Regular Savings Accounts: The Best Currently Available List!

Bridlington1

t1redmonkey said:

Bridlington1 said:

t1redmonkey said:

Reg_Smeeton said:

Saffron Building Society Small Saver  


New issue released today, rate increases from 3.5% to 4% fixed

Any idea if this applies to existing accounts?  Just checked app and it's still showing as 3.5%.

It doesn't. Though you can ring them and convert your account to the new rate, though the entire balance plus any interest earned to date, barring £50 will be transferred to your nominated account.

I sent them a secure message on this, and they replied within 4 minutes!  As you explained, they came back and said they could transfer £50 from my existing Small Saver into the new 4% one, but rest would have to be paid out to me.  So I confirmed I was fine with this, and they went ahead and took those actions within 10 minutes.  Very quick of them to respond/action those secure messages in this day and age I have to say.

They are very quick from my experience. I've just telephoned them myself. All done within 2 minutes. The longest I've ever spent on the phone to them was 7 mins back in April when I updated my nominated account details.

Nick_C

Band7 said:

jaypers said:

Still a lot of talk about 3.5% accounts etc. Surely First Direct have reset the bar? I’ve got 3 Regular Savers on the go…….going forwards I won’t even be considering anything under 5%. 

3.5% accounts are great for people who still have money left after filling up all the higher rates. And for people who don’t want or can’t have the pre-req current accounts for the higher rate RSs

... provided they are variable interest or allow withdrawals or early closure without penalty.  If they don't offer that flexibility, then you are better off in a one year fix.

trickydicky14

The no longer available Nationwide regular saver which currently pays 3.5%, do I recall someone saying the rate is going up in Dec, or am I imagining it. It's just along with Saffron @ 3% it's languishing down the tables a bit.

rob37uk

trickydicky14 said:

The no longer available Nationwide regular saver which currently pays 3.5%, do I recall someone saying the rate is going up in Dec, or am I imagining it. It's just along with Saffron @ 3% it's languishing down the tables a bit.

Yes - existing Flex Regular savers go up to 4% from 1st December

10_66

Wheres_My_Cashback said:

JamesPeter said:

Darlington Building Society:

The older Special Occasion Saver (no longer available to open) has also increased to 3.5% and earlier 'High Days and Holidays' RS up a measly 0.15% to 2.6%.

 

https://www.darlington.co.uk/savings-accounts/regular-savings-accounts/

Where have you obtained info from for the Special Occasion Saver ? I've just contacted them and they've told me there has not been any increase and the old rate remains. I did press them a few times on this and they were sure it hasn't increased, however I appreciate CS can 'sometimes' be wrong.


EDIT;
Five minutes after speaking to them and 10 minutes after first checking the old rate showing on my account page, i decided to login again.

Low and behold the rate has now increased to 3.50% on the SOS and the Green.

How can they get it so wrong and be so adamant about it !!!!

They’re hopeless, I rang end of last week to check about rates, they said no imminent intention to increase rate, so I withdrew the balance (bar the minimum).

Vortigern

mjv1986 said:

I current have a first direct reg saver with a 1st account current account.

The other day I did the nationwide switch offer of £200 without realising... (corrected that for you)

Once the switch is done, can I just open another 1st current account does anyone know.

I'm guessing my regular saver will stop too.

If possible you should open a new current account with first direct BEFORE your switch completes. That might preserve your existing regular saver.

ForumUser7

10_66 said:

Wheres_My_Cashback said:

JamesPeter said:

Darlington Building Society:

The older Special Occasion Saver (no longer available to open) has also increased to 3.5% and earlier 'High Days and Holidays' RS up a measly 0.15% to 2.6%.

 

https://www.darlington.co.uk/savings-accounts/regular-savings-accounts/

Where have you obtained info from for the Special Occasion Saver ? I've just contacted them and they've told me there has not been any increase and the old rate remains. I did press them a few times on this and they were sure it hasn't increased, however I appreciate CS can 'sometimes' be wrong.


EDIT;
Five minutes after speaking to them and 10 minutes after first checking the old rate showing on my account page, i decided to login again.

Low and behold the rate has now increased to 3.50% on the SOS and the Green.

How can they get it so wrong and be so adamant about it !!!!

They’re hopeless, I rang end of last week to check about rates, they said no imminent intention to increase rate, so I withdrew the balance (bar the minimum).

I called last week too - I just asked the approximate timeframe/date for any rate increases in general and was told nothing was happening to any accounts. I planned to wait till 10th Dec just in case, but the rate on the teen goal saver remains the same so I withdrew it all this morning. To their credit, it is already in my nominated bank account, but it is a it seems very odd that the kids regular savers have not gone up given that most providers pay higher rates on kids accounts than adults. Other societies have been able to give advance dates when I have asked, just not the exact product and rate details of course, unless they were published for everyone.

*EDIT* I’m aware the JISA is a kids account and increased to 3.75% from 3.5%, I more mean their children’s regular savers.

happybagger

I find the increase in the High Days account of just 0.15% a disgrace when the other closed issue Special Occasions and open RS account have both gone up to 3.5%, both with better terms. I did withdraw a lot from the High Days recently as they weren't doing anything with rates. It took two weeks to get the nominated account set up. Time to close the High Days down completely.

LZC

Did the Nationwide Flex RS account allow a 13th month payment?

Descrabled

Nationwide Flex RS account did indeed allow a 13th payment