Regular Savings Accounts: The Best Currently Available List!

WillPS

Nick_C said:

I don't think that Lloyds have ever considered their CLMS to be in competition with NatWest. 

NatWest held their rate at 6% when Lloyds dropped right down to 1%.  

This is either untrue or at least a total misrepresentation. The NatWest account launched in 2020 with a 3.x% interest rate (source). The account was modified favourably and uprated a few times in the years subsequently. They've only 'held their rate' this year, and it's still too early to really make much of an assumption that that's something that'll be held. I suspect it'll come down when LBG and/or Nationwide eventually change their rates.

Like every bank, broadly Natwest have dropped their interest rates when interest rates have fallen (or sometime after), and increased them when they've gone up (although maybe not as quickly as people may have preferred). It's still early days as these things go.

jaypers

For those interested in the Zopa Regular Saver and are keen to be invited to open the Zopa Bank Account, which is needed to qualify for the RS, there is a waitlist you can sign up to. Not sure if this makes things any more likely or quicker, but maybe worth a go - https://www.zopa.com/bank-account

t1redmonkey

Chorley BS have announced their interest rate changes after the BOE rate reduction, but no (adult) regular savers affected: https://www.chorleybs.co.uk/savings/interest-rate-change-details

surreysaver

jaypers said:

For those interested in the Zopa Regular Saver and are keen to be invited to open the Zopa Bank Account, which is needed to qualify for the RS, there is a waitlist you can sign up to. Not sure if this makes things any more likely or quicker, but maybe worth a go - https://www.zopa.com/bank-account

Hopefully they're rolling it out in dribs and drabs to prevent an IT meltdown 

10_66

jaypers said:

For those interested in the Zopa Regular Saver and are keen to be invited to open the Zopa Bank Account, which is needed to qualify for the RS, there is a waitlist you can sign up to. Not sure if this makes things any more likely or quicker, but maybe worth a go - https://www.zopa.com/bank-account

When I clicked on the "how do I sign up" link, I just got the same message as before; "The Zopa bank account is currently in a beta phase, which means some functionality is still being built and only a limited number of customers can open an account. Don’t worry though, we’ll be opening to more of you in the coming months".   
Edit:  I see what I did.  I don't usually follow links, so I went via Zopa's website, and the link to it there has the additional word "help" in the URL (hence I got the same previous message).

trickydicky14

Just got an email from Darlington BS
12 month Regular saver, 5.10% variable pay up to £250 a month. 2 withdrawals a year.
May appeal to some.

RosieRooBear

Skipton have announced their rate changes effective from 9th December 2024. I can’t see any mention of their Home Deposit Saver Issue 1 5.06% being reduced. My eyesight isn’t great so please correct me if I’m wrong.

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/dec-9th-rate-changes.ashx

t1redmonkey

Saffron BS regular savers reducing from 4th December:

Small Saver reducing from 5.5% to 5%:



12 Month Member's Regular Saver reducing from 5% to 4.75%:



Unsure about the 8% loyalty account at the moment.

Bridlington1

t1redmonkey said:

Saffron BS regular savers reducing from 4th December:

Small Saver reducing from 5.5% to 5%:



12 Month Member's Regular Saver reducing from 5% to 4.75%:



Unsure about the 8% loyalty account at the moment.

It shall remain at 8%. The account pays a fixed rate of interest till the end of its term.

t1redmonkey

Bridlington1 said:

t1redmonkey said:

Saffron BS regular savers reducing from 4th December:

Small Saver reducing from 5.5% to 5%:



12 Month Member's Regular Saver reducing from 5% to 4.75%:



Unsure about the 8% loyalty account at the moment.

It shall remain at 8%. The account pays a fixed rate of interest till the end of its term.

Ah thanks, I had it mistakenly labelled as variable in my spreadsheet.