Regular Savings Accounts: The Best Currently Available List!

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.

chris_the_bee

Coventry BS
Quote:
"We're currently reviewing our rates – if your account is affected, we’ll be in touch with you in the upcoming weeks, you don’t need to do anything at all."

ForumUser7

chris_the_bee said:

Coventry BS
Quote:
"We're currently reviewing our rates – if your account is affected, we’ll be in touch with you in the upcoming weeks, you don’t need to do anything at all."

Both Coventry and Yorkshire seem a bit hesitant this time round - last time Coventry announced their new rates a couple of hours after the BR rise (but ‘the upcoming weeks’ doesn’t sound very promising). Last time Yorkshire said they were ‘pleased to announce’ they’d be increasing the rates - whereas this time it says they’ll review them 

schiff

DARLINGTON BS 

Also reviewing their rates - which at 3.80% are not competitive.

gwapenut

schiff said:

DARLINGTON BS 

Also reviewing their rates - which at 3.80% are not competitive.

I disagree with that, given these are perpetual regular savers. I've got more than £20k in there and I've only been running them for 18 months or so, my balance goes up by £1750 per month. There are few better easy-access homes for that amount of money IMO.

And so far, they've kept their discontinued special occasion savers at the same rate as their new accounts. (I know they have some much older accounts which have not kept up)

DoneWorking

From Chase just now

Good news – we're increasing the Chase saver account interest rate from 2.7% AER (2.67% gross) variable to 3% AER (2.96% gross) variable, effective from 13 February 2023.

RG2015

DoneWorking said:

From Chase just now

Good news – we're increasing the Chase saver account interest rate from 2.7% AER (2.67% gross) variable to 3% AER (2.96% gross) variable, effective from 13 February 2023.

Think you have posted on the wrong thread. This is the regular saver not easy access.

Velvet_Monkey

A certain dynamic has definitely changed in recent times with respect to savings accounts. It used to be that savings rates were above the base rate. Now, the base rate goes up by 0.5%, and institutions raise their rate by 0.3% expecting us to be happy?
Base rate is 4%, and banks offer savings accounts at 3%, with ability to simply deposit funds risk free with BoE at 4%? We deserve better!

Wheres_My_Cashback

gwapenut said:

schiff said:

DARLINGTON BS 

Also reviewing their rates - which at 3.80% are not competitive.

I disagree with that, given these are perpetual regular savers. I've got more than £20k in there and I've only been running them for 18 months or so, my balance goes up by £1750 per month. There are few better easy-access homes for that amount of money IMO.

And so far, they've kept their discontinued special occasion savers at the same rate as their new accounts. (I know they have some much older accounts which have not kept up)

Darlington tend to sit in the middle usually, never outstanding, but never particularly bad either.

They now, for me, need to increase to 4.10 - 4.30% to stay competitive and for me to keep feeding them as they are not far from my drop offs with 23 other a/c at 4% and higher and an EA at 3.5% which could increase? 

Not RS, but interested to see if HSBC increase their Online Bonus Saver from 3% which I emptied yesterday.

trickydicky14

Wheres_My_Cashback said:

gwapenut said:

schiff said:

DARLINGTON BS 

Also reviewing their rates - which at 3.80% are not competitive.

I disagree with that, given these are perpetual regular savers. I've got more than £20k in there and I've only been running them for 18 months or so, my balance goes up by £1750 per month. There are few better easy-access homes for that amount of money IMO.

And so far, they've kept their discontinued special occasion savers at the same rate as their new accounts. (I know they have some much older accounts which have not kept up)

Darlington tend to sit in the middle usually, never outstanding, but never particularly bad either.

They now, for me, need to increase to 4.10 - 4.30% to stay competitive and for me to keep feeding them as they are not far from my drop offs with 23 other a/c at 4% and higher and an EA at 3.5% which could increase? 

Not RS, but interested to see if HSBC increase their Online Bonus Saver from 3% which I emptied yesterday.

I agree, Darlington are at the bottom of my ladder just now, I have 3 x SOS, having so many RS to fund well above 4% I'm finding it hard to service them all so Darlington need to move on up or they will soon drop off the the spreadsheet.