Regular Savings Accounts: The Best Currently Available List!

where_are_we

Thanks - but new YBS interest rates from 5/4/20 ie 1.5% MS, 2% MS issue2 and 1.6% MS issue3 are equal or better than Marcus so I will leave it until 20/4 when I will empty all YBS accounts. 20/4 is a Monday, so would it be best to set up bank details by Friday 17/4 ?

soulsaver

where_are_we said:

Thanks - but new YBS interest rates from 5/4/20 ie 1.5% MS, 2% MS issue2 and 1.6% MS issue3 are equal or better than Marcus so I will leave it until 20/4 when I will empty all YBS accounts. 20/4 is a Monday, so would it be best to set up bank details by Friday 17/4 ?

Soon as you like.

schiff

Monmouth BS
This could be interesting in the current climate:
https://www.monbs.com/products/saver-plus/
£20-£1000 pm every month, one withdrawal pa, 0.55% variable and 1% fixed Bonus if those conditions met.

Over62

RG2015 said:

Over62 said:

solartom said:

My Santander RS  Issue 9 (2%) matured  just befoe the weekend  the new Issue 10 on offer now is  paying 1.5% 

Oh no, mine matures on Wednesday and was going to let it roll over but not now.  There are still some 2% regular savers I've not got yet so I'd better be quick and open one before they bite the dust too.  Not long ago, I wouldn't look at a regular saver under 2.5%!  We'll meet again?

I got my renewal letter a couple of weeks ago saying mine would renew at 2%. Check your e documents in online banking for your letter. You may just have scraped in at 2% for an issue 9.

Thanks, you're quite right.  I have scraped in to issue 9.  Never thought I would be so happy to get just 2%!

surreysaver

schiff said:

Monmouth BS
This could be interesting in the current climate:
https://www.monbs.com/products/saver-plus/
£20-£1000 pm every month, one withdrawal pa, 0.55% variable and 1% fixed Bonus if those conditions met.

That's an interesting account.  What's not clear, is the T&Cs state you can only make additional deposits whilst the account remains on sale, but you have to add at least £20 each month.  How can you add £20 if the account has been withdrawn from sale, and therefore you are prevented from making additional deposits?

colsten

surreysaver saiid

  How can you add £20 if the account has been withdrawn from sale, and therefore you are prevented from making additional deposits?

Withdrawn from sale means no new applications are accepted. Existing accounts will continue as is.

colsten

schiff said:

Monmouth BS
This could be interesting in the current climate:
https://www.monbs.com/products/saver-plus/
£20-£1000 pm every month, one withdrawal pa, 0.55% variable and 1% fixed Bonus if those conditions met.

I see limited value in that account whilst you can still get more than 1.55% in 1-year fixed rate bonds, alongside lots of 2%+ regular savers. Am I missing something?
https://moneyfacts.co.uk/savings-accounts/1-year-fixed-rate-bonds/

glider3560

where_are_we said:

Thanks - but new YBS interest rates from 5/4/20 ie 1.5% MS, 2% MS issue2 and 1.6% MS issue3 are equal or better than Marcus so I will leave it until 20/4 when I will empty all YBS accounts. 20/4 is a Monday, so would it be best to set up bank details by Friday 17/4 ?

Guess it depends on your tax status (today marks the start of a new tax year).  I'm a 40% taxpayer, only getting 1.2% and 0.96% respectively at YBS after tax (my £500 allowance will already be maxed with other accounts), so I've shifted the YBS money into a Cash ISA paying 1.5%.

soulsaver

glider3560 said:

where_are_we said:

Thanks - but new YBS interest rates from 5/4/20 ie 1.5% MS, 2% MS issue2 and 1.6% MS issue3 are equal or better than Marcus so I will leave it until 20/4 when I will empty all YBS accounts. 20/4 is a Monday, so would it be best to set up bank details by Friday 17/4 ?

Guess it depends on your tax status (today marks the start of a new tax year).  I'm a 40% taxpayer, only getting 1.2% and 0.96% respectively at YBS after tax (my £500 allowance will already be maxed with other accounts), so I've shifted the YBS money into a Cash ISA paying 1.5%.

What cash Isa pays 1.5%? 

glider3560

soulsaver said:

glider3560 said:

where_are_we said:

Thanks - but new YBS interest rates from 5/4/20 ie 1.5% MS, 2% MS issue2 and 1.6% MS issue3 are equal or better than Marcus so I will leave it until 20/4 when I will empty all YBS accounts. 20/4 is a Monday, so would it be best to set up bank details by Friday 17/4 ?

Guess it depends on your tax status (today marks the start of a new tax year).  I'm a 40% taxpayer, only getting 1.2% and 0.96% respectively at YBS after tax (my £500 allowance will already be maxed with other accounts), so I've shifted the YBS money into a Cash ISA paying 1.5%.

What cash Isa pays 1.5%? 

It is with Coventry Building Society, but is a closed issue (so cannot be opened now).