Regular Savings Accounts: The Best Currently Available List!

PRAISETHESUN

jaypers said:

My First Direct RS matures today. They advised that the account may disappear but it hasn’t. Interest has been credited and the rate has dropped to 1.35%. Still called ‘Regular Saver’ though I I can’t move money. I take it that I just need to wait a couple of days now before I can access the cash and open a new RS? 

Yes - this is fairly standard for FD, and they should have mentioned that it will take a few days to access your money in the letter they send a few weeks before maturity. Mine matured last month and took about 5 working days until I was able to access the funds.

ForumUser7

ForumUser7 said:

Speculator said:

Just noticed the Natwest/RBS 6.17% regular savers are no longer on the moneyfacts best rates list.

Odd - perhaps a rate change on the way? Or maybe listing being updated for the 20th June increase to the above £5,000 rate

Source - MoneyFacts CS

…

Thanks for contacting Moneyfactscompare.co.ukand drawing our attention to the missing NatWest & RBS Digital Regular Savers accounts.

There is no apparent reason why these accounts are not visible, therefore this issue has been referred to our technical team to resolve.

…

FishInGlass

PRAISETHESUN said:

jaypers said:

My First Direct RS matures today. They advised that the account may disappear but it hasn’t. Interest has been credited and the rate has dropped to 1.35%. Still called ‘Regular Saver’ though I I can’t move money. I take it that I just need to wait a couple of days now before I can access the cash and open a new RS? 

Yes - this is fairly standard for FD, and they should have mentioned that it will take a few days to access your money in the letter they send a few weeks before maturity. Mine matured last month and took about 5 working days until I was able to access the funds.

I think the quickest may to speed up the FD maturity is to have another savings account already set up. For me the maturity money was visible in the easy saver account the day after maturity Having retained £300 in my FD 1st account I was able to set up the new regular saver and fund it that day. 24 hours start to finish.

I appreciate this doesn't help anyone whose regular saver has already matured but it might help to speed up the process for some.

wiseonesomeofthetime

Wheres_My_Cashback said:

For those who opened the Nationwide Start to Save v2 last year, today is the anniversary and you should have received interest in your account.

Spot on! 

Every little helps, as they say 😁

rob37uk

jaypers said:

My First Direct RS matures today. They advised that the account may disappear but it hasn’t. Interest has been credited and the rate has dropped to 1.35%. Still called ‘Regular Saver’ though I I can’t move money. I take it that I just need to wait a couple of days now before I can access the cash and open a new RS? 

I always find with FD and HSBC, a quick phone call will get the money moved to the relevant current account on the same day that the interest appears. They might be reluctant, but if you insist that it is now not a notice account but instant access, then they do move the money across.

allegro120

Wheres_My_Cashback said:

For those who opened the Nationwide Start to Save v2 last year, today is the anniversary and you should have received interest in your account.

Nothing for me. On mine it says 'anniversary date 24 August 2023'.  May be it's a different account, mine is called Start to Save Issue 2 (5.25%).

wiseonesomeofthetime

allegro120 said:

Wheres_My_Cashback said:

For those who opened the Nationwide Start to Save v2 last year, today is the anniversary and you should have received interest in your account.

Nothing for me. On mine it says 'anniversary date 24 August 2023'.  May be it's a different account, mine is called Start to Save Issue 2 (5.25%).

Same product. You just obviously opened your's in August.

surreysaver

Principality Learner Earner Issue 1

Just logged on to apply for the 5.5% Regular Saver and noticed the above account now paying 5.3% for anyone else that still has it.
They don't notify me of changes; the last time I logged on was March and it was still 5.15% then, so the increase would have been sometime between then and now.

ForumUser7

surreysaver said:

Principality Learner Earner Issue 1

Just logged on to apply for the 5.5% Regular Saver and noticed the above account now paying 5.3% for anyone else that still has it.
They don't notify me of changes; the last time I logged on was March and it was still 5.15% then, so the increase would have been sometime between then and now.

Effective 18th May ~ https://www.principality.co.uk/-/media/Savings-PDFs-2019/Offsale-Variable-Rate-Products.pdf?

I’ve found principality sometimes have a banner on their front page, but never contact directly re increases

Frequentlyhere

Does anyone know if Halifax/lloyds are likely to shift their various monthly saver rates soon?  With interest rates on 1 year fixes starting to exceed the currently monthly saver rates, I'd imagine it's on the cards (?)