Regular Savings Accounts: The Best Currently Available List!

chris_the_bee

Dudley BS raised interest rate on 1 year Regular Saver Online Issue 2 by a less than magnanimous 0.3% from 2.2% to an underwhelming 2.5% WEF 23rd November. Other accounts including those withdrawn also increased by differing amounts.

[Deleted User]

Bucks BS Members and Locals RS (a legacy account) to increase to 3.45pc from 1 December (from 2.80pc).

Their available RS goes from 2.45pc to 3pc on the same date.

happybagger

surreysaver said:

Rudyson said:

phillw said:

No idea what they were doing then. They spent more money on the cheque than I got in interest.

I have a cheque from Santander for 1p interest. i kept it as a souvenir

But balancing the books is important. Think how much it would have cost in auditors if the penny had just been ignored

Imagine their irritation at that penny not reconciled due to the cheque not being banked by Rudyson then 

subjecttocontract

I received a final demand (a red one) from British Telcom for £0. So, I sent them a cheque or £0.......never heard from them again. I framed the final demand and hung it in my office.  

Bridlington1

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Edit: Ts&Cs below:

Band7

Bridlington1 said:

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Apply by Post only? Are they joking?

Nick_C

Bridlington1 said:

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Key points;

Open in branch or by post.

Fixed interest

• No withdrawals are permitted until 1st October 2023.
• If you close your account before 1st October 2023, the account will not qualify for the 5.50% AER/Gross interest rate. Any interest you have earned will be calculated at 0.20% AER/Gross.

t1redmonkey

I wouldn't usually bother with any 'apply by post' accounts, but I think I will make the effort for a 5.5% one

Edit: Just realised I have 2 branches in my city so I can go to a branch instead (never even noticed their presence here before!).

ForumUser7

Nick_C said:

Bridlington1 said:

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Key points;

Open in branch or by post.

Fixed interest

• No withdrawals are permitted until 1st October 2023.
• If you close your account before 1st October 2023, the account will not qualify for the 5.50% AER/Gross interest rate. Any interest you have earned will be calculated at 0.20% AER/Gross.

This is a very good rate, but I think no penalty-free closure option makes it one of the few I will not apply for...

Wheres_My_Cashback

Bridlington1 said:

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Edit: Ts&Cs below:

Bridlington1 said:

Monmouthshire BS have launched a Christmas Saver bond at 5.5% (max £200/mth).

Edit: Ts&Cs below:

I'd almost given up on Monmouthshire having another decent rate account.

I assume they've changed the opening method to cut out the need for them to send you the application form after you'd applied online as previously. This should meana quicker opening date in theory.

Fortunately I retain pre-paid envelopes just in case needed for times like now.