Regular Savings Accounts: The Best Currently Available List!

Wheres_My_Cashback

ForumUser7 said:

The new Principality rates have been released. Some of the rows are incorrect I believe, i.e. my learner earner issue 3 pays 3.5% not 2.95% so this row is wrong. The First Home Saver Issue 3 rate is also wrong. Therefore perhaps take it with a pinch of salt, but seeing as it is official marketing communication I figured it deserved a post.

*EDIT* I've noticed this document is named 'Savings Rate Change Branch Notice September' despite being headed November

FHS online 2 rates are also incorrect, should be 2.80 / 3.00 / 3.50

ForumUser7

Wheres_My_Cashback said:

ForumUser7 said:

The new Principality rates have been released. Some of the rows are incorrect I believe, i.e. my learner earner issue 3 pays 3.5% not 2.95% so this row is wrong. The First Home Saver Issue 3 rate is also wrong. Therefore perhaps take it with a pinch of salt, but seeing as it is official marketing communication I figured it deserved a post.

*EDIT* I've noticed this document is named 'Savings Rate Change Branch Notice September' despite being headed November

FHS online 2 rates are also incorrect, should be 2.80 / 3.00 / 3.50

Wheres my cashback - I could not tag you for some reason but in relation to the point you've raised:

I called a branch and they had a look at the document on the website and I got a very concerned ‘can I just pop you on hold for a moment while I check something’. The guy checked it out and will feedback to head office it needs correcting - he agrees several of the rates are wrong.

That said, every one who has noticed it should still report it to get it resolved quicker - as it seems currently, lots of accounts have not had rises when they should have.

Kazza242

Wheres_My_Cashback said:

FHS online 2 rates are also incorrect, should be 2.80 / 3.00 / 3.50

The Principality First Home Steps Online (issue 2 - current issue) interest rates of 3.50% (£7,501+), 3.00% (£2,501 - £7,500) and 2.80% £1 - £2,500 came into effect on 13th October 2022.  The rates for this account haven't changed following the increases The Principality have announced today. 

The interest rates on the FHS online (issue 1 - closed issue) have been increased (w.e.f 17th Nov 2022) to 3.35% (£7,501+), 2.85% (£2,501 - £7,500) and 2.65% £1 - £2,500 respectively.  

Wheres_My_Cashback

Kazza242 said:

Wheres_My_Cashback said:

FHS online 2 rates are also incorrect, should be 2.80 / 3.00 / 3.50

The Principality First Home Steps Online (issue 2 - current issue) interest rates of 3.50% (£7,501+), 3.00% (£2,501 - £7,500) and 2.80% £1 - £2,500 came into effect on 13th October 2022.  The rates for this account haven't changed following the increases The Principality have announced today. 

Which is what I said, however their current updated website page (see above) states something from a long time ago.

Kazza242

Wheres_My_Cashback said:

Kazza242 said:

Wheres_My_Cashback said:

FHS online 2 rates are also incorrect, should be 2.80 / 3.00 / 3.50

The Principality First Home Steps Online (issue 2 - current issue) interest rates of 3.50% (£7,501+), 3.00% (£2,501 - £7,500) and 2.80% £1 - £2,500 came into effect on 13th October 2022.  The rates for this account haven't changed following the increases The Principality have announced today. 

Which is what I said, however their current updated website page (see above) states something from a long time ago.

I understood what you were saying in your initial post, but some people looking at Principality's incorrect interest rate listing for the FHS online issue 2 (2.50% / 2.00% / 1.80%) and then the comments about the correct rates for this account (3.50%, 3.00% and 2.80%) may incorrectly think that the higher rates for this account have been applied by The Principality today.

I just wanted to point out that the 3.50%, 3.00% and 2.80% rates for issue 2 were applied on the 13th October 2022 and that there has been no increase to the rate on this particular account today.

Anyway, hopefully the Principality will correct their rate sheet now that it's been raised with them.    

ForumUser7

Nationwide Savings Account Rate Changes (Effective 1st December):

On 18 November, we increased the interest rates on some of our savings accounts:

• 1 Year Triple Access Online Saver
• 1 Year Triple Access Online ISA
• Flex Instant Saver.

On 1 December, we’ll be increasing the interest rates on some of our other savings accounts.

