Regular Savings Accounts: The Best Currently Available List!

Reg_Smeeton

CompulsiveSaver said:

gt94sss2 said:

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. Have reduced my monthly payment to £10 and will withdraw the rest idc

It astounds me that so many are paying less than an Instant access rate, on this page there is Tier 1 (3.9%) and Tier 2 (4.1%) of the Principality First Home Steps Account Online, looking elsewhere Mansfield BS paying 4.25% on 30 day regular saver, Chorley paying 4% on their regular saver and I think I seen somewhere else a few more like Swansea and Monmouth Building societies are still both only paying 3.75% on their regular savers, with some shockers like West Brom only paying 3.1% on it's access regular saver! I suppose the savers might be stuck until maturity, but it will hardly be encouragement for renewal after maturity.
* apologies if any of the above rates are out of date, but that is what they are on the comparison site.  OK, Rant over 

It probably doesn’t help when people like me continue to maintain minimum balances/pay-ins on these kind of accounts in order to retain a relationship with the provider

I’m much more relaxed now all of my RS’s are at a higher rate than my mortgage but I still hold accounts with places such as the Vernon, Stafford Railway and the Coventry who have in the recent past had market leading accounts but are no longer as competitive,

wiseonesomeofthetime

CompulsiveSaver said:

..., with some shockers like West Brom only paying 3.1% on it's access regular saver! 

Although West Bromwich do offer a 5% (fixed) Adult Regular Saver and a 5.50% (fixed) Children's Regular Saver.

The Access Regular Saver, is because it gives you exactly that, hence the trade off in interest rate.

CompulsiveSaver

wiseonesomeofthetime said:

CompulsiveSaver said:

..., with some shockers like West Brom only paying 3.1% on it's access regular saver! 

Although West Bromwich do offer a 5% (fixed) Adult Regular Saver and a 5.50% (fixed) Children's Regular Saver.

The Access Regular Saver, is because it gives you exactly that, hence the trade off in interest rate.

OK, fair enough! but like I said at the end of my post, it was from a comparison site, rather than going to each of their websites, but still an access account, paying less than instant access!!! there is something wrong there!

ForumUser7

Beverley BS: As of Thursday 13th July all Variable interest rates will be increasing.

Anyone know what the Monthly Saver is going to yet?

ForumUser7

Darlington BS Rate Increases according to MoneyFacts:

• Regular Monthly Saver -> 4.50%
• Darly Young Saver -> 4.05%

Not great, but better than nothing I suppose. Hopefully they also increase the Green RS etc.

EDIT: Per their website:

Gers

My two Darlington SO RS accounts both mature this week, I won't be opening anymore though I'll keep my easy access savings account as a toe in the water. 

10_66

Gers said:

My two Darlington SO RS accounts both mature this week, I won't be opening anymore though I'll keep my easy access savings account as a toe in the water. 

The Darlington Special Occasion regular savers don't have a specific term.

Gers

10_66 said:

Gers said:

My two Darlington SO RS accounts both mature this week, I won't be opening anymore though I'll keep my easy access savings account as a toe in the water. 

The Darlington Special Occasion regular savers don't have a specific term.

Thanks.

Just re-read the T&Cs - it quotes an amount after 12 months which is why I assumed a term, then at the end there's reference to a longer term.  No matter, I will close them and wait for the cheque to arrive. That, along with the now poor interest rate, means that I can make my monies work better for me. They are gone!

trickydicky14

Gers said:

10_66 said:

Gers said:

My two Darlington SO RS accounts both mature this week, I won't be opening anymore though I'll keep my easy access savings account as a toe in the water. 

The Darlington Special Occasion regular savers don't have a specific term.

Thanks.

Just re-read the T&Cs - it quotes an amount after 12 months which is why I assumed a term, then at the end there's reference to a longer term.  No matter, I will close them and wait for the cheque to arrive. That, along with the now poor interest rate, means that I can make my monies work better for me. They are gone!

I closed my 3 Special occasion accounts months ago, got fed up waiting. So much available now over 5%.

Wheres_My_Cashback

The ONLY things that's keeping Darlington in the frame is that they permit 4 WDs and closure so they are better than EA accounts currently and if you've accrued a high balance even better, especially if you've already exhausted all other RS options, however the gap between them and EA is closing so moving to NA a/c is getting closer all the time unless funds are needed quicker.