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Regular Savings Accounts: The Best Currently Available List!
Comments
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We're only mid-September so you've got about another month to go before I think you'll see something. If it's anything like the 1st issue it will be really straightforward to set up in the app.simonsmithsays said:Tipton Fixed Rate 31.10.24 - app only
Has anyone been contacted (a minimum of 14 days prior to maturity) regarding the maturity options as per the fact sheet?1 -
I made a withdrawal from both the Coventry and Ybs last Sunday and both arrived Monday.Descrabled said:YBS regular saver 2023I've always withdrawn from Coventry B S on a Sunday so that the money arrives in my current account on the Monday (the following working day). I presume a similar withdrawal from YBS on Sunday will mean the money will arrive on Monday.I dislike these building societies that make me wait an extra day to receive my payment. I intend keeping only a small balance in YBS from now on so that I can make use of the debit card payments for the Halifax £5s.2 -
MonBSpecunianonolet said:
Got the same pack through the post with Monmouthshire. Can you provide maturity options online so when it matures on the 2nd October it gets moved away the same day?Kim_13 said:Hardly used the account as the Monmouthshire Regular offered the same rate with unlimited withdrawals, and paid into some 6%+ fixes first as I didn’t expect 7% to hold through the term. £3.08, what will I spend all that on?
I had read of the YBS adjustment here before. Would we be OK to withdraw tomorrow (mine says matures in one day) or is the quirk such that savers ought to wait until Friday?
EDIT: Monmouthshire Issue 2 maturity pack just arrived. Nothing exciting except a prepaid envelope. I had initially thought I’d get the Exclusive Issue 2 with these proceeds but now glad that I changed my mind and applied as it was reported NLA a few days ago. Letter dated 13th September for a 2nd October maturity.My code didn't work. Asked about maturity options, but was told I could apply for their other accounts once matured, so don't think there are any exclusives. The interest is added on account maturity day, but the funds are only available for transfer the (next working?) day after. Mine matured on 16th, interest added same day, but funds only available for transfer etc on 17th, at which point the account had 'matured' into an easy saver account. MonBS has a daily cut-off time for withdrawals at 2pm — mine was before this today and was received after 3pm same day.0 -
Stargunner said:
You don’t need the code and you don’t need to send the form back with your passbook. When the RS matures to an EA account you can withdraw your money to a linked current account the same day.WillPS said:pecunianonolet said:
Got the same pack through the post with Monmouthshire. Can you provide maturity options online so when it matures on the 2nd October it gets moved away the same day?Kim_13 said:Hardly used the account as the Monmouthshire Regular offered the same rate with unlimited withdrawals, and paid into some 6%+ fixes first as I didn’t expect 7% to hold through the term. £3.08, what will I spend all that on?
I had read of the YBS adjustment here before. Would we be OK to withdraw tomorrow (mine says matures in one day) or is the quirk such that savers ought to wait until Friday?
EDIT: Monmouthshire Issue 2 maturity pack just arrived. Nothing exciting except a prepaid envelope. I had initially thought I’d get the Exclusive Issue 2 with these proceeds but now glad that I changed my mind and applied as it was reported NLA a few days ago. Letter dated 13th September for a 2nd October maturity.My wife's Exclusive Issue 1 saver matured yesterday. Code didn't work but sending the paper copy in (with passbook, a good reason you should keep hold of it!) and instructions had it paid in to the specified account, no bother.Funds arrived the day after maturity.So long as your web access is working; my wife's isn't and in general I wouldn't rely on it. There's a reason they request maturity instructions in advance.0 -
The Bank of England will be holding their next Monetary Policy Committee meeting tomorrow. I therefore thought now would be a good time to post the final version of my list of regular saver interest rate changes since 1/8/24.
I've now added a list of regular savers that are yet to declare what they're doing with their regular saver interest rates as a result of the BOE base rate cut from 5.25% to 5%.
These lists only include accounts that had been launched prior to 1/8/24. Regular savers launched since then haven't been listed.
Information is correct as of 18/9/24 and shall not be updated.
For ease of reference a link to this post has been added to the Archived List of Regular Saver Ts&Cs thread.
