Regular Savings Accounts: The Best Currently Available List!

JezR

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.

MDMD

surreysaver said:

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%?

Link to the pdf on the email with new lower rates

https://www.ybs.co.uk/pdf/YBM11671-20420.pdf

SFindlay

schiff said:

I set out a dummy transfer, and it looks as if you can.
Yorkshire BS

Was that dummy transfer for the full balance as my accounts show the available balance as £10 less than the true balance? 

typistretired

Best either sending a secure message or telephoning them so the interest can be added on closure. 

george4064

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%?

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 

I also hold this account and haven't been notified of any interest rate change..

afis1904

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%?

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 

I also hold this account and haven't been notified of any interest rate change..

I've found it now, Nat West has apparently told the Daily Mail they'll drop it to 1% on April 20th

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

surreysaver

schiff said:

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 

That's what I will do.  Although it is a risk - the interest rate could go back up, or the interest rate of where the money goes could go down!  I have a Kent Reliance Easy Access Account which is paying 1.3% - but that's variable rate, so could go down in the near future.

Wheres_My_Cashback

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.

surreysaver

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%?

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 

I also hold this account and haven't been notified of any interest rate change..

I've found it now, Nat West has apparently told the Daily Mail they'll drop it to 1% on April 20th

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

Don't think telling the Daily Mail counts for telling their customers!  They've got six days to tell me, otherwise they're in breach of contract.

vernall

SFindlay said:

schiff said:

I set out a dummy transfer, and it looks as if you can.
Yorkshire BS

Was that dummy transfer for the full balance as my accounts show the available balance as £10 less than the true balance? 

I have always noticed my balances are always £10 out.....any idea why?