Regular Savings Accounts: The Best Currently Available List!

adindas

DragonQ said:

Is it worth waiting until next month before opening any of these regular savers (as we all know rates will rise again)? Or is this likely the best offer from Lloyds for a while?

There is no good reason to wait. It is an unlimited withdrawal. If something come up better than Lloyds, just withdraw it to minimum balance and adjust your SO to minimum as well.

If something better come up from Lloyds RSA, Just renew this RSA to easy saver and then reapply the new one.

kaMelo

Lloyds only require a minimum balance of £25, there is no requirement for any ongoing monthly payment after this initial deposit but any you do make must be at least £25.

lightbulb2760

Nationwide Start to Save Issue 2 up from 3% to 3.5% from 1st November

ForumUser7

lightbulb2760 said:

Nationwide Start to Save Issue 2 up from 3% to 3.5% from 1st November

Ok, this is great news -> funny that me and cricidmuslibale were literally voicing our disappointment at nationwide's failure to pass on the recent rate increase this morning 😂

soulsaver

Frustratingly Halifax is only offering me the 2.5% rate for their Reg Saver after the usual process to close the old. However their processes won't let me close the replacement everyday saver on line, if that's connected? 

ForumUser7

ForumUser7 said:

lightbulb2760 said:

Nationwide Start to Save Issue 2 up from 3% to 3.5% from 1st November

Ok, this is great news -> funny that me and cricidmuslibale were literally voicing our disappointment at nationwide's failure to pass on the recent rate increase this morning 😂

Here is the document, for anyone wondering about their other accounts:
https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd544-important-changes.pdf?rev=fc35841efe014bcb9178f197cfffd7a0

ForumUser7

soulsaver said:

Frustratingly Halifax is only offering me the 2.5% rate for their Reg Saver after the usual process to close the old. However their processes won't let me close the replacement everyday saver on line, if that's connected? 

For some reason, Halifax didn't increase their regular saver rate yesterday despite Lloyds and Bank of Scotland doing so - it remains 2.5%

soulsaver

Daliah said:

I did this last week at BOS, Halifax and Lloyds, on accounts which were only 3 or 4 months old.

I have just now opened and funded the new account, with the new rates, at both BOS and Lloyds. The 12-months rule one the website is clearly not enforced by their systems 

@ForumUser7 I'm kind of glad it's not just me...

Millyonare

Good deal on the Lloyds Club regular saver today at 5.25%.

Took less than 300 seconds to set up and fund and see it earning interest 

ForumUser7

soulsaver said:

Daliah said:

I did this last week at BOS, Halifax and Lloyds, on accounts which were only 3 or 4 months old.

I have just now opened and funded the new account, with the new rates, at both BOS and Lloyds. The 12-months rule one the website is clearly not enforced by their systems 

@ForumUser7 I'm kind of glad it's not just me...

Yeah, in relation to your post before the edit, Daliah's post 18 October at 11:33AM mentions that they then opened the BOS and Lloyds accounts again, not Halifax. Hopefully Halifax increases their rate to match soon, but it could be a different product - 'regular saver' vs 'monthly saver'. I am minded to think this too given the terms are different such as no withdrawals without penalty free closure, rather than unlimited withdrawals.