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Regular Savings Accounts: The Best Currently Available List!
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Deleted_User said:Coventry Building Society variable rates are rising from tomorrow (1 March). Regular Saver 5 increases by only 0.10% from 1.05% to 1.15%. First Home Saver goes up by 0.15% from 0.85% to 1%.
rate-change-notice-feb-2022.pdf (coventrybuildingsociety.co.uk)
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I have held off on Coventry RS5 @ 1.05% waiting for better offers - not sure if 1.15% is good enough - there is a penalty for withdrawals. If you need access to your money, Coventry First Home Saver going up to 1.00% is a possibility, accepting £1000 a month and conditions allow you to be saving up for a family member`s first home deposit.
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If people would mark which institution (and RS) they're referring to within their post or quote the previous post they're referring to it would make it far easier for others to either skim over or help.
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Bath BS Homestart Regular Saver
Just to note that Bath BS do indeed contact you around the time of your 35th birthday, to say the account will convert to an instant saver account with a much reduced rate, and then convert it. They are diligent with their Ts and Cs. For the benefit of anyone who may be a little under 35 and considering this account.
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Darlington Building Society Special Occasion Saver (Regular Savings Account) now 1.65% from 1st March 2022. (up from 1.4% yesterday).Same T&C's - 3 Accounts, max £250 per month per accountTheir other Regular Savers also seem to have increased as well (Green Reg Saver now 1.25% and childrens/teens accounts increased)
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Buckinghamshire Building Society Regular Saver Locals (closed issue)
This is showing today as 1.45%, up from 1.25% which applied from 1 February. Effectively instant access (but can't replace funds removed). Full base rate increase has been applied.
I can't see anything on the BBS website advertising increased rates but presumably rates on other accounts have gone up too.
Good old Buckinghamshire!3 -
For those that already have them HSBC & First Direct Regular Savers rates have increased by a whopping 0.09% from today, so now 1.09% AER.
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Moneyfacts is reporting that Saffron Building Society will be launching issue 9 of their 12 month fixed rate members regular savings account. It will be paying 1.75% and allows deposits of £50 - £500 per month.
Going by previous announcements, I expect that it will be available via the Saffron BS website from Wednesday, 2nd March.
https://www.saffronbs.co.uk/Savings/Regular-Savings-Accounts
Existing holders of the issue 8 members regular saver may not be able to open it though. Let's see once it has launched.
Please call me 'Kazza'.4 -
Principality First Home Steps Account Online (Issue 1)
Tiered Rates increased from today - Top tier >£7.5K now 1.90%1 -
Deleted_User said:Buckinghamshire Building Society Regular Saver Locals (closed issue)
This is showing today as 1.45%, up from 1.25% which applied from 1 February. Effectively instant access (but can't replace funds removed). Full base rate increase has been applied.
I can't see anything on the BBS website advertising increased rates but presumably rates on other accounts have gone up too.
Good old Buckinghamshire!
Their normal RS has been increased to 1.1 today from 0.9%1
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