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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • YBS rates increasing from 10/8/23:
    Regular Saver to 5.25% 
    Christmas 2023 Regular Saver (NLA) to 5.75%
    Loyalty Regular Saver (NLA) to 5.8%
    Loyalty Regular eSaver and Loyalty Regular Saver Issue 2 (NLA) to 6.25%
    Think I'll restart payments into the Xmas 2023 RS in that case, I wasn't bothering with paying into any RS's under 6% recently but 5.75% is close enough to make it worthwhile again I think.
  • OneUser1
    OneUser1 Posts: 105 Forumite
    100 Posts Second Anniversary Name Dropper
    Penrith Building Society have sent me an email saying they have increased their variable rates. But you have to contact them to find out the new rates. Anyone know whether this means the 6% Regular Saver has increased? 
  • ForumUser7
    ForumUser7 Posts: 2,505 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 4 August 2023 at 12:56PM
    OneUser1 said:
    Penrith Building Society have sent me an email saying they have increased their variable rates. But you have to contact them to find out the new rates. Anyone know whether this means the 6% Regular Saver has increased? 
    The find out more button brings you to a page that has a button for information on current rates. No RS300 increase yet
    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 I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read.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.
  • happybagger
    happybagger Posts: 1,052 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    The increased rates were from 2 August, and are on the website. RS 300 stays at 6% and RS200 closed issue remains at 4%

    rates
  • liamcov
    liamcov Posts: 652 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Leeds BS are quick off the mark.  From 15/8/23:
    Regular saver to rise to 5.25%
    Home Deposit Saver to 5.15%
    Is that issue 37 of the reg saver?
  • Bridlington1
    Bridlington1 Posts: 3,989 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 4 August 2023 at 2:16PM
    liamcov said:
    Leeds BS are quick off the mark.  From 15/8/23:
    Regular saver to rise to 5.25%
    Home Deposit Saver to 5.15%
    Is that issue 37 of the reg saver?
    That's issues 23-43 so yes issue 37 will rise.
  • alrk
    alrk Posts: 52 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Ive had my halifax and YBS regular accounts since march. I think they have been 5.5% since I opened them and are still top of the interest rates. Why are there so few at 5.5 and they dont seem to have increased with the bank rates!

    thanks for your ideas
  • Wheres_My_Cashback
    Wheres_My_Cashback Posts: 4,394 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 5 August 2023 at 11:24AM

    Darlington BS seem to be drip feeding info, their latest states Following the Bank of England’s decision to increase the Bank Base Rate by 0.25 percentage points, to 5.25% on 3 August 2023, the below changes will apply:

    Savings

    Increase interest rates on all savings accounts on 1 September 2023, with some accounts benefitting from the full 0.25% rate increase.

    Savings accounts which are directly linked to and track the Bank Base Rate will increase by 0.25% on 1 September 2023.


    https://www.darlington.co.uk/news/update-following-bank-base-rate-increase-in-august-2023/

  • OneUser1
    OneUser1 Posts: 105 Forumite
    100 Posts Second Anniversary Name Dropper

    Darlington BS seem to be drip feeding info, their latest states Following the Bank of England’s decision to increase the Bank Base Rate by 0.25 percentage points, to 5.25% on 3 August 2023, the below changes will apply:

    Savings

    Increase interest rates on all savings accounts on 1 September 2023, with some accounts benefitting from the full 0.25% rate increase.

    Savings accounts which are directly linked to and track the Bank Base Rate will increase by 0.25% on 1 September 2023.


    https://www.darlington.co.uk/news/update-following-bank-base-rate-increase-in-august-2023/

    My Green Regular Saver is, I think, on 4.5% so even if it rose to 4.75% it’s not going to be one of my top accounts. My personal choice is to keep the account active but I won’t be maxing it out.
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