Regular Saver Interest Rate Changes Announced Since The BOE Base Rate Fell From 5.25% To 5% On 1/8/24 and 12/9/24:Account Old rate New rate Date Aldermore Regular Saver Account Issue 1 5.25% NO CHANGE 03/09/24 Bath BS 16-25 Regular Saver 7.49% 7.29% 01/10/24 Bath BS Homestart Regular Saver 4.89% 4.74% 01/10/24 Bath BS The Regular Saver 4.39% 4.24% 01/10/24 Buckinghamshire BS Regular Saver 4.00% 3.75% 01/09/24 Buckinghamshire BS Regular Saver Locals 4.40% 4.15% 01/09/24 Co-operative Bank Regular Saver 7.00% NO CHANGE 16/10/24 Coventry BS Children's Regular Saver 4.65% 4.40% 02/09/24 Coventry BS Colleague Regular Saver 5.50% 5.25% 02/09/24 Coventry BS First Home Saver 5.60% 5.35% 02/09/24 Coventry BS First Home Saver 5.60% 5.35% 02/09/24 Coventry BS First Home Saver (2) 5.05% 4.80% 02/09/24 Coventry BS Loyalty Regular Saver 7.00% 6.75% 02/09/24 Coventry BS Loyalty Regular Saver (2) 6.75% 6.50% 02/09/24 Coventry BS Regular Saver 5.05% 4.80% 02/09/24 Coventry BS Regular Saver (5) 5.50% 5.25% 02/09/24 Coventry BS Regular Saver (6) 5.00% 4.75% 02/09/24 Coventry BS Regular Saver ISA 5.05% 4.80% 02/09/24 Cumberland BS Cumberland Regular Saver 5.25% 5.20% 02/10/24 Cumberland BS First Home Saver – Issue 2 4.35% 4.30% 02/10/24 Darlington BS 12 Month RS 5.10% 5.10% 01/09/24 Darlington BS Green Regular Saver 4.20% 3.95% 01/09/24 Darlington BS High Days & Holidays Saver 4.15% 3.80% 01/09/24 Darlington BS regular esaver 4.20% 3.95% 01/09/24 Darlington BS regular saver 4.20% 3.95% 01/09/24 Darlington BS Special Occasion Saver 4.20% 3.95% 01/09/24 Dudley BS One Year Regular Saver Issue 8 4.40% 4.15% 12/09/24 Dudley BS One Year Regular Saver Online Issue 3 4.40% 4.15% 12/09/24 Hanley Economic Online Regular Saver 5.50% NO CHANGE 01/09/24 HRBS Regular Saver 30 Day Notice 5.25% 5.00% 24/08/24 HRBS Regular Saver 30 Day Notice Issue 2 5.10% 4.85% 24/08/24 Leeds BS Home Deposit Saver 5.15% NO CHANGE 27/09/24 Leeds BS Regular Saver (Issue 33-54) 5.25% 5.10% 27/09/24 Leeds BS Regular Saver Issue 55 5.10% NO CHANGE 27/09/24 Leek BS Homebuyers Regular Savings 3.80% 3.55% 02/09/24 Leek BS Regular Saver Account Issue 1 & 2 3.80% 3.55% 02/09/24 Leek BS Regular Saver Account Issue 3 5.25% 5.00% 02/09/24 Loughborough BS Limited Access Monthly Saver 4.75% NO CHANGE 17/09/24 Loughborough BS Regular Monthly Saver Account 2.50% NO CHANGE 17/09/24 Mansfield BS Bonus Regular Savings Issue 8 6.10% 5.85% 01/09/24 Mansfield BS Kick Start Regular Savings Issue 7 (after 1Y only, before 1Y fixed a4 6.1%) 4.25% 4.00% 01/09/24 Mansfield BS Regular Savings (2nd issue) 4.25% 4.00% 01/09/24 Mansfield BS Regular Savings (3rd- 6th issues, including 150th anniversary issue) 4.25% 4.00% 01/09/24 Mansfield BS Regular Savings 30 (1st issue) 4.50% 4.25% 01/09/24 Mansfield BS Young Regular Saver (1st and 2nd issue) 4.75% 4.50% 01/09/24 Mansfield BS Young Regular Saver (3rd issue) 4.75% 4.50% 01/09/24 Market Harborough BS Member Monthly Saver 3.75% NO CHANGE 01/09/24 Monmouthshire BS Exclusive Regular Saver 8.00% 7.75% 30/09/24 Monmouthshire BS Regular Saver Issue 2 7.00% 6.75% 30/09/24 Monmouthshire BS Regular Saver Issue 3 4.75% 4.50% 30/09/24 Nationwide Flex Regular Online Saver 5.00% NO CHANGE 01/11/24 Nationwide Flex Regular Saver Issue 2 8.00% NO CHANGE 01/11/24 Nationwide Flex Regular Saver Issue 3 6.50% NO CHANGE 01/11/24 Nationwide Flexclusive Regular Saver 2 5.00% NO CHANGE 01/11/24 Natwest Digital Regular Saver (headline only) 6.17% 6.17% 29/08/24 Newbury Home Saver 4.25% 4.00% 12/09/24 Penrith BS Junior Affinity Regular Saver 4.70% NO CHANGE 01/10/24 Penrith BS Regular Saver 200 