Find out how your savings account's interest rate will change: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd558-important-changes.pdf?rev=5d58bb4757754e84bce2f70bd75b6409

@special_saver2

Nationwide BS Start to Save Issue 2 5% (wef 01/12) https://www.nationwide.co.uk/savings/start-to-save/

Nationwide BS Flex Regular Saver 4% (wef 01/12) NLA to new applications

Their Start to Save Issue 2 is going to 5% - along with the prize draw, this makes it one of the best regular savers to hold in my opinion. Worth mentioning though, if you withdraw funds it may invalidate your entry into the draw, dependent on how much you withdraw.

garfield33

Thanks for the Principality updates (why don't they email this to us? Or did I tick something saying don't tell me? Anyway...)

It looks like the NHS Online Thank You Saver information is also wrong - I've just logged in and my account is showing 3.00% while the leaflet says 2.25% (I think it was already at 3.00%, don't think that's new from 17/11 but could be wrong)

wiseonesomeofthetime

ForumUser7 said:

Nationwide Savings Account Rate Changes (Effective 1st December):

On 18 November, we increased the interest rates on some of our savings accounts:

• 1 Year Triple Access Online Saver
• 1 Year Triple Access Online ISA
• Flex Instant Saver.

On 1 December, we’ll be increasing the interest rates on some of our other savings accounts.

Find out how your savings account's interest rate will change: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd558-important-changes.pdf?rev=5d58bb4757754e84bce2f70bd75b6409

@special_saver2

Nationwide BS Start to Save Issue 2 5% (wef 01/12) https://www.nationwide.co.uk/savings/start-to-save/

Nationwide BS Flex Regular Saver 4% (wef 01/12) NLA to new applications

Their Start to Save Issue 2 is going to 5% - along with the prize draw, this makes it one of the best regular savers to hold in my opinion. Worth mentioning though, if you withdraw funds it may invalidate your entry into the draw, dependent on how much you withdraw.

Good news, though my Flex RS matures next week anyway 🤷‍♂️

ForumUser7

wiseonesomeofthetime said:

ForumUser7 said:

Nationwide Savings Account Rate Changes (Effective 1st December):

On 18 November, we increased the interest rates on some of our savings accounts:

• 1 Year Triple Access Online Saver
• 1 Year Triple Access Online ISA
• Flex Instant Saver.

On 1 December, we’ll be increasing the interest rates on some of our other savings accounts.

Find out how your savings account's interest rate will change: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd558-important-changes.pdf?rev=5d58bb4757754e84bce2f70bd75b6409

@special_saver2

Nationwide BS Start to Save Issue 2 5% (wef 01/12) https://www.nationwide.co.uk/savings/start-to-save/

Nationwide BS Flex Regular Saver 4% (wef 01/12) NLA to new applications

Their Start to Save Issue 2 is going to 5% - along with the prize draw, this makes it one of the best regular savers to hold in my opinion. Worth mentioning though, if you withdraw funds it may invalidate your entry into the draw, dependent on how much you withdraw.

Good news, though my Flex RS matures next week anyway 🤷‍♂️

I opened a flex RS literally the day before they withdrew it - possibly one of the best regular Saver decisions I’ve made 😂

Band7

wiseonesomeofthetime said:

ForumUser7 said:

Nationwide Savings Account Rate Changes (Effective 1st December):

On 18 November, we increased the interest rates on some of our savings accounts:

• 1 Year Triple Access Online Saver
• 1 Year Triple Access Online ISA
• Flex Instant Saver.

On 1 December, we’ll be increasing the interest rates on some of our other savings accounts.

Find out how your savings account's interest rate will change: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd558-important-changes.pdf?rev=5d58bb4757754e84bce2f70bd75b6409

@special_saver2

Nationwide BS Start to Save Issue 2 5% (wef 01/12) https://www.nationwide.co.uk/savings/start-to-save/

Nationwide BS Flex Regular Saver 4% (wef 01/12) NLA to new applications

Their Start to Save Issue 2 is going to 5% - along with the prize draw, this makes it one of the best regular savers to hold in my opinion. Worth mentioning though, if you withdraw funds it may invalidate your entry into the draw, dependent on how much you withdraw.

Good news, though my Flex RS matures next week anyway 🤷‍♂️

So does mine. Dare we hope they'll offer us another RS? Or do they hope we will put the matured balance into their 1 year online bond at 4% (no chance!)?