Regular Savings Accounts: The Best Currently Available List!

drphila

[Deleted User] said:

Do you think in 12 months time we'll be rushing to get in quickly on 2.5/3% savings accounts? Did regular savers go that low or lower previously?

Your new interest rate at a glance

From 1 March 2022, we have increased the variable rate on your account by 0.10% gross p.a.

Current rates Annual Balance AER*/Gross p.a. £0.01 plus 1.05% New rates from  1 March 2022 Annual Balance AER/Gross p.a. £0.01 plus 1.15%

And they charged you a month's interest for withdrawals prior to maturity!

dcs34

Market Harborough BS Fixed Term Regular Saver (30.11.2025)

Seeking clarification on when the interest will be paid, if anyone already knows the answer, before bothering a (probably overwhelmed!) generous BS.

The product summary says: "Annual interest paid on maturity"

The interest summary says: "Interest is calculated daily and may be visible on your account from the 24th of the month. This won’t be available to you until the due date of the last working day of the applicable month."

The former suggests that interest will be paid on 30/11/2025; but it might also imply an additional payment to be made on the 1-year anniversary of opening the account (i.e. at the first annum), or possibly on 30/11/2024. Meanwhile the latter suggests interest is paid monthly on the last working day of each month - or is "the month" / "the applicable month" November 2025 specifically?

It doesn't really affect too much as no access is permitted until maturity either way, but based on the confusion caused by HMRC rules on interest that is "paid" even if not "accessible" for multi-year fixed rate savers, some could be affected if interest payments are made across two separate tax years (i.e. monthly payments is the approach). 

35har1old

s71hj said:

Digital_Payback said:

Same happened me. 

Turn your phone sideways to landscape mode. 

It then works. Apply button on right hand side. 

Still didn't work for me but did it OK on my laptop. The maddest set of security questions I've ever seen.  I have no hero, no favourite car and favourite film is too many characters and has a space, as 2 words. Just had to make random stuff up and write it down!

Only one I haven't seen before is the hero.
Do you not drive then?
Could have ignored the space

Kim_13

I interpreted the 24th reference as standard practice if the account had a monthly interest option, not applying to this account. There was no option for monthly on the application and I’ve never had a monthly option that I didn’t actively select. 

I expect interest either on 26/9/25 (as I opened it yesterday) and 30/11/25, or all on 30/11/25. As it’s all in 25/26 either way, it didn’t bother me, though the award for the worst drafting of RS terms might well go to MHBS. I wouldn’t be surprised to see those phoning them advised differently based on who they speak to, presumably the CS will just pull up a copy of the terms and advise their own interpretation of them.

surreysaver

35har1old said:

s71hj said:

Digital_Payback said:

Same happened me. 

Turn your phone sideways to landscape mode. 

It then works. Apply button on right hand side. 

Still didn't work for me but did it OK on my laptop. The maddest set of security questions I've ever seen.  I have no hero, no favourite car and favourite film is too many characters and has a space, as 2 words. Just had to make random stuff up and write it down!

Only one I haven't seen before is the hero.
Do you not drive then?
Could have ignored the space

I don't drive. Its more secure if you just make random stuff up anyway. 

35har1old

roked said:

Thanks @35har1old for the nice find with MHBS.
Just tried to apply and I was told it needs to be reviewed and they will come back to me. Not sure if its because it is out of hours or it does not like something on my application. Hopefully sorted in the morning. 

Might ask for driving licence or passport upload followed by selfie I posted it before applying and I was unlucky and had to do the above took sometime to get selfie to load wasn't successfully to this afternoon 

35har1old

trickydicky14 said:

BonettiRules said:

gt94sss2 said:

Bigwheels1111 said:

Hattie627 said:

Market Harborough BS

The name of the account is "Fixed Tern Regular Saver (30.11.2025)" (this is what I applied for) but it is showing as One Year Regular Saver on my online list. No reference to the interest rate in the account details either.  Is this okay?

I can't fund until tomorrow as CoP not recognising the details. 

 

It will not show up for CoP as money goes into a Barclay Bank account.

Quite a few of my regular savers have this issue.

Gatehouse bank are the same.

All banks and building societies have to support confirmation of payee by the end of October 2024 including those who have their own sort code and/or rely on customers quoting their account/roll number in the reference field.

Gatehouse and Market Harborough have both already implemented COP support 

@bigwheels MarketHarbs are part of Cop and have been since May I think, they were quick to join.   If you don't get a COP match after waiting 24 hours (as per email) then DON'T send the money!!

My Halifax account was fine with sending money to Market Harbs no issues with Cop. Money arrived within 2 hours.

BOS wasn't 

35har1old

fonesaver said:

pecunianonolet said:

RolloTomasi68 said:

Are there any RS accounts that accept a debit card payment or is it only YBS?

(to get my £5 Halifax Reward).

Thanks.

Skipton BS works, although not sure about their reg saver or you can make a debit card payment and buy some premium bonds and once cleared withdraw the money from NS&I again if you don't want the bonds.

Also Leeds BS and Progressive BS accept debit cards

Is the Leeds not only for the first payment 

35har1old

surreysaver said:

35har1old said:

s71hj said:

Digital_Payback said:

Same happened me. 

Turn your phone sideways to landscape mode. 

It then works. Apply button on right hand side. 

Still didn't work for me but did it OK on my laptop. The maddest set of security questions I've ever seen.  I have no hero, no favourite car and favourite film is too many characters and has a space, as 2 words. Just had to make random stuff up and write it down!

Only one I haven't seen before is the hero.
Do you not drive then?
Could have ignored the space

I don't drive. Its more secure if you just make random stuff up anyway. 

Usally add figures

Kim_13

surreysaver said:

35har1old said:

s71hj said:

Digital_Payback said:

Same happened me. 

Turn your phone sideways to landscape mode. 

It then works. Apply button on right hand side. 

Still didn't work for me but did it OK on my laptop. The maddest set of security questions I've ever seen.  I have no hero, no favourite car and favourite film is too many characters and has a space, as 2 words. Just had to make random stuff up and write it down!

Only one I haven't seen before is the hero.
Do you not drive then?
Could have ignored the space

I don't drive. Its more secure if you just make random stuff up anyway. 

I can drive but I still found the car question bizarre - it implies make and model and the majority would be more than the character limit (10?) Same with the film. I imagine most people don’t have a hero as such.