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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • Darlington BS has increased the rate on its Green RS from 2.10% to 2.25%, effective yesterday I think.  I am overwhelmed. 

    Yes, also the Darlington 'young saver' and teen regular savers upto 3.5% (from 3.05%)
    However no increase to their new regular monthly saver (or previous Special Occasion Saver) yet.
    Unless, as last month, they are updating their website in stages.
    I've just took most of my cash out of my 3 SOS accounts, for me the rate would need to be 3% or more to bother with.
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • JamesPeter
    JamesPeter Posts: 162 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 14 October 2022 at 10:01AM
    And the rate for the Darlington 'Young Saver' and 'Teen' Regular savers has just dropped to 3.3% according to their website!
    It looks like they are currently in the prcoess of fiddling about with interest rates on the website!


  • london21
    london21 Posts: 2,196 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.


  • kaMelo
    kaMelo Posts: 2,889 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    london21 said:
    Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.



    Why?  It might go up.
  • london21 said:
    Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.


    Regular savers & easy access, variable is the place to be just now me thinks.
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • ForumUser7
    ForumUser7 Posts: 2,525 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    And the rate for the Darlington 'Young Saver' and 'Teen' Regular savers has just dropped to 3.3% according to their website!
    It looks like they are currently in the prcoess of fiddling about with interest rates on the website!


    Just spoken with them now and they have confirmed 3.5% was a mistype, and the rates on both are 3.3%. They have also confirmed the special occasion saver rate and JISA rate will not be going up today
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • clowning
    clowning Posts: 135 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    london21 said:
    Rates constantly changing, the only thing i am not happy with the 2.75% Santander esaver account is that it is variable.


    Surely variable is best at the moment? It could go up
    #66
  • liamcov
    liamcov Posts: 658 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Principality - I've got 2 regular savers at 1.05%, can I close these and still get the interest?

    I want to open the latest 3.25% account, can I transfer one of the above into this or could I only do this if I'm at maturity?
  • Nick_C
    Nick_C Posts: 7,631 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    liamcov said:
    Principality - I've got 2 regular savers at 1.05%, can I close these and still get the interest?

    I want to open the latest 3.25% account, can I transfer one of the above into this or could I only do this if I'm at maturity?
    You certainly can, and should, close the old RS accounts paying peanuts.

    Principality's IT is archaic.  Any attempt to move money between accounts or close accounts is done by secure message, and needs to be received before 3:30pm.

    Based on my experience yesterday closing Issue 29, I would recommend

    1) Open Issue 30
    2) Fund it by Faster Payment once it is open
    3) Put in your requests to close the old issues and transfer the money out. 
  • refluxer
    refluxer Posts: 3,258 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    liamcov said:

    I want to open the latest 3.25% account, can I transfer one of the above into this or could I only do this if I'm at maturity?
    No, these are 1 year bonds and you can't reinvest the balance into another regular saver - even at maturity. You'll have to close the old regular savers and start again with the new one.
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