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Regular Savings Accounts: The Best Currently Available List!

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  • EarthBoy
    EarthBoy Posts: 3,212 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Is anyone else’s YBS make me an esaver interest showing in their accounts this morning please? Mine is reflecting in the balance, but not showing in the transaction list. It felt a bit odd given it matures on the 1st February, not today, and I’m kind of wondering if it will still be earning interest in the meantime
    My interest isn't showing and I opened the account a year ago yesterday, 22 January 2022.
  • Wheres_My_Cashback
    Wheres_My_Cashback Posts: 4,394 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 23 January 2023 at 1:15PM
    someone said:
    Band7 said:
    Furness BS 1 Year Regular Saver (Issue 5) going from 4% to 4.3% on Feb 1
    May I ask where is the info about the change? I have the off sale 3 year account that currently is 2.9% and am making a decision on what to do with balance by the end of month.


    The 3 year goes to 3.2% on the 1st. Both rises were reported here back in December and confirmation received via post today.
  • dmo84
    dmo84 Posts: 87 Forumite
    Fifth Anniversary 10 Posts Combo Breaker
    Whats the popular high interest savings account at the moment that gives you 5-7%

    key points

    - has a max of £300-£400 per month deposit - or no max?

    - doesnt have penalties? or can skip month ?

    - interest ? is it paid monthly ? or only annually in most products?
  • eskbanker
    eskbanker Posts: 37,224 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dmo84 said:
    Whats the popular high interest savings account at the moment that gives you 5-7%

    key points

    - has a max of £300-£400 per month deposit - or no max?

    - doesnt have penalties? or can skip month ?

    - interest ? is it paid monthly ? or only annually in most products?
    Best to stick to your existing thread on that subject, rather than asking questions like that on this one:

    https://forums.moneysavingexpert.com/discussion/6419413/i-have-bonds-but-now-looking-to-send-some-money-in-to-a-high-interest-bank-savings-5-or-7
  • EarthBoy said:
    Is anyone else’s YBS make me an esaver interest showing in their accounts this morning please? Mine is reflecting in the balance, but not showing in the transaction list. It felt a bit odd given it matures on the 1st February, not today, and I’m kind of wondering if it will still be earning interest in the meantime
    My interest isn't showing and I opened the account a year ago yesterday, 22 January 2022.
    Yes, mine which also matures on the 1st is showing as per yours and is available for withdrawal bar £1.
  • ForumUser7
    ForumUser7 Posts: 2,465 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    someone said:
    Band7 said:
    Furness BS 1 Year Regular Saver (Issue 5) going from 4% to 4.3% on Feb 1
    May I ask where is the info about the change? I have the off sale 3 year account that currently is 2.9% and am making a decision on what to do with balance by the end of month.


    I received this information by post this morning - surprised it wasn’t an email though tbh
    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.
  • someone said:
    Band7 said:
    Furness BS 1 Year Regular Saver (Issue 5) going from 4% to 4.3% on Feb 1
    May I ask where is the info about the change? I have the off sale 3 year account that currently is 2.9% and am making a decision on what to do with balance by the end of month.


    It was highlighted on here a couple of weeks ago but was lost in the guff on here.

    Confirmed by postal letters received today

    Your off sale increases to 3.2
  • ForumUser7
    ForumUser7 Posts: 2,465 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    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.pdf
    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.
  • 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.pdf
    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.
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