Regular Savings Accounts: The Best Currently Available List!

pookey

schiff said:

There was a time when I would get quite excited if I had 54 unread posts in this thread (I check in morning and evening every day) but no more. Instead I get an enormous lengthy discussion about Santander. Whenever I read posts pleading for less chat and a separate thread or discussions on a topic, I was on the side of suggesting patience but it's just got ridiculous.

Yes I completely agree, I like that we can discuss accounts on here but I think it needs to be to an extent as this seems to have spiraled 

quirkydeptless

quirkydeptless said:

Band7 said:

Existing Santander customers: if for any reason you still have an old, unmatured, Santander RS hanging about, you can request it to be closed via Chat. Don't chose the "RS upgrade option" as this doesn't seem to work. Just ask for the RS to be closed, tell them where to pay any outstanding interest to, and what your address is. The old RS will disappear overnight, and you can then open and fund the 5% one within minutes.

I'm a bit sloppy about closing unused accounts unless there is an easy 'close account' option online. I still had an old 3.2% one lying around with £0 in it, and so when I applied for a new one it said something like 'lucky you, you already have one' 

So I used the mobile bot chat option with 'Regular eSaver Upgrade' as my reason for closure. A human appeared straight away on the chat and said 'Fab, I'll get that closed for you'. Or was it a human? Who can tell with AI nowadays?

Also said to allow 2 working days for the full closure, but I will check tomorrow to see if I can open a new one.

Noticing that my old RS was closed, I tried opening the new one on the same say and it worked, so now funded with £200 in 2 working hours rather than days 

Bridlington1

Bath BS are increasing their savings rates on 1st June

t1redmonkey

Bridlington1 said:

Bath BS are increasing their savings rates on 1st June

Wish I was aged 16-25 again so I could get that RS

subjecttocontract

t1redmonkey said:

Bridlington1 said:

Bath BS are increasing their savings rates on 1st June

Wish I was aged 16-25 again so I could get that RS

Would it count if parts of me was 16-25 ?
I have some dental implants & a stainless steel pin in me leg which qualify ? Is it worth a try ?

Bridlington1

subjecttocontract said:

t1redmonkey said:

Bridlington1 said:

Bath BS are increasing their savings rates on 1st June

Wish I was aged 16-25 again so I could get that RS

Would it count if parts of me was 16-25 ?
I have some dental implants & a stainless steel pin in me leg which qualify ? Is it worth a try ?

I suspect you'd have to fight tooth and nail to get away with that one.

where_are_we

Old existing Santander Monthly Saver customers don`t forget to reduce your balance to 0 before using "chat" to close it and upgrade. I had £1 in it. "chat" will then ask which account to transfer closing interest too.

ForumUser7

Moneyfacts is showing:

Loughborough BS new Limited Access Monthly Saver at 3.75% (no increase to the current RS showing yet)
Principality BS Various RS variable rates increasing. No fixed rate increase showing yet.

My First Home Steps Issue 2 for example: 3.55% paid at £1, 3.75% paid at £2501, 4.25% paid at £7501

Confirmed online, additionally Learner Earner Issue 3 NLA from 3.85% to 4%

Bridlington1

ForumUser7 said:

Moneyfacts is showing:

Loughborough BS new Limited Access Monthly Saver at 3.75% (no increase to the current RS showing yet)

Now showing on their website:

I'm in two minds whether to go for this one. At present it's too low a rate to warrant funding it fully and Loughborough do deem to have a habit of not increasing the interest rate on their monthly savers much if ever so I doubt it will become competitive any time soon. On the other hand it requires a minimum monthly deposit of £1 so I would suffer a very low interest hit if I did open it with the minimum funding and the rate is variable so there is a small chance it could become competitive in the future.

Wheres_My_Cashback

Principality FHS 1 & 2 Online - Rate increases confirmed in online banking

Tier	Balance	Gross interest rate
Tier 1	£1.00 - £2,500.00	3.55% (Variable)
Tier 2	£2,500.01 - £7,500.00	3.75% (Variable)
Tier 3	£7,500.01 - £25,000.00	4.25% (Variable)