Regular Savings Accounts: The Best Currently Available List!

veryintrigued

Wheres_My_Cashback said:

Daliah said:

Shame the great rate on the RBS/Natwest RS is limited to £1,000. Still, it is massively better than the gimmicky Chase Roundup 5% account as it is nigh on impossible to accrue £1,000, or even only £500 in the Chase account.

Hardly, £812 sitting in the round-up after 6 months with ease.

£500+ here too

ColdIron

Only £250, I fear the MSE police will be feeling my collar soon

wiseonesomeofthetime

RG2015 said:

wiseonesomeofthetime said:

Indeed, just a few hours after my last post, it now shows 5.10% AER / 4.98% Gross 👍

This is your composite rate when you have more than £1,000.

If you reduce the balance to £1,000 it will show 5.12% aer / 5.00% gross

Ah right. Yeah it currently stands at £1006.12 (left the interest in there recently) 👍

Update: Interest now moved to my Gatehouse account, so I'll see what my app shows as interest rate tomorrow. Thanks again.

Confirmed. Now showing 5.00% gross and 5.12% AER in app 😁

veryintrigued

Coventry BS

RS5 rate increases to 2.4%

Kazza242

veryintrigued said:

Coventry BS

RS5 rate increases to 2.4%

The Coventry BS First Home Saver (regular savings account) rate is also going up from 1.85% to 2.25% w.e.f. 7th October 2022.

kaMelo

Kazza242 said:

veryintrigued said:

Coventry BS

RS5 rate increases to 2.4%

The Coventry BS First Home Saver (regular savings account) rate is also going up from 1.85% to 2.25% w.e.f. 7th October 2022.

Good to know, despite the name there is no requirement to be a first time buyer and it operates essentially like an easy access account.

Wheres_My_Cashback

kaMelo said:

Kazza242 said:

veryintrigued said:

Coventry BS

RS5 rate increases to 2.4%

The Coventry BS First Home Saver (regular savings account) rate is also going up from 1.85% to 2.25% w.e.f. 7th October 2022.

Good to know, despite the name there is no requirement to be a first time buyer and it operates essentially like an easy access account.

But the rate for this account has always been behind the curve, hence my balance sits at £1. By 7/10 there are likely to be much better options for the money.

JamesPeter

Darlington Building Society (Special Occasion Saver Account)

A slight change to the T&Cs for the Darlington BS Special Occasion Saver (Regular Saver).

Previously you could open three of these accounts and pay in a max of £250 per month to each account.

Now, you can only open one Special Occasion Saver account and fund it upto a maximum of £750 per month.

Max Account Balance: £30,000

Details in the Summary Box on their website::

 https://www.darlington.co.uk/wp-content/uploads/2022/09/Summary-Box-Regular-Monthly-Saver-account-v1.pdf

and account webpage (scroll down for t&c's)

https://www.darlington.co.uk/savings-account/regular-monthly-saver-account/

What I am not sure of though, is if you already have the 3 existing Special Occasion Saver accounts, can you now pay £750 per month into each? It is not clarified in the Summary Box. Or for example, will they eventually merge 3 account holdings into 1 account to prevent this. Or will they amend their t&c's to say those with multiple accounts can only pay in £750 max per month across all their SOS accounts?

I will ask next time I am passing a branch.

Edit 09:14hrs:

Just a semi update to this. Since my original post, the Darlington BS website has been updated.

It appears what was the 'Special Occasion Saver' is now siuperseeded by the 'Regular Monthly Saver Account' - with the new T&C's above.

Links now also updated above.

Not sure what happens with the Special Occasions Saver Accounts as the 'Regular Monthly Saver' seems to have superseeded the Special Occasion Saver. However the Special Occasion Saver does not appear in their 'Closed Regular Savings Accounts' list (as this point in time anyway).

https://www.darlington.co.uk/savings-accounts/savings-help/closed-savings-accounts/

trickydicky14

JamesPeter said:

Darlington Building Society (Special Occasion Saver Account)

A slight change to the T&Cs for the Darlington BS Special Occasion Saver (Regular Saver).

Previously you could open three of these accounts and pay in a max of £250 per month to each account.

Now, you can only open one Special Occasion Saver account and fund it upto £750 per month.

Max Account Balance: £30,000

Details in the Summary Box on their webpage:

 https://www.darlington.co.uk/wp-content/uploads/2022/09/Summary-Box-Regular-Monthly-Saver-account-v1.pdf

and webpage (scroll down for t&c's)

https://www.darlington.co.uk/savings-account/regular-monthly-saver-account/

What I am not sure of though, is if you already have the 3 existing Special Occasion Saver accounts, can you now pay £750 per month into each? It is not clarified in the Summary Box. Or of they will eventually merge 3 account holdings into 1 account to prevent this.

I will ask next time I am passing a branch.

Don't know why they didn't do this in the first place what with all the admin involved.

JamesPeter

trickydicky14 said:

JamesPeter said:

Darlington Building Society (Special Occasion Saver Account)

A slight change to the T&Cs for the Darlington BS Special Occasion Saver (Regular Saver).

Previously you could open three of these accounts and pay in a max of £250 per month to each account.

Now, you can only open one Special Occasion Saver account and fund it upto £750 per month.

Max Account Balance: £30,000

Details in the Summary Box on their webpage:

 https://www.darlington.co.uk/wp-content/uploads/2022/09/Summary-Box-Regular-Monthly-Saver-account-v1.pdf

and webpage (scroll down for t&c's)

https://www.darlington.co.uk/savings-account/regular-monthly-saver-account/

What I am not sure of though, is if you already have the 3 existing Special Occasion Saver accounts, can you now pay £750 per month into each? It is not clarified in the Summary Box. Or of they will eventually merge 3 account holdings into 1 account to prevent this.

I will ask next time I am passing a branch.

Don't know why they didn't do this in the first place what with all the admin involved.

I asked in-branch about this when I opened my 3 accounts early last year. The response I received was that it caters for couples who want to have one individual account each and one joint account.

However, the new t&c's now prevent having the joint account if two individual ones are held:

A maximum of one account can be opened per person. Accounts can be
opened in joint names, but only one account, whether in single or joint names
can be held per person