Regular Savings Accounts: The Best Currently Available List!

Descrabled

Principality RS27

1.5% fixed rate £1-£250 per month 12 month bond. No withdraw.

Not for me as my lower limit is now 2% no withdraw or 1.75% easy access (Virgin HB series)

george4064

Every_Penny_Counts said:

castle96 said:

re FD Reg Saver. Do I need to set up a standing order from the current a/c to the RS, or is it automatic? Obviously have, set up SO from my main a/c to the FD current a/c. TIA

As RG2015 said, they set it up. Just double checked mine & the next payment is set for Sun 29 May, so will come out the following day...

EPC

I managed to set up the standing order myself before the automatic one appeared. Didn’t know which one to cancel (they were both for the same future date) so took my chances, hopefully it won’t cause any issues (I don’t see why!)

Wheres_My_Cashback

Descrabled said:

Principality RS27

1.5% fixed rate £1-£250 per month 12 month bond. No withdraw.

Not for me as my lower limit is now 2% no withdraw or 1.75% easy access (Virgin HB series)

There was a time recently when Principality were ahead of the competition, but unfortunately those days seem to have gone. Shame, as they have one of the easiest opening/maturing processes and a great online facility.

trickydicky14

typistretired said:

Saffron BS I rang their 0800 number and was very quickly put through to an advisor. All completed in 5 minutes.

Just spoke to Lisa at Saffron, done and dusted in 5 minutes, what a joy.

soulsaver

Stafford Railway BS regular saver: Just tripped over info that says rate move expected 01 June to 1.3% variable.

Regular Saver – Issue 1 (srbs.co.uk)

Not a top RS, but instant access (in person/post); it's open ended & £500 pm max.

So after a year effectively you've got £6k in an 1.3% EA ac and still adding.


Post code limited.

Account is visible on line, but only transactable with pass book - so post or branch for withdrawals. 

Nick_C

soulsaver said:

Stafford Railway BS regular saver: Just tripped over info that says rate move expected 01 June to 1.3% variable.

I wouldn't open anything now that was less than 1.75% with access to withdraw the money when better rates come along.

I have a Skipton easy access tracker account (Flexible ISA) paying 1.35%.  I will move money from Chase @1.5% to Skipton next time the BOEBR goes up (unless Chase also increase their rate).

I currently have 8 RS with rates spread from 1.75% to 5%, with an average of 2.8%

Even so, with inflation at 9%, keeping money in the bank is still a sure fire way of losing value.  You will get a better return stocking up on cornflakes and dry or tinned food.

Daliah

soulsaver said:

Stafford Railway BS regular saver: Just tripped over info that says rate move expected 01 June to 1.3% variable.

Regular Saver – Issue 1 (srbs.co.uk)

Not a top RS, but instant access (in person/post); it's open ended & £500 pm max.

So after a year effectively you've got £6k in an 1.3% EA ac and still adding.


Post code limited.

Account is visible on line, but only transactable with pass book - so post or branch for withdrawals. 

You can get 1.3% at Ford Money, without a £500 deposit limit.

happybagger

Just for interest, I have a residual Hanley Economic BS reg saver account, used to be called Target Shares. Still open issue. Has paid 0.60% since May 2020. I've kept it with a low balance because they used to be "locals only" so also gave access to other accounts.

Finally, after 4 BoE rises, they are going to alter their accounts, but not until 1 July, and not until the NEXT BoE meeting has concluded.

I guess the directors of this society have maintained "working from home" and not been paying attention.

Special_Saver2

Hi Folks,

I have changed the following items on page 1 of this thread for this weekend's update.

- Interest rates on the three Bath BS regular savers updated (from 1st July onwards)
- Saffron BS 12 Month Fixed Rate Members Regular Saver (Issue 10) updated from issue 9
- Saffron BS Small Saver (Issue 3) withdrawn and removed from page 1
- Stafford Railway BS Regular Saver (Issue 1) interest rate increased to 1.3% from 1st June
- Principality BS Dylan Regular Saver Bond (Issue 9, children only) updated from issue 8, paying 2.75% now
- Chorley BS Children's Regular Saver (Issue 2) interest rate increased to 1.35%
- Principality BS Regular Saver Bond (Issue 27) updated from issue 26, paying 1.5% now
- Kent Reliance Regular Savings (Issue 6) interest rate increased to 1.4%

For this account - Bath BS 16-25 Regular Saver - my entry on page 1 already states the account can only be opened by people who work, live or study in Bath and my entry on this account - Bath BS Regular Saver - already says that existing customers can open this account.

Given rising interest rates, I am now changing the criteria for inclusion on page 1 of this thread. For inclusion on this thread, the minimum interest rate is 1.75%, or 1.25% if there are particularly good account conditions. 

I have gone through every account on the first page of this thread, checked the current interest rates and removed the accounts that no longer meet the criteria above.

I will do the next update the weekend after next.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

adindas

I just cheeked it my saffron 12 Month Fixed Rate Members Regular Saver is only paying 1.75%.

AFAIK you could not get two RSAs running parallel at the same time. I tried that last year they close one of them.

Is there any way of getting i10, such as closing i9 and reopen i10 in order to get interest of 2.05% ?