Regular Savings Accounts: The Best Currently Available List!

Band7

Kent Reliance finally creeping back with a 3% RS, as of tomorrow. Almost all existing issues will be upgraded to 3%, too. https://www.kentreliance.co.uk/interest-rates

ForumUser7

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

happybagger

Deleted_User said:

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.

Just had that myself. Had to chuckle. I had reduced my s/o to £5 pm a month ago just to keep the account active (I appreciate there is no need to make a deposit but it keeps the details at the bank). Their rate has fallen well behind neighbouring ESBS now.

happybagger

Yorkshire BS

New interest rates announced, no increase to the Loyalty RS accounts

source (all rates)

Any increases in rates will not take place until 9th December

liamcov

Yorkshire BS

Make me a saver: 1.95 -> 2.6%

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.