Regular Savings Accounts: The Best Currently Available List!

where_are_we

New Tipton  RS - Would a kind forumite who calls Tipton on Monday let us know if a phone call avoids having to post id and address documents.

Bridlington1

where_are_we said:

New Tipton  RS - Would a kind forumite who calls Tipton on Monday let us know if a phone call avoids having to post id and address documents.

I've requested that they ring me on Monday morning due to them not having a freephone number. If they do ring me I'll of course update this thread with this information, though I imagine someone else will get through to them before I receive a call from them.

PowerSavingMode

dingling68 said:

ForumUser7 said:

Anyone else got a message from Tipton app saying 'To proceed with your application we need to confirm your identity and address'? Frustrating to say the least - was hoping to get a June deposit in

Yes, me just now on trying to apply through the app!

Same here, via the app.

I've opened quite a number of account this year and this is the very first where I've had to have my identity checked this way — startling considering they offer an app!

PowerSavingMode

allegro120 said:

Bridlington1 said:

Apologies if it's been mentioned already but according to moneyfacts Tipton and Cosley BS will launch a 5.5% regular saver tomorrow. It's branch/post opening, allows deposits of £50-£500/mth.

They'll also be launching an app version at the same rate.

I looked at the info. It says you can't withdraw, but I can't see anything about closure. Do you know if closure is permitted?

Yes, but only within the first 14 days, it seems.

badger09

iwblue said:

Can anyone tell me how I get to page 1 to see the list
...I'm just thick I can't see how to do it 

If you’re using iPhone, turn phone to landscape & you’ll see Page 1 at the bottom

P3

I have ybs loyalty regular esaver and Christmas 23 regular esaver

Can I open a new ybs regular esaver 5%?

Bridlington1

P3 said:

I have ybs loyalty regular esaver and Christmas 23 regular esaver

Can I open a new ybs regular esaver 5%?

Yes you can.

vixen1500

4.5% regular savers  keep or close?  -  Halifax, Bank of Scotland etc.  Are these fixed or variable?   Managed to  get the Newcastle Building Society account @ 4.3%, so thinking these won't be worth having any more.  Do you have to keep them open the full year?  Do you lose interest if closed early?  Can you pay in a smaller amount, maybe £50?  Any thoughts, would love to hear before I start the monthly deposits

ForumUser7

vixen1500 said:

4.5% regular savers  keep or close?  -  Halifax, Bank of Scotland etc.  Are these fixed or variable?   Managed to  get the Newcastle Building Society account @ 4.3%, so thinking these won't be worth having any more.  Do you have to keep them open the full year?  Do you lose interest if closed early?  Can you pay in a smaller amount, maybe £50?  Any thoughts, would love to hear before I start the monthly deposits

IMO Keep, unless you want to open at a higher rate.
Fixed
No - can close at any time. Lloyds and BoS have a clause against reopening if opened one in the past month, but IT systems don’t enforce it.
No interest penalty - interest paid in full upon closure
You can even stop payments entirely I think. If you decide to pay in, min payment is £25 (someone please verify this, I don’t have the old documentation anymore).

There is a method to ‘renew’ and reopen at a higher rate (but starting again from £0) - hopefully someone can link you to this.

EDIT - found it - https://forums.moneysavingexpert.com/discussion/comment/79879297/#Comment_79879297

Bridlington1

vixen1500 said:

4.5% regular savers  keep or close?  -  Halifax, Bank of Scotland etc.  Are these fixed or variable?   Managed to  get the Newcastle Building Society account @ 4.3%, so thinking these won't be worth having any more.  Do you have to keep them open the full year?  Do you lose interest if closed early?  Can you pay in a smaller amount, maybe £50?  Any thoughts, would love to hear before I start the monthly deposits

In terms of which ones are have fixed/variable interest and the minimum deposits of each account the following lists of regular savers may be of use:

Currently available:

