Regular Savings Accounts: The Best Currently Available List!

Bridlington1

chris_the_bee said:

ForumUser7 said:

Band7 said:

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

Cambridge BS, YBS, Coventry BS, Monmouthshire BS, Principality BS - -  more or less every BS. Also local ones with Post Code restrictions, should you be lucky enough to live in their areas.

Possibly Skipton too - they had an existing member RS in 2021 I think - but you only had to be a member since a week or so before it was released

And Newbury, Leek and Bath. 

Darlington BS, Market Harborough BS, Mansfield BS. I would open pretty much any EA account with a minimum balance of £1 that pays a decentish rate of interest, paying particular attention to ones that track the BOE base rate just in case the rate shoots up after it's been withdrawn. Also accounts that let you pay in by DD are good ones to get hold of.

It may be worth opening an account with your local credit union just in case.

ForumUser7

chris_the_bee said:

ForumUser7 said:

Band7 said:

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

Cambridge BS, YBS, Coventry BS, Monmouthshire BS, Principality BS - -  more or less every BS. Also local ones with Post Code restrictions, should you be lucky enough to live in their areas.

Possibly Skipton too - they had an existing member RS in 2021 I think - but you only had to be a member since a week or so before it was released

And Newbury, Leek and Bath. 

And Darlington (sometimes have EMAs), ESBS (sometimes put on postcode/EM restriction), Mansfield BS (some accounts have postcode/EM restrictions)

Yorkshire_Pud

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

Royston Vasey BS but you have to be VERY local 😊 

OceanSound

Yorkshire_Pud said:

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

Royston Vasey BS but you have to be VERY local 😊 

😂 It's a local BS for local people. 

Anyone who's seen the league of gentlemen would be aware of this. 😆

LZC

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

You don’t need to be an existing member of Saffron to be eligible for their Small Saver RS (4.65%, £50 a month), only for their 12 month members Regular Saver (4.35% but can put in £500 a month). 

adindas

LZC said:

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

You don’t need to be an existing member of Saffron to be eligible for their Small Saver RS (4.65%, £50 a month), only for their 12 month members Regular Saver (4.35% but can put in £500 a month). 

For existing member. Does anyone manage to get both of them ? I remember in the past I managed to get both of them. But also in one occasion they open it first but later close the new one.

kaMelo

adindas said:

LZC said:

BestSeagull said:

Speaking of Saffron, I've recently opened an easy access account with them so that in a year I'll be eligible for the regular saver. 

Can anyone think of any other places I should be opening an account now, to be eligible for similar perks in the future?

Thanks!

You don’t need to be an existing member of Saffron to be eligible for their Small Saver RS (4.65%, £50 a month), only for their 12 month members Regular Saver (4.35% but can put in £500 a month). 

For existing member. Does anyone manage to get both of them ? I remember in the past I managed to get both of them. But also in one occasion they open it first but later close the new one.

From their website their rules are explicitly clear;





Their systems are not set to automatically block applications that don't comply with their rules so opening them is not a problem. However it would appear each application is manually reviewed afterwards and should something be amiss, like having both regular savers, one will be closed.

Rich2808

I noticed the new Saffron members regular saver is a variable rate. The previous equivalent was a fixed rate - at 3 per cent I believe.

So the 4.35 per cent rate could do up or down!

ForumUser7

Rich2808 said:

I noticed the new Saffron members regular saver is a variable rate. The previous equivalent was a fixed rate - at 3 per cent I believe.

So the 4.35 per cent rate could do up or down!

Same with their new Small Saver and Children’s RS. I think they are trying to eliminate the admin that came when they released new fixed rate issues

adindas

Rich2808 said:

I noticed the new Saffron members regular saver is a variable rate. The previous equivalent was a fixed rate - at 3 per cent I believe.

So the 4.35 per cent rate could do up or down!

Theoretically yes but in reality if they want to increase rate is they will launch a new issue and allow existing member to close their existing RSA and new start with a new issue of RSA. IMO this is a smart way for damage control as when people open a new one they will need to start from the square one (1st Month) again. Those who don't pay attention will be left with their old rate. For saver it is annoying but their CS has been excellent and you could sort it out within less than five minutes over the phone.