Regular Savings Accounts: The Best Currently Available List!

Gers

Got it open now, I hope! 

Malchester

Opened a Coventry RS online, or so I thought. Over a week later received an application form from them to complete and return to open the account. The prepaid envelope was not there. The letter also said I had to include a cheque for my first deposit but application form asks me how I want to make my deposit, including by bank transfer. Don't think I'll bother as much better RS available

GalacticaActual

HSBC UK have tweaked some of their interest rates from today, Thursday 28th April 2022 (Online Bonus Saver now paying up to 0.45%).

Their Regular Saver would appear to be staying at 1% 🤔🤷🏻‍♂️ (page 12 and 13 of the PDF leaflet - see below for link).

Link to HSBC UK PDF Savings Interest Rates leaflet: https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/interest-rates.pdf

Zuzi

I noticed the little promotion for Regular Saver interest rate in my First Direct app yesterday, and today, first thing in the morning, I opened the shiny new 3.5% account with them (I have the current account already). What a shame that the maximum monthly pay-in is just 300GBP...

Edit - typo

where_are_we

First Direct 3.5% Regular Saver opening is as previous RS`s. Application easy and straight forward (Log on and go to "products" - then to "Regular Saver". Account will not open until beginning of May (3 working days) as I posted previously.

RG2015

where_are_we said:

First Direct 3.5% Regular Saver opening is as previous RS`s. Application easy and straight forward (Log on and go to "products" - then to "Regular Saver". Account will not open until beginning of May (3 working days) as I posted previously.

Three working days. Does this start today or tomorrow?

1) Thu 28 Apr
2) Fri 29 Apr
3) Tue 3 May
4) Wed 4 May

Bobblehat

I don't think this has been covered for a while, but are there any SAVINGS accounts left that allow regular monthly transfers out to drip feed the likes of the 3.5% FD RS?

The "Best Feeder accounts" on page 1 of this thread all seem to suggest that you have do it through the associated current account rather than the attached savings account. I guess if any of those banks allowed regular monthly transfers from the saving account to the current account that would work, but I'm not sure if any let you do that. I do realise that the FD RS has to be fed from the FD current account, but it would be good if I could drip feed the FD CA from a savings account directly if possible.

RG2015

Bobblehat said:

I don't think this has been covered for a while, but are there any SAVINGS accounts left that allow regular monthly transfers out to drip feed the likes of the 3.5% FD RS?

The "Best Feeder accounts" on page 1 of this thread all seem to suggest that you have do it through the associated current account rather than the attached savings account. I guess if any of those banks allowed regular monthly transfers from the saving account to the current account that would work, but I'm not sure if any let you do that. I do realise that the FD RS has to be fed from the FD current account, but it would be good if I could drip feed the FD CA from a savings account directly if possible.

@Daliah posted that you can do this from the 1.50% Chase Saver.

https://forums.moneysavingexpert.com/discussion/comment/79097844#Comment_79097844

Daliah

Bobblehat said:

I don't think this has been covered for a while, but are there any SAVINGS accounts left that allow regular monthly transfers out to drip feed the likes of the 3.5% FD RS?

The "Best Feeder accounts" on page 1 of this thread all seem to suggest that you have do it through the associated current account rather than the attached savings account. I guess if any of those banks allowed regular monthly transfers from the saving account to the current account that would work, but I'm not sure if any let you do that. I do realise that the FD RS has to be fed from the FD current account, but it would be good if I could drip feed the FD CA from a savings account directly if possible.

as listed on page 1 of this thread, you can use the Chase saver account

happybagger

Bucks BS. Poor effort.

From 1 May 2022:

Regular Saver +0.10% to 1.20%
RS Locals (closed issue) +0.10% to 1.55%