200 (Issue 2) at 5%(var)
Account can be opened in branch only.

Anyone who has an existing Penrith account *may* get this by sending a secure message through their online banking. I have managed to do that in the past; I'm not trying this one

Anyone had any luck with this this time? Wondering if it's worth a try. Penrith RS 200 Issue 2

No - they wouldn't entertain me even though I've been a member for years and still have the 300

simonsmithsays

Notts RS rate reduced 

Via post from 30th Sep

Regular saver to 2.5% without bonus 2.9% with
Regular saver issue 2 to 2.5% without bonus 2.9% with


And also the instant access Branch flexible Saver to 2.5%

simonsmithsays

Monmouthshire RS

Exclusive RS2 interest rate notice period reduced from 30 to 14 days

Received by post

Kim_13

simonsmithsays said:

Monmouthshire RS

Exclusive RS2 interest rate notice period reduced from 30 to 14 days

Received by post

I also received my fourth of these today, three at the end of August in relation to an EA, Exclusive Issue 1 and Regular Issue 2. I assumed they’d been sent at that time as 30 days notice were required to reduce the 30 days to 14, but 1 October is only 17 days away. Interestingly, there was no date on the one received in relation to the Exclusive 2, for which they’re yet to send the passbook (which would confirm they had received the signature form.)

Also in today’s post was a maturity pack for the Hinckley and Rugby 30 Day Notice Regular Saver Issue 1. The default is an Easy Access at 2.25%, min £1.

Their loyalty offering (only available within 30 days of maturity, using funds from the maturing account only) is the Regular Saver Follow on 30 Day Notice account. It’s base rate minus 0.75% with a floor of 0.01% but only moves on 1 April and 1 November, so I might have speculatively taken it as potentially useful in a downward rate environment were it not for the condition that no further additions are allowed. There was a 1st class prepaid envelope included so it looks as though the best thing to do is to file the envelope for future use, await the EA, then withdraw balance less £1 online. A prepaid envelope likely has more value than sending off for £1 to be placed in the follow on account instead at its higher interest rate.