Regular Savings Accounts: The Best Currently Available List!

schiff

When did RBoS announce the increase at 5% up to £5000 balance of the Digital account? It's not given on page one.
TIA

RG2015

schiff said:

When did RBoS announce the increase at 5% up to £5000 balance of the Digital account? It's not given on page one.
TIA

They haven't. It was in a newspaper report.

https://www.yourmoney.com/saving-banking/natwest-and-rbs-savers-to-earn-5-on-up-to-5000/

https://forums.moneysavingexpert.com/discussion/6402502/rbs-and-natwest-digital-saver-changes/p1

Gers

where_are_we said:

If you opened an Furness RS5 in the last year and then closed it due to it`s interest rate becoming uncompetitive (like I did) you are allowed to open a new RS5 @ 4%.

But not online - Furness still wants paper applications.

where_are_we

Furness RS5 application by post is time consuming. But for 4% and access without loss of interest just about worth it for myself and OH - double the benefit for a little duplication. They told me a certified copy for ID was required. Over cautious in my opinion because we have been with them for a number of years, registered for online, and have everyday saver accounts. We do not pay for certifying, ever, as a matter of principle. However a government benefit letter (winter fuel allowance for us) less than 3 months old backed up by a bank statement is also Ok. 

trickydicky14

where_are_we said:

Furness RS5 application by post is time consuming. But for 4% and access without loss of interest just about worth it for myself and OH - double the benefit for a little duplication. They told me a certified copy for ID was required. Over cautious in my opinion because we have been with them for a number of years, registered for online, and have everyday saver accounts. We do not pay for certifying, ever, as a matter of principle. However a government benefit letter (winter fuel allowance for us) less than 3 months old backed up by a bank statement is also Ok. 

I'm waiting for my winter fuel letter to arrive, so you can confirm it will be Ok as I.D? Like you, no way am I paying for certified copies.

where_are_we

My Furness application plus government document plus bank account statement are in post so I can`t absolutely verify but go to their website - hover over savings at top - on right click general savings FAQ - first item is ID requirements.

veryintrigued

Nottingham BS Seasonal Saver 5 RS

Apologies for interrupting the chit chat but this has just launched 3.5%

RS4 has been closed for new applications

Nick_C

veryintrigued said:

Nottingham BS Seasonal Saver 5 RS

Apologies for interrupting the chit chat but this has just launched 3.5%

RS4 has been closed for new applications

3.5pc fixed for two years.  No withdrawals.  No early closure.

Thanks, but no thanks. 

happybagger

Loughborough BS

Issued a new interest rate leaflet yesterday, no changes to their open RS (2.5%) or closed RS rates.

source

[Deleted User]

happybagger said:

Loughborough BS

Issued a new interest rate leaflet yesterday, no changes to their open RS (2.5%) or closed RS rates.

source

Letter received today from Loughborough BS saying that they are increasing the maximum monthly amount which can be paid into their RS to £1000 (currently £500). This is stated to be so that they can "help" customers with their saving endeavours (or some such platitude). They would do more to help if they increased their rates in line with the base rate.