Regular Savings Accounts: The Best Currently Available List!

Special_Saver2

Hi Everybody,

I have changed the following items on page 1 of this thread.

- Interest rate threshold in the first post increased to 3.75% or better, or 3.25% if the account has favourable conditions (e.g. you can pay in £500 per month or more, or if the account matures after at least 2 years).

- Monmouthshire BS Christmas Saver (Issue 5) account withdrawn and removed from the list

- Hinckley and Rugby BS Regular Saver 30 Day Notice Account, Bath BS Homestart Regular Saver, and Bath BS 16-25 Regular Saver interest rate rises as in the post above

- Cambridge BS Reward Regular Saver (Issue 2) added to the list for existing members paying 4% on up to £300 per month for 12 months for existing members with no withdrawals except for account closure with a 90 day interest penalty

- Swansea BS Regular Saver added back to the list as the interest rate is going up to 3.75% gross p.a. variable from 1st February 2023 on up to £500 per month for 12 months for residents of Wales, you can make payments by direct debit

- Saffron BS Small Saver (Issue 7) entry corrected to show any UK resident can open this account

- Coventry BS First Home Saver withdrawn and removed from the list

There are some accounts on page 1 of this thread whose interest rate is now too low to merit inclusion on the list. I am going to wait until the end of the month to see if those accounts get an increase their interest rate and if they do not then I will remove them from the list.

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Growingold

trickydicky14 said:

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.

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

Cannot see the address to send the H & R application form to.  

Nick_C

@Growingold

Try looking in their Web Site! 

https://www.hrbs.co.uk/saving-product/regular-saver-30-day-notice-account/

Then click on the "apply now" tab

trickydicky14

Growingold said:

trickydicky14 said:

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.

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

Cannot see the address to send the H & R application form to.  

Click on apply now button and then it's just below the submit button.Savings Department
Hinckley & Rugby Building Society
Upper Bond Street
Hinckley
Leicestershire
LE10 1NZ

Malchester

I am interested in the H&R account. I know you have to apply by post but does anyone know if the monthly deposits can be made by bank transfer? Thanks in anticipation

Hattie627

Malchester said:

I am interested in the H&R account. I know you have to apply by post but does anyone know if the monthly deposits can be made by bank transfer? Thanks in anticipation

Yes they can but no online access to  check balance or give notice to withdraw.  Similar arrangement to Loughborough BS.

trickydicky14

Hattie627 said:

Malchester said:

I am interested in the H&R account. I know you have to apply by post but does anyone know if the monthly deposits can be made by bank transfer? Thanks in anticipation

Yes they can but no online access to  check balance or give notice to withdraw.  Similar arrangement to Loughborough BS.

Are you sure about that?
Looking on H&R website it says it has online access so you can view savings accounts.

londoner62

Hattie627 said:

Malchester said:

I am interested in the H&R account. I know you have to apply by post but does anyone know if the monthly deposits can be made by bank transfer? Thanks in anticipation

Yes they can but no online access to  check balance or give notice to withdraw.  Similar arrangement to Loughborough BS.

You can log into the H & R website to see your balance.

ForumUser7

Hattie627 said:

Malchester said:

I am interested in the H&R account. I know you have to apply by post but does anyone know if the monthly deposits can be made by bank transfer? Thanks in anticipation

Yes they can but no online access to  check balance or give notice to withdraw.  Similar arrangement to Loughborough BS.

You can view the balance online, and give notice online via secure message, but withdrawals are via post with the passbook only 

Growingold

Nick_C said:

@Growingold

Try looking in their Web Site! 

https://www.hrbs.co.uk/saving-product/regular-saver-30-day-notice-account/

Then click on the "apply now" tab

I did thank you but couldn't see any address.  I've spoken to them and now have the address.  I have looked again and see it now.  I must have scrolled to the online form to fill out and missed it.