Regular Savings Accounts: The Best Currently Available List!

RosieRooBear

Hattie627 said:

Skipton Building Society Home Deposit Saver Issue 1 reducing from 5.06% to 4.81% from 9th December 2024.

@Hattie627, where did you see that as on the list of their reductions that I posted it wasn’t mentioned, and other forumites couldn’t see it either 😊

csw5780

RosieRooBear said:

Hattie627 said:

Skipton Building Society Home Deposit Saver Issue 1 reducing from 5.06% to 4.81% from 9th December 2024.

@Hattie627, where did you see that as on the list of their reductions that I posted it wasn’t mentioned, and other forumites couldn’t see it either 😊

This is issue 2 - terms dated 7/11/2024

Hattie627

Skipton BS

I've got Issue 1 of the Home Deposit Saver and have received email from them today (quoting all my account nos) and clearly saying that Issue 1 is dropping to 4.81%. Copied from email:-

Home Deposit Saver 1 A

Account Number ending:

(edited out)

Current Interest Rate

5.06% gross pa/AER^ variable.

New Interest rate

4.81% gross pa/AER^ variable.

RosieRooBear

Thank you @Hattie627, I have Issue 1 too, no email yet, no doubt it will arrive soon

Hattie627

Here is the whole email received at 1337 hours today from Skipton BS. It's individualised, referring to the 3 accounts held by me (only one is an RS).

"We're reducing your savings interest rate. The Bank of England have recently reduced their base rate, and we've made the difficult decision to reduce the rates on some of our savings accounts.

Part of our aim is to offer long term good value while continuing to manage costs for both savings and mortgage members. Most of our accounts don't directly track the Bank of England base rate but we need to make sure our interest rates are sustainable over the long term.

The interest rate on your below savings accounts will reduce on 9 December 2024. More information about the reasons for varying rates can be found in our Savings Account Terms and Conditions.

 

Your updated rates

 

Easy Access Saver Iss 3 A

 

Current Interest Rate

3.55% gross pa/AER^ variable.

New Interest rate

3.30% gross pa/AER^ variable.

 

Fa Bonus Saver 1 A

Current Interest Rate

4.95% gross pa/AER^ variable. BA

New Interest rate

4.70% gross pa/AER^ variable. BA

 

Home Deposit Saver 1 A

 

Current Interest Rate

5.06% gross pa/AER^ variable.

New Interest rate

4.81% gross pa/AER^ variable.

 

Bonus accounts

 

Bonus accounts with an introductory bonus interest rate are shown in the table above with a ‘BA’. The interest rates shown are for the account as at 10 November 2024 - where applicable this includes your bonus rate.

It’s important to note that if we have already contacted you about your bonus rate coming to an end, or you receive a communication from us before 9 December 2024, then your interest rate might be different to the interest rate shown above."

Aidanmc

Thinking of applying for Melton Regular Saver 6.

Dont normally go for postal operated accounts.

Wasn't going to send id docs on first application attempt, usually i get ID electronically for bank/bs applications.

Do they typically look for verified ID?

35har1old

Should there be a separate list for accounts that have gone NLA 

allegro120

Aidanmc said:

Thinking of applying for Melton Regular Saver 6.

Dont normally go for postal operated accounts.

Wasn't going to send id docs on first application attempt, usually i get ID electronically for bank/bs applications.

Do they typically look for verified ID?

I got ID electronically, didn't have to send anything.

Bridlington1

35har1old said:

