Regular Savings Accounts: The Best Currently Available List!

Bridlington1

ForumUser7 said:

Bridlington1 said:

Bath BS Interest Rate Reductions From 3/1/25:

16-25 Regular Saver from 7.29% to 7.09%
Homestart Regular Saver from 4.74% to 4.54%
The Regular Saver from 4.24% to 4.04%

Thank you @bridlington1 - were these on the cards already please? Don't remember them writing to us. Though if their reduction notice period is only 14 days, I guess they aren't out of time yet - unsure.

They weren't on their website when I checked yesterday evening so it's hot(ish) off the press so to speak. 

Last time their rates were cut I received a letter 11 days before their rate cut came into effect and queried this point. The line they used was the general Ts&Cs state:


And thus if they choose to notify you by post they only have to send the letter at least 14 days before they make the rate cut, the letter can however arrive within 14 days of the rate cut coming into effect without it breaching the Ts&Cs.

ForumUser7

Bridlington1 said:

ForumUser7 said:

Bridlington1 said:

Bath BS Interest Rate Reductions From 3/1/25:

16-25 Regular Saver from 7.29% to 7.09%
Homestart Regular Saver from 4.74% to 4.54%
The Regular Saver from 4.24% to 4.04%

Thank you @bridlington1 - were these on the cards already please? Don't remember them writing to us. Though if their reduction notice period is only 14 days, I guess they aren't out of time yet - unsure.

They weren't on their website when I checked yesterday evening so it's hot(ish) off the press so to speak. 

Last time their rates were cut I received a letter 11 days before their rate cut came into effect and queried this point. The line they used was the general Ts&Cs state:


And thus if they choose to notify you by post they only have to send the letter at least 14 days before they make the rate cut, the letter can however arrive within 14 days of the rate cut coming into effect without it breaching the Ts&Cs.

Thanks for explaining I think their argument would be that they can't control how long the post would take, but really they aught to make an allowance of a few days for delivery as good practice.

GetRichOrDieSaving

BOE rate to stay at 4.75%! 

Might stop some of the RS slipping further, as we’ve seen a lot lately. 

Special_Saver2

Hi Everybody,

I have just updated the first page of this thread.

- Nationwide BS Flex Regular Saver (Issue 4) replaces issue 3 with the same details as far as I can see; 6.5% gross p.a. variable on up to £200 per month for 12 months, only available to Nationwide current account holders, you can only be named on one Flex Regular Saver product at any time (of any issue).

- Bath BS 16-25 Regular Saver interest rate changing from 7.29% gross p.a. variable to 7.09% from 3rd January 2025

I have updated the thresholds in the introduction (post 1 of this thread) as we have now seen the effects of the November Bank of England interest rate change. The introduction now states the following: "I am only adding accounts where the interest rate is 5% or better, or 4.5% if the account has favourable conditions (e.g. you can pay in £500 per month or more, the interest rate is fixed, or if the account matures after at least 2 years)."

I will do the next update within the next 1-2 weeks. I hope you all have a lovely festive season!

SS2

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For those new to this thread, the first few posts are regularly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

gt94sss2

Special_Saver2 said:

9. Best Feeder Accounts

Kroo Current Account

Paying 4.10% AER (4.02% gross) variable on up to £85,000 

Kroo is now at 3.65% with future changes linked to the base rate.

Special_Saver2

Thanks for that.

I also now see that Chase (in the Feeder Account section) have reduced their interest rate so I have updated the Chase and Kroo entries.

SS2

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For those new to this thread, the first few posts are regularly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Bigwheels1111

I use Trading 212 ISA 4.9% & Gatehouse easy access at 5%.

For funding regular savers.

poolboy

Gatehouse EARS is the best feeder account for me too, interest on anniversary so next tax year, win win.

trickydicky14

Bigwheels1111 said:

I use Trading 212 ISA 4.9% & Gatehouse easy access at 5%.

For funding regular savers.

Only ex RS customers can get the Gatehouse account @ 5%

allegro120

poolboy said:

Gatehouse EARS is the best feeder account for me too, interest on anniversary so next tax year, win win.

My Cahoot 5.12% will end it's term on 18th January and if there's no change GH EARS will become my main Easy Access account.  Two things I will miss - instant withdrawals and ability to fund my regular savers directly. I've been spoiled by Santander, Ulster and Cahoot in the past couple of years.