Regular Savings Accounts: The Best Currently Available List!

veryintrigued

happybagger said:

Lough BS Closed Issue RS accounts effective 1/8

Flexible Save to Buy remains at 1.50%
Flexible Regular Saver increases from 1.2 to 2.0%

Not best pleased. Gave up on FSTB last month and closed it, only to find they raised it and not the FRS.
FRS has not had an increase since inception in 2020.

Thanks

I'll push another £490 to this Loughborough account to add to the £10 sent today and increase the standing order to £500.

ashteadgirl

happybagger said:

Lough BS Closed Issue RS accounts effective 1/8

Flexible Save to Buy remains at 1.50%
Flexible Regular Saver increases from 1.2 to 2.0%

Not best pleased. Gave up on FSTB last month and closed it, only to find they raised it and not the FRS.
FRS has not had an increase since inception in 2020.

Seems they are trying to get rid of the Flexible Save to buy, very very annoying

tg99

happybagger said:

Lough BS Closed Issue RS accounts effective 1/8

Flexible Save to Buy remains at 1.50%
Flexible Regular Saver increases from 1.2 to 2.0%

Not best pleased. Gave up on FSTB last month and closed it, only to find they raised it and not the FRS.
FRS has not had an increase since inception in 2020.

Same here!

10_66

ashteadgirl said:

Seems they are trying to get rid of the Flexible Save to buy, very very annoying

Could be because those that have had it since it started have built up a higher balance than most RS allow?

liamcov

Does the new Yorkshire BS 5% have a max balance? Wondering if I can get a 13th payment in to get it to £6500?

SonOfPearl

liamcov said:

Does the new Yorkshire BS 5% have a max balance? Wondering if I can get a 13th payment in to get it to £6500?

From the factsheet: "The maximum balance (excluding interest) is £6,000 at the end of the 1 year term".

Daliah

SonOfPearl said:

liamcov said:

Does the new Yorkshire BS 5% have a max balance? Wondering if I can get a 13th payment in to get it to £6500?

From the factsheet: "The maximum balance (excluding interest) is £6,000 at the end of the 1 year term".

YBS are also quite sharp on spotting, and returning, extra payments.

tg99

Re LBS Flexible Save To Buy, this account is not necessarily remaining at 1.5% as person I spoke to said it’s currently undergoing review. Hence think I will hold off withdrawing my balance for now to see what the outcome of this review is.

10_66

tg99 said:

Re LBS Flexible Save To Buy, this account is not necessarily remaining at 1.5% as person I spoke to said it’s currently undergoing review. Hence think I will hold off withdrawing my balance for now to see what the outcome of this review is.

Difficult to know what to do, when I spoke to them yesterday, I was only given the usual "our rates are permanently reviewed" line.

tg99

10_66 said:

tg99 said:

Re LBS Flexible Save To Buy, this account is not necessarily remaining at 1.5% as person I spoke to said it’s currently undergoing review. Hence think I will hold off withdrawing my balance for now to see what the outcome of this review is.

Difficult to know what to do, when I spoke to them yesterday, I was only given the usual "our rates are permanently reviewed" line.

The way it was explained to me was that it is not a case of them having reviewed this and decided not to change the rate but just that they’ve not reached a decision yet on the review of this account. Was told that rates can be updated at any time not just monthly. I’ll give it another few weeks esp since 1.5% still ok-ish.