Bank/building society	Name	Calender/Account month	Withdrawals/early closure	Interest rate	Fix/var	Min deposit	Max deposit
Skipton BS	Members Branch Regular Saver	C	Early closure only	7.50%	F	£0.00	£250.00
First Direct	Regular Saver Account	A	Closure s.t very low interest rate	7.00%	F	£25.00	£300.00
Bath BS	16-25 Regular Saver	C	2 withdrawals/yr	6.95%	V	£10.00	£50.00
Lloyds	Club Lloyds Monthly Saver	C	Unlimited	6.25%	F	£0.00	£400.00
Natwest	digital regular saver	C	Unlimited	6.17%	V	£0.00	£150.00
RBS	digital regular saver	C	Unlimited	6.17%	V	£0.00	£150.00
Beehive	Online Fixed Regular Saver	C	None	6.00%	F	£0.00	£250.00
Nottingham BS	Branch Fixed Regular Saver	C	None	6.00%	F	£0.00	£250.00
Penrith BS	Regular Saver 300 (Heartland only)	C	3 penalty free wdls/yr	6.00%	V	£1.00	£300.00
Principality BS	Regular Savings Bond Issue 33	C	Early closure only	5.50%	F	£0.00	£250.00
BOS	Regular Saver	C	Unlimited	5.50%	F	£0.00	£250.00
Halifax	Regular Saver	C	Early closure only	5.50%	F	£0.00	£250.00
Tipton & Cosley BS	Regular Saver to 31 July 2024 branch+post/app version	C	None	5.50%	V	£50.00	£500.00
Nationwide BS	Start to Save Issue 2	C	Unlimited	5.25%	V	£0.00	£50.00
Lloyds	Monthly Saver	C	Unlimited	5.25%	F	£0.00	£250.00
Loughborough BS	1Y Fixed Monthly Saver	C	None	5.00%	F#	£0.00	£500.00
TSB	Monthly Saver	C	Unlimited	5.00%	F	£0.00	£250.00
West Brom BS	Adult's Fixed Rate Regular Saver Issue 6	C	None	5.00%	F	£0.00	£250.00
HSBC	Regular Saver	A	closure s.t very low interest rate	5.00%	F	£25.00	£250.00
Santander	Regular e-saver	A	Unlimited	5.00%	F	£0.00	£200.00
YBS	Regular Saver	C	2 withdrawals/yr	5.00%	V	£0.00	£250.00
Saffron BS	Small Saver Issue 6	C	1 withdrawal/mth	4.80%	V	£1.00	£50.00
Coventry BS	First Home Saver Issue 2	C	60 day notice or interest penalty	4.80% (from 7/7/23)	V	£0.00	£1,000.00
Coventry BS	Regular Saver	A	30 day interest penalty	4.80% (from 7/7/23)	V	£0.00	£500.00
Furness BS	1Y Regular Saver Issue 5	C	1 withdrawal/yr	4.50%	V	£1.00	£250.00
Leeds BS	Regular Saver Issue 36	C	1 withdrawal/yr	4.50%	V	£0.00	£250.00
Saffron BS	Members 12 Month Regular Saver	C	Unlimited	4.50%	V	£0.00	£500.00
Hinckley & Rugby BS	Regular Saver 30 Day Notice	C	Unlimited Subject to 30 day notice	4.50%	V	£10.00	£500.00
Nottingham BS	Summer Saver Issue 2	C	None	4.50%	F	£0.00	£500.00
Leek BS	Regular Saver Account Issue 3	C	3 withdrawals/yr	4.45%	V	£0.00	£500.00
Leeds BS	Home Deposit Saver	C	1 withdrawal/yr	4.40%	V	£0.00	£500.00
Stafford Railway BS	Regular Saver Issue 1	C	4 withdrawals/yr	4.40%	V	£25.00	£500.00
Principality BS	First Home Saver	C	3 penalty free wdls/yr inc closure	3.55% (£1-£2500)	V	£0.00	£1,500.00
				3.75% (£2501-£7500)	V
				4.25% (£7501+)	V
Darlington BS	Regular Saver	C	Unlimited	4.25%	V	£0.00	£750.00
Darlington BS	Green Regular Saver	C	Unlimited	4.25%	V	£0.00	£250.00
Mansfield BS	Regular eSaver	C	Unlimited Subject to 30 day notice	4.25%	V	£10.00	£500.00
Mansfield BS	Regular Saver	C	Unlimited Subject to 30 day notice	4.25%	V	£10.00	£500.00
Bath BS	Homestart Regular Saver	C	2 withdrawals/yr	4.24%	V	£50.00	£250.00
Earl Shilton	Regular Monthly Saver	C	2 withdrawals/yr, £10 hit if no payment	4.10%	V	£10.00	£1,000.00
Chorley BS	Regular Saver (30.04.2024)	C	None	4.00%	F	£0.00	£250.00
Bath BS	Regular Saver	C	1 withdrawal/yr	3.79%	V	£20.00	£250.00
Monmouthshire BS	Regular Saver Bond	C	None	3.75%	F	£0.00	£250.00
Loughborough BS	Limited Access Monthly Saver	C	1 withdrawal/yr	3.75%	V	£1.00	£2,000.00
Beverley BS	Monthly Saver	C	Interest hit of 0.5%	3.70%	V	£10.00	£1,000.00
Buckinghamshire BS	Regular Saver	C	Unlimited	3.65%	V	£0.00	£500.00
Newbury BS	Home Saver	C	2 withdrawals/yr	3.40%	V	£10.00	£500.00
Ecology BS	Regular Saver	C	2 withdrawals/yr	3.30%	V	£25.00	£250.00
Market Harborough BS	Members Regular Saver	C	Unlimited Subject to 30 day notice	3.20%	V	£10.00	£3,000.00
West Brom BS	Access Regular Saver	C	Unlimited	3.10%	V	£20.00	£2,000.00
Loughborough BS	Regular Monthly Saver Account	C	Unlimited	2.50%	V	£0.00	£1,000.00

