Regular Savings Accounts: The Best Currently Available List!

typistretired

Every_Penny_Counts said:

apt said:

Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.

Have they sent a letter or email out regarding this?  I had an email on the 18th Mar regarding the last reduction but nothing about another....

EPC

Got an email at 13:06 today

surreysaver

Every_Penny_Counts said:

apt said:

Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.

Have they sent a letter or email out regarding this?  I had an email on the 18th Mar regarding the last reduction but nothing about another....

EPC

Me too, although I received an email a few days later after it was reported on here. So maybe I'll get an email in a few days time, unless someone can link to the YBS website detailing this information (I've had a look, but cannot find)

fryco

On 18 March MSE mentioned SMARTSAVE as a possible place to invest for fixed term at +1.5%.
Having opened an account,yesterday I moved a large deposit from my current account.to new SMARTSAVE account. On trying to confirm safe arrival of funds I am unable to log on,or contact SMARTSAVE.
I now notice this company has disappeared from MSE latest recommendations.
Has anyone else any experience/knowledge of this issue please?
Really hoping I'm worrying for nothing............
Fryco

surreysaver

apt said:

Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.

Can you tell me what the Monthly Regular Saver and the Monthly Regular Saver Issue 3 will be, or are they both going down to 1%?

surreysaver

Every_Penny_Counts said:

apt said:

Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.

Have they sent a letter or email out regarding this?  I had an email on the 18th Mar regarding the last reduction but nothing about another....

EPC

My email arrived on 20th March.  It seems they take days to send them out!

typistretired

In my email from them today there was a link and have cut and pasted the regular saver rates being reduced  
New Interest Rates from 20/04/2020 
Monthly Regular Saver Issue 2 £ 2.50%  - 1.30% 
 Monthly Regular Saver Issue 3  2.10%  - 1.00% 

afis1904

I know it's not technically a regular saver but does anyone know when the interest rate on the Nat West Savings builder is going to decrease to 1%?

schiff

surreysaver said:

apt said:

Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.

I wonder if its worth keeping them open in case interest rates go back up?

I will probably keep Issue 2 as 1.3% is better than where the withdrawal would go; probably close the other once the 1.6% runs out 

surreysaver

afis1904 said:

I know it's not technically a regular saver but does anyone know when the interest rate on the Nat West Savings builder is going to decrease to 1%?

Hadn't seen that was going down!  Where did you hear that?  
Looks like the BoS and Lloyds 1% current accounts will be making a comeback 

surreysaver

typistretired said:

In my email from them today there was a link and have cut and pasted the regular saver rates being reduced  
New Interest Rates from 20/04/2020 
Monthly Regular Saver Issue 2 £ 2.50%  - 1.30% 
 Monthly Regular Saver Issue 3  2.10%  - 1.00% 

What about the Monthly Regular Saver (the one that preceded Issue 2 - it was a two-year product, and mine doesn't mature until July)?