Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Folks,

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

- Cumberland BS Regular Saver (Issue 3) interest rate increase to 1.65% noted

- Cumberland BS First Home Saver Account (Issue 2) interest rate increase to 1.65% noted

- Nationwide BS Start to Save (Issue 2) interest rate increase to 3% noted

- Nationwide BS Flex Regular Saver interest rate increase to 3% noted

- Royal Bank of Scotland Digital Regular Saver Account and NatWest Digital Regular Saver Account interest rate increases to 3.75% gross p.a. (3.82% AER) variable up to £1,000 then 0.5% on £1,001 - £5,000 then 0.4% above £5,000 from 12th September 2022 noted

- Loughborough BS Regular Saver (Issue 1) added paying 2.5% on up to £500 per month until the account becomes a closed issue (and then no further deposits can be made)

- Nottingham BS Seasonal Saver (Issue 4) replaces issue 3; still matures on 14th November 2023 but this issue is paying 2.5% fixed on up to £500 per month (maximum balance £8,000) and no withdrawals allowed until 14th November 2023

- Bath BS Homestart Regular Saver interest rate increase to 2.25% from 1st October noted

- Bath BS Regular Saver interest rate increase to 1.95% from 1st October noted

- Bath BS 16-25 Regular Saver interest rate increase to 5.05% from 1st October noted

- Monmouthshire BS Regular Saver Bond (Issue 7) terms and conditions updated to show this can now only be opened in a branch

- Principality BS Dylan Regular Saver Bond (Issue 10, children only) updated from issue 9; issue 10 is paying 3.2% on up to £150 per month for 12 months

- Principality BS First Home Steps Savings Account (Issue 3) interest rate increase updated with 1.8% - 2.5% gross p.a. variable (1.8% if your balance is £2,500, then 2% if your balance is £2,501 - £7,500 then 2.5% from £7,500 to £25,000) from 1st September

- Principality BS Learner Earner Issue 3 (Adult with a Child) interest rate increase to 3.2% from 1st September noted

- Principality BS NHS Thank You Saver (Issue 4) and Principality BS NHS Thank You Online Saver (Issue 4) interest rate increase to 2.25% from 1st September noted

- Chorley BS Children's Regular Saver (Issue 2) interest rate increase to 1.7% from 29th September noted

- Mansfield BS Young Regular Saver (3rd Issue) interest rate increase to 3% from 1st September noted

- Darlington BS Teen Goal Saver interest rate increase to 3.05% noted

- Darlington BS Darly Young Saver interest rate increase to 3.05% noted

- Darlington BS Special Occasion Saver interest rate increase to 2.5% noted

- Darlington BS Green Regular Saver interest rate increase to 2.1% noted

- Progressive BS Children's Clockwork Regular Saver (Issue 1) interest rate increase to 2% noted

- Penrith BS Junior Affinity Regular Saver (children only) interest rate increase to 3.45% noted

I have tried to look at every entry on page 1 of this thread but I have not been able to look at all of them as I seem to be having trouble trying to go to a few of the websites (e.g. Halifax, West Brom BS).

The Saffron BS website is one of the websites I cannot look at for the moment. I have noted that I need to look at this old account, which is currently listed on page 1 - https://www.saffronbs.co.uk/savings/regular-savings-accounts/small-saver-issue-4 and this new account next weekend - https://www.saffronbs.co.uk/savings/regular-savings-accounts/12-month-fixed-rate-members-regular-saver-issue-11

Next weekend, I will also decide on what interest rate thresholds to use for inclusion on page 1 of this thread and decide whether to then add the new Mansfield BS accounts.

I will do the next update next weekend.

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

Ed-1

Special_Saver2 said:

Hi Folks,

- Principality BS Dylan Regular Saver Bond (Issue 10, children only) updated from issue 9; issue 10 is paying 3.2% on up to £150 per month for 12 months

The Principality Dylan regular saver is a 3 year term, not 12 months.

dcs34

Special_Saver2 said:

Next weekend, I will also decide on what interest rate thresholds to use for inclusion on page 1 of this thread and decide whether to then add the new Mansfield BS accounts.

I will do the next update next weekend.

SS2

---

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

Not sure if it got missed or didn't meet the interest rate / T&C thresholds, but could add Beehive (NBS) Home Start Regular Saver paying 2.5% on £500/month, matures 1st Nov 2023.

https://www.beehivemoney.co.uk/savings/regular-saver/

Vortigern

dcs34 said:
Not sure if it got missed or didn't meet the interest rate / T&C thresholds, but could add Beehive (NBS) Home Start Regular Saver paying 2.5% on £500/month, matures 1st Nov 2023.

https://www.beehivemoney.co.uk/savings/regular-saver/

NBS is Nottingham BS but the account is not limited to locals.

where_are_we

Beehive RS @ 2.5% fixed with no withdrawals for 12 months? I will miss this one out. Interest rates have further to rise.

trickydicky14

where_are_we said:

Beehive RS @ 2.5% fixed with no withdrawals for 12 months? I will miss this one out. Interest rates have further to rise.

That’s the fly in the ointment

kaMelo

Cumberland RS and First Home Saver both up to 2.05% as of 7th September.

Reg_Smeeton

Special_Saver2 said:

5. Matures After More Than 12 Months, Requires Another Account

Royal Bank of Scotland Digital Regular Saver Account

Interest rate: 3.75% gross p.a. (3.82% AER) variable up to £1,000 then 0.5% on £1,001 - £5,000 then 0.4% above £5,000 from 12th September 2022
Monthly payment: £1-£150 
Miss any payments: No stated penalty for missing a payment
Penalty-free withdrawals: Yes, as many as you wish. No interest paid in the month the account is closed.
Age of applicant: 18 years or over
How to open account: Online or using the bank's app
Special conditions: You must have a current account with them. Open to any UK resident.

Do we have any confirmation of the rate rise on this account from 12/9? I’ve seen the info on the NatWest website, but can’t see anything about it on RBS

RG2015

Reg_Smeeton said:

Special_Saver2 said:

5. Matures After More Than 12 Months, Requires Another Account

Royal Bank of Scotland Digital Regular Saver Account

Interest rate: 3.75% gross p.a. (3.82% AER) variable up to £1,000 then 0.5% on £1,001 - £5,000 then 0.4% above £5,000 from 12th September 2022
Monthly payment: £1-£150 
Miss any payments: No stated penalty for missing a payment
Penalty-free withdrawals: Yes, as many as you wish. No interest paid in the month the account is closed.
Age of applicant: 18 years or over
How to open account: Online or using the bank's app
Special conditions: You must have a current account with them. Open to any UK resident.

Do we have any confirmation of the rate rise on this account from 12/9? I’ve seen the info on the NatWest website, but can’t see anything about it on RBS

It is here.

https://www.rbs.co.uk/savings/manage-your-savings/savings-interest-rates-changes.html

easysaver

Principality: Dylan Regular Saver Bond

Does anyone have more than one issue of this account?  It appears to be allowed from the product information:

• The child can only have one of this issue number of the Dylan Regular Saver Bond