Regular Savings Accounts: The Best Currently Available List!

colsten

Chorley Loyalty Seasonal Saver Issue 2 1.35% variable, max £250/mth

will become available from December 1 2020
matures November 30 2021
existing customers only
apply in Branch or by Post

granta

typistretired said:

Coventry Regular Saver matures into an Esaver so check your account

Thanks...it's still showing as a regular saver so just wondered it became an esaver today or tomorrow (day after maturity date)?

quirkydeptless

granta said:

typistretired said:

Coventry Regular Saver matures into an Esaver so check your account

Thanks...it's still showing as a regular saver so just wondered it became an esaver today or tomorrow (day after maturity date)?

It becomes an Easy Access Saver the day after maturity and you will see the interest added. Don't withdraw before then as you might trigger the early withdrawal penalty!

arsenalboy

colsten said:

Chorley Loyalty Seasonal Saver Issue 2 1.35% variable, max £250/mth

will become available from December 1 2020
matures November 30 2021
existing customers only
apply in Branch or by Post

Confused, very confused!!
I have Issue 1 which matures at end of October and have received maturity pack. Enclosed was an invitation for a new issue which is also called issue 1 which matures on 31 Oct 2021.
Are they running 2 new issues?

veryintrigued

arsenalboy said:

colsten said:

Chorley Loyalty Seasonal Saver Issue 2 1.35% variable, max £250/mth

will become available from December 1 2020
matures November 30 2021
existing customers only
apply in Branch or by Post

Confused, very confused!!
I have Issue 1 which matures at end of October and have received maturity pack. Enclosed was an invitation for a new issue which is also called issue 1 which matures on 31 Oct 2021.
Are they running 2 new issues?

Yes.

Same rate - slightly different maturity.

Issue 1 us a follow on to the existing issue 1 and only available to those Chorley Issue 1 members.

Issue 2 is open to other Chorley members (as long as you haven't already renewed your issue 1).

Special_Saver2

Hi Folks,

Here is this weekend's update to this thread.

I cannot see anything to add for right now.

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

typistretired

The silence from Monmouthshire BS goes on another day

schiff

The difference between renewing a regular saver with one institution and other institutions is remarkable. My Club Lloyds RS matured today and as they had told me in a letter the account, with the interest added, had become an Easy Saver. I transferred it all to the current account, then withdrew the bulk to where I wanted it to go. Opened a new RS of which all the details appeared instantly, paid in my first £400 and set up the SO for November 1st et seq. All in one visit. Compare that with FD and HSBC inter alia.

veryintrigued

veryintrigued said:

liamcov said:

veryintrigued 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!).

Notts reward account is next. Reduced from 1.0 to 0.6 on 1/11/20.

I suspect they're reducing in the pattern of when the interest is paid / they mature (obs).

Therefore maybe:
Seasonal saver at maturity on 28/11/20
Notts RS8 at maturity on 28/2/21
Panthers at maturity on 31/3/21
RS2 interest paid end of each June.

Maybe...

Newly_retired

I don’t think that Notts BS have any new RS on the books, so it will be a case of once they’re gone, they’re gone.