Regular Savings Accounts: The Best Currently Available List!

qwert10

says locals only 

1.25%

Gross*/AER#/variable

• 4 withdrawals per year
• Available to existing members or those in local area
• Save up to £250 a month
• Up to 3 accounts can be held per member

Every_Penny_Counts

qwert10 said:

says locals only 

1.25%

Gross*/AER#/variable

• 4 withdrawals per year
• Available to existing members or those in local area
• Save up to £250 a month
• Up to 3 accounts can be held per member

Or “existing members”, & as JamesRobinson48 correctly pointed out, “membership of the Darlington BS can be quite quickly and easily obtained by any UK resident, by first opening an Instant Access account.”

EPC

castle96

Why "3 a/cs per member" rather than £750 p/mth ?

happybagger

Actually that's better as you then get 12 withdrawals rather than 4!

wiseonesomeofthetime

Tipton Building Society sending emails out now with maturity options for their Regular Saver that matures 31 December 2021.

Autorollover into a 7 day notice account at 0.25% if you don't submit your choice. 

One year fixed option is 0.90%

I opted for close account and all funds to nominated account. 

schiff

31/12 is a Friday with a few non-banking days to follow. Could even be a good idea to give the 7 day notice on the auto rollover account.

Bobblehat

Email from Furness BS on 16th about the Branch Regular Saver from January 2020, which rolled over (at a lower rate) in Jan 2021. Looks like there won't be a roll over Jan 2022 as an RS, but balance can be rolled over into a new fixed rate saver. Email says details to follow shortly. It was good while it lasted, but let's see what the new offer is, as their current savings rates are a little underwhelming.

where_are_we

Tipton Building Society have 2 versions of their maturing 1.35% RS. I opened a postal one in November 2020 which has a maturity in February 2022 and allowed 16 payments. At the same time there was an App version with maturity on 31/12/21 which allowed 14 payments.

happybagger

Bobblehat said:

Email from Furness BS on 16th about the Branch Regular Saver from January 2020, which rolled over (at a lower rate) in Jan 2021. Looks like there won't be a roll over Jan 2022 as an RS, but balance can be rolled over into a new fixed rate saver. Email says details to follow shortly. It was good while it lasted, but let's see what the new offer is, as their current savings rates are a little underwhelming.

They do have a one year RS available to all, though it's variable rate. 

refluxer

My Principality Regular Saver Issue 23 @ 1.25% matured yesterday so I've closed it and won't be opening another, due to the drop to 1% with Issue 24.

I think my brief dabble with Regular Savers (as a drip-feeder) looks to be coming to an end. Once I discount all the childrens' accounts, those I'm ineligible for or those that don't offer online access (or don't have a branch nearby), then I'm left with around 6 out of the 36 or so accounts listed on the first page of this thread and, at a typical 1% and £250/month, the MSE RS calculator works out I would be just £4/year better off by drip-feeding from my Tesco Internet Saver, so the already-small benefit has halved... and at that level, I've decided it's just not worth my time setting these things up any more.