NLA:

Bank/building society	Name	Calender/Account month	Withdrawals/early closure	Interest rate	Fix/var	Min deposit	Max deposit
Saffron BS	Members Month Loyalty Saver	C	1 withdrawal/mth	9.00%	F	£0.00	£50.00
YBS	Limited Access Monthly Saver Issue 2/loyalty eSaver	C	1 withdrawal/yr	6.00% (from 6/7/23)	V	£0.00	£500.00
Monmouthshire BS	Coronation Regular Saver	C	Unlimited	5.60%	V	£0.00	£300.00
Monmouthshire BS	Christmas saver Bond Issue 5	C	closure s.t very low interest rate	5.50%	F	£0.00	£200.00
YBS	Christmas 2023 Regular Savings Bond	C	1 withdrawal/yr	5.50%(from 6/7/23)	V	£0.00	£300.00
Coventry BS	First Home Saver Issue 1	C	Unlimited	5.45% (from 7/7/23)	V	£0.00	£1,000.00
Nottingham BS	Starter ISA Issue 11	C	None, except transfers out s.t. 180 day interest hit	5.00%	V	£0.00	£1,600.00
Principality BS	Christmas 2023 Regular Savings Bond	C	Early closure only	5.00%	F	£0.00	£125.00
Principality BS	Regular Savings Bond Issue 32	C	Early closure only	4.50%	F	£0.00	£250.00
Saffron BS	Regular Saver ISA	C	Unlimited	4.25%	F	£0.00	£1,650.00
Nationwide BS	Flex Regular Saver	C	3 penalty free wdls/yr inc closure	4.25%	V	£0.00	£200.00
Principality BS	Regular Savings Bond Issue 31	C	Early closure only	4.00%	F	£0.00	£250.00
Vernon BS	Regular Saver ISA	C	2 withdrawals/yr, can miss 1 payment else 0.7% hit	3.70%	V	£25.00	£1,666.00
Principality BS	Regular Savings Bond Issue 30	C	Early closure only	3.25%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 29	C	Early closure only	2.80%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 28	C	Early closure only	2.25%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 27	C	Early closure only	1.50%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 26	C	Early closure only	1.25%	F	£0.00	£250.00

There will be others but these are all the ones I have noted on my spreadsheets (I don't hold all of them though).

The Halifax and BOS regular savers that you mentioned follow the same withdrawal conditions as the ones listed above, as do Lloyds, the only difference being their interest rate.