Regular Savings Accounts: The Best Currently Available List!

Wheres_My_Cashback

One to watch....

COVENTRY BS

The Bank of England Base Rate has gone up today

You might have heard that the Bank of England increased the Base Rate on Thursday 5 May to 0.25%.

We’re pleased to say we’re increasing the rates on most of our variable savings accounts effective 1 June 2022.

If your rate changes, we’ll be in touch with you to let you know by 20 May 2022 - you don’t need to do anything at all.

Clearly it wasn't proof read before being sent out !

LateStarter

Wheres_My_Cashback said:

One to watch....

COVENTRY BS

The Bank of England Base Rate has gone up today

You might have heard that the Bank of England increased the Base Rate on Thursday 5 May to 0.25%.

We’re pleased to say we’re increasing the rates on most of our variable savings accounts effective 1 June 2022.

If your rate changes, we’ll be in touch with you to let you know by 20 May 2022 - you don’t need to do anything at all.

Clearly it wasn't proof read before being sent out !

A correction has been issued (and hopefully the shoud-have-proofread-but-didn't culprit is now in the stocks). Glad I kept the RS open now.

typistretired

Yes I received the second email too correcting earlier email 

[Deleted User]

Coventry BS too quick off the mark to be first to tell us that their variable rates would be increasing following today's base rate rise. 

Big_W

Deleted_User said:

Coventry BS too quick off the mark to be first to tell us that their variable rates would be increasing following today's base rate rise. 

Personally I applaud Coventry for doing so. Beats the ones that completely ignore the recent BoE rate rises.

(acknowledged that a BS raising rates is a commercial decision, and sometimes they don't need to attract any more savings deposits)     

RG2015

Deleted_User said:

Coventry BS too quick off the mark to be first to tell us that their variable rates would be increasing following today's base rate rise. 

Will be very interesting to see if any of their new rates are competitive come the 1st of June. 

SFindlay

Deleted_User said:

Coventry BS too quick off the mark to be first to tell us that their variable rates would be increasing following today's base rate rise. 

Why too quick off the mark?? Seems like it's the old story can't do right for doing wrong, if they didn't announce changes for a while everyone would be moaning!!

Let's be honest the 0.25% increase hardly came out the blue so all organisations have had plenty of time to decide what their response would be if that expected increase did come as expected so Coventry (and many other institutions) will have known what they would do and hats off to them for declaring early. 

Bobblehat

Deleted_User said:

Coventry BS too quick off the mark to be first to tell us that their variable rates would be increasing following today's base rate rise. 

I received a heads up on the 0.25% BOE increase from Charter Savings Bank an hour before the Coventry email ....and CSB got it right too!  So Coventry not that quick off the mark!

CSB say they are reviewing their rates too .... so let's see what they can offer!

veryintrigued

SFindlay said:

Deleted_User said:

Coventry BS too quick off the mark to be first to tell us that their variable rates would be increasing following today's base rate rise. 

Why too quick off the mark?? Seems like it's the old story can't do right for doing wrong, if they didn't announce changes for a while everyone would be moaning!!

Let's be honest the 0.25% increase hardly came out the blue so all organisations have had plenty of time to decide what their response would be if that expected increase did come as expected so Coventry (and many other institutions) will have known what they would do and hats off to them for declaring early. 

Indeed.

It's laughable that there have been seven (make that eight now) updates on this thread around the emails highlighting to Coventry members that they will be making some sort of increase but with no details.

That's an email(s) which all Coventry RS holders will have received anyway.

It's such a shame this thread has become so diluted with members posting diaries, non news and details of pseudo RS.

Does anyone know where the thread identifing new Regular Savers or factual changes to rates of RS went?

10_66

Santander Regular Saver:  Account opened 11th April, initial standing order went in on the 13th April.  Is the first date that I can add to it the 11th or the 13th, please?  I think it's the 11th (going on what their summary states), but as the only date shown on the statement is the 13th, just want to make sure.