4.00% NO CHANGE 01/10/24 Penrith BS Regular Saver 200 Issue 2 5.00% NO CHANGE 01/10/24 Penrith BS Regular Saver 300 6.00% NO CHANGE 01/10/24 Principality BS 1 Year Triple Access Regular Saver 6.00% 5.75% 12/09/24 Principality BS Dylan Young Saver 4.00% 3.75% 12/09/24 Principality BS First Home Steps Account 5.25% 5.00% 12/09/24 Principality BS First Home Steps Account Issue 2 5.25% 5.00% 12/09/24 Principality BS First Home Steps Account Issue 3 5.25% 5.00% 12/09/24 Principality BS First Home Steps Account Issue 4 5.25% 5.00% 12/09/24 Principality BS First Home Steps Online 5.25% 5.00% 12/09/24 Principality BS First Home Steps Online Issue 2 5.25% 5.00% 12/09/24 Principality BS First Home Steps Online Issue 3 5.25% 5.00% 12/09/24 Principality BS Gift Saver 4.60% 4.35% 12/09/24 Principality BS Learner Earner (Issue 1 & 2) 5.75% 5.50% 12/09/24 Principality BS Learner Earner Issue 3 4.70% 4.45% 12/09/24 Principality BS NHS Thank You Online Saver 4.20% 3.95% 12/09/24 Principality BS NHS Thank You Saver 4.20% 3.95% 12/09/24 Principality BS School Staff Saver 4.45% 4.20% 12/09/24 Principality BS Thank You Online Saver (Issues 1 to 4) 4.45% 4.20% 12/09/24 Principality BS Thank You Saver (Issues 1 to 4) 4.45% 4.20% 12/09/24 Progressive BS Clockwork Regular ISA Saver (Issue 1) 4.00% 3.75% 02/09/24 Progressive BS Clockwork Regular ISA Saver (Issue 2) 4.00% 3.75% 02/09/24 Progressive BS Clockwork Regular Saver (Issue 1) 4.00% 3.75% 02/09/24 Progressive BS Clockwork Regular Saver (Issue 2) 4.00% 3.75% 02/09/24 Progressive BS First Home Saver 4.00% 3.75% 02/09/24 Progressive BS Online Regular Rainy Day Saver 7.00% NO CHANGE 02/09/24 RBS Digital Regular Saver (headline only) 6.17% 6.17% 29/08/24 Saffron BS 12 Month Members Regular Saver 5.25% 5.00% 30/08/24 Saffron BS Small Saver 5.75% 5.50% 30/08/24 Skipton Home Deposit Saver Issue 1 5.06% NO CHANGE 02/09/24 Stafford Railway BS Regular Saver 5.15% NO CHANGE 01/09/24 Suffolk BS Holiday Saver 5.15% 4.90% 02/09/24 Suffolk BS Online 1 Year Variable Rate Regular Saver (30.09.2025) 5.15% NO CHANGE 02/09/24 Suffolk BS Smart Save Monthly Saver 5.15% 4.90% 02/09/24 Suffolk BS Variable Rate Regular Saver (31.05.2026) 5.00% NO CHANGE 02/09/24 Suffolk BS Variable Rate Regular Saver (31.12.2025) 5.00% NO CHANGE 02/09/24 Vernon Online Regular Saver 6.50% NO CHANGE 01/09/24 West Brom Access Regular Saver 3.60% 3.35% 16/09/24 YBS Christmas 2024 Regular Saver/eSaver 6.00% NO CHANGE 06/09/24 YBS First Home Saver/eSaver 5.00% 4.90% 06/09/24 YBS Loyalty 2023 Regular Saver/eSaver 7.00% NO CHANGE 06/09/24 YBS Loyalty Regular Saver/eSaver 5.75% 5.65% 06/09/24 YBS Regular Saver/eSaver 5.25% 5.05% 06/09/24
Regular Savers That Failed To Announce Interest Rate Changes After The BOE Base Rate Fell From 5.25% To 5% On 1/8/24:Account Rate Beverley BS Monthly Saver 4.25% Chorley BS Regular Saver (all issues) 5.15% Ecology BS Regular Savings Account 4.25% Furness BS 1 Year Regular Saver 4.75% Furness BS Christmas Regular Saver Issue 1 6.00% Gatehouse Bank Regular Monthly Saver 7.00% Gatehouse Bank Regular Monthly Saver Issue 2 5.30% Melton BS Jubilee Regular Saver 2.70% Melton BS Regular Saver 2.35% Melton BS Regular Saver 4 5.50% Melton BS Regular Saver 5 5.00% Melton BS Regular Saver ISA 5.00% Melton BS Regular Saver Issue 2 1.50% Melton BS Regular Saver Issue 3 5.00% 35 -
PloughmansLunch said:
We're only mid-September so you've got about another month to go before I think you'll see something. If it's anything like the 1st issue it will be really straightforward to set up in the app.simonsmithsays said:Tipton Fixed Rate 31.10.24 - app only
