Regular Savings Accounts: The Best Currently Available List!

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  • MarkFromCornwall
    MarkFromCornwall Forumite Posts: 881
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    Saffron BS Members' Month Loyalty Saver added paying 9% gross p.a. fixed on up to £250 per month for 12 months, existing members only


    Isn't it £50 per month?

  • SJMALBA
    SJMALBA Forumite Posts: 812
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    edited 4 June at 9:23PM
    Hi Folks,

    I have updated page 1 of this thread.

    SNIP

    Saffron BS Members' Month Loyalty Saver added paying 9% gross p.a. fixed on up to £250 per month for 12 months, existing members only

    SNIP

    I will do the next update within the next 2 weeks.

    SS2
    For those new to this thread, the first few posts are constantly updated and are on the first page
    https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1
    Saffron BS is max. £50/month.
  • ForumUser7
    ForumUser7 Forumite Posts: 1,971
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    Hi Folks,

    I have updated page 1 of this thread.

    Leeds BS Regular Saver (Issue 41) replaces issue 40 (issue 41 matures on 1st June 2025 whereas issue 40 matures on 30th April 2025)

    Yorkshire Regular e-Saver Account paying 4.5% variable on up to £250 per month for 12 months, opened online, aged 16 or over

    Yorkshire Regular Saver Account as above but opened in branch and aged 11 or above

    - Skipton BS Member Regular Saver Issue 2 added paying 7.5% gross p.a. fixed on up to £250 per month for 12 months, no early withdrawals apart from account closure, existing members only

    Saffron BS Members' Month Loyalty Saver added paying 9% gross p.a. fixed on up to £250 per month for 12 months, existing members only

    Leek BS Regular Saver interest rate increased to 4.45% gross p.a. variable from 12th June 2023

    Darlington BS Regular Monthly Saver interest rate increased to 4.25% gross p.a. variable from June 2023

    I will do the next update within the next 2 weeks.

    SS2
    For those new to this thread, the first few posts are constantly updated and are on the first page
    https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1
    Thank you @Special_Saver2

    In addition to the Darlington RMS, they also increased the Teen Goal Saver and Darly Young Saver. The new rates on both of these are 3.95%
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • ForumUser7
    ForumUser7 Forumite Posts: 1,971
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    edited 5 June at 12:51AM

    Loughborough BS One Year Fixed Rate Monthly Saver

    5% £500 per month, min £1 monthly pay in, no early access

    Source - Moneyfacts


    I think I’ll go for it, but not sure if will fund in full each month - I’m wary of no access accounts - hoping there is access permitted in Loughborough’s own Ts and Cs when they are released in the morning.

    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • simonsmithsays
    simonsmithsays Forumite Posts: 58
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    Loughborough BS One Year Fixed Rate Monthly Saver

    5% £500 per month, min £1 monthly pay in, no early access

    Source - Moneyfacts


    I think I’ll go for it, but not sure if will fund in full each month - I’m wary of no access accounts - hoping there is access permitted in Loughborough’s own Ts and Cs when they are released in the morning.

    Plus they allow their RS rates to languish at awful rates (their legacy RS is still sat at 2.5%) and they have zero online presence for checking balance etc
  • wiseonesomeofthetime
    wiseonesomeofthetime Forumite Posts: 1,982
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    edited 5 June at 7:43AM


    Saffron BS Members' Month Loyalty Saver added paying 9% gross p.a. fixed on up to £250 per month for 12 months, existing members only


    Isn't it £50 per month?

    Definitely 👍

    Saffron 9% @ £250pm would have been coooooool 😁
  • ForumUser7
    ForumUser7 Forumite Posts: 1,971
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    edited 6 June at 12:32AM
    A few questions about the Loughborough BS Limited Access MS and One Year Fixed Rate MS:
    1. If we stop depositing into either of these accounts, does anyone know what happens please? I am aware each have a minimum £1 monthly deposit, but cannot find the consequences of failing to fulfil this
    2. Do these (and the languishing 2.5%) run on calendar month, or on account month please? On the FRMS and 2.5RS, I can see 'one deposit per calendar month', so I am thinking the LAMS will also be calendar month?
    3. Does Loughborough allow faster payment withdrawals once the passbook is sent in, or is it cheque only (and possibly CHAPS)?
    Thank you!
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Descrabled
    Descrabled Forumite Posts: 376
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    Loughborough
    My recollection is that any withdrawal is by cheque returned by post with the passbook. Alternately the passbook can be presented at their branches (or one agent) and a cheque will be provided. No facility for faster payments. I always credited the accounts on the first working day of the month by standing order.
    I no longer hold any accounts with LBS as there are much better regular savers out there with online facilities and faster payment withdrawal.
  • ForumUser7
    ForumUser7 Forumite Posts: 1,971
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    On the SRBS adult accounts page, I noticed the RS has changed from saying availability ‘private individuals living in Staffordshire only’ to availability ‘private individuals’. I’ve verified this using the way back machine, and comparing what it said yesterday to what it says today. The summary box still references Staffordshire, as does the application process (yes/no question re residency in Staffordshire), but I’m wondering if perhaps they just need to be updated? Wishful thinking or have they opened the flood gates? I know it used to flick between the two before, but unsure if the application process was updated or not.
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
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