Regular Savings Accounts: The Best Currently Available List!

RG2015

lhsecons said:

RG2015 said:

colsten said:

P3 said

Nevertheless, I understand where OP coming from, there has to be a stop point, else the list go on forever

Agreed. This thread is entitled Regular Savings Accounts: The Best Currently Available List, and there's a great deal of effort, particularly from @Special_Saver2 , going into maintaining it as the Best Currently Available.

If you want to have a complete list of all Regular Savers, you could always use moneyfacts.co.uk

Does moneyfacts .co.uk really show accounts that are no longer available?

No, as you well know. It does however show ALL regular savings accounts that are currently available rather than THE BEST. I find the work of @Special_Saver2 on here extremely useful. Colsten’s post was intended to direct those that wanted more information to where they could find it.

Ok thanks. This makes sense. I just thought the post was a bit misleading.

colsten

RG2015 said:

lhsecons said:

RG2015 said:

colsten said:

P3 said

Nevertheless, I understand where OP coming from, there has to be a stop point, else the list go on forever

Agreed. This thread is entitled Regular Savings Accounts: The Best Currently Available List, and there's a great deal of effort, particularly from @Special_Saver2 , going into maintaining it as the Best Currently Available.

If you want to have a complete list of all Regular Savers, you could always use moneyfacts.co.uk

Does moneyfacts .co.uk really show accounts that are no longer available?

No, as you well know. It does however show ALL regular savings accounts that are currently available rather than THE BEST. I find the work of @Special_Saver2 on here extremely useful. Colsten’s post was intended to direct those that wanted more information to where they could find it.

Ok thanks. This makes sense. I just thought the post was a bit misleading.

Thank you, I have updated my post to make it clear that I did not recommend moneyfacts as a source of historic etc Regular Savers. I had not expected that people in this thread would be looking for such information, and I am not aware that such a source readily exists, nor would I know what the value of such information would be. But please feel free to point people at an appropriate resource.

cricidmuslibale

colsten said:

RG2015 said:

lhsecons said:

RG2015 said:

colsten said:

P3 said

Nevertheless, I understand where OP coming from, there has to be a stop point, else the list go on forever

Agreed. This thread is entitled Regular Savings Accounts: The Best Currently Available List, and there's a great deal of effort, particularly from @Special_Saver2 , going into maintaining it as the Best Currently Available.

If you want to have a complete list of all Regular Savers, you could always use moneyfacts.co.uk

Does moneyfacts .co.uk really show accounts that are no longer available?

No, as you well know. It does however show ALL regular savings accounts that are currently available rather than THE BEST. I find the work of @Special_Saver2 on here extremely useful. Colsten’s post was intended to direct those that wanted more information to where they could find it.

Ok thanks. This makes sense. I just thought the post was a bit misleading.

Thank you, I have updated my post to make it clear that I did not recommend moneyfacts as a source of historic etc Regular Savers. I had not expected that people in this thread would be looking for such information, and I am not aware that such a source readily exists, nor would I know what the value of such information would be. But please feel free to point people at an appropriate resource.

I suppose one could make a case for a source of Regular Savers that are no longer available if for no other reason to highlight how, not all that long ago, many of these accounts were offering very attractive interest rates that were considerably higher than the other interest rates 'surrounding them' (i.e. most if not all of the other interest rates offered by the same savings provider that was probably using its Regular Saver to attract the 'right' new customers in the hope of selling to them lucrative products such as credit cards and/or mortgages.) In the last few months, sadly, the vast majority of Regular Savers are being offered at interest rates of only c.0.5% higher than other savings products by the same savings provider which suggests that on the whole banks and building societies are, let's say, not as keen to use a Regular Saver as means of enticing the 'right people' as they used to be!

(There are of course exceptions to this; e.g. the Virgin Home Coach regular saver at 1.75% which requires use of an app and is deliberately targeted at potential homebuyers rather than the broader regular saver market.)

Gers

I keep a spreadsheet of all my RS accounts. It makes fairly depressing reading as it shows the 5% accounts still.  In July last year I received £90 interest from FD, now I expect half that from the current one.  Those paying 1% are barely interesting though I open them to keep even the small amount of interest ticking over.

[Deleted User]

Monmouthshire BS Saver Plus Issue 3 to end on 31 March (interest and bonus annual pay date). Letter just received giving options.Just reading it, Doesn't look great.

[Deleted User]

Monmouthshire BS Saver Plus Issue 3
Will become an Escalator Instant account on 1 April. Instant access. 0.25% up to £4999, then 0.35% £5000 to £24,999, 0,45% £25,000 and over.
Can close on 31 March without penalty. (Not before, or you lose the bonus due 31 March)

[Deleted User]

PS Monmouthsire BS 
Ability to credit savings accounts by direct debit ends 31 march. Will this become a trend?

moi

Deleted_User said:

Monmouthshire BS Saver Plus Issue 3 to end on 31 March.
Doesn't look great.

Indeed Here's a scan of their letter:

liamcov

Deleted_User said:

Monmouthshire BS Saver Plus Issue 3 to end on 31 March (interest and bonus annual pay date). Letter just received giving options.Just reading it, Doesn't look great.

Do we need to post our passbooks back with the account closure letter? It doesn't mention it at all.

[Deleted User]

liamcov said:

Deleted_User said:

Monmouthshire BS Saver Plus Issue 3 to end on 31 March (interest and bonus annual pay date). Letter just received giving options.Just reading it, Doesn't look great.

Do we need to post our passbooks back with the account closure letter? It doesn't mention it at all.

I have posted my completed closure form. along with the passbook (just in case). Also sent a cancelled cheque re the account funds to be sent to (form suggested a statement or pay in slip to prove the account, but I don't have either),