Regular Savings Accounts: The Best Currently Available List!

sharpinf

Puffer said:
I have a KR easy access account (issue 35), opened on-line, which still pays 1.43%.   And I would have opened a regular savings account with KR if it didn't perversely insist on this being done only in-branch.   Despite living in Kent, I have no branch nearer than some 15 miles away and little reason to travel there (and none at all during present restrictions!).   I fail to see why KR should impose this condition, especially not for an existing member.

I am in a similar boat to you, having had a previous issue 3 one mature this week I did call them (before I saw the rate drop) saying I was existing to them, would not consider visiting as essential travel and so apparently they are sending me a postal application pack for it in the next 7 days. Don't know if I just got lucky or if it'll turn up but it could be worth a try?

Nick_C

Far too many irrelevant posts have detracted from the value of this once great thread.

typistretired

cosh25 said:

New Virgin Money Regular E-Saver released. Rate now reduced to1.50%

Still better than Yorkshire Building Society!

Gers

SFindlay said:

Fingerbobs said:

Gers said:

cosh25 said:

New Virgin Money Regular E-Saver released. Rate now reduced to1.50%

Not going to bother for 1.50%  shame, though expected.

Rate is fixed, and unlimited penalty-free withdrawals allowed, so I'm considering opening one. 1.5% might look quite attractive in a few months time. 

There really isn't anything to lose opening one, as you say fixed rate and penalty free withdrwals  means can soon change your mind and move it if something better comes along which I seriously doubt will be anytime soon. 

I've got a few other RSs going so will swerve this one. 

It's come out only a month after RS 15 - not the 'usual' time interval.

soulsaver

sharpinf said:

Seems Kent Reliance have now moved onto issue 4 of their Regular Saver, down to 2% (from 3%), still upto £500 pay-in, variable interest rate and permitted withdrawls. 
https://www.kentreliance.co.uk/savings-accounts/regular-savings-account

Branch only...

surreysaver

Gers said:

cosh25 said:

New Virgin Money Regular E-Saver released. Rate now reduced to1.50%

Not going to bother for 1.50%  shame, though expected.

At the end of the day, it pays more interest after tax than I am paying on my mortgage.  I can take the money out in the future if it went the other way, so I have opened mine.  But it is month early - do you think Virgin might start issuing monthly Regular eSavers?  Bearing in mind they previously had monthly ones, alternating between branch and online versions....

surreysaver

sharpinf said:

Seems Kent Reliance have now moved onto issue 4 of their Regular Saver, down to 2% (from 3%), still upto £500 pay-in, variable interest rate and permitted withdrawls. 
https://www.kentreliance.co.uk/savings-accounts/regular-savings-account

What's not clear is if I can open an Issue 4 whilst I still have an Issue 3 which doesn't expire until July.

veryintrigued

Nick_C said:

Far too many irrelevant posts have detracted from the value of this once great thread.

You're not a fan of a painful blow by blow, hour by hour, post after post, of forumites panicking about accounts less than two weeks old (especially in these trying times where you'd expect longer times) on this fantastic thread rather than creating specific new threads?

;-)

badger09

Just had email from Ecology Building Society.

Regular Saver interest reducing from 1.75% to 1.25% from 4th May.
It was only a matter of time and I'll continue to use it as I have since November 2017 for modest, but not ridiculously tiny monthly savings drawn by DD.

veryintrigued

badger09 said:

Just had email from Ecology Building Society.

Regular Saver interest reducing from 1.75% to 1.25% from 4th May.
It was only a matter of time and I'll continue to use it as I have since November 2017 for modest, but not ridiculously tiny monthly savings drawn by DD.

Same here.

Hanley down to 0.6 on 1st for anyone who uses it...