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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • SFindlay said:

    Monmouthshire

    For those who wish to continue discussing issues around Regular Savers on this Regular Saver Accounts: Best Currently Available (of which Monmouthshire Christmas Saver is right up there at top of list)  thread rather than be dictated to by others and have to search in different threads for answers has anyone opened the account in branch rather than by post and if so was it by appointment only and was it opened there and then? 
    I went into branch on Friday  25th November. Appointment only and the earliest appointment available was the following Wednesday 30th. The process took about 20 minutes. I was not a current member having cashed in my previous RS in September due to lack of good options with them at the time so had to provide id and signature. My online account was still active and I had to use the add account option. The following Monday I was able to see the initial payment along with the subsequent December funding on the 1st.

  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    Some rate hikes on existing Chorley accounts 


  • ForumUser7
    ForumUser7 Posts: 2,523 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Today, the Bank of England has increased its base rate by 50 basis points, to a new rate of 3.5%.


    Hopefully we'll see some savings providers increase their rates before Christmas, but it'll likely be January for most.

    Thoughts? ~ https://forums.moneysavingexpert.com/discussion/6411359/bank-of-england-15-december-2022#latest
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Kazza242 said:
    Following the Bank of England's base rate rise to 3.50%, the Coventry Building Society First Home Saver rate is increasing from 2.95% to 5.00% w.e.f 6th January 2023.

    Their Regular Saver account will be increasing from 3.15% to 4.00%.

    Well done The Coventry!
    I'll echo that well done ! Very Good news indeed.
  • Kazza242 said:
    Following the Bank of England's base rate rise to 3.50%, the Coventry Building Society First Home Saver rate is increasing from 2.95% to 5.00% w.e.f 6th January 2023.

    Their Regular Saver and Regular Saver (5) account rate will be increasing from 3.15% to 4.00%.

    Well done The Coventry!
    Wow. I certainly didn't expect them to go up that high, especially the FHS upping the interest rate by nearly 70%. Combined with the limited access saver going up to 3.25%, Coventry have suddenly become a lot more competitive of late.
  • Rudyson
    Rudyson Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Kazza242 said:
    Following the Bank of England's base rate rise to 3.50%, the Coventry Building Society First Home Saver rate is increasing from 2.95% to 5.00% w.e.f 6th January 2023.

    Their Regular Saver and Regular Saver (5) account rate will be increasing from 3.15% to 4.00%.

    Well done The Coventry!
    Wow. I certainly didn't expect them to go up that high, especially the FHS upping the interest rate by nearly 70%. Combined with the limited access saver going up to 3.25%, Coventry have suddenly become a lot more competitive of late.
    And well done to them for announcing immediately what their new rates will be, and from when.

  • AmityNeon
    AmityNeon Posts: 1,085 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Kazza242 said:
    Following the Bank of England's base rate rise to 3.50%, the Coventry Building Society First Home Saver rate is increasing from 2.95% to 5.00% w.e.f 6th January 2023.
    That is a huge increase, with a hefty £1,000 monthly deposit limit, and no current account requirements.
  • Long overdue question but what is to stop a homeowner using a 'First Home Saver' or equivalent as a Regular saver? Some first hand knowledge of acceptance or refusal would be welcome. Thanks in advance...
  • happybagger
    happybagger Posts: 1,074 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    They are of course making up for it elsewhere. The account I have is rising by 0.1%, and many accounts are rising by 0.35% or less. Clearly a change of focus.
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