Regular Savings Accounts: The Best Currently Available List!

Wheres_My_Cashback

subjecttocontract said:

According to the MSE site the Barclays rainy day account is a regular saver with no limits on monthly credits. So, can I just deposit £5k once into the account ?

Yes...........

Band7

subjecttocontract said:

According to the MSE site the Barclays rainy day account is a regular saver with no limits on monthly credits. So, can I just deposit £5k once into the account ?

That's a really odd one from MSE. Barclays aren't calling it a Regular Saver, and the account has none of the characteristics of a Regular Saver account. Yes, you can put £5k in at once, and you can withdraw and deposit as much as you like whenever you like.

k_man

Band7 said:

subjecttocontract said:

According to the MSE site the Barclays rainy day account is a regular saver with no limits on monthly credits. So, can I just deposit £5k once into the account ?

That's a really odd one from MSE. Barclays aren't calling it a Regular Saver, and the account has none of the characteristics of a Regular Saver account. Yes, you can put £5k in at once, and you can withdraw and deposit as much as you like whenever you like.

I wonder if that is because it beats most regular savings accounts (normally RS rates are better than EA).

Be daft to miss/avoid it just because it's not an RS.

Band7

k_man said:

Band7 said:

subjecttocontract said:

According to the MSE site the Barclays rainy day account is a regular saver with no limits on monthly credits. So, can I just deposit £5k once into the account ?

That's a really odd one from MSE. Barclays aren't calling it a Regular Saver, and the account has none of the characteristics of a Regular Saver account. Yes, you can put £5k in at once, and you can withdraw and deposit as much as you like whenever you like.

I wonder if that is because it beats most regular savings accounts (normally RS rates are better than EA).

Be daft to miss/avoid it just because it's not an RS.

I have no idea what the reason might be. I also certainly don't advocate to miss the account. I was amongst the first ones opening it. AFAIK, this forum lists the account in the Easy Access thread.

AmityNeon

subjecttocontract said:

According to the MSE site the Barclays rainy day account is a regular saver with no limits on monthly credits. So, can I just deposit £5k once into the account ?

Above the comparison table:

"Alternatively, Barclays Blue Rewards members can get its Rainy Day Saver, which pays 5.12% on up to £5,000. It's not a regular savings account (you could choose to pay in £5,000 on day one), so it has more flexibility than the others. Though here the rate is variable, so keep watch."

happybagger

Penrith BS and Loughborough BS have made changes to their interest rates effective today, but NONE of their RS accounts (open issue or closed issues) have changed with the rates now really poor.

Suffolk BS has an open RS at 3.15%, their closed issue Smart Save / Holiday Save rises to 4.35%, and their RS ISA closed issue goes up to 2.70%. All effective 1 Feb 2023.

subjecttocontract

JamesRobinson48 said:

Monmouthshire  BS has withdrawn its Christmas RS (5.5%). That account now appears on the list of withdrawn fixed rate accounts which was updated today on the MonBS's website.

Oh good. Perhaps they'll now have time to provide me with my activation code. Only applied for the account in November last year.......can't attribute all the delays to the post office. Some time in 2023......I don't know when, perhaps I'll be able to get online access to my account. 

HSBC aren't far behind. I applied for an account with them 6th December......still Don't have online access to the account on 13th January. 

Can't wait for the satisfaction questionnaires.

subjecttocontract

Great news.......the HSBC satisfaction questionnaire arrived. I enjoyed venting my anger.  Who knows, perhaps they might ring me.

where_are_we

subjecttocontract said:

Great news.......the HSBC satisfaction questionnaire arrived. I enjoyed venting my anger.  Who knows, perhaps they might ring me.

Yes - I seem to remember Monmouthshire Building Society requesting my thoughts on them recently!

I didn`t participate!

trickydicky14

ForumUser7 said:

Effective 13th Jan, Hinckley And Rugby Building Society rates are increasing (Source ~ https://www.hrbs.co.uk/wp-content/uploads/2023/01/Interest-Rates-Notice-01-23.pdf):

• Regular Saver 30 Day Notice is going from 4.25% to 4.75%

Effective 1st Feb, Bath Building Society rates are increasing (Source ~ Customer Marketing Email):

• 16-25 Regular Saver is going from 5.95% to 6.35%!
• Homestart Regular Saver is going from 3.10% to 3.49%
• The Regular Saver is going from 2.79% to 3.19%

Hinckley and Rugby regular saver.

Sent application forms off Thursday 11am with a second class stamp, 1pm the next day call from H&R to inform me account is now being setup. Good rate, large deposit allowed, happy with that.

Refreshing after my Monmouth B.S experience.