Regular Savings Accounts: The Best Currently Available List!

Bridlington1

BestSeagull said:

How did you do that @Bridlington1 ? 

The link to the application form for issue 30 is listed on the top line, Christmas regular saver is in the middle and issue 31 is at the bottom. Notice a pattern?
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6074#!
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6075#!
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6076#!

Whenever they launch a new product they simply add 1 to the product code so you can find the links to newer products quite easily. Moreover Principality never de-activate online application links so you can open old issues if you wanted to. E.g. Regular savings bond issue 15 use below:
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6045#!

BestSeagull

Bridlington1 said:

BestSeagull said:

How did you do that @Bridlington1 ? 

The link to the application form for issue 30 is listed on the top line, Christmas regular saver is in the middle and issue 31 is at the bottom. Notice a pattern?
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6074#!
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6075#!
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6076#!

Whenever they launch a new product they simply add 1 to the product code so you can find the links to newer products quite easily. Moreover Principality never de-activate online application links so you can open old issues if you wanted to. E.g. Regular savings bond issue 15 use below:
https://online.principality.co.uk/Originations/launchpage.aspx?productType=RegularSaver&productCode=6045#!

Genius! Thank you. 

SonOfPearl

Speculator said:

Looks like Principality are launching a 1 Year Regular Saver Bond (Issue 31) according to Moneyfacts.

Pays 4% and Max £3000 so I assume £250 per month.

The product page is now active on Principality's website, confirming the T&C's. 
https://www.principality.co.uk/savings-accounts/fixed-term-savings-and-bonds/1-year-regular-saver-bond

wiseonesomeofthetime

typistretired said:

Patrington said:

YBS make me an an esaver interest paid and available to be withdrawn.

Best leave until 2nd February when it will be closed and transferred to an easy access account 

Yeah, I found this a strange one. 

Instead of transferring the balance to my existing Plus Issue 2 account, it created a new one, so I now have two 🤷‍♂️

Unnecessary. 

Can't find how to close account, though not looked very hard yet tbh, just FAQs in app. 

Have transferred balance, bar the £1 it won't let me touch, to higher rate account. 

ForumUser7

wiseonesomeofthetime said:

typistretired said:

Patrington said:

YBS make me an an esaver interest paid and available to be withdrawn.

Best leave until 2nd February when it will be closed and transferred to an easy access account 

Yeah, I found this a strange one. 

Instead of transferring the balance to my existing Plus Issue 2 account, it created a new one, so I now have two 🤷‍♂️

Unnecessary. 

Can't find how to close account, though not looked very hard yet tbh, just FAQs in app. 

Have transferred balance, bar the £1 it won't let me touch, to higher rate account. 

It’s to preserve the old account number - your old make me an esaver and the new issue 2 should have the same account number and transactions list etc.

it would be good if they allowed us to set our own maturity options though

badger09

Principality RS issue 31
Unless I’m mistaken, Principality are in the small minority who allow multiple RS (1 of each issue) at the same time. 

BestSeagull

badger09 said:

Principality RS issue 31
Unless I’m mistaken, Principality are in the small minority who allow multiple RS (1 of each issue) at the same time. 

You're right. I just called to check. 

TiVo_Lad

Be aware with the Principality Regular Saver that you only have 5 working days to fund the account. You only need £1, but if you miss this window, the account automatically closes. Shouldn't be an issue for most but if you're used to slightly longer funding windows this might catch you out.

soulsaver

Patrington said:

soulsaver said:

Band7 said:

Kazza242 said:

Leeds Building Society have launched a new Regular Saver (issue 37), paying 3.70% (Gross p.a/AER variable).

The account matures on the 2nd February 2025.  

The minimum operating balance is £100.  You can deposit up to £250 per month. 

The maximum account balance is £6,000 (plus accrued interest credited to the account).

The account can be opened online, branch or post.  The account can be operated in branch or by post (some operations can also be carried out online or by telephone).

It allows one penalty-free withdrawal per calendar year (including account closure).  Further withdrawals (including account closure) will be subject to 30 days' loss of interest on an equivalent amount to that withdrawn.

If the account balance falls below £100, the rate of interest that will apply is 0.05%.

https://www.leedsbuildingsociety.co.uk/savings/regular-saver/regular-saver/

If you already have an earlier issue of the Leeds RS, you can just call them on 03450 50 50 75 and ask for it to be changed to issue 37. The maturity date of the changed account is Feb 2 2025, so you get the full 2 years, and have a head start with your existing balance. If you go for this option, don't forget to update any existing standing order.

Useful to know, but note they do apply new rates to earlier issues - I get 3.2% on issue 23 which started out at 1.8% iirc without doing owt, & I expect 3.7% showing tomorrow.

This was confirmed, to me, by LBS yesterday 

"... note they do apply new rates to earlier issues - I get 3.2% on issue 23 which started out at 1.8% iirc without doing owt, & I expect 3.7% showing tomorrow, 02/02."

And, as expected.. it is.

Wheres_My_Cashback

Speculator said:

Looks like Principality are launching a 1 Year Regular Saver Bond (Issue 31) according to Moneyfacts.

Pays 4% and Max £3000 so I assume £250 per month.

Just like the past few PBS RS 25-30 and Xmas 22 they're worth opening just to use for a few months before closing.

Now that base rate has increased to 4% this won't be very attractive for long being a fixed rate a/c.