Regular Savings Accounts: The Best Currently Available List!

inkydolphin

Every_Penny_Counts said:

isasmurf said:

Nationwide Flex RS increases to 3% on 1st Sept

Over62 said:

isasmurf said:

Nationwide Flex RS increases to 3% on 1st Sept

Also their Start to Save issue 2.  Good news.

And for those who still have it, the Start to Save issue 1 goes up to 1.75%

Just to add to this, Nationwide loyalty saver (again, for those who still have one) up to 1.6%. Not an earth shattering rate but handy if you move your money around daily!

Yorkshire_Pud

Daliah said:

creditavenger said:

I won't be taking this one up, and will let all of my others go now, unless a competitive rate rise is announced pdq.

Not much point waiting when you can get 2.21% in a 90 day notice account, for all of your money in the Virgin RSs. Unless you aren't sure whether you need the money in the next 90 days

Good idea. What is the 90 day notice account referred to please?

Daliah

Yorkshire_Pud said:

Daliah said:

creditavenger said:

I won't be taking this one up, and will let all of my others go now, unless a competitive rate rise is announced pdq.

Not much point waiting when you can get 2.21% in a 90 day notice account, for all of your money in the Virgin RSs. Unless you aren't sure whether you need the money in the next 90 days

Good idea. What is the 90 day notice account referred to please?

It's the OakNorth 90 day one - but there are others, with different notice periods and different AERs. https://moneyfacts.co.uk/savings-accounts/best-notice-accounts/?quick-links-first=false

There's a notice account thread on the forum.

Kazza242

Loughborough Building Society have launched Regular Saver (issue 1) paying 2.50%.

The interest rate is variable.

It allows deposits of up to £500 per month.  Withdrawals are also permitted.  It is available to open via branch or post. 

The account is open ended.  The maximum account balance is £85,000.

See https://www.theloughborough.co.uk/savings/easy-access/regular-saver-issue-1

Descrabled

Loughborough

Thanks Kazza for info on this new R S.  The Flex Save-to-Buy (no longer available) has now increased interest rate to 2%.  Not before time.  Loughborough always seem to be late to the party.

gwapenut

Ask I right in thinking there is no online access for the Loughborough at all?

Kazza242

Descrabled said:

Loughborough

Thanks Kazza for info on this new R S.  The Flex Save-to-Buy (no longer available) has now increased interest rate to 2%.  Not before time.  Loughborough always seem to be late to the party.

I have the Loughborough Flexible Save To Buy and Flexible Monthly Saver accounts (both now paying 2.00%).  Yes, agreed, they were slow to increase their interest rates. 

I reduced my monthly deposits into both accounts to £10 respectively.  I'm not sure whether I should increase them, especially as there will be another BOE MPC meeting in September.  Easy access account rates will soon surpass 2.00%.

I'll open their Regular Saver (issue 1) as at 2.50% it is a decent rate at the moment.    

Kazza242

gwapenut said:

Ask I right in thinking there is no online access for the Loughborough at all?

Yes, that's correct.

Bridlington1

gwapenut said:

Ask I right in thinking there is no online access for the Loughborough at all?

It looks like it. Also it appears that unless you go into branch, you have to make your initial deposit by cheque alongside proof of adress and ID, all of which needs to be posted to them.

Kazza242

Bridlington1 said:

It looks like it. Also it appears that unless you go into branch, you have to make your initial deposit by cheque alongside proof of adress and ID, all of which needs to be posted to them.

It states that on their website, but as an existing Loughborough BS customer when I opened their Save To Buy, it stated the same info (re: providing ID etc.) but I did not send any.  They opened the account for me.