Regular Savings Accounts: The Best Currently Available List!

Prudent

Thank you SS2.

I am not sure if this has been posted. TSB is offering 2% on £125 per month. I have a TSB current account, but the information does not seem to suggest a linked account is a requirement.

https://www.tsb.co.uk/savings/instant-access/?WT.ac=A00417

RG2015

Prudent said:

Thank you SS2.

I am not sure if this has been posted. TSB is offering 2% on £125 per month. I have a TSB current account, but the information does not seem to suggest a linked account is a requirement.

https://www.tsb.co.uk/savings/instant-access/?WT.ac=A00417

It is the third entry in section 6 on page 1 of this thread.

https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

In the Summary Box, it says you must set up a standing order from a TSB current account.

LateStarter

I've got both the First Direct Regular Saver Account and HSBC Regular Saver; when I log into online banking they both show the interest rate as 1.09% even though the linked pages are still saying 1%.

where_are_we

Received my Furness BS RS4 maturity instructions today. New RS5 rate not great but to remain a member, I will open a new RS5 @1.2% variable £250/month because one withdrawal or closure of account is allowed without loss of interest. Would have been nice if opening a RS5 was one of the maturity options. I had 4 RS accounts but RS5 is limited to 1.

soulsaver

Edit, see below.

10_66

soulsaver said:

where_are_we said:

Received my Furness BS RS4 maturity instructions today. New RS5 rate not great but to remain a member, I will open a new RS5 @1.2% variable £250/month because one withdrawal or closure of account is allowed without loss of interest. Would have been nice if opening a RS5 was one of the maturity options. I had 4 RS accounts but RS5 is limited to 1.

But note the RS5 is £500 pm... 

Furness leaflet states maximum for RS5  is £250 pm.

soulsaver

10_66 said:

soulsaver said:

where_are_we said:

Received my Furness BS RS4 maturity instructions today. New RS5 rate not great but to remain a member, I will open a new RS5 @1.2% variable £250/month because one withdrawal or closure of account is allowed without loss of interest. Would have been nice if opening a RS5 was one of the maturity options. I had 4 RS accounts but RS5 is limited to 1.

But note the RS5 is £500 pm... 

Furness leaflet states maximum for RS5  is £250 pm.

Apologies, you're correct. I failed to follow a line correctly in my spreadsheet.  I'll edit the post so people don't go digging in vain...

bristolleedsfan

where_are_we said:

Received my Furness BS RS4 maturity instructions today. New RS5 rate not great but to remain a member, I will open a new RS5 @1.2% variable £250/month because one withdrawal or closure of account is allowed without loss of interest. Would have been nice if opening a RS5 was one of the maturity options. I had 4 RS accounts but RS5 is limited to 1.

I withdrew current regular saver down to £100 + pay in £1 per month, will do same with new RS

where_are_we

bristolleedsfan said:

where_are_we said:

Received my Furness BS RS4 maturity instructions today. New RS5 rate not great but to remain a member, I will open a new RS5 @1.2% variable £250/month because one withdrawal or closure of account is allowed without loss of interest. Would have been nice if opening a RS5 was one of the maturity options. I had 4 RS accounts but RS5 is limited to 1.

I withdrew current regular saver down to £100 + pay in £1 per month, will do same with new RS

Furness did increase the RS4 rate from 1% to 1.2% on 1/3/22 - I benefited by almost £2 due to this uplift. There is a chance the RS5 will increase its interest rate before the end of it`s term.

badger09

Prudent said:

Thank you SS2.

I am not sure if this has been posted. TSB is offering 2% on £125 per month. I have a TSB current account, but the information does not seem to suggest a linked account is a requirement.

https://www.tsb.co.uk/savings/instant-access/?WT.ac=A00417

RG2015 said:

Prudent said:

Thank you SS2.

I am not sure if this has been posted. TSB is offering 2% on £125 per month. I have a TSB current account, but the information does not seem to suggest a linked account is a requirement.

https://www.tsb.co.uk/savings/instant-access/?WT.ac=A00417

It is the third entry in section 6 on page 1 of this thread.

https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

In the Summary Box, it says you must set up a standing order from a TSB current account.

 I've been funding my TSB RS (previous version & current offering) from an external account since January 2021