Regular Savings Accounts: The Best Currently Available List!

happybagger

10_66 said:

Anyone keeping open their Melton Regular Saver (2%) and Loughborough Flexible Save To Buy (2%)?  I withdrew funds, but kept open in case of increase.  I don't think the Loughborough will increase the FSTB to match their standard Regular Saver, as they said it gets the bonus if house purchase is made.

Ditched the Lough BS FSTB account as there are plenty of other higher-paying RS accounts available now. Unlikely they would improve a closed issue account higher than their new RS account in my view.

It took 10 days to receive the closing cheque in the post (no other way than cheque)

Also just brought down two "closed issue" Mansfield RS accounts as they have made yet another rate change leaflet available effective yesterday but STILL not moved up from 2%. Had enough.

Wheres_My_Cashback

10_66 said:

Anyone keeping open their Melton Regular Saver (2%) and Loughborough Flexible Save To Buy (2%)?  I withdrew funds, but kept open in case of increase.  I don't think the Loughborough will increase the FSTB to match their standard Regular Saver, as they said it gets the bonus if house purchase is made.

Closed the FSTB weeks ago, it's never going to keep up with Easy access rates elsewhere and removed all bar £1 from MM a good few weeks ago too.

Wheres_My_Cashback

MiserlyMartin said:

It doesn't look like Darlington BS is going to respond at all to the last base rate rise, the regular savers are still at 2.5%. Might as well close them and put it in Santander because they will take another month to raise or not again after the coming rise next week.

I'd make that decision after the 3rd or potentially there may be an increase on the 1st ?

ForumUser7

Anyone know for the Ecology RS if it closes after 12 months please? I could not see anything on their summary box saying what happens at the end of 12 months, and there is actually stuff suggesting it lasts longer than this such as '£3000 max investment per calendar year' as opposed to £3000 max investment. I'm hoping to fund via direct debit, but don't want to have to send off the forms each year if opening a new one is required. Thank you

Bridlington1

ForumUser7 said:

Anyone know for the Ecology RS if it closes after 12 months please? I could not see anything on their summary box saying what happens at the end of 12 months, and there is actually stuff suggesting it lasts longer than this such as '£3000 max investment per calendar year' as opposed to £3000 max investment. I'm hoping to fund via direct debit, but don't want to have to send off the forms each year if opening a new one is required. Thank you

There is no end date to the account. Just set up the direct debit and you're good to go for the foreseeable future.

happybagger

Darlington tend to make changes at no particular date, not the 1st anyway.

Last changes were on 14 Oct in response to 22 Sept meeting decision

MiserlyMartin

If they put rates up on 14th October, then they haven't raised the rate on the regular saver this time?

happybagger

Correct. They made a small catch-up with their closed issue High Days account.
My main point related to the BoE decision this coming week - DBS tend not to follow the common '1st of the following month' change

Special_Saver2

Hi Everybody,

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

- Removed several accounts from the Feeder Account section as the interest rate they are paying is no longer very good in comparison to general savings accounts

- Halifax Regular Saver interest rate updated to 4.5% for new applicants

- Halifax Kids' Monthly Saver interest rate updated to 5% for new applicants

- Saffron BS Small Saver interest rate updated to 3.5%

- Saffron BS 12 Month Fixed Rate Members Regular Saver interest rate updated to 3%

- Interest rates that I use for inclusion on this thread updated to 2.75% (2.25% if the account terms are particularly good, e.g. you can pay in £500 per month or more, or if the account matures after at least 2 years)

- Removed several accounts whose interest rates no longer merit inclusion in this thread (I re-checked all of their interest rates before removing them)

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

kaMelo

@Special_Saver,
I noticed in the Homebuyer List that The Cumberland BS First Home Saver, now paying 2.5%, has dropped off but Coventry BS First Home Saver paying 2.25% is still on it. An oversight or am I missing something?