Regular Savings Accounts: The Best Currently Available List!

Bridlington1

Newcastle BS Interest Rate Reductions From 10/12/24:

Regular Saver (Issue 1) ~~~ NO CHANGE ~~~ Remains at 5.5%

Bridlington1

@Special_Saver2
Coventry BS Young Saver shall reduce from 5% to 4.75% from 2/12/24. Apologies, I think I forgot to mention it when I reported the Coventry BS interest rate cuts the other day..

Stargunner

trickydicky14 said:

flaneurs_lobster said:

allegro120 said:

The main advantage of NS&I is that you can do as many £1.01 transactions as you like, they don't seem to mind. 

Just to emphasise what @allegro120 says, some institutions can get hissy when used for lots of these small debit card transactions (each one costs them a %) and emphasise that their accounts should not be used like current accounts. That's why NS&I are often recommended for "round-up stuffing" .

That's why I go easy on Skipton BS, others have said they get a bit hissy.

I used Family BS to get by Nat West & RBS savers up to the £5k limit.
Some days i made over 50 debit card deposits without any problem.
The deposits show on your account straight away and you can withdraw the money the same day and it was in my bank the next day.

surreysaver

simonsmithsays said:

Cambridge BS

Has the Extra reward RS escaped the reduction as it's not listed on the document I've received via email 

Its fixed. Mine matures in a month and they've sent me an email asking me to set my maturity instructions, but all the link does is take me to the log in.
I've sent them a secure message asking to open a new Extra Reward RS upon maturity 

Nick_C

Re feeding your NatWest RS.  Pay small amounts of Council Tax by Debit Card. Also part payments of credit cards. 

pochisoldi

Nick_C said:

Re feeding your NatWest RS.  Pay small amounts of Council Tax by Debit Card. Also part payments of credit cards. 

"Small amounts" for me meant paying £1.01 to give a £1.98 double roundup

NatWest Mortgages ("use debit card", not a transfer)
Barclays Mortgages
Yorkshire BS savings (seem to take one day longer to go through)
Skipton BS savings
Water accounts
Gas/Electric accounts

Some of these only accept one payment a day, not really an issue for me as I used to do a "once a week".
I also found that one credit cards wouldn't let me pay anything less than the amount due on the statement, leaving me with a small window between payment date and statement date where I could make a minimal payment.

Bridlington1

pochisoldi said:

Nick_C said:

Re feeding your NatWest RS.  Pay small amounts of Council Tax by Debit Card. Also part payments of credit cards. 

"Small amounts" for me meant paying £1.01 to give a £1.98 double roundup

NatWest Mortgages ("use debit card", not a transfer)
Barclays Mortgages
Yorkshire BS savings (seem to take one day longer to go through)
Skipton BS savings
Water accounts
Gas/Electric accounts

Some of these only accept one payment a day, not really an issue for me as I used to do a "once a week".
I also found that one credit cards wouldn't let me pay anything less than the amount due on the statement, leaving me with a small window between payment date and statement date where I could make a minimal payment.

Alternatively there's a fair few ideas listed on this thread:
https://forums.moneysavingexpert.com/discussion/comment/80045720/#Comment_80045720

begbeer

I have a halifax regular saver which is automatically renewed each year, but I have not put any money into it for the last few years, if I pay into it in December will the year start then,  or do I have to close it and reopen another one, if so how do I do this.

Speculator

begbeer said:

I have a halifax regular saver which is automatically renewed each year, but I have not put any money into it for the last few years, if I pay into it in December will the year start then,  or do I have to close it and reopen another one, if so how do I do this.

Close it by renewing to an Everyday Saver then log out, log back in and it will let you open a new regular saver.

poolboy

I got to 5k natwest saver fairly quickly by putting each shopping item through individually at morrisons, double roundups, easily 10 quid a day.  I m really surprised I wasn't binned off.  Don't forget the natwest sister banks, bank of scotland, wish ulster would launch one.