Regular Savings Accounts: The Best Currently Available List!

dcs34

ForumUser7 said:

Furness BS Regular Saver Issue 5 from 4.3% -> 4.5% effective 01/03/2023 - subject to change, as not published yet.

Edit: N.B. Staff Member not 100% sure if on 1st, but soon they’ve been told - they think it is 1st

Edit 2: Now confirmed on website

Mine still showing as 4.3% online, but since you can close without penalty I guess if they don't update existing ones we can all just close it and open new ones!

ForumUser7

dcs34 said:

ForumUser7 said:

Furness BS Regular Saver Issue 5 from 4.3% -> 4.5% effective 01/03/2023 - subject to change, as not published yet.

Edit: N.B. Staff Member not 100% sure if on 1st, but soon they’ve been told - they think it is 1st

Edit 2: Now confirmed on website

Mine still showing as 4.3% online, but since you can close without penalty I guess if they don't update existing ones we can all just close it and open new ones!

Existing ones are supposed to be updated tomorrow I believe - they’ve uploaded the new rates on the website list in preparation for tomorrow. It should show on the accounts some time tomorrow

Wheres_My_Cashback

Chadsman said:

ForumUser7 said:

Here is a bit of data about this month’s Nationwide Start to Save Issue 2 Prize Draw:

https://www.nationwidemediacentre.co.uk/news/more-than-900-savers-win-gbp-250-in-nationwides-latest-start-to-save-prize-draw

Winners will be notified from 28 February and will have their £250 prize paid directly into their Start to Save (Issue 2) account from 1 March.

https://www.nationwide.co.uk/savings/help/terms/start-to-save-issue-2/

Within 30 days of the prize draw:

• we’ll tell you personally whether or not you’ve won and how many winners there are; and
• if you’ve won, we’ll pay the £250 prize into your account.

Hopefully we have some winners in this thread!

Well you can slap me round the face with a wet fish and call me Susan...

Whatever floats your boat 

Nick_C

Lots more posts that aren't helping anyone.

Please people, show some restraint and keep this thread on track. 

ForumUser7

Re Bath BS 16-25 Regular Saver - if you go to the details tab, does anyone else still see 5.95% please? I believe this should've increased to 6.35% on 1st of February, and to 6.75% with effect letter today, but it seems not to have changed. I've sent them a message about it to get it checked, and potentially recalculated, but I was just curious to see if anyone else has found this.

EDIT: They confirmed it is now fixed, and should show correctly from tomorrow. Very impressed how quickly they dealt with it. Sounds like the system was calculating interest correctly and on the right rate, but it was just displaying wrong

Patrington

Patrington said:

ForumUser7 said:

Furness BS Regular Saver Issue 5 from 4.3% -> 4.5% effective 01/03/2023 - subject to change, as not published yet.

Edit: N.B. Staff Member not 100% sure if on 1st, but soon they’ve been told - they think it is 1st

The withdrawn three year one is showing as being increased from 2.7% to 3.2% on 1/3/23.

It's already at 3.2%

Wonder what the real rate will be

The three year is now showing on my account as 3.4.

Obviously a typo in their pdf for closed accounts 

curious_squirrel

liamcov said:

When trying to open a Leeds Regular Saver, the form (and subsequent email confirmation) refer to it as an E-Saver - has something gone wrong their end or will it morph into the correct account tomorrow?

Not working for me either, I start to fill in the form but it states E-saver at the top....

devansuk

Chadsman said:

ForumUser7 said:

Here is a bit of data about this month’s Nationwide Start to Save Issue 2 Prize Draw:

https://www.nationwidemediacentre.co.uk/news/more-than-900-savers-win-gbp-250-in-nationwides-latest-start-to-save-prize-draw

Winners will be notified from 28 February and will have their £250 prize paid directly into their Start to Save (Issue 2) account from 1 March.

https://www.nationwide.co.uk/savings/help/terms/start-to-save-issue-2/

Within 30 days of the prize draw:

• we’ll tell you personally whether or not you’ve won and how many winners there are; and
• if you’ve won, we’ll pay the £250 prize into your account.

Hopefully we have some winners in this thread!

Well you can slap me round the face with a wet fish and call me Susan... I am one of 917 prize winners who won £250.

I've been paying in £50 every month since last August but because my standing order goes out the 28th every month my payment didn't go in time for the February draw!!!

Gutted, now changed my standing order to the 1st

refluxer

refluxer said:

For any existing customers (minimum 12 months) or new customers living in Cheshire, Derbyshire, Shropshire or Staffordshire (with CW/SK, DE, TF or ST/WS15 postcodes respectively), the Leek Building Society have just increased the rate of their Regular Saver Account to 3.50%.

While the rate isn't the highest, it's on a par or better than some of the RS accounts on page 1 of this thread, plus has the advantages that you can pay in a reasonably high amount each month (£500), the account has a high maximum balance (£50k) with no maturity date and it can be opened and managed online (their recently-launched online banking portal is fairly basic, but functional). They do send you a passbook through the post but presumably you don't have to use it.

The downside to the Leek is that they can be slow to react to interest rate changes (today's increase was as a result of the December BoE meeting for example, although increases have been applied quicker than this in the past) so any increase on Thursday may take a while to be applied (if at all). Also - just be aware that they are still quite a traditional building society so there's a chance that applying as a new customer might involve having to prove your ID by visiting a branch or posting off ID documents.

Here are the details for anyone interested...

• Open to existing customers (minimum 12 months) or new customers living in Cheshire, Derbyshire, Shropshire or Staffordshire (with CW/SK, DE, TF or ST/WS15 postcodes respectively)
• Account can be opened and managed at a branch, online or by post
• Minimum balance (deposit) £1
• Maximum balance £50,000
• Pay in up to £500 per calendar month (no minimum - you don't have to pay in each month)
• Interest is variable, calculated daily and paid annually
• 3 withdrawals max per account year via electronic transfer, internal transfer, cash or cheque
• Closure at any time without penalty

https://www.leekbs.co.uk/savings/1saver3/

Leek BS have increased the rate on their Regular Saver Account (Issue 3) from 3.50% to 4.00%. 

As I previously mentioned - while their rate isn't the highest available, the relatively high (£500) monthly contributions, online access and £50k maximum balance may make it of interest to existing customers or anyone who lives in one of the qualifying postcodes.

For anyone still holding on to their Flexible Saver (NLA), this has increased to 3.15%. I was keeping mine (with a zero balance) to see what it would increase to, as this one allows even larger monthly contributions (£1000).

Bridlington1

LBG have raised their interest rates:

Club Lloyds Monthly saver now 6.25%
Lloyds Monthly saver now 5.25%
Bank of Scotland Monthly Saver now 5.5%
Halifax Monthly saver -No change still 4.5%