Regular Savings Accounts: The Best Currently Available List!

typistretired

vernall said:

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?

Minimum balance

Fingerbobs

vernall said:

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?

Minimum operating balance of the account is £10, so you can't withdraw that last £10 without closing the account.

afis1904

surreysaver said:

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.

Yeah, not a fan of that. Somehow thought it was earlier which is why I asked.

RG2015

surreysaver said:

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.

NatWest have the following on their website so 6 days from now will be Monday 6th April.

Yes, these rates are variable. If the rates are going down and your balance is £100 or more, we'll give you at least 14 days' notice. If the rates are going down and your balance is less than £100, we'll inform you before the change or shortly afterwards. 

EarthBoy

schiff said:

veryintrigued said:

apt said:

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

apt said:

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

From 20/4/20

Might as well let my April 1st SOs go ahead. Withdrawal restrictions are lifted till 20/5/20 and after that accounts can be closed without loss of interest etc.
My last maturity withdrawal was done at the branch office. As these are pass-book accounts I wonder if there will be a facility to withdraw/close online. 

Yes, you can withdraw from, or close, YBS Regular Savers online because I've done it myself.

typistretired

So have I and when I logged back in later the interest added on closing was showing. Decided not to ring them or secure message as they will be tied up with more important questions

wiseonesomeofthetime

fryco said:

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

Probably dropped off as rate wef from today is just 1.4%, (https://smartsavebank.co.uk/1-year-fixed-rate-saver/) so no longer a "top buy".

I would probably just keep trying to log in.

vermania

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 think I will close mine as the rate (issue 2) has basically halved, you can get that rate in an easy access, and I need the money anyway. Whether the base rates will increase again by the time the account matures, or if YBS think they can afford to increase the rates again - take your pick!

This is a shame, I'd have put up with 2%. But another 0.7% off for a 0.15% base rate cut? Swingeing is definitely the right word for it.

Every_Penny_Counts

My YBS issue 2 matures next week anyway, but I will close my issue 3 on the 20th as I’m getting more than 1% in the feeder account that I use to fund it!

EPC

colsten

That's my YBS issue 3 closing on April 20. 1% in a Regular Saver is an insult.