Should there be a separate list for accounts that have gone NLA 

Bank/ building society	Name	Calendar/ Account month	Withdrawals/early closure	Interest rate	Fix/var	Min deposit	Max deposit
Virgin Money	Regular Saver Exclusive	C	Unlimited	10.38%	F	£0	£250
Nationwide BS	Flex Regular Saver Issue 2	C	3 penalty free wdls/yr	8.00%	V	£0	£200
Saffron BS	Members Month Loyalty Saver	C	1 withdrawal/mth	8.00%	F	£0	£50
YBS	£50 egular Saver	C	3 penalty free wdls/yr	8.00%	V	£0	£50
Skipton BS	Members Regular Saver Issue 2	C	Early closure only	7.50%	F	£0	£250
Gatehouse	Regular Monthly Saver	C	None	7.00%	V	£0	£300
HSBC	Regular Monthly Saver	A	closure s.t very low interest rate	7.00%	F	£25	£250
Progressive BS	Online Regular Rainy Day Saver	C	Unlimited	7.00%	V	£0	£300
Skipton BS	Members Regular Saver Issue 3	C	Early closure only	7.00%	F	£0	£250
Coventry BS	Loyalty Regular Saver	A	30 day interest penalty	6.75%	V	£0	£250
Coventry BS	Loyalty Regular Saver Issue 2	A	30 day interest penalty	6.50%	V	£0	£250
Coventry BS	Sunny Day Saver	C	Unlimited	6.25%	V	£0	£150
Principality BS	Maturity Winter Regular Saver	C	Early closure only	6.25%	F	£0	£125
Mansfield BS	Kick Start Regular Savings (7th issue)	C	2 withdrawals/yr else 90 day interest hit	6.10%	F	£25	£250
Furness BS	Christmas Regular Saver Issue 1	C	1 withdrawal/yr	6.00%	V	£1	£500
Monmouthshire BS	Exclusive Regular Saver Issue 2	C	None	6.00%	V	£0	£500
Nottingham BS	Branch Regular Saver	C	Unlimited	6.00%	V	£0	£500
Penrith BS	Regular Saver 300 (Heartland only)	C	3 penalty free wdls/yr	6.00%	V	£1	£300
Principality BS	2 Year Healthy Saver Bond	C	Early closure only	6.00%	F	£0	£50
Mansfield BS	Bonus Regular Savings (8th issue)	C	2 withdrawals/yr else 90 day interest hit	5.85%	V	£10	£250
Melton BS	Regular Saver 4	C	Unlimited	5.50%	V	£0	£150
Principality BS	Regular Savings Bond Issue 34	C	Early closure only	5.50%	F	£0	£250
Principality BS	Regular Savings Bond Issue 33	C	Early closure only	5.50%	F	£0	£250
Coventry BS	First Home Saver Issue 1	C	Unlimited	5.35%	V	£0	£1,000
Coventry BS	Regular Saver Issue 5	A	30 day interest penalty	5.25%	V	£0	£500
Chorley BS	Seasonal Saver (all issues)	C	None	5.15%	V	£0	£250
Chorley BS	Regular Saver (all issues)	C	None	5.15%	V	£0	£250
Leeds BS	Home Deposit Saver	C	1 withdrawal/yr	5.05%	V	£0	£500	From 24/12/24
Aldermore	Regular Saver Account Issue 1	C	Unlimited	5.00%	V	£0	£300	From 6/12/24
Hanley Economic BS	Online Regular Saver	C	5 withdrawals/tax yr	5.00%	V	£250	£1,000	From 1/12/24
Loughborough BS	1Y Fixed Monthly Saver	C	None	5.00%	F	£1	£500
Melton BS	Regular Saver 3	C	Unlimited	5.00%	V	£0	£200
Leeds BS	Regular Saver (most issues)	C	1 withdrawal/yr	4.95%	V	£0	£250	From 24/12/24
Principality BS	First Home Steps Issue 3	C	3 penalty free wdls/yr	4.85%	V	£0	£1,500	From 5/12/24
Principality BS	First Home Steps Issue 2	C	3 penalty free wdls/yr	4.85%	V	£0	£1,500	From 5/12/24
Principality BS	First Home Steps Online Issue 2	C	3 penalty free wdls/yr	4.85%	V	£0	£1,500	From 5/12/24
Principality BS	First Home Steps Online Issue 1	C	3 penalty free wdls/yr	4.85%	V	£0	£1,500	From 5/12/24
Principality BS	First Home Steps Issue 1	C	3 penalty free wdls/yr	4.85%	V	£0	£1,500	From 5/12/24
Skipton BS	Home Deposit Saver Issue 1	C	Early closure only	4.81%	V	£0	£500	From 9/12/24
Hinckley & Rugby BS	Regular Saver 30 Day Notice	C	Unlimited Subject to 30 day notice	4.75%	V	£10	£500	From 29/11/24
Kent Reliance BS	Regular Savings Issue 11	C	Unlimited	4.50%	V	£1	£500
Monmouthshire BS	Regular Saver Issue 3	C	Unlimited	4.50%	V	£0	£300
Monmouthshire BS	Regular Saver Issue 4	C	Unlimited	4.50%	V	£0	£300
Principality BS	Regular Savings Bond Issue 32	C	Early closure only	4.50%	F	£0	£250
Mansfield BS	Regular Saver	C	Unlimited Subject to 30 day notice	4.25%	V	£10	£500
Darlington BS	Green Regular Saver	C	Unlimited	3.95%	V	£0	£250
Darlington BS	Special Occasion Saver	C	Unlimited	3.95%	V	£0	£250
Darlington BS	regular esaver	C	Unlimited	3.95%	V	£0	£250
Buckinghamshire BS	Regular Saver Locals	C	Unlimited	3.80%	V	£0	£500	From 1/12/24
Darlington BS	High Days and Holiday Saver	C	Unlimited	3.80%	V	£0	£250
Nottingham BS	Seasonal Saver Issue 5	C	None (matures 30/11/24)	3.50%	F	£0	£500

Dizzycap

RosieRooBear said:

Dizzycap said:

RosieRooBear said:

Hanley Online Regular Saver (NLA) interest rate reduction from 5.5% to 5% wef 01/12/2024

https://www.thehanley.co.uk/savings-rates

This has come as a blow, as like others, I was going to start fully loading each month. However, with 6 free withdraws a year, it still has its place, even as a 2 month draw down account to fund higher regular savers, if needed

The HEBS Online RS only allows 5 penalty free withdrawals per tax year, not 6, but still a good account to hold onto 😊

Can I withdraw money?

You can make 5 withdrawals per tax year (6 April to 5 April) without penalty. All other withdrawals are subject to 30 days loss of interest on the amount withdrawn. Withdrawals will be made to the nominated bank account provided at the time of opening the account. £1,000 must remain in the account following a withdrawal.

I stand corrected with 5 withdraws but it still has its place...........