Regular Savings Accounts: The Best Currently Available List!

milton1970

wiseonesomeofthetime said:

apt said:

Coventry Building Society are reducing their interest rate on Regular Saver (ex Stroud and Swindon BS) accounts from 1.8% to 1.05% on 5 November. So much for rising interest rates.

I am surprised they kept it at that rate for as long as they did tbh.

Their own latest offering has been 1.05% for ages now.

Can only assume remaining holders must be long standing customers with large balances. 

Pitched it at just above other options to avoid a large cash outflow - it was nice whilst it lasted

apt

Speculator said:

apt said:

Coventry Building Society are reducing their interest rate on Regular Saver (ex Stroud and Swindon BS) accounts from 1.8% to 1.05% on 5 November. So much for rising interest rates.

Got the email this morning.

Will probably put a big chunk of it in a fixed rate account paying 1.8% or higher.

Does anyone remember how many withdrawals are allowed on the account per year?

Think it's one withdrawal a year, but you can close the account up to 3 December without penalty. Until a couple of years ago I had around £80,000 in 'loyalty' accounts with the Coventry. That will be going down to zero.

arsenalboy

Speculator said:

apt said:

Coventry Building Society are reducing their interest rate on Regular Saver (ex Stroud and Swindon BS) accounts from 1.8% to 1.05% on 5 November. So much for rising interest rates.

Got the email this morning.

Will probably put a big chunk of it in a fixed rate account paying 1.8% or higher.

Does anyone remember how many withdrawals are allowed on the account per year?

I need to find a home for a large sum! You quote fixed rate at 1.8% or higher. The most I can find is 1.76% for 2 year!

(I know this is reg saver thread but the question is related to a reg saver!!)

RG2015

arsenalboy said:

Speculator said:

apt said:

Coventry Building Society are reducing their interest rate on Regular Saver (ex Stroud and Swindon BS) accounts from 1.8% to 1.05% on 5 November. So much for rising interest rates.

Got the email this morning.

Will probably put a big chunk of it in a fixed rate account paying 1.8% or higher.

Does anyone remember how many withdrawals are allowed on the account per year?

I need to find a home for a large sum! You quote fixed rate at 1.8% or higher. The most I can find is 1.76% for 2 year!

(I know this is reg saver thread but the question is related to a reg saver!!)

3 year 1.81%
4 year 1.92%
5 year 2.05%

https://moneyfacts.co.uk/savings-accounts/

typistretired

I’m only opening 1 year RSs and Fixed Rate Accounts as it is predicted rates are going to rise

castle96

when is the next rate/Gov/BofE meeting?

eskbanker

castle96 said:

when is the next rate/Gov/BofE meeting?

November 4th

https://www.bankofengland.co.uk/monetary-policy/upcoming-mpc-dates

P3

Got an email, but not exciting at all

0.85% fixed RS, £500 pm, until Jan 2023, no withdrawal, branch only 

https://www.thenottingham.com/savings/products/fixed-regular-saver/

In fact it is AWFUL compare to Coventry BS 0.85% easy access, £1000 pm, apply online, 3 years

Shame really, they used to have many good cash ISA, regular saver too

where_are_we

Monmouthshire Building Society - Christmas Saver Bond (Issue3) Maturity forms. The new Christmas Saver Bond (Issue4) with an interest rate of 1.1% variable does not allow withdrawals. I have decided to open a CSB4 with minimum deposit of £10 with a view to adding money if the variable rate rises. There is nothing on their website about CSB4 and their online maturity form does not give CSB4 as an option to reinvest whereas the postal form does. This means having to send in the CSB3 passbook plus completed forms plus current account proof where most of the funds will be transferred to. I will provide a paying in slip as proof (current account is paperless). I ordered a book of paying in slips a few years ago for this very purpose.

typistretired

Monmouthshire Christmas Saver Bond Issue  4 only effective from 1st November 2021 as per leaflet in maturity pack