Regular Savings Accounts: The Best Currently Available List!

happybagger

Thanks for checking that out and spotting it. Will be bringing mine right down (RS Locals at 4.25%) as now surpassed by EA accounts. I will keep it open though - I like the Bucks a/c though as it's unlimited withdrawals.

soulsaver

Wheres_My_Cashback said:

AndyTh_2 said:

soulsaver said:

Well, not too bad if you've already got the £7.5K in them... But I can't see many first time buyers starting down that PBS FHS O/L Saver route - they'd have to be willing to save £1500 pm for 5 months to get to a rate that only narrowly beats any of the ToTP 10 easy access savers... Poor show from Principality.

ForumUser7 said:

Principality rate changes:

First Home Saver Online Issue 2:

• Tier 1 £1.00 - £2,500.00 -> 3.90%
• Tier 2 £2,500.01 - £7,500.00 -> 4.10%
• Tier 3 £7,500.01 - £25,000 -> 4.60%

£7,500.01 that 1p makes all the difference sadly and not obtainable till the 6th month

this is from experience, having reached my 5th month in June and seeing the 2nd tier still at £7,500.00

Too late for you guys now, but the top tier can be obtained in month 5 dependent upon a later in the year account opening date as interest is paid on 1st Jan

A hack always useful to remember with RS tiers (although admittedly not that common) if not obliged to stick with the monthly 'versary', you can/could get to  £9k in 4 months and 2 days, i.e.  Jan 31, F,M,A,M & June1 or similar.

simonsmithsays

Bridlington1 said:

Buckinghamshire BS regular saver has now risen to 3.85% (up from 3.65%).
See: https://www.bucksbs.co.uk/getfile/12182

Thanks for this

Another on my get rid of list

fabsaver

The Mansfield BS Regular eSaver 30 is now lagging instant access rates at 4.25%. Plus it's not even instant access as 30 days written notice required.

The rate hasn't increased since the 1st June. The increase before that was 1st March. I hope that doesn't mean that the next increase won't happen until 1st September 

ForumUser7

fabsaver said:

The Mansfield BS Regular eSaver 30 is now lagging instant access rates at 4.25%. Plus it's not even instant access as 30 days written notice required.

The rate hasn't increased since the 1st June. The increase before that was 1st March. I hope that doesn't mean that the next increase won't happen until 1st September 

If you’re unhappy, probably put it on notice. If they see lots of notice requests, perhaps they’ll consider increasing the rate to retain funds.

ChewyyBacca

I have Principality First Home Steps Account Online Issue 2
Im in Tier 2 atm & will take another 2 months to reach Tier 3

Tier	Balance	Gross interest rate
Tier 1	£1.00 - £2,500.00	3.90% (Variable)
Tier 2	£2,500.01 - £7,500.00	4.10% (Variable)
Tier 3	£7,500.01 - £25,000.00	4.60% (Variable)

Does it make sense to keep money here or to go for a 90 day notice acct @5%

Thanks

pookey

ChewyyBacca said:

I have Principality First Home Steps Account Online Issue 2
Im in Tier 2 atm & will take another 2 months to reach Tier 3

Tier	Balance	Gross interest rate
Tier 1	£1.00 - £2,500.00	3.90% (Variable)
Tier 2	£2,500.01 - £7,500.00	4.10% (Variable)
Tier 3	£7,500.01 - £25,000.00	4.60% (Variable)

Does it make sense to keep money here or to go for a 90 day notice acct @5%

Thanks

I think the 90days notice account will work out better provided you don't need the money any time soon. That being said there might be another increase beginning of August so might be worth while to put the money in a high interest easy access saver 

simonsmithsays

JamesRobinson48 said:

fabsaver said:

The Mansfield BS Regular eSaver 30 is now lagging instant access rates at 4.25%. Plus it's not even instant access as 30 days written notice required.

The rate hasn't increased since the 1st June. The increase before that was 1st March. I hope that doesn't mean that the next increase won't happen until 1st September 

I have put in a 30 days notice request to Mansfield. But I might cancel that if they increase the rate to 5.0% or higher. I don't expect they will though.  But wait ... maybe if lots of us put in a notice request ...

Their (Mansfield) RS 4, 5 and 6 are 3.75%

Bridlington1

fabsaver said:

The Mansfield BS Regular eSaver 30 is now lagging instant access rates at 4.25%. Plus it's not even instant access as 30 days written notice required.

The rate hasn't increased since the 1st June. The increase before that was 1st March. I hope that doesn't mean that the next increase won't happen until 1st September 

If I recall correctly they jumped from 2.25% to 3.5% in one go late last year so it may not be out of the question for them to jump by a large margin again. This was in late November/early December if my memory serves me well.

Personally I'm not actively funding anything below 5% due to my having some tracker accounts so have had both the eSaver and the post/branch versions on minimal deposits for months now. Mansfield would have to top 5% now for me to even start thinking about properly funding it again.

Nick_C

I've just closed my Lloyds RS @ 5.25%.  My lowest paying RS is now Coventry First Home Saver Issue 1, paying 5.45% and with amazing flexibility.  (NLA)

I'm trying to make sure my taxable interest stays below £1k, and my true savings (excess monthly income) are going into YBS ISA at 5% (also NLA).