Regular Savings Accounts: The Best Currently Available List!

jaypers

OneUser1 said:

Looks like The Vernon are keeping the on-line Regular Saver at 6.5%.

However it’s currently restricted to locals (local to Stockport.)

I only found out about this recently. I’m in the CW (Crewe) area which qualifies. 

OneUser1

jaypers said:

OneUser1 said:

Looks like The Vernon are keeping the on-line Regular Saver at 6.5%.

However it’s currently restricted to locals (local to Stockport.)

I only found out about this recently. I’m in the CW (Crewe) area which qualifies. 

It’s an unusual account. After a year the balance gets transferred to an easy access account and a new Regular Saver automatically started. Since the Regular Saver is (supposedly) not even for existing members at the moment that rather suits me. Although need to see if that actually happens. 

Note over the years Vernon keep tweaking requirements. Sometimes they are strictly locals only. Usually they offer some dire fixed rate accounts to anyone. Sometimes they let anyone in - a few years back they offered an on-line easy access nationwide. It’s worth checking on them if you really fancy membership.

Bridlington1

Coventry BS Interest Rate Reductions 3/12/24:

Currently Available:

Regular Saver (6) ~~~ NO CHANGE ~~~  Remains at 4.75%

First Home Saver (2) ~~~ NO CHANGE ~~~  Remains at 4.8%

Loyalty Mortgage Saver ~~~ NO CHANGE ~~~  Remains at 6%

NLA:

Loyalty RS Issue 1 from 6.75% to 6.5%

Loyalty RS Issue 2 from 6.5% to 6.25%

First Home Saver from 5.35% to 5.1%

Regular Saver (5) from 5.25% to 5%

Sunny Day Saver ~~~ NO CHANGE ~~~  Remains at 6.25%

sammyjammy

Co-op saver

I opened it in April but only have £1065 in it, I know you can put £250 a month in but can I top it up to £3000 to make up for the months I didn't max it out?

surreysaver

sammyjammy said:

Co-op saver

I opened it in April but only have £1065 in it, I know you can put £250 a month in but can I top it up to £3000 to make up for the months I didn't max it out?

https://www.co-operativebank.co.uk/products/savings/regular-saver/

No

flaneurs_lobster

sammyjammy said:

Co-op saver

I opened it in April but only have £1065 in it, I know you can put £250 a month in but can I top it up to £3000 to make up for the months I didn't max it out?

'Fraid not, T&Cs say a max of £250 can be deposited in any calendar month.

wiseonesomeofthetime

Bridlington1 said:

Coventry interest rate reductions 2/12/24

Loyalty RS Issue 1 from 6.75% to 6.5%

Loyalty RS Issue 2 from 6.5% to 6.25%

FH RS Issue 1 from 5.35% to 5.1%

Regular Saver Issue 5 from 5.25% to 5%

https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html

Crazy how we find out about these via this forum before the provider itself!

Thanks for this. Cannot locate the CBS Sunny Day Saver RS anywhere in that document, so I assume that will remain at 6.25% then

Middle_of_the_Road

wiseonesomeofthetime said:

Bridlington1 said:

Coventry interest rate reductions 2/12/24

Loyalty RS Issue 1 from 6.75% to 6.5%

Loyalty RS Issue 2 from 6.5% to 6.25%

FH RS Issue 1 from 5.35% to 5.1%

Regular Saver Issue 5 from 5.25% to 5%

https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html

Crazy how we find out about these via this forum before the provider itself!

Thanks for this. Cannot locate the CBS Sunny Day Saver RS anywhere in that document, so I assume that will remain at 6.25% then

Likewise the First Home Saver (2) staying at 4.8%

bigjoe

allegro120 said:

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.

Do monthly payments need to be by post too?

WillPS

bigjoe said:

allegro120 said:

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.

Do monthly payments need to be by post too?

No, you can send in by Faster Payment. You can also provide a nominated account and withdraw to that account.

Only application is by post.

Move quickly if you want the account, I was under the impression it'd already have been made NLA by now.