Regular Savings Accounts: The Best Currently Available List!

granta

JamesRobinson48 said:

Stafford Railway BS is increasing the interest rate on its existing RS product to 2.5% (variable) effective 15 August.  This RS is currently generally available to UK residents (was formerly restricted to local postcodes).  IMHO it seems a decent deal as savers can pay in up to £500 pm, the account has an indefinite term, and the account max is £100k.

https://srbs.co.uk/savings/detail/regular-saver-issue-1

Looks good. Similarish to the old Loughborough Save to Buy but with better rates

hgt

JamesRobinson48 said:

Stafford Railway BS is increasing the interest rate on its existing RS product to 2.5% (variable) effective 15 August.  This RS is currently generally available to UK residents (was formerly restricted to local postcodes).  IMHO it seems a decent deal as savers can pay in up to £500 pm, the account has an indefinite term, and the account max is £100k.

https://srbs.co.uk/savings/detail/regular-saver-issue-1

I understand you can open the account online, but then it's a case of post (or branch) to operate the account. Do SRBS offer any kind of online service? Even if only a read-only view of the balance etc?

soulsaver

Yep - its passbook operated - so branch or post. TBF, it may have worked in my favour: cba to fill the forms and post the book. If were easier I'd have cut & run by now and be regretting it... at least for now. 

happybagger

As it seems to allow more than one deposit, just topped mine up to £500 monthly deposit and set it at that.

Good spot James

trickydicky14

I have just started to complete the SRBS online application form only to find when I get to the stage asking me to check all the info I have given it states the interest rate is something like 1.5% and not 2.5% so I stopped at that point. What’s going on, has It not been updated? It may well be wrong but I’m not happy to agree to the info and move on.

Every_Penny_Counts

trickydicky14 said:

I have just started to complete the SRBS online application form only to find when I get to the stage asking me to check all the info I have given it states the interest rate is something like 1.5% and not 2.5% so I stopped at that point. What’s going on, has It not been updated? It may well be wrong but I’m not happy to agree to the info and move on.

If you read JamesRobinson48's post it stated that it is effective from 15 August, today is the 13th....

kaMelo

I suspect it's an admin error rather than something sinister as the rate is clear on their website, I would imagine once opened the account will be paying the correct amount.
If it's not then it's not too much hassle, either complain and/or close it depending upon whether they correct it or not.


And of course, it's not the 15th yet as @Every_Penny_Counts pointed out.

[Deleted User]

trickydicky14 said:

I have just started to complete the SRBS online application form only to find when I get to the stage asking me to check all the info I have given it states the interest rate is something like 1.5% and not 2.5% so I stopped at that point. What’s going on, has It not been updated? It may well be wrong but I’m not happy to agree to the info and move on.

I noticed that too when applying. However it states on the website that the rate is variable and will be 2.5% from 15 August (Monday). I carried on, on the basis that 2.5% will be the applicable rate from Monday. It does say that the account can be withdrawn from sale at any time, so presumably there is a limit to the number of applications they will accept, I thought it best to get in quick.

Gers

Where is the SRBS online application form please? I can't see it all on their website.

Thanks

Bridlington1

Gers said:

Where is the SRBS online application form please? I can't see it all on their website.

Thanks

Go onto the regular saver page on the SRBS website and click the blue "Apply Online" button just under the heading "How do I open and manage my account"