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Regular Savings Accounts: The Best Currently Available List!
Comments
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The way I see it, the £10 isn't doing any harm sat there and as the account was a good rate before, there's a chance it could become a good rate again. I doubt it will rise much anytime soon, but then again I didn't expect the Coventry first home saver to jump 2.05% in one go, from 2.95% to 5%.ForumUser7 said:
I've kept £10 in mine too, but I'm not keeping my fingers crossed. At least it also maintains membership, in case they ever increased rates but restricted by postcode/existing membershipBridlington1 said:
I've kept £10 in the account since October just in case the rate rises.Wheres_My_Cashback said:
Had three RS accounts with LBS until middle of last year, but it's been clear since then that their priorities changed and they are not looking to support/offer competitive RS. I'd go elsewhere if I were you.ForumUser7 said:I'm baffled by their policy on this, but again, Loughborough BS has increased their rates and not increased the Regular Saver Issue 1. Seems to be a new rate sheet every couple of weeks!
https://www.theloughborough.co.uk/wp-content/uploads/2020/10/Interest-Rate-Poster-23-January-2023.pdf1 -
TSB have increased the interest rate on their Monthly Saver Account to 5.00% (fixed gross/AER).
Save between £25 - £250 per month. The maximum total investment is £3,000.
Unlimited withdrawals are permitted.
The account can be opened online or in branch. It runs for 12 months.
The account is available to new and existing TSB current account customers only.
https://www.tsb.co.uk/savings/monthly-saver/?WT.ac=A00428
Please call me 'Kazza'.24 -
Has anyone found a way around the one each 12 months rule please? Or does the system just not let you open a new one?Kazza242 said:TSB have increased the interest rate on their Monthly Saver Account to 5.00% (fixed gross/AER).
Save between £25 - £250 per month. The maximum total investment is £3,000.
Unlimited withdrawals are permitted.
The account can be opened online or in branch. It runs for 12 months.
The account is available to new and existing TSB current account customers only.
https://www.tsb.co.uk/savings/monthly-saver/?WT.ac=A00428If 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.1 -
There doesn't seem to be a way round this one. This is the thing that irritates me about TSB, they've managed to stop you opening 2 regular savers within a 12-month period yet their systems go into a funk if you open more than one current account with them.ForumUser7 said:
Has anyone found a way around the one each 12 months rule please? Or does the system just not let you open a new one?Kazza242 said:TSB have increased the interest rate on their Monthly Saver Account to 5.00% (fixed gross/AER).
Save between £25 - £250 per month. The maximum total investment is £3,000.
Unlimited withdrawals are permitted.
The account can be opened online or in branch. It runs for 12 months.
The account is available to new and existing TSB current account customers only.
https://www.tsb.co.uk/savings/monthly-saver/?WT.ac=A004283 -
Oh well - mine matures in May, but it's at 2% - thank goodness for penalty free withdrawals!Bridlington1 said:
There doesn't seem to be a way round this one. This is the thing that irritates me about TSB, they've managed to stop you opening 2 regular savers within a 12-month period yet their systems go into a funk if you open more than one current account with them.ForumUser7 said:
Has anyone found a way around the one each 12 months rule please? Or does the system just not let you open a new one?Kazza242 said:TSB have increased the interest rate on their Monthly Saver Account to 5.00% (fixed gross/AER).
Save between £25 - £250 per month. The maximum total investment is £3,000.
Unlimited withdrawals are permitted.
The account can be opened online or in branch. It runs for 12 months.
The account is available to new and existing TSB current account customers only.
https://www.tsb.co.uk/savings/monthly-saver/?WT.ac=A00428
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.0 -
There is always someone worse off......mine is at 2.5% but doesn't mature until September !2
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It looks like I've been quite fortunate then. I opened a 2% regular saver on 26/1/22 so if all goes according to plan I should be able to open the 5% one tomorrow.
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Today TSB upped their monthly saver to 5%1
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But not for existing account holders. And there's no way to sunset existing accounts. You have to sit out existing accounts to maturity. If you prefer, you can, however, withdraw your balance and put it to better use elsewhere.ranciduk said:Today TSB upped their monthly saver to 5%3
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