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Regular Savings Accounts: The Best Currently Available List!
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Worth mentioning in passing maybe in case notification has gone astray for anyone that still has the Chelsea Regular Saver from many years back, which was open-ended and had a max monthly deposit limit of £2000, the interest rate on this has been cut twice to only 0.5% in a few days time (already down to 1%). This was before the latest base rate cut so it may go down again.0
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surreysaver said:apt said:Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.
Link to the pdf on the email with new lower rates
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Best either sending a secure message or telephoning them so the interest can be added on closure."Look after your pennies and your pounds will look after themselves"0
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surreysaver said: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%?
Looks like the BoS and Lloyds 1% current accounts will be making a comeback"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)1 -
george4064 said:surreysaver said: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%?
Looks like the BoS and Lloyds 1% current accounts will be making a comeback
https://www.google.com/amp/s/www.thisismoney.co.uk/money/news/article-8110675/amp/Banks-withdraw-savings-accounts-base-rate-cut-record-low.html
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schiff said:surreysaver said:apt said:Swingeing further cuts on YBS monthly savers. Issue 2 now 1.30% others 1%.I consider myself to be a male feminist. Is that allowed?0
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Looks like I'll be closing all three RS come 20/04.
Can't see the point in keeping any open as if rates do increase it won't be for a good 6 months yet and will probably be a max of 0.25%. By that time some peoples RS would have already matured and others could have found/already have higher paying accounts elsewhere.0 -
afis1904 said:george4064 said:surreysaver said: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%?
Looks like the BoS and Lloyds 1% current accounts will be making a comeback
https://www.google.com/amp/s/www.thisismoney.co.uk/money/news/article-8110675/amp/Banks-withdraw-savings-accounts-base-rate-cut-record-low.html
I consider myself to be a male feminist. Is that allowed?1 -
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