Regular Savings Accounts: The Best Currently Available List!

where_are_we

Coventry Loyalty Seasonal Saver - I prefer to fund it on the 20th of each month because I need a very large sum to fund the many RS`s I currently have which are funded on the 1st of the month by SO. I can use my weekly pension payments for the funding of the few non 1st of the month RS SO`s thus helping with cash flow. I fund using SO`s as opposed to doing manual payments so having SO dates not on the 1st of each month is not an issue.

I noticed there is are no withdrawals and no option to close this account and realise the interest accrued without penalty. I presume if they dropped the interest rate we would be able to close the account without penalty.

Many seasonal thanks to Bridlington and others who post these new RS offerings.

I wrongly assumed new RS accounts with high interest rates would become less frequent in the present climate but the merry go round continues unabated!

flaneurs_lobster

where_are_we said:

Coventry Loyalty Seasonal Saver .... I presume if they dropped the interest rate we would be able to close the account without penalty.

If that's a question then I think the answer is no - if the interest rate is decreased then the withdrawal penalty remains (loss of 30 day's interest) albeit at a lower rate.

Bridlington1

flaneurs_lobster said:

where_are_we said:

Coventry Loyalty Seasonal Saver .... I presume if they dropped the interest rate we would be able to close the account without penalty.

If that's a question then I think the answer is no - if the interest rate is decreased then the withdrawal penalty remains (loss of 30 day's interest) albeit at a lower rate.

My interpretation would be yes.

The General Ts&Cs state:




Thus if the interest rate was reduced you'd be able to close the account without penalty within 30 days of being notified of the decrease.

flaneurs_lobster

Bridlington1 said:

My interpretation would be yes.
.
Thus if the interest rate was reduced you'd be able to close the account without penalty within 30 days of being notified of the decrease.

By "no" I did, of course, mean "yes"..

Missed the override clause in the General T&Cs. Thanks @Bridlington1.

trickydicky14

flaneurs_lobster said:

Bridlington1 said:

My interpretation would be yes.
.
Thus if the interest rate was reduced you'd be able to close the account without penalty within 30 days of being notified of the decrease.

By "no" I did, of course, mean "yes"..

Missed the override clause in the General T&Cs. Thanks @Bridlington1.

No is the new Yes, Ha Ha

BestSeagull

My Nationwide Flex RS has just matured. I tried to open the current one but the system tells me I can't because I already have a RS.
Any idea how long it will take to sort itself out?

francoghezzi

Apologies if this has been announced already. It's the same RS that a lot of us opened in September (ending 30/11/2025), but with a new ending date, same interest (6%) fixed

Market Harborough B.S.

Fixed Term Regular Saver (31.03.2026)

6.00% Gross*/AER** fixed 
Minimum balance – £10
Maximum balance – £250 (per month)
Annual interest paid at maturity

It is possible to hold 2 RS but not deposit more than a total of £250 a month 

checkly

francoghezzi said:

Apologies if this has been announced already. It's the same RS that a lot of us opened in September (ending 30/11/2025), but with a new ending date, same interest (6%) fixed

Market Harborough B.S.

Fixed Term Regular Saver (31.03.2026)

6.00% Gross*/AER** fixed 
Minimum balance – £10
Maximum balance – £250 (per month)
Annual interest paid at maturity

It is possible to hold 2 RS but not deposit more than a total of £250 a month 

Seems it can only be opened in branch, unlike the September offering 

francoghezzi

checkly said:

francoghezzi said:

Apologies if this has been announced already. It's the same RS that a lot of us opened in September (ending 30/11/2025), but with a new ending date, same interest (6%) fixed

Market Harborough B.S.

Fixed Term Regular Saver (31.03.2026)

6.00% Gross*/AER** fixed 
Minimum balance – £10
Maximum balance – £250 (per month)
Annual interest paid at maturity

It is possible to hold 2 RS but not deposit more than a total of £250 a month 

Seems it can only be opened in branch, unlike the September offering 

According to their website the RS must be opened in branch, yes, at least for now. It is worth keeping an eye, anyway, because it is still a good fixed 6% lasting 15 months

Aidanmc

BestSeagull said:

My Nationwide Flex RS has just matured. I tried to open the current one but the system tells me I can't because I already have a RS.
Any idea how long it will take to sort itself out?

You should be able to open a new RS tomorrow