Regular Savings Accounts: The Best Currently Available List!

colsten

lantanna said:

Set up a Coventry RS today, issue 3, I already have a issue 2.  When I look at the account it says interest is 0.00 %. Anybody else who has the two with Coventry find this?

It updates to the correct rate as soon as your first deposit has cleared.

London7766551

Gray001 said:

Ah gr8 HSBC and First Direct.... the best reg saver rate is like 1.5% and easy access saver 0.75%. I've had a few accounts maturing and am wondering with the best rates so cut is it worth opening and maintaining them? I at least thought the HSBC /FD would have stayed at 2.75 or competitive as it was always best on the market!
Things for savers gonna get a lot worse 

It's been speculated that HSBC may well split from their UK businesses and sell it off. I doubt they care much now!

trickydicky14

Regarding the Tipton regular saver, on the application form is asks, 'Tick to confirm you have received a savings welcome pack?
How can you do that if you are only just sending off the application form or am I missing something?
The other two questions about privacy notice and deposit guarantee scheme can be found on the web site.

Speculator

veryintrigued said:

JamesRobinson48 said:

Tipton BS has just launched a fixed rate RS paying 1.35% (max £500 pm, matures Feb-2022). For this one there's no app, or even any online access:  it involves a manual application form and cheque. I couldn't find any postcode restrictions.

I can't see any restriction (online at least) for those of us who already hold the 2020/21 Tipton's Regular Saver.

But in the paper copy of the 2019/20 Fixed Regular Saver (which matured and i started again as a 2% 2020/21 Fixed Regular Saver with the same account details) it states:

Only one account can be opened per customer.

I wonder if this means per issue or per Fixed Regular Saver?

nearly sent off my application form then saw this.  

EDIT: Just spoke to them and they confirmed that you are allowed to open one of each issue.

lantanna

It’s updated to the 1.55% interest rate now.

happybagger

Separately, Leek BS is cutting the rate on its currently open RS product from 1.35% to 1.10% effective 2nd December.

Any mention of other RS rate changes?
I have the old Leek RS (open-ended, closed issue) account. When the rate was cut in April I requested a withdrawal by cheque. It took 41 days: 21 to reach a cashier then 20 to come back.
I have sent off another withdrawal request as the old bonus has now ended and is paying just 0.85%. It has already been 2 weeks.

veryintrigued

happybagger said:

Separately, Leek BS is cutting the rate on its currently open RS product from 1.35% to 1.10% effective 2nd December.

Any mention of other RS rate changes?
I have the old Leek RS (open-ended, closed issue) account. When the rate was cut in April I requested a withdrawal by cheque. It took 41 days: 21 to reach a cashier then 20 to come back.
I have sent off another withdrawal request as the old bonus has now ended and is paying just 0.85%. It has already been 2 weeks.

Assuming JR received the same letter as me it only mentions the Flexible Saver RS reduction they've mentioned in their post.

typistretired

Tipton BS I sent my maturity options letter back over the weekend there were no regular savers in options. I  Contacted them and they are sending me an application form out for the new regular saver and attaching a note to my maturity letter. I have another regular saver with them that matures end of January.

Growingold

trickydicky14 said:

Regarding the Tipton regular saver, on the application form is asks, 'Tick to confirm you have received a savings welcome pack?
How can you do that if you are only just sending off the application form or am I missing something?
The other two questions about privacy notice and deposit guarantee scheme can be found on the web site.

Do you tick you've received a savings welcome pack?  Also the monthly deposit is that calendar month wise or depending when you open the account?

JamesRobinson48

Growingold said:

Do you tick you've received a savings welcome pack?  Also the monthly deposit is that calendar month wise or depending when you open the account?

Tipton:  On past form, they would mail out a savings welcome pack along with the passbook. With a mainly local customer base, I imagine their process is more oriented towards branch customers. The monthly deposit is by calendar month.