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Regular Savings Accounts: The Best Currently Available List!

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  • 10_66
    10_66 Posts: 3,448 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Nick_C said:
    When you click the YBS link loyalty sixth access shows 0.75%
    While what you say is true, that i(Loyalty Six Access Saver) isn't the account that the letter says my maturity funds will be paid into, nor is it the rate quoted in the letter.

    Until the account actually matures, I will assume that the letter is accurate, and the funds will go into a Six Access Saver at 0.65%.
    My letter doesn't refer to the Loyalty Six Access Saver either, it just says the funds will be transferred into their Six Access Saver @ 0.65%.
  • swanfan02
    swanfan02 Posts: 1,059 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    New regular saver from Suffolk Building Society, 2.00%

    • You need to be aged 16 or over.
    • Deposit between £10 and £50.
    • Be an existing member or a new member resident in postcode areas IP, NR, CO, CM, CB or PE.
    • Be a permanent UK resident.
    • An individual is only allowed to be the sole or first named account holder on one Nature Reserve Regular Saver (31.05.2024). However, you can also be the second named account holder on one joint account.
  • I have the Ipswich/Suffolk Reg Saver issue 1 that matures on the 28th of this month.

    I have received the maturity letter and am confused. I thought this was a 14 month account and opened it in Dec 2020 and my 14th payment was in Jan and then I cancelled the SO.

    The maturity letter states my balance at the end of January is 3500 which is correct, but goes on to state that the maturity balance will have my Feb deposit added to it. This would make it 3750 and turn it into a 15 month account?

    Looking at the original terms it states that you must make a deposit each calendar month.

    Has anybody got a view on what I should be doing i.e., sit still or quickly resurrect the SO for 1 month? 
    Surely, unless your first payment was credited on 1 December then 14th month is not completed until some time in February.
    I do not have one of these accounts so cannot check the terms on which it was issued and whether 15 payments are allowed/expected.
    Dec 2020, plus 12 months in 2021, plus jan and feb 2022, comes to 15 monthly payments.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Seventh Anniversary 500 Posts Name Dropper
    edited 16 February 2022 at 7:28PM
    When should we expect rates to rise on some of the fixed rate regular savers which are still languishing at 1% (or less). I have a few coming up for maturity soon and am in two minds as to whether to renew at 1% or wait for possible increases.

    eg HSBC Regular Saver: currently 1% and still showing at 1%. Mine matures 8th March
         Club Lloyds MS: currently paying 1% and still showing at that rate. Mine matures April.
         First Direct RS: currently paying 1% and no increase yet. Maturity in April.

    I have a TSB MS at 1% maturing on 23 February. New rate is 2%. Should I hold off renewal for a possible further increase?

    What sayeth the forum?
  • When should we expect rates to rise on some of the fixed rate regular savers which are still languishing at 1% (or less). I have a few coming up for maturity soon and am in two minds as to whether to renew at 1% or wait for possible increases.

    eg HSBC Regular Saver: currently 1% and still showing at 1%. Mine matures 8th March
         Club Lloyds MS: currently paying 1% and still showing at that rate. Mine matures April.
         First Direct RS: currently paying 1% and no increase yet. Maturity in April.

    I have a TSB MS at 1% maturing on 23 February. New rate is 2%. Should I hold off renewal for a possible further increase?

    What sayeth the forum?
    I was thinking similar.

    Couldn't believe that Halifax, Lloyds we're still paying 0.75 for their normal RS still.
  • RG2015
    RG2015 Posts: 6,048 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 16 February 2022 at 8:58PM
    When should we expect rates to rise on some of the fixed rate regular savers which are still languishing at 1% (or less). I have a few coming up for maturity soon and am in two minds as to whether to renew at 1% or wait for possible increases.

    eg HSBC Regular Saver: currently 1% and still showing at 1%. Mine matures 8th March
         Club Lloyds MS: currently paying 1% and still showing at that rate. Mine matures April.
         First Direct RS: currently paying 1% and no increase yet. Maturity in April.

    I have a TSB MS at 1% maturing on 23 February. New rate is 2%. Should I hold off renewal for a possible further increase?

    What sayeth the forum?
    2% is my new minimum for regular savers so TSB is the only one I will go for, also next week as it happens.

    I have already passed on FD and HSBC last October, although I renewed Coventry in October at 1.05 because of the higher monthly limit of £500.


  • I have a TSB MS at 1% maturing on 23 February. New rate is 2%. Should I hold off renewal for a possible further increase?

    What sayeth the forum?
    I'd grab the 3% offerings from Natwest and RBS (if I did not already have them). I'm not inclined to think TSB will increase their RS rate for a while yet.
  • apt
    apt Posts: 3,231 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I didn't renew my Club Lloyds Monthly Saver which matured at 1.5% in January. 1% is not enough.
  • Monmouthshire BS - Member Exclusive Regular Saver Bond - 1.52%

    I'm having trouble finding the paperwork for this account, in my paperwork, in emails, online. I missed a payment one month (two sentences in, not looking particularly competent!) and just wondering whether I can make up the payment later on. Is anybody able to please enlighten me?
  • refluxer
    refluxer Posts: 3,184 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    vermania said:
    Monmouthshire BS - Member Exclusive Regular Saver Bond - 1.52%

    I'm having trouble finding the paperwork for this account, in my paperwork, in emails, online. I missed a payment one month (two sentences in, not looking particularly competent!) and just wondering whether I can make up the payment later on
    All regular savers have a maximum monthly contribution limit so you won't be able to exceed that. You can sometimes squeeze an extra payment in at the end though depending on how the dates fall and provided the account doesn't have a stated total maximum amount limit.
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