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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • Dizzycap 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 ;)
    Additionally it's probably worth remembering that HEBS chose not to reduce the rate of the Online RS after the previous cut in the BOE base rate so in doing a 0.5% cut they've in effect passed on both of the previous two base rate cuts in one go.
  • Aidanmc
    Aidanmc Posts: 1,310 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    My Nationwide RS matured today, interest added and now showing Instant access saver.
    Tried to open a new RS, but the system wont let me, saying i already have one!
    Probably just because its the weekend?
  • jaypers
    jaypers Posts: 1,035 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Aidanmc said:
    My Nationwide RS matured today, interest added and now showing Instant access saver.
    Tried to open a new RS, but the system wont let me, saying i already have one!
    Probably just because its the weekend?
    Is the effective date Monday (18th) which would probably explain why as Bank systems tend to work on weekdays, making weekends (‘today’) sometimes act a little weird. 
  • Dizzycap 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 All other withdrawals are subject to 30 days loss of interest on the amount withdrawn.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.

  • Aidanmc said:
    My Nationwide RS matured today, interest added and now showing Instant access saver.
    Tried to open a new RS, but the system wont let me, saying i already have one!
    Probably just because its the weekend?
    Hi, I had the same problem when mine matured on Tuesday, by Wednesday morning I was able to open a new one.  
  • Skipton Building Society Home Deposit Saver Issue 1 reducing from 5.06% to 4.81% from 9th December 2024.


  • 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
    csw5780 Posts: 117 Forumite
    100 Posts Photogenic First Anniversary Name Dropper
    edited 16 November 2024 at 3:30PM
    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


  • 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.

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