Has anyone been contacted (a minimum of 14 days prior to maturity) regarding the maturity options as per the fact sheet?
What a spanner I am!PloughmansLunch said:
We're only mid-September so you've got about another month to go before I think you'll see something. If it's anything like the 1st issue it will be really straightforward to set up in the app.simonsmithsays said:Tipton Fixed Rate 31.10.24 - app only
Has anyone been contacted (a minimum of 14 days prior to maturity) regarding the maturity options as per the fact sheet?
Appreciate this.
I best reintroduce that s.o.
:-)0 -
£246.81 for me.Speculator said:YBS Loyalty Regular eSaver matures in 1 day and interest (£246.45) just added today.
Not totally sure why the transactions list in app shows that as Transfer £246.81 and gross interest £6246.81 for 1 entry & also withdrawal of - £0.00 with tax paid £6246.81 as another but ok.
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I think that they send out the maturity options in advance to try to encourage you to transfer your RS on maturity to another one of their savings products. Their web access has been very reliable for me.WillPS said:Stargunner said:
You don’t need the code and you don’t need to send the form back with your passbook. When the RS matures to an EA account you can withdraw your money to a linked current account the same day.WillPS said:pecunianonolet said:
Got the same pack through the post with Monmouthshire. Can you provide maturity options online so when it matures on the 2nd October it gets moved away the same day?Kim_13 said:Hardly used the account as the Monmouthshire Regular offered the same rate with unlimited withdrawals, and paid into some 6%+ fixes first as I didn’t expect 7% to hold through the term. £3.08, what will I spend all that on?
I had read of the YBS adjustment here before. Would we be OK to withdraw tomorrow (mine says matures in one day) or is the quirk such that savers ought to wait until Friday?
EDIT: Monmouthshire Issue 2 maturity pack just arrived. Nothing exciting except a prepaid envelope. I had initially thought I’d get the Exclusive Issue 2 with these proceeds but now glad that I changed my mind and applied as it was reported NLA a few days ago. Letter dated 13th September for a 2nd October maturity.My wife's Exclusive Issue 1 saver matured yesterday. Code didn't work but sending the paper copy in (with passbook, a good reason you should keep hold of it!) and instructions had it paid in to the specified account, no bother.Funds arrived the day after maturity.So long as your web access is working; my wife's isn't and in general I wouldn't rely on it. There's a reason they request maturity instructions in advance.0 -
CO-OP RS
Looking to apply for this. Don’t hold any accounts with them and aware I need a current account first. Once I’ve applied for the current account, can I apply for the RS straight away or do they have any slow/manual processing or codes in the post please? ThanksIf you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.0 -
Not sure what they are like these days but yes you need the current account 1st to be eligible for the regular saver.ForumUser7 said:CO-OP RS
Looking to apply for this. Don’t hold any accounts with them and aware I need a current account first. Once I’ve applied for the current account, can I apply for the RS straight away or do they have any slow/manual processing or codes in the post please? Thanks
In theory it should be quick to open once you are setup